Clean Seas Seafood Limited

Report Publication Announcement • Aug 28, 2023

FY23 Results Investor Presentation

FY23 Results Investor Presentation

[ADELAIDE], 29 AUGUST 2023

Clean Seas Seafood Limited (ASX: CSS, OSE: CSS) presents its FY23 Results Investor Presentation.

Overview:

Full year profitability and positive cash flow milestones achieved

 Growing awareness and acceptance of Yellowtail Kingfish globally

 Strong resonance of Clean Seas commercial messaging, highlighting quality, culinary flexibility and Spencer Gulf provenance

 Maintained optimal live and frozen inventory sales mix, eliminated frozen clearance stock which drove record pricing and reduced non-feed production costs

 Delivered $8.5m improvement in operating profitability, positive cash flows and record group revenue of $69.4 million

 Progress on sustainability agenda with novel feed ingredients and asparagopsis collaboration

 Considerable untapped opportunity for future global expansion with enabling balance sheet

The full Announcement is attached.

Authorised for release by the CEO of Clean Seas Seafood Limited.

For further information please contact:

Rob Gratton

CEO

rob.gratton@cleanseas.com.au