China Fishmeal & Fish OilA l C fAnnual Conference

20162016

PELAGIC QUOTAS vs LANDINGS BY SPECIE (Th Tons) – year 2016

IN CHILE

‐

700 

800 

900 

300 

350 

‐21 

300 

350 

828

560 500 

600  151 

200 

250 

200 

250 

828 

200 

300 

400  317 

166 100 

150  297 276 

100 

150 

268 

‐

100 

Quota 2016 YTD‐

50 

Quota 2016 YTD

‐

50 

Quota 2016 YTD

YTD Balance YTD Balance YTD Balance

ANCHOVY SARDINE H. MACKEREL

CHILEAN PELAGIC LANDINGS (Th Tons)

IN CHILE

1 400

Th TonsChilean Pelagic Landings, by specie

1,060955

755

1,191

902803 818

540

795855 751 887

848

543436

896835

465600

800

1,000

1,200

1,400

268237

436

166247 227 231 272 288 276

0

200

400

2008 2009 2010 2011 2012 2013 2014 2015 ◦ 2016 *

Anchovy Sardine Jack Mackerel

UPDATED BY JULY 2016

ANCHOVY SARDINE H. MACKEREL

PELAGIC FISHMEALP R O D U C T I O N & M A R K E T S F R O M C H I L E

Pelagic fishmeal production in Chile

695669

600

700

800In TH Tons Pelagic fishmeal production in Chile

495541

446400

500

600

CHINA36%TAIWAN

6%

OTHERS19%

272313

276

153100

200

300

SOUTH KOREA19%

CANADA10%

JAPON10%

02008 2009 2010 2011 2012 2013 2014 2015 2016

19%

TO TA L E X P O RT S – M I L L U S $ 1 6 7 , 4 5 9TO TA L V O L U M E – 9 9 , 8 5 3 TO N SU P D AT E D B Y A U G U S T 2 0 1 6

PELAGIC FISH OILP R O D U C T I O N & M A R K E T S F R O M C H I L E

BRASIL

0%AUSTRALI

A0%

In Th Tons

Pelagic fish oil production in Chile

USA26%

GERMANY19%

BRASIL11% 0%124

120

90

103

80

100

120

HOLLAND23%OTHERS

21%

9085

52

67 63

5040

60

80

0

20

40

2008 2009 2010 2011 2012 2013 2014 2015 2016

TO TA L E X P O RT S – M I L L U S $ 3 3 , 6 0 8TO TA L V O L U M E 8 2 11 TO N STO TA L V O L U M E – 8 , 2 11 TO N SU P D AT E D B Y A U G U S T 2 0 1 6

ABOUT CAMANCHACA

• One of the world´s leading fishing and seafood companies.2016 S l S$ 266 illi (b 2016) f d• 2016 Sales: US$ 266 million (by August 2016); forecasted annual sales US$ 385 million.

2016 Sales by product FamilySales (US$ million)

2016 Sales by product Family(US$ million) – by August 2016

450

500MILL US$

OTHER SEAFOODS

7%119

250

300

350

400

WILD FISHERY34%

SALMON59%

258326

400439 431

351266

50

100

150

200

0

50

2010 2011 2012 2013 2014 2015 2016 E

OUR HISTORYOn May 10th the Companybegins operations in the port ofIquique

Beginning of Atlantic salmon breedingprogram in Fiordo Blanco salmon farm1963 2004

Focuses on the catching andi f f d d th

Operations commence with thecatching and processing oflangostino lobster (Tomé)

The Company successfully placed31.5% of its shares, raising a total ofUS$ 205 million, and becomes apublicly traded corporation.

Merger with Pesquera Bío Bío.

1965

1980 2011

2010processing of seafood and otherocean products

Aquaculture concessionsacquired

g q

Atlantic salmon harvesting re‐starts(after a halt of two years due to theISA outbreak)

First salmon producer to earn threet f th Gl b l A lt

1980

1987 2012

2011

Scallop farming begins inCaldera

Camanchaca enters into Salmonfarming business

stars for the Global AquacultureAlliance’s (GAA) Best AquaculturePractices (BAP) certification.

