Norcod

Environmental & Social Information • Sep 16, 2024

Norcod AS: 2023 ESG Report

Norcod AS: 2023 ESG Report

Norcod’s ESG Report for 2023 benchmarks the environmental, social, and governance initiatives implemented at Norcod. It reflects our ongoing commitment to sustainability, transparency and collaborative partnerships. Within the report, you will find efforts to minimize environmental impact, support communities, and uphold ethical standards.

Key highlights include:

• Carbon reduction target of 50% per kg edible yield by 2030, compared to the 2023 base case.

• Successfully decreased feed conversion ratio by 35% in Q3-Q4 2023.

• Production sites received best scores for benthic conditions below and surrounding the facilities.

• 100% of the feed ingredients utilized were certified through renowned certification schemes.

• All production sites were certified through GLOBALG.A.P.

• Norcod Group contributed 58.2 million NOK to society.

We invite you to explore the report, which is attached and also available on Norcod’s website. Your feedback is valuable to us, and we encourage further dialogue on how we can collectively make a positive impact.

We look forward to collaborating further with our partners and customers to set leading sustainability standards in the cod farming industry.

For further information, please contact:

• Christian Riber, Chief Executive Officer, phone: +47 905 37 990, E-mail:

cr@norcod.no

• Chris Guldberg, Chief Commercial Officer, phone: +47 92 81 07 07, E-mail:

cg@norcod.no