SHARING SUCCESS AND CONCERNS
Business Mindedness: We are always thinking of generating cash and opportunities for profit. All other goals come to naught if we fall.
Integrity: We adhere to a code of ethical values such as fairness, loyalty and respect so that we maintain our pride and eam trust.
Preparedness: We anticipate change and capitalize on growth opportunities through hard work and creative thinking.
Prudence: We are disciplined and reasoned. We depend on skill and good judgment in use of resources, and we manage risk proactively.
Sharing Success and Concerns: In order to create a positive working environment where success is shared and problems are solved, we encourage networking, personal development, teamwork and open communication.

CORPORATE RESPONSIBILITY
Cermaq's mission statement is Sustainable Aquaculture.
The Shareholders are the most important among our stateholders. We are committed to creating value for our shareholders through sustainable aquaculture.
To achieve this objective, we will remain focused on our customers and suppliers and maintaining the quality of our product. We also recognize that the key to achieving improved revenues through sustainable aquaculture is to demonstrate our respect for each other, the consumer, and communities and environment in which we operate.

> Sustainability