Benchmark Holdings Plc

Regulatory Filings • Oct 10, 2023

Grant of two new salmon broodstock licenses in Norway - Strengthens genetics capabilities and improves security of supply of our customers

Grant of two new salmon broodstock licenses in Norway - Strengthens genetics capabilities and improves security of supply of our customers

Benchmark Holdings, the aquaculture biotechnology company, is pleased to announce that it has been granted two new salmon broodstock licenses by the Directory of Fisheries in Norway. The two licenses which total 780 tons, include a 320 tons license for sea production and a second license for on land production of up to 460 tons, more than doubling the volume of our current licenses.

This represents an important milestone for Benchmark enhancing our capabilities and the security of supply for our customers. The additional broodstock capacity enlarges the selection pool in our genetics programme, reduces operational risk by having broodstock volume at different sites and supports future potential expansion of our production of ova in Salten.

Trond Williksen commented:

“Benchmark’s genetics operations are core to our ability to supply highly bio-secure salmon eggs to salmon producers year round. The grant of the new licenses is a reflection of Benchmark’s leading position in the industry, track record and quality of our operations.

The two new licenses enable us to further increase security of supply of bio-secure, high quality eggs with high performing genetic traits for our customers supporting our mission to drive sustainability in aquaculture.”

Enquiries

For further information, please contact:

Benchmark Holdings plc info@benchmarkplc.com

Trond Williksen, CEO

Septima Maguire, CFO

Ivonne Cantu, Investor Relations

Numis (Broker and NOMAD) Tel: 020 7260 1000

Freddie Barnfield, Duncan Monteith

MHP Communications Tel: 020 3128 8742 / 8591

Katie Hunt, Reg Hoare, Veronica Farah benchmark@mphc.com

About Benchmark

Benchmark is a market leading aquaculture biotechnology company. Benchmark’s mission is to drive sustainability in aquaculture by delivering products and solutions in genetics, advanced nutrition and health which improve yield, growth and animal health and welfare.