EMPRESAS AQUACHILE

Brussels

April 2012

AquaChile The largest producer in Chile

of Salmon and Sea Trout

44

37

30

23

20

20

19

19

19

17

2011 Main Chilean Salmon and Sea Trout Exporters (Th. Net Tons)

12%

10%

8%

6%

5%

5%

5%

5%

5%

5%

State of the Art Sea Licenses and Productive Assets Vertical integration throughout the value chain

15 years of successful and proven genetic

development

Flexibility and excess installed capacity

41.6 million smolt Atlantic Salmon*

17.8 million smolt

Pacific Salmon

26.5 million smolt Sea Trout

Unique, diversified and large license

portfolio

149 sea licenses

29 sanitary areas

Installed capacity to absorb growth

5 process plant in Chile

170,000 ton WFE Capacity

Global presence and reputation

More than 400 clients

in 50 countries

Genetics 1

Fresh Water 2

Sea Water 3

Process 4

Commercialization 5

Fish Feed 126,000 tons

of installed capacity

Potential capacity 220,000 tons. WFE

* It Includes Chaicas project for 12.6 million smolt

and Rio Grande project for 12.6 million smolt

Strong Financial Position

Public since

May 19th, 2011 Raised capital

USD 373 Millions Free Float**

33.92%

Market Cap Chilean Salmon Companies* (MUSD)

*As of April 19, 2012 ** As of December 31, 2011

928

396 379 310

95

501 484

553

440 388

501

2006 2007 2008 2009 2010 2011

Sales and Net Financial Debt Trend (MUSD)

2011 Turnover

USD 501 Million Debt Prepay

USD 233 Million

174

300

389 397 394

83

Total Sales

Net Financial Debt

Strong Organic Growth Plan Diversification for success

58 48

61

29

1 14 22

55

77 95 102

21 27

26

21

30

25

37

39

39

39 39

19 16

20

24

23

25

27

29

32

32 32

8 15

17

18

19

17

24

27

31

36 41

106 106

123

92

72 82

110

151

179

202

215

2006 2007 2008 2009 2010 2011 2012e 2013e 2014e 2015e 2016e

ATLANTIC SALMON SEA TROUT PACIFIC SALMON TILAPIA

Pyhisical Sales (Th. WFE Tons)

58

48

61

29

1

14 22

55

77

95 102

2006 2007 2008 2009 2010 2011 2012e 2013e 2014e 2015e 2016e

ATLANTIC SALMON

Pyhisical Sales (Th. WFE Tons)

21 27 26

21

30 25

37 39 39 39 39

2006 2007 2008 2009 2010 2011 2012e 2013e 2014e 2015e 2016e

SEA TROUT

Pyhisical Sales (Th. WFE Tons)

19 16 20

24 23 25 27 29 32 32 32

2006 2007 2008 2009 2010 2011 2012e 2013e 2014e 2015e 2016e

PACIFIC SALMON

Pyhisical Sales (Th. WFE Tons)

8 15 17 18 19 17

24 27

31 36

41

2006 2007 2008 2009 2010 2011 2012e 2013e 2014e 2015e 2016e

TILAPIA

Pyhisical Sales (Th. WFE Tons)

58 48

61

29

1 14 22

55

77 95 102

21 27

26

21

30

25

37

39

39

39 39

19 16

20

24

23

25

27

29

32

32 32

8 15

17

18

19

17

24

27

31

36 41

106 106

123

92

72 82

110

151

179

202

215

2006 2007 2008 2009 2010 2011 2012e 2013e 2014e 2015e 2016e

ATLANTIC SALMON SEA TROUT PACIFIC SALMON TILAPIA

Pyhisical Sales (Th. WFE Tons)

Global presence and reputation More than 400 clients in 50 countries

2011 2012E 2013E 2014E 2015E 2016E

11

17

0,7

5

12

33

4

Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)

Salmon and Sea Trout Tilapia

17.2 65.1

2011 2012E 2013E 2014E 2015E 2016E

Salmon and Sea Trout Tilapia

17

23 0,5

1,5

7

8

45

6

Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)

23.5 85.1

2011 2012E 2013E 2014E 2015E 2016E

37

26 1,4

5

10

15

47

11

Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)

Salmon and Sea Trout Tilapia

27 123.7

2011 2012E 2013E 2014E 2015E 2016E

49

29 2

6

11

18

50

15

Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)

Salmon and Sea Trout Tilapia

31 147.9

2011 2012E 2013E 2014E 2015E 2016E

59

33 3

7

11

20

50

19

Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)

Salmon and Sea Trout Tilapia

36 166.2

2011 2012E 2013E 2014E 2015E 2016E

63

37 4

8

12

21

50

20

Destination of AquaChile’s Salmon, Sea Trout and Tilapia sales (Th. WFE Tons)

Salmon and Sea Trout Tilapia

41 173.5

Sustainability and Stakeholders

Certification CSR Innovation New Legal Framework

Sea licenses XIth Region

Sea licenses Xth Region

New Legal Framework CSR Innovation Certification

2012

2012 2013

Operative Operative 2012

Production

Process

HACCP

New Legal Framework Certification Innovation CSR

2006 2007 2008-2009 2010

New Legal Framework Certification CSR Innovation

2012

2012

2013

Operative

Operative

2012

New Legal Framework Certification CSR Innovation

HACCP