SAMHERJI GROUP KATLA SEAFOOD Mr Adalsteinn Helgason Samherji

SAMHERJI GROUP KATLA SEAFOOD

Mr. Adalsteinn Helgason Samherji Group November 2011 - Namibia

1. Samherji Group 2. Katla Seafood Namibia Contents 2011

1. Samherji Group 2. Katla Seafood Namibia 1 2011

Samherji Group • Samherji heims. KORT Namibia 2011

Samherji Group • Overview of the Group Namibia 2011

Samherji Group • Recent Projects Faroe Island Poland Canada France Iceland Namibia 2011

Samherji Group • A Proud History Established 28 years ago in Akureyri, Iceland. Today we operate in 12 different countries producing high quality fresh and frozen products for the most demanding stores in the world (EU, USA, Asia etc). The main focus is and has always been on the seafood industry were we take care of the entire process from catch to market. Samherji employs qualified and enterprising personnel and management, has a powerful fleet and highly advanced onshore plants. Equipped in this manner the company aims at a continuing leading position in the seafood industry. Namibia 2011

Samherji Group • The Operations The headquarters are in Iceland. The main operations are fishing, fish farming, processing and selling. We are operating in Iceland, Faroe Islands, Scotland, UK, Germany, Spain, French, Poland, Morocco, Mauritania, Pacific Ocean and Canada. Overall we operate more than 40 big vessels and we have over 10 factories on land. We are market driven and we fish and process 500. 000 T of fish. We are known for operating whole-heartedly under the current regulations in the countries we operate. Namibia 2011

Samherji Group Fishing Grounds • Samherji heims. KORT Fishing Grounds Namibia 2011

Samherji Group Sales and Market Network • Samherji heims. KORT Namibia 2011

Samherji Group • From Catch to Market 12 The Market Fishing Control Sales Vertically Integrated Export and Logistics Fishing / Fish Farming Processing Namibia 2011

Samherji Group • The Fleet Overall Samherji Group operates more than 40 vessels. Fishing shrimps, ground fish and pelagic species. Namibia 2011

Samherji Group • Fish Farming One of our fish farms in Iceland. We have 3 farms producing over 5. 000 T annually. Namibia 2011

Samherji Group • Factories One of our pelagic factories in Iceland, it produces 40. 000 T of frozen products annually. In avg. year the fishmeal factory receives 250. 000 T of raw material (50. 000 T fishmeal, 30. 000 T oil) Fishmeal factory Namibia Pelagic freezing plant Cold Storage 25. 000 T 2011

Samherji Group • Factories and Final Products Samherji has two white fish plants in Iceland (18. 000 T), producing high quality fresh and frozen fish for the most demanding stores in Europe. Namibia 2011

Samherji Group • The Technology Namibia 2011

Samherji Group • Marketing Namibia 2011

Samherji Group • Strong Financial and Knowledge Backup Constant innovation in catching and processing has been an absolute cornerstone in the company´s success. In 2003 Samherji was awarded by our president The Export Awards. Namibia 2011

1. Samherji Group 2. Katla Seafood Namibia 2 2011

Katla Seafood: Samherji Group • A Proud History Samherji bought Katla Seafood in 2007. It was an operation with a catching history in West Africa since 1998. The head quarters of Katla Seafood are in Canary Islands, from where the vessels get all their supplies and service. Currently Katla Seafood operates vessels in Mauritania, Morocco and the Pacific Ocean. The fleet consists of 6 fishing and 2 service vessels. Two of these fishing vessels are on EU flag. Namibia 2011

Katla Seafood: Samherji Group • Our Markets: 14 republic countries with 342 million people Our main markets are 14 African countries. The offical population number in those countries is 342 million people, so the real population number could easily be up to 500 million people. Majority of the population in those countries eat fish of some kind daily. We have devided those 14 countries into 4 markets according to fish consumption habits. Namibia 2011

Katla Seafood: Samherji Group • The Four Markets Area 2: Area 1: Area 3: Namibia Area 4: 2011

Katla Seafood: Samherji Group • The Operation in Morocco Since Samherji bought Katla Seafood the number of Moroccan sailors was increased while operating in Morocco. Our operations supplied approximately 200 Moroccan’s people with a stable job. Various services and supplies are required in Morocco. Our operations created indirect jobs for numerous people working in airports, in harbors, offices and etc. Namibia 2011

Samherji Group • Potential Cooperation with Canneries in Morocco • Frozen on board quota 50. 000 T p. a. • Creates 1. 500+ annual direct jobs. • Well known method to fully utilize the processing capacity. Namibia 2011

Samherji Group • Potential Integrated Project in Morocco • Total investment of 63 million USD. • Creates approx 1. 000 new stable direct and indirect jobs. • Market connections, processing knowledge and technological knowhow. • Increases the prosperity of the Dakhla region. Namibia 2011

Thank You Namibia 2011