SEAFARMS GROUP LIMITED — Capital/Financing Update 2017

Sep 17, 2017

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Our Ref: SFG ASX Media Release – HSBC (543)

18 September 2017

ANNOUNCEMENT 543

Market Announcements Office Australian Securities Exchange Level 6 20 Bridge Street SYDNEY NSW 2000

By ASX Online Number of pages: 2 (including this page)

Seafarms Group Project – HSBC Banking Facilities

Seafarms Group Limited ( Seafarms ) is pleased to announce that it has completed an agreement with HSBC Bank Australia to provide banking services to the Seafarms Group primarily in the form of working capital facilities for the Seafarms Queensland prawn aquaculture business.

The HSBC Facility will provide working capital funding for the ongoing growth and development of Seafarms Queensland aquaculture operations and underscores its financial viability as a stand-alone business.

Seafarms is pleased with the support and confidence which HSBC has shown in its Queensland aquaculture operations through the provision of these banking facilities.

We look forward to a long and mutually rewarding relationship with HSBC.

For any queries regarding this announcement please contact Harley Whitcombe on (09) 9321 4111.

Yours faithfully Seafarms Group Limited

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Harley Whitcombe Director and Company Secretary

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Media contact:

Elena Madden

True North Strategic Communication 0447 710 108

About Seafarms Group

Seafarms Group Limited (ASX: SFG) is an ASX listed holding company with two separate subsidiary companies operating in nonconventional commodities: aquaculture and carbon. Seafarm Operations Pty Ltd operates aquaculture operations and CO2 Australia Limited the carbon and environmental operations.

For further information refer the company’s web site: www.seafarms.com.au

About Seafarm Operations Pty Ltd

Seafarm – a new Australian agri-food company – operates, builds and invests in sustainable aquaculture production platforms producing high-quality seafood. Seafarms is currently the largest producer of farmed prawns – growing, processing and distributing the well-known Crystal Bay Prawns™ premium brand. The company is one of Australia’s largest aquaculture enterprises and is also developing Project Sea Dragon – a large-scale, integrated, land-based prawn aquaculture project in northern Australia designed to produce high-quality, year-round reliable volumes for export markets.

For further information refer the company’s web site: www.seafarms.com.au

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