1987

19902012

The Global  Salmon Initiative lauched in 2013Fishing operations begin innorthern Chile

First recirculated well‐waterh h f l i hil

1993

2001

2013 withCamanchaca  as a member.

Camanchaca formed a partnership

2013

hatchery for salmon in ChileAbalone farming joins theproduct mix

Cultivos Marinos del Pacíficoi d2003

2001 (New World Currents) with three otherChileancompanies to import Salmon intoChina.

Best corporate reputation in the industryon the ranking by MERCO (BusinessMonitor of Corporate Reputation)

2014acquiredCamanchaca enters into theMussel farming business

2003 Monitor of Corporate Reputation)

OUR HISTORY

2015 BEST AQUACULTURE PRACTICES (BAP)2015 BEST AQUACULTURE PRACTICES (BAP)Camanchaca’s salmon have earned three‐star BAP certification for the subsidiary’sseawater farm sites, its processing plantseawater farm sites, its processing plantin Tomé and the supply of its salmon feed.

2016 Re‐opening of the fresh‐water facility atP t h l di i iPetrohue – salmon division.

Ranked Best Chilean company and FourthWorldwide at the Seafood IntelligenceWorldwide at the Seafood IntelligenceRanking for the Sustainability Reporting.

ASC Certification for the Porcelana Farm siteASC Certification for the Porcelana Farm site– salmon division

CAMANCHACA PROFILE

FACILITIES AND FLEET

IQUIQUEFleet of 15 fishing vessels, with a total loading capacity of 6,000 m3

Modern plant in port of Iquique, with a daily fish processing capacity of 2,500 tons

Plant certified for producing fish oil for human consumption –Omega 3Omega 3

Mainly species anchovy and jack mackerel as by catch

Fishmeal: With its high protein content, high level of digestibility, and the presence of essential amino acids, used as an ingredient in animal feed, primarily in aquaculture.- Fish oil for human consumption: It is used principally forFish oil for human consumption: It is used principally for nutritional and pharmacological purposes due to its high omega 3 content (EPA, DHA and DPA). This product is sold primarily in Europe and North America

Facilities and FleetFACILITIES AND FLEET

Fleet of 8 offshore purse seine fishing vessels with a totalFleet of 8 offshore purse-seine fishing vessels with a totalhold capacity 10,000 m3

3 boats for crustacean fishing with a loading capacity of 400

Cannery in Coronel, with a daily production capacity of25,000 boxes – Jack Mackerel. Tome

Coronel

m3.

In Talcahuano, Camanchaca has a plant that processesFrozen Jack Mackerel for human consumption – app4 000 5 000 t d i 2016 d t t

CoronelTalcahuano

4,000 – 5,000 tons during 2016, due to quota.Fishmeal and fish oil plant in Coronel and Talcahuano (2plants), with a daily processing capacity of 2,200 tons of raw

t i lmaterial.

Species caught are Sardine and Jack MackerelLangostino lobster processing plant in ToméLangostino lobster processing plant in Tomé

FACILITIES AND FLEET

Río del Este hatchery: broodstocks intheir last stage before spawningg p g

Hatchery in Petrohué, with an annualcapacity of 15 million smolts. The largest

Toméfacility of its kind in the worldCalbuco

PetrohueRío del Este

Sea FarmingConcessionsPrimary and secondary processing

plants in Calbuco and Toméplants in Calbuco and Tomé

FACILITIES AND FLEET

Caldera

Aquaculture concessions: 105 79 hectares inAquaculture concessions: 105.79 hectares in Bahía Inglesa and Bahía Ramada

C ld ill d T Q b d f i it ithCalderilla and Tres Quebradas farming sites, with an annual production capacity of 330 tons

Caldera processing plant, with a daily capacity of 1,500 kg of frozen product and 2,500 kg of cannedproduct

FACILITIES AND FLEET

Aquatic concessions: 860 hectares in 3 areas with itsAquatic concessions: 860 hectares in 3 areas with its own facilities with a total production of around 25,000 tons per year

