Icelandic Anualreport 2011

Page 8

Annual Report 2011

Milestones 2011 2011 2011 2011 2010 2009 2008 2007 2007 2007 2006 2006 2005

Restructuring completed; Icelandic Group wholly owned by Enterprise Investment Fund Sale of Icelandic US and related manufacturing operations Icelandic Hong Kong established Sale of Pickenpack H&H and Gelmer incl. the France sales office Enterprise Investment Fund acquires 81% of Icelandic Group from NBI Sale of Jeka Fish in Denmark NBI acquires 100% and becomes owner of IG Sale of VGI in Iceland Acquisition of Beihai Beilian Foods Industrial in China Acquisition of Sirius in Iceland Acquisition of Delpierre's Gelmer in France Acquisition of Jeka Fish in Denmark Acquisition of Pickenpack H&H Seafood in Germany

2005 2005 2005 2005 2004 2004 2004 2004 2003 2003 2003 2002 1998 1998 1997

Acquisition of Fiskval in Iceland Acquisition of Dalian Three Star in China Merger of Blue Ice Group and Icelandic Group Acquisition of Ecomsa in southern Spain Acquisition of the seafood division of Cavaghan & Gray in Grimsby and Aberdeen, UK Acquisition of Comigro Geneco in Paris, France Acquisition of Seachill in Grimsby, UK Icelandic China established Acquisition of Neptune Fisheries in the US Acquisition of Barogel in Marseilles, France Acquisition of Ocean to Ocean (OTO) in the US Acquisition of chilled processing plant in Redditch, UK Company shares registered on the Iceland Stock Exchange Icelandic UK established in Lincoln, UK Sales company established in Norway

Overview of Group Structure Production

Finance

Group Accounts, Treasury, Financing, Budgeting, Risk Management

Business Development Organisation Development New Business Development

Operations

OpCo Liaison, Best Practices, Branding, Business Processes Procurement, Marketing

8

Coldwater Processing, sales and marketing

Seachill

Processing, sales and marketing

Fiskval

Processing, sales and marketing

Ecomsa

Processing, sales and marketing

Icelandic UK Sales and marketing


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