p.0 A new dimension in sustainable feed ingredients and sea lice treatment

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1 p.0 A new dimension in sustainable feed ingredients and sea lice treatment October 2014

2 Salmon: a sustainable and organic alternative p.1 Key benefits Tested in trials and commercial farms Improves general health of salmon Improves taste, texture Assists natural pigmentation (23/24 on scale) Improved growth rate 2-3% higher weight gain shown in trials Significant reduction in levels of sea lice 60% lower mortality rates 30% increase in Omega 3 levels Improved feed conversion ratio (0.1 point)

3 OceanFeed Salmon, a sustainable and organic marine based alternative p.2 The science behind Oceanfeed Patented unique formulation of 10 specific species of macroalgae to replace many chemicals and synthetics No Ascophyllum or kelp used and has proven natural anti-biotic, anti-viral,anti-inflammatory, anti-adhesion, anti-oxidant any many more effects. The algae used in OceanFeed Salmon is sustainably sourced and cultivated from around the world Simple process to avoid heat damage of bioactives with full organic, HACCP and FEMAS status. OceanFeed Salmon contains a plethora of natural bioactive compounds which when incorporated in the diet can modulate several functions in farmed salmon and assist in the control of chronic diseases and infections OceanFeed and OceanSupport is provided as a powder, crumble or pellets to suit client needs.

4 OceanSupport and Sea Lice Mode of action p.3 Immune system stimulator, OceanSupport stimulate the production of interleukin 1, 6 and 12 (as shown in salmon cell lines) this reduces the side effects of the lice (PGEII protein) that up-regulates certain genes Works at 10 ppm inclusion OceanSupport contains active PGEII blocking compound and neurotoxic compounds stops the protein to up regulate genes that make blood flow to the wound were the lice sits and effects other physiological responses and lice behaviour

5 Mucus layer is stimulated and increased harder for the lice to get to work and attach p.4 Proven increase in omega 3 by 30% using Oceanfeed (published in Eur. J. of Lipid Res. 2014). Boost the immune system and makes a consumer healthy fatty fish (again). Omega 3 also vital for salmon health! Omega 6 oils are actually a precursor to PGEII which play a role in sea lice infection, weaken the fish and open it up for other diseases over the last 10 years, pure fish oil is often replaced with cheaper omega 6 oils and will only increase the sea lice problem and weaken fish for other diseases Oceanfeed bioactives can speed up transforming linoleic acids into omega 3

6 OceanFeed Aquaculture Formulas p.5 Salmon/Trout Improves general health Improves taste and texture higher growth rate 2%+ higher weight gain Significant reduction in sea lice 60% lower mortality rates 30% increase in Omega 3 levels Improved feed conversion ratio OceanSupport TM Salmon The first natural, organic marine based Sea Lice treatment. Results show that sea lice reduced by 80% + after 35 days Natural with no environmental impact Increases omega 3 level (especially EPA and DHA) Shrimp Higher weight gain Improved feed conversion ratio Replacement for mineral mixes Highly effective against viral diseases Lowers infection and mortality rates Substantially improved taste through enhanced fatty acid levels Improves pigmentation

7 OceanFeed Animal Ingredients p.6 Product Range Swine Equine C-pet TM Bovine Mink Poultry Sheep / Goat

8 Scalable production platform with fully secured biomass supply Low cost of production through facilities in Vietnam and secured supply network for biomass p.7 R&D and science facility in Ireland Production/ Distribution facilities in Vietnam Established during 2010/11 Produces proprietary, seaweed concentrate for inclusion in Vietnam. Operational since November 2013 Production capacity of 3,000 TPM Second production line operational in Q and third in Q3 in 2015, will increase production to 10,000 TPM

9 Fully secured biomass supply (FEMAS and Organic cert.) p.8 Majority of biomass sourced in South East Asia through a complex network comprising hundreds of harvesters across Philippines, Myanmar, Indonesia, Vietnam and Malaysia secured access to high quality raw material at cost-effective prices allows the company to scale up production All seaweed for bulk production shipped to facilities in Vietnam Potential for further reduction in costs from increasing scale

10 Global operation of OHT p.9 Faroe Islands Norway Canada Ireland (Head office) UK Denmark Netherlands USA Greece China Japan Production Current Potential markets Brazil Vietnam (Production facility) Thailand The Philippines Sri Lanka Malaysia Chile Australia Distribution Current Potential markets New Zealand

11 p Thank you Patrick Martin Co-Founder and CEO Tel:

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