Mar - 2012 AquaChile International Boston Seafood Show

EMPRESAS AQUACHILE

BOSTON March 2012

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Company Overview

AquaChile

Rain Forest

Servicing you from Miami

Corporate Social Responsibility

Empresas Aquachile at a glance.

AquaChile is a Chilean company that produces and commercializes Atlantic Salmon, Pacific Salmon, Sea Trout and Tilapia.

It has operations in Chile, Costa Rica, Panama and a commercial office in the United States.

149 Sea licenses in Chile to produce Salmon and Trout, which provide a solid basis for its growth.

It owns inland farms in Costa Rica and the only three farming licenses granted in the Bayano Lake in Panama to produce Tilapia.

It is vertically integrated both in the Salmon and Tilapia businesses.

400 customers

in

50 countries.

Empresas Aquachile at a glance.

IPO goals: 2011 physical sales: Financing the company´s growth plan: Investment of U$ 470 millions over the next five years

65,089

17,240

WFE tons.

US$ 501.1 Sales as of December 2011.

Public Company since MAY 19th, 2011

WFE tons.

Production goals 2016: Salmon and Trout: 174,000 WFE Tons Tilapia: 41,000 WFE Tons

Participate in the industry consolidation.

Secure financial flexibility.

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Company Overview

AquaChile

Rain Forest

Servicing you from Miami

Corporate Social Responsibility

What happened

in the past 4 years We focused in Trout, Pacific Salmon and Tilapia farming (species not affected by the ISA Virus).

We actively participated in the new industry framework design.

We upgraded and improved our farming practices.

We did our IPO raising US$ 373 millions and we restructured our financial debt.

We developed innovative projects for our Salmon and Tilapia Businesses.

What happened

in the past 4 years We focused in Trout, Pacific Salmon and Tilapia farming (species not affected by the ISA Virus).

We actively participated in the new industry framework design.

We upgraded and improved our farming practices.

We did our IPO raising US$ 373 millions and we restructured our financial debt.

We developed innovative projects for our Salmon and Tilapia Businesses.

-Disease free recirculation hatchery: Chaicas.

What happened

in the past 4 years We focused in Trout, Pacific Salmon and Tilapia farming (species not affected by the ISA Virus).

We actively participated in the new industry framework design.

We upgraded and improved our farming practices.

We did our IPO raising US$ 373 millions and we restructured our financial debt.

We developed innovative projects for our Salmon and Tilapia Businesses.

-Disease free recirculation hatchery: Chaicas.

-State of the art research facility: Lenca.

What happened

in the past 4 years We focused in Trout, Pacific Salmon and Tilapia farming (species not affected by the ISA Virus).

We actively participated in the new industry framework design.

We upgraded and improved our farming practices.

We did our IPO raising US$ 373 millions and we restructured our financial debt.

Alejandro

We developed innovative projects for our Salmon and Tilapia Businesses.

-Disease free recirculation hatchery: Chaicas.

-State of the art research facility: Lenca.

-Harmoniously raised fish: Verlasso.

Cristian

Verlasso salmon

What happened

in the past 4 years

Fish feed plant in Costa Rica.

We focused in Trout, Pacific Salmon and Tilapia farming (species not affected by the ISA Virus).

We actively participated in the new industry framework design.

We upgraded and improved our farming practices.

Pet food flavoring in Costa Rica.

We did our IPO raising US$ 373 millions and we restructured our financial debt.

We developed innovative projects for our Salmon and Tilapia Businesses.

-Disease free recirculation hatchery: Chaicas.

-State of the art research facility: Lenca.

-Harmoniously raised fish: Verlasso.

-Other investment and growth projects in the Tilapia business.

Tilapia farm in Bayano Lake, Panamรก.

Structural change in the industry:

Controlling risk New regulation, more oversight and continuous improvement: Concrete results Regulatory framework Fresh Water

Supervision and self-regulation

-Smolts in lakes & estuaries -Broodstock -Biocontainment & bioexclusion -Eggs

Sernapesca workforce increase in X,XI and XII Regions.

Results Mortality Index (%)

128

Sea Water

Farming Licences

Plants

-All in/all out -Fallowing -Density -Biocontainment & bioexclusion -Macrozones

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2009

-Minimum Distance -New concessions -Time -Transfer -Loss

2010

Harvest Weight Evolution (Kg WFE)

-Biocontainment & bioexclusion from harvesting until packing

Large Size Companies ďƒ Optimal Operational Scale

Vertical Integration throughout the value chain.

AquaChile is vertically integrated in the Salmon business.

The Company adds value to all its productive chain, from genetics up to commercialization.

FRESH WATER Eggs & Smolts GENETICS

SEA WATER Farming PROCESSING

FEED

COMMERCIALIZATION

Genetics: 15 years of achievements and proven genetic development.

Aquainnovo: created to be a world class center for genetic improvement in aquaculture.

