SalMar : Aker Ocean

SalMar Aker Ocean

Establishment of world leading offshore farming operations

Offshore a new era in aquaculture

Sustainable growth on the terms of the salmon

• Utilizing the potential of the ocean to produce healthier food1
• • Salmon one of the most resource efficient protein sources
  • Sustainable production to feed a growing world population
• SalMar - targeting sustainable growth through new technology since 1991
• • Technological development on the terms of the salmon
  • Always seek minimal environmental footprint
  • Consistently delivering excellent operational performance
• Offshore is the natural habitat of the salmon
• • Optimal biological conditions
  • Strong biological results from Ocean Farm 1
  • Unlock vast areas for sustainable production - world-wide

2 1) https://www.oceanpanel.org/

Pioneering the road to semi-offshore and offshore farming

Based on world-class Norwegian aquaculture and offshore technology

	2012 -15			2015 -17			2017-21
•	Feasibility study		•	Awarded licenses		• Production of first and second generation of
•	Framework conditions		•	Constructions/delivery/transport			salmon - approx. 10,000 ton produced
•	New operating concept		•	Preparation/release of smolt		• 20 000 sensors provide unique knowledge
•	Engineering		• Billion investments - and this is		•	Technology program
• Alternative use of offshore oil & gas			just the first unit		•	Strong biological results
	technology		•	Massive learning		• Mariculture / Smart Fish Farm

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SalMar and Aker to create world leading offshore farming operations

SalMar and Aker joining forces to realize the potential of the ocean

• Cooperation with strong industrial track record
• • SalMar with 30 years of operational experience from aquaculture
  • Aker with 180 years of strong industrial experience
  • Competence and ownership based in Norway
• SalMar and Aker with complementary competence
• • World leading in respective fields
  • Together in a unique position with leading expertise within aquaculture, biology, sustainability, technology and offshore competence
  • Both parties committed to contribute with competence, resources and capital
• Start of a new era offshore and a new industrial adventure
• • Global market potential, technology not only limited to Norwegian waters
  • Significant positive ripple effects to the entire value chain and supplier industry
  • Outlook for significant value creation

66,6%33,4%

SalMar Aker

Ocean

Smart Fish Farm (SFF)

Ocean Farm (OF)

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Establishment of a global offshore aquaculture company

Highest requirements for fish welfare & zero-emissions value chain ambition

• Creating the world's most reliable and intelligent offshore farming operations with the highest requirements for fish welfare and a zero-emissions value chain ambition
• • SalMar contributes with decades of experience on animal health, industry leading farming operations, cost effective smolt production and processing and pioneer know-how in offshore farming
  • Partnering with Aker, the company will have access to world leading capabilities within engineering, fabrication, digitalization, offshore operations, clean technologies for zero emission operations
• Offshore technology opens vast new areas for fish farming with optimal biological conditions for the salmon
• • The company holds eight licences (OF licenses) in addition to eight development licences for the Smart fish farm project
  • The company will start out with ownership of one semi-offshore fish farm unit, Ocean Farm 1, with an annual production capacity of approx. 6,300 ton per year. The unit is located at Håbranden in the North Sea
  • Additionally, the company will own 51% of Mariculture /Smart Fish Farm 1 - a offshore fish farming unit under development with an annual production capacity of approx. 22,700 ton per year

Creating the world's most reliable and intelligent

offshore farming operations with the highest requirements for fish welfare and a zero- emissions value chain ambition

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