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Atlantic Sapphire

Business and Financial Review Dec 2, 2020

3543_rns_2020-12-02_1fd801b1-4dc9-4479-8e17-c99ae9cc7bdd.pdf

Business and Financial Review

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Sales and Marketing Update – December 2nd, 2020

Sales, marketing and activations update - North America

  • First Miami harvest in September 2020, ramping up volumes and retail footprint weekly
  • Currently in over 1,000 retail locations in North America, labelled with Bluehouse Salmon brand
  • New locations updated continuously on: https://bluehousesalmon.com/where-to-buy/
  • Excellent consumer feedback on quality, texture and taste
  • Education, marketing and PR efforts increasing to build strong consumer brand
  • Key product attributes secure price premium at retail:
  • Unmatched freshness
  • Locally raised in the USA
  • "Ocean Safe" - no impact on coastal areas
  • No antibiotics or pesticides
  • Heart Healthy
  • Smoked salmon line planned to hit retail in Q1 2021

Marketing and activations in US retail

Sales and Marketing update - Denmark

  • Brand developed for Europe: Sapphire Salmon
  • Focus on expanding footprint - currently in 100+ retail locations

  • Presence across Europe, including Denmark, France, Italy, Germany, UK and Spain

  • Smoked salmon line planned to hit the shelves in Q1 2021
  • Online distribution in Denmark and Germany in Q1 2021

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