Albert MathieuChief Commercial Officer

Growingin Fish &Vegetables

Sustainability isa Fundamental

Pillar ofour Business

We Have an Advantaged Portfolio

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Fully alignedwith the UN'sMillennium

DevelopmentGoals

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90*%

of Our PortfolioQualifies as Healthier

Meal Choice

*90% of 2019 branded product revenues choices, excluding Spain (owing to data reliability)

Our Products are Nutritious and Accessible

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-60*%

CO2e

inclefficiencies

...which will reducecarbon emissions

from food

A future diet alignedwith maximum 1.5 degreeglobal warming means...

Plant ProteinConsume more

VegetablesDouble consumption

by 2050

FishConsume 2 times

a week

*Moving to a mainly plant based diet, has potential to reduce greenhouse gas emissions up to 60%, assuming efficiencies across the value chain

Eating for the Planet

8-12*%

CO2e

vs chilledfish fillets

*Screening life cycle analysis on frozen fish fingers and frozen peas, July 2020**Life cycle analysis of pea protein products, March 2020

CO2e

vs cannedpeas

60-65*%

CO2e

vs hamburger80-90**

%

Initial Life Cycle Assessments Show Frozen as Having a Lower Carbon Footprint

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Strong Brand Icons Category Leadership Aligned with Macro Trends

Creating a Healthier Future with Fish

New Design Product& PackagingRenovation

Sustainability Ecolabelling

New Captain onpack and design to

modernise and promote freshness

Recyclablepaper tray

On pack activation linking to our

sustainability strategy

Product superiority and leading the way with

ecolabelling

Building Relevance and Superiority with Consumers

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MEET THE FISHERMEN

READ MORE

Healthy Exciting Ways to Enjoy

Fish

Unlocking Aquaculture and

New Species

QR Code and Augmented Reality to Engage Consumers

in Traceability

Innovation to Engage and Grow the Category

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Market Sharein Local HeroVegetables

has beengrowing uniquevarieties of peas

since 1946

Over 50%

Our Core Vegetable Portfolio is Superior and is Uniquely Suited to Local Needs

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High Quality to Command Price Premiums

Italian IGP and DOP The Optimal Leaf-StemRatio in Our Spinach

Picked to Frozenin 2.5 Hours

Our Core Vegetable Portfolio is Superior and is Uniquely Suited to Local Needs

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Birds Eye Pea Harvest Verified as First SAI Platform Farm Sustainability Assessment (FSA) Gold Level

We have been planting flowering strips along our German fields for biodiversity protection

>15years

Sustainability is in our DNA

Our Core Vegetable Portfolio is Superior and is Uniquely Suited to Local Needs

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Sustainable Core Renovation

Modern Wok Curries

Prepared Vegetables with Modern Ingredients

Vegetable Mixes with Pulses, Cauliflower Rice, Quinoa

Crispy Vegetable Curry Bases Sustainable Peas & Minestrone

Recyclable Packaging

Our Vegetables Innovations Modernize the Category and Will Drive Consumption

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Double the Veg Intake by 2050

ChangeBehavior Changing

Innovation, Packaging& Communication

InnovationNew FreezingTechniques

R&DNew Vegetable

BreedingTechniques

AgriculturalCarbon Capturing

Initiatives

300g150g

TargetCurrent

Driving Behavior Change and Unlocking New Technology to Drive Vegetable Consumption

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loT digitisation

Connectivityof devices

Increase the frequencythat the freezerdoor is opened

Decontaminationprocess, freezing and packaging solutions

“Fresher” FrozenMeals

New source &processes of proteins

Stay ahead of competition

Future Proteins

E-commerce, and recycling / upcycling

Next GenerationPackaging

We are Extending Our Pipeline with Breakthrough

Growth Platforms

Select Sustainability Partnerships

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