On July 19, 2021, the board of directors of Blue Star Foods Corp. established an Audit Committee, a Compensation Committee, and a Nominating and Corporate Governance Committee, each of which operates under a charter that has been approved by the Board. The Audit Committee is responsible for assisting the Board in its oversight responsibilities regarding the Company's accounting and financial reporting processes, the audits of the Company's financial statements and the independent auditors' qualifications and independence.

The initial members of the Audit Committee are Jeffrey Guzy, as Chairman, Trond Ringstad and Timothy McLellan. The Compensation Committee is responsible for the approval and implementation of the executive compensation for officers and other key executives of the Company. The initial members of the Compensation Committee are Jeffrey Guzy, as Chairman, Trond Ringstad and Timothy McLellan.

The Nominating and Governance Committee is responsible for, among other things, identifying qualified board candidates and nominees, and corporate officers of the Company and other matters with respect to governance of the Company. The initial members of the Nominating and Corporate Governance Committee are Jeffrey Guzy, as Chairman, Trond Ringstad and Timothy McLellan.