Proximar Seafood AS

Investor Presentation • Dec 4, 2025

Disclaimer

This presentation (the "Presentation") has been prepared by Proximar Seafood AS (the "Company" and together with its subsidiaries, the "Group"), solely for information purposes. The Presentation comprise a general summary of certain matters in connection with the Group, and do not purport to contain all of the information that any recipient may require to make an investment decision. This Presentation, and the information contained herein, does not constitute an offer or invitation to sell, or any solicitation of any offer to subscribe for or purchase any securities of the Company, and neither the issue of the materials nor anything contained herein shall form the basis of or be relied upon in connection with, or act as an inducement to enter into, any investment activity, and do not constitute or form part of any offer, invitation or recommendation to purchase, sell or subscribe for any securities in any jurisdiction.

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Biomass developing positively through November, feeding according to plan

Net biomass growth including harvested fish ~371 tonnes

Fish health remains good

Survival rate of 99.9%

80 tonnes harvested in November, in-line with revised plan

97.5% superior share

Expect to reach standing biomass target around 2,000 tonnes (end 2025)

Stable system performance, all modules in grow-out showing good water quality and fish performance