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10 October 2023

Benchmark Holdings plc

("Benchmark", the Group,  or the "Company")

Grant of two new salmon broodstock licenses in Norway

Strengthens genetics capabilities and improves security of supply of our customers

Benchmark Holdings, the aquaculture biotechnology company, is pleased to announce that it has been granted two new salmon broodstock licenses by the Directory of Fisheries in Norway. The two licenses which total 780 tons, include a 320 tons license for sea production and a second license for on land production of up to 460 tons, more than doubling the volume of our current licenses.

This represents an important milestone for Benchmark enhancing our capabilities and the security of supply for our customers. The additional broodstock capacity enlarges the selection pool in our genetics programme, reduces operational risk by having broodstock volume at different sites and supports future potential expansion of our production of ova in Salten.

Trond Williksen commented:

"Benchmark's genetics operations are core to our ability to supply highly bio-secure salmon eggs to salmon producers year round. The grant of the new licenses is a reflection of Benchmark's leading position in the industry, track record and quality of our operations.

The two new licenses enable us to further increase security of supply of bio-secure, high quality eggs with high performing genetic traits for our customers supporting our mission to drive sustainability in aquaculture."

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About Benchmark 

Benchmark is a market leading aquaculture biotechnology company. Benchmark's mission is to drive sustainability in aquaculture by delivering products and solutions in genetics, advanced nutrition and health which improve yield, growth and animal health and welfare.

Through a global footprint in 26 countries and a broad portfolio of products and solutions, Benchmark serves major aquaculture species - salmon, shrimp, sea bass and bream and tilapia-  in main aquaculture regions around the world. Find out more at www.benchmarkplc.com