Work Focus: Improve resistance to disease.

Improve species’ reproductive capacity.

Shorten production cycle.

83% Aquachile

15% Universidad de Chile

2% Others

Fresh water: Flexibility and excess installed capacity.

AquaChile produces smolts not only to supply its own needs but also to eventually sell them to third parties.

Fresh water: Flexibility and excess installed capacity.

23*

hatcheries from the IXth Region to the XIth Region, including 1 hatchery near Santiago.

13**

fresh Water farming licenses in the Xth and XIth Regions for Sea Trout and Coho smoltification.

7

brackish water licenses in the XIth Region for Coho smoltification.

* Four of them are rented under long term contract ** Two of them are rented under long term contract

Sea water: Unique, diversified and large sea license portfolio.

One of the largest farming licenses base and the largest presence within sanitary areas in the Chilean industry.

149 farming licenses distributed in 29 Sanitary Areas -Geographic distribution -Organic growth capacity -Operational and productive continuity -Continuous supply to clients -Species diversification

-Natural, climate and sanitary risks diversification

Sea water: Unique, diversified and large sea license portfolio Los Lagos Region

INDUSTRY Total of 24 sanitary areas

Geographical diversification in farming license for Salmon and Trout production.

AQUACHILE 56 sea licenses in 12 sanitary areas

50% of sanitary areas of the Los Lagos Region

Aysen Region INDUSTRY Total of 34 sanitary areas AQUACHILE 93 sea licenses and 17 sanitary areas

50% of sanitary areas of the Aysen Region

Sea licenses

Sanitary areas

Fish feed plant: State of the art assets to feed our fish.

Joint venture with Biomar in Chile, one of the world’s leading suppliers of high performance fish feed.

126,000 tons of installed capacity.

Modular design allows the company to double its output capacity.

Processing: Installed capacity to absorb growth.

5 plants in Chile with a total process capacity of 170,000 WFE tons, including one of the largest plants in the World

Current processing capacity In thousands of WFE tons

Plant Type

Value Added

Whole Salmon

Whole Salmon

Value Added

Value Added

PAC-HACCP Certification

Yes

Yes

Yes

Yes

Yes

Puerto Montt

Quell贸n

Dalcahue

Chonchi

Calbuco

Location

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Company Overview

AquaChile

Rain Forest

Servicing you from Miami

Corporate Social Responsibility

Vertical Integration throughout the value chain.

Rainforest is vertically integrated in the Tilapia business.

The Company adds value to all its productive chain, from genetics up to commercialization.

FRY PRODUCTION

FARMING PROCESSING

GENETICS * The feed plant will be finished in may 2012

FEED* FEED

COMMERCIALIZATION

Genetics: Acquired know how in Salmon applied to Tilapia.

The company has an improved genetic program since 2006, which has been managed by Aquainnovo.

Tilapia Costa Rica & Panamรก: Large water volume and favorable climate.

Costa Rica

Geographical diversification in Tilapia Production Guanacaste

-Strategic access to large volumes of high-quality water -Optimal location for logistics -21,000 tons WFE capacity

Panama -The Company has the only three tilapia farming licenses granted in Bayano Lake -Potential to produce over 20,000 ton WFE

Bayano Lake

Installed capacity to absorb growth.

1 plant in Guanacaste, Costa Rica with a total capacity of 21,000 WFE tons and 1 Plant in Panama with capacity of 3,000 WFE tons Current production capacity In thousands of WFE tons

Plant Type PAC-HACCP Certification Location

Value Added

Yes Guanacaste

Value Added

Yes Panama

New development in Costa Rica.

Association with Biomar.

Association with SPF.

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Company Overview

AquaChile

Rain Forest

Servicing you from Miami

Corporate Social Responsibility

Aquachileinc:

Servicing you from Miami Experienced customer service Reliability and commitment We deliver!

The only Salmon & Tilapia company with operations inside Miami International Airport Improved cold chain Less handling involved

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Company Overview

AquaChile

Rain Forest

Servicing you from Miami

Corporate Social Responsibility

We are committed to our employees, our clients and the environment.

-More than 4.800 employees in Chile, Costa Rica, Panama & United States -Benefits above legal requirements OUR LABOR AND ENVIROMENTAL STANDARDS

-On the job training -Costa Rica: ISO 14001:2004, OHSAS 18001:2007 and BAP for Global Aquaculture Alliance, the most demanding at present -Chile: Global GAP certification in progress -Social Responsibility Report available (www.aquachile.com/sustainability)

We are committed to our employees, our clients and the environment.

-To produce quality, healthy and safe food

OUR CORPORATE SOCIAL RESPONSIBILITY PRINCIPLES

-To act in a proactive and respectful way towards the environment -To develop in a safe and healthy work environment -To benefit the communities and suppliers in the places where the company operates

We are committed to our employees, our clients and the environment.

EMPRESAS AQUACHILE

BOSTON March 2012