SalMar ASA (SALRY) Q2 2026 Earnings Call Prepared Remarks Transcript

Good morning, everyone, and welcome to the presentation of SalMar's results for the second quarter of 2026. My name is Frode Arntsen. I'm the CEO of SalMar. And with me today, I have our CFO, Ulrik Steinvik. I hope you all had a pleasant summer vacation this summer. For those of us living along the coast from Møre and northwards in Norway, I cannot quite say the same. Summer never really arrived, and we have experienced long periods of truly poor weather. However, although we have not seen much sunshine, the weather has been fantastic for our salmon. A cool and rainy summer has created excellent growth conditions for our salmon and is one of the factors contributing to the record strong biological performance that continued through the second quarter and into the third quarter.

Once again, SalMar delivers good biological and operational performance. This does not happen by itself. It is the result of continuous improvements and action we take throughout the value chain to ensure that our salmon thrive as much as possible. And it is all our employees who make this possible. Working at SalMar is not just an ordinary office job. I know that many people dedicate themselves around the clock, driven by genuine passion and a deep commitment to our salmon, our people, our facilities and the communities of which we are a part. Thank you all for the work you do and for your dedication day and night, enabling Ulrik and myself to stand here today and present these results. Today's presentation will follow our familiar agenda. I will take you through the