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Barramundi Group Investor Presentation 2021
8174_rns_2021-11-29_324ad186-864b-4ad2-a406-eead79089169.pdf
Investor Presentation
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Q3 2021 BUSINESS UPDATE
November 29th, 2021
About Barramundi Group
A top barramundi producer
Leading integrated and sustainable aquaculture in Australasia
1,600 restaurants, hotels, and retailers in selected markets
Today, we produce 2,000 tonnes across Australia, Singapore, Brunei
Our ambition is to grow to 75,000 tonnes production
Our vision
To become the global leader of sustainably and responsibly farmed barramundi by producing great tasting, premium fish endorsed by top chefs around the world while safeguarding the world's oceans and environmental resources.
Strategic themes to our 2026 ambition
Q3 2021 Highlights
Industrialising Production
On track to meet 2026 goals
- Vincent Erenst as COO
- Improved animal health and growth
- Completion of Brunei nursery facilities
- New lease at St. John's Island
- • Investment in Aquaculture Service Vessel
- Strong government endorsement
Strong boots on the ground to drive market share growth
- Strong B2B momentum
- Strategic partnership with Shopee and Fassler Gourmet
- New value-added products
- Making inroads in China
Developing Sustainable Ecosystem
Continued focus on sustainable initiatives
- Partnership progressing with WWF
- New UVAXX lab underway in Brunei
INDUSTRIALISING PRODUCTION
Vincent Erenst joins the team
Welcomed industry veteran Vincent Erenstto the role of Chief Operating Officer of Production
Close to four decades of experience in the aquaculture sector, includes MOWI ASA / Marine Harvest Group, Avramar
Vincent is currently working closely across strategic planning, farming, processing, and improvements to survival and feed conversion rates
Improved Animal Health and Growth
New husbandry and feed protocols already showing positive results in growth and survivals
Australia biological growth on model
Singapore biological growth above model
Completion of Brunei nursery facilities
Status: Completed
Completion of RAS system; hatchery and nursery are fully operational
Key Facts
Key Facts Largest barramundi ocean farm in Brunei
Sea Nursery
Pelumpong: 10Key Facts -hectare produce 920,000 of 250gram fish; per year
Pilot plant designed to produce a total of 5,000 kg of barramundi fingerlings per batch
Second sea transfer completed in Q3
Grow-out sites
Pelong: 100-hectare; plan to produce 3,000 tonnes per year by 2026
Key Facts Nankivell: 6,613-hectare; future production site
State-of-the-art RAS system
New lease at St. John's Island
Bathymetric & hydrodynamic studies completed
- Environmental surveys and assessments completed
- Blue groups engagement exercise completed in September with positive outcomes
Expecting farm license approval by early 2022
Investment in Aquaculture Service Vessel
In time for the new lease and to support all three sites
High displacement capacity to cater to 2026 volumes and beyond
Multi-purpose vessel for towing, harvesting, pen deployment
On track for sea trials and delivery slated for May 2022
Future proofed, top-of-the-line, bespoke design
Strong government endorsement
Ongoing government engagement and collaborations
- ✓ Hosted a visit for Singapore's Minister for Sustainability and the Environment at our new nursery extension on St. John's Island
- ✓ Advanced discussions with the Australian government on capacity expansion opportunities
Favorable trade partnership signed between China and Brunei, which will accelerate the commercialisation of the Brunei farm
STRENGTHENING MARKET POSITIONING
Strong B2B momentum
Strategic partnership: Shopee and Fassler Gourmet
Largest e-commerce player in Southeast Asia
Driving strong sales growth in Q3'21
Online shop products up by 194% on Q2
Listed in the top 3 meat and seafood brands
New value-added products launched
Collagen and Fish Maw soups are new valueadded products launched
Part of the Group's plan to valorise the entire fish
Product development for additional value products
Making inroads in China
Our products are now listed in all City Shop outlets in Shanghai
- Joint B2B marketing event with Austrade in China, featuring a Chef's Table tasting event promoting Australian produce
- High visibility and engagement with key executives from Shanghai's HORECA sector
- Exhibited at FHC 2021, and held key engagement sessions with up-and-coming chefs
Coles #TogetherToZero campaign
Deepened partnership with Coles to support their ambition to be Australia's number one sustainable food retailer
Featured as a sustainability partner in Coles' latest #TogetherToZero campaign
Showcased a synergy in values for responsible sourcing
Coles #TogetherToZero campaign video
DEVELOPING SUSTAINABLE ECOSYSTEM
Partnership progressing with WWF
"Sustainable aquaculture will take a step forward," heralded by The Straits Times on Barramundi Group's latest tie-up with WWF-Singapore
Landmark partnership with WWF-Singapore to add the Aquaculture Stewardship Council (ASC) certification
Aquaculture improvement programme is on track to commence in Q1 2022
Working team has commenced the initial farm visit and pre-gap analysis audit
New UVAXX diagnostic lab underway in Brunei
Operational by H2 2022
Enables fish health experts on the ground to facilitate real-time, in-situ diagnostics and monitoring for Brunei operations
diagnostic services and autogenous vaccines
For any further investor inquiries, please contact:
Andreas von Scholten Chief Executive Officer Barramundi Group
Helen Chow Chief Financial Officer Barramundi Group
Email: [email protected]
For all other inquiries, please contact:
Stella Tan Account Director Baldwin Boyle Group Telephone: +65 9177 4692 Email: [email protected] Sharon Tan Senior Account Manager Baldwin Boyle Group Telephone: +65 9793 1532 Email: [email protected]