RaucoRauco processing plant, with morethan 5 000 m2 and strategicallythan 5,000 m2 and strategicallylocated in relation to our farm sites

Jack Mackerel

CAMANCHACA PRODUCTS

Jack Mackerel

SUSTAINABILITY AND QUALITY COMMITMENT

Minimize processes impact on the environment

Salmon and trout: organic waste is sold for reuse

Solid and liquid waste: monitored,treated, and disinfected prior to finaldi l fdisposal

Recycling: 100% of the paper and cardboard, 80% of polyethylene

Abalone farming: treated seawater

Mussels: fishing nets

Salmon smolt production:recirculating hatchery

cardboard, 80% of polyethylene Mussels: fishing nets reused after cleaningand adjustment

g yinstead of the traditionalopen system

Monitoring of nocuous algae

SUSTAINABILITY AND QUALITY COMMITMENT

Deepen the Company’s and its employees’ relationships with thecommunities where we operate

Activities with educational institutions

Support of sporting activities

Support of social institutions

SUSTAINABILITY AND QUALITY COMMITMENT

Company Awards

A th 100 t t blAmong the 100 most reputableChilean companies and numberone in the fishing and aquaculturecategory (MERCO 2014)

Camanchaca and Pier 33 Gourmet: selected within the best 25 seafood brands in the world 5 sea ood b a ds t e o d(Seafood Executive)

SUSTAINABILITY AND QUALITY COMMITMENT

SALMON:Certifications• First producer in the world to receive 3

stars BAP certification, for its farmingsites, processing plant, and feeding

Allow products to be exported to theentire world while guaranteeing qualityand environment protection , p g p , g

provider (GAA 2012).

• Salmon ISO 9001, ISO 14001, OHSAS18001, ASC Certification at salmon farm

and environment protection

FISHING in Northern Chile: GMP, ISO9001, ISO 14001, IFFO RS, HACCP

ABALONES: HACCP

sites.900 , SO 00 , O S, CC

FISHING in South-Central: ISO 9001, ABALONES: HACCPIFFO RS, HACCP

MUSSELS processing plant: BRCAll these certifications enable our products to be exported around the world by guaranteeing quality, environmental protection, and worker

6.0 type A, HACCPq y, p ,health and safety.

CAMANCHACA DOMESTIC VS EXPORT FISHMEAL SALES - 2016

OTHERS

CHILE37%

TAIWAN9%

OTHERS13%

37%

SOUTH KOREA10%

9%

JAPON10%

CHINA21%

TO TA L S A L E S - M I L L U S $ 3 8 , 4 6 1TO TA L V O L U M E – 2 3 , 8 8 6 TO N SO O U 3 , 8 8 6 O SU P D AT E D B Y A U G U S T 2 0 1 6

DOMESTIC SALMON AND TROUT INDUSTRY HARVEST

USAGE OF FISHMEAL AND FISH OIL IN SALMON FEED

Salmon Feed Production, Fishmeal and Fish oil inclusion

40%45%50%

1,200 

1,400 

Th Tons

Salmon Feed Production, Fishmeal and Fish oil inclusion

24% 24%20%

17% 16% 14% 14% 13%15%20%25%30%35%40%

400 

600 

800 

1,000 

,

14% 14%10%

7%7% 7% 7% 7%

0%5%10%

‐

200 

2010 2011 2012 2013 2014 2015 2016 E 2017 E

Salmon Feed Production Fishmeal Fish oil

Years Salmon feed Domestic Domestic

Salmon Feed Production Fishmeal Fish oil

Years Salmon feed Domestic Domestictonnage FM usage Foil usage FM+Foil

año 2014 1.304.000 142.910 91.280 234.190año 2015 1.218.000 118.160 85.260 203.420año 2016 E 955.000 93.909 66.850 160.759año 2017 E 970.000 140.650 67.900 208.550

Feeding the World from the Ocean

JOANNA  BEN I T ES  GRANCE L L I

Guangzhou, China  2016