NZK – NZ King Salmon Investments Limited FY23 Results

29 March 2023 NZX/ASX Code: NZK NZK - New Zealand King Salmon Investments Limited FY23 Results NZK - New Zealand King Salmon Investments Limited has published its financial result for the year ended 31 January 2023. Please find the following materials attached: 1. NZK FY23 Results Announcement 2. NZK NZX Results Template 3. NZK FY23 Annual Report 4. NZK FY23 Investor Presentation New Zealand King Salmon Investments Ltd (NZX & ASX: NZK) reports its financial performance for the 12 months period ended 31 January 2023 (FY23). Key points include: o FY23 net profit for the year of $1.9 million, compared to a net loss of $73.2 million in FY22. o FY23 pro-forma EBITDA was a loss of $4.4 million, compared to an EBITDA profit of $6.7 million in FY22 (FY22 included $13.5 million of gains from the early close of FX contracts). o Sales volumes decreased from 7,672MT in FY22 to 5,837MT in FY23 (a decrease of 24%). o Revenues decreased from $174.5 million in FY22 to $167.1 million in FY23 (a decrease of 4%). o The mortality cost increased from $20.8 million in FY22 to $25.9m in FY23. Conference call details NZK will hold a conference call on the results at 10am NZT on 29 March 2023. Participants are encouraged to pre-register for the call to avoid delays dialling in on the day. PARTICIPANT DETAILS Participants can register for the conference by navigating to https://s1.c-conf.com/diamondpass/10028041-yd56jp.html After registering, participants will receive their dial in number, the passcode, and a unique access PIN. This information will also be emailed as a calendar invitation. Authorised by: Board of Directors of New Zealand King Salmon Investments Limited For investor or analyst queries, please contact: Graeme Tregidga, Acting CEO, New Zealand King Salmon Investments Ltd, graeme.tregidga@kingsalmon.co.nz Ben Rodgers, CFO and Company Secretary, New Zealand King Salmon Investments Ltd, ben.rodgers@kingsalmon.co.nz End CA:00409109 For:NZK Type:FLLYR Time:2023-03-29 08:30:38