Sustainability
Strategy
Australis

2020 / 2030

Responsible Products Responsible Operations Good Goverment Good Environment Persons Good Neighbor Australis 2020-2030 Sustainability Strategy

You are cordially invited to learn about the six pillars of the Australis Sustainability Strategy

Pilar 1

Good
Governance

We seek strategic leadership within the company, guiding decision-making based on the principles of integrity, transparency, and regulatory compliance. Committed to responsible governance that seeks continuous improvement in business sustainability and the trust of our stakeholders.

During 2024, we updated our Crime Prevention Model to include a management framework for issues that pose a high compliance risk.

Compliance
Model

Our Crime Prevention Model, which constitutes a comprehensive management framework for those areas with the greatest exposure to regulatory risk.

The purpose of this Model is to strengthen our culture of compliance within the organization, promoting rigorous adherence to current legal regulations at all stages of our value chain and operations.

The Model not only enables responsible management of legal and ethical risks, but also represents a key tool for assuring our stakeholders that our actions are aligned with the highest standards of integrity, transparency, and corporate responsibility.

In this process, we seek to consolidate a solid ethical foundation from which we project the company's sustainable development.

Compliance
and Sanctions

As a salmon farming company, we operate under a demanding legal and regulatory framework, which drives us to integrate regulatory compliance as a fundamental pillar of our operational management.

This commitment translates into the development of tools, controls, and processes aimed at ensuring compliance with current regulations, making compliance a structural principle of our daily operations.

However, we recognize that situations may arise that result in specific violations or non-compliance. In such cases, we activate internal procedures for root cause analysis and the implementation of corrective measures, with the aim of preventing their recurrence and strengthening our control systems.

Below is the total number of fines paid between January and December 2024, as part of our commitment to transparency and continuous improvement.

In the last 5 years, we have reduced environmental sanctions to 0. At the same time, we continue to challenge ourselves year after year to continue reducing and eliminating Labor sanctions.

Complaints Channel

We have a confidential and accessible Complaints Channel, available to report any situation that constitutes or could constitute a violation of the principles, values, and procedures established in our Code of Ethics and Conduct, as well as applicable internal and external regulations.

This channel is available on our corporate intranet and website. During 2024, 26 complaints related to the Crime Prevention Model were received, of which 21 are closed, while 5 were dismissed after a preliminary analysis in accordance with established internal procedures.

Crimes considered in the Crime Prevention Model

Unfair Administration / Violation of the Code of Ethics and Conduct / Asset Laundering / Misappropriation and Distraction / Bribery of a National or Foreign Public Official / Water Pollution / Corruption Between Private Parties / Financing Terrorism / Non-observance of Isolation or Other Preventive Measure Provided by the Health Authority / Incompatible Negotiation

Pilar 2

Responsible
Operations

At Australis, we take responsibility for the impacts of our operations, seeking efficiency in feeding our salmon, as well as in the origin of the raw materials that go into them.

During 2024, we achieved our best-ever performance in fish oil use:

1,08%

FFDRo

Conversion
factor

The conversion factor (FCR) is a production indicator that represents the amount of total feed required to produce 1 kg. of salmon. When we speak of the biological FCR (b), we consider the mortality of the period, while the economic FCR (e) does not include the dead biomass.

Annually, we seek to reduce our FCR values, since in this way we demonstrate a better performance in the growth of our fish, with greater retention of nutrients and energy.

Pelagic Fishing
Dependency

A major challenge in terms of sustainability is reducing dependence on marine-based raw materials, specifically fishmeal and fish oil, since these come from pelagic fishing, which has a negative impact on natural resources.

To measure our dependency on Fishmeal and Fish Oil, we use the Forage Fish Dependency Ratio (FFDR), a rate that considers the number of pelagic fish required to produce the amount of fishmeal (FFDRm) or fish oil (FFDRo) needed. to produce 1 kg of salmon.

REMOTE FEEDING
ROOM

In January 2024, we officially opened the Remote Feeding Room, consolidating our production strategy and maintaining our top-tier results, surpassing industry standards.

100% remote feeding has been a source of pride for Australis, making us the first national company to operate all of its farming centers remotely from our headquarters in Puerto Varas.

At Australis, we are committed to innovation and continuous improvement, working daily to maintain our industry leadership and guaranteeing the highest standards of efficiency and quality over time.

Following the implementation of the remote feeding room, we have managed to maintain our high quality standards and key production indicators.

Pilar 3

Responsible
Product

We demonstrate our commitment to the highest quality and food safety standards by operating efficiently and responsibly, concerned about our relationship with the environment and surroundings, in addition to continuous improvement in our practices, investment, human capital, and traceability of the product and its inputs throughout the value chain.

During 2024,

29

of our harvest was reared free of antibiotics throughout the entire value chain.

Reared Without
Antibiotics

We strengthened our commitment to reducing antibiotic use by implementing strict health management and animal welfare standards, prioritizing preventative strategies to ensure the health of our fish, such as population density, egg origin, and the use of non-medicinal treatments, to name a few. Thanks to this approach, in 2024 we were able to certify 14,050 tons of WFE under the Reared Without Antibiotics (RWA) standard, a standard that guarantees that the salmon has not been given antibiotics at any stage of its development, complying with strict biosecurity and animal health protocols. This not only reflects our commitment to more sustainable aquaculture and continuous improvement, but also allows us to offer consumers a more natural product.

We have increased the use of non-medicinal treatments for our salmon, seeking alternatives for treating diseases in our salmon.

Use of Antibiotics

The use of antibiotics in the Chilean aquaculture industry is a necessary practice for the control of bacterial pathogens, a measure used only reactively under strict sanitary control, to detect possible diseases in advance and thus reduce losses due to mortality of our farmed salmon.

At Australis, we are committed to reducing the use of antibiotics, challenging ourselves to find non-medicinal alternatives for treating diseases.

In the last 5 years, we have reduced the use of antibiotics to control the health status of our fish. In addition, we are one of the companies associated to GSI, with the least use of drugs.

Fish Mortality

ur production strategy is based on the prevention of diseases in farmed fish, promoting their health and welfare. Although it is difficult to definitively avoid diseases, we try to prevent their emergence, stopping their development and thus avoiding mortalities.

Pilar 4

People

We know that our most important capital is people, so we are committed to providing the possible conditions and facilities for a good performance of their work, accompanying their professional and personal growth. In addition, we guarantee healthy work environments through the development of strategies that allow us to consolidate a culture of safety and health at work.

As of 2024,

31

of our employees are women.

Career
Development

At Australis, we are convinced that ongoing training is an essential pillar for the personal and professional development of our employees, and a strategic tool for strengthening efficiency, innovation, and continuous improvement in all our operations.

We have a comprehensive training program designed to provide knowledge and skills in multiple areas, ranging from specialized technical competencies and the adoption of new technologies to regulatory standards, sustainability, leadership, and workplace safety.

This approach allows us to develop highly qualified and prepared teams to face the current and future challenges of the industry, promoting a culture of lifelong learning and adaptation to change.

WE ARE AUSTRALIS

At Australis we have the commitment of more than 1600 people who, from the Biobío region to the Magallanes region, make up a multicultural work group, diverse in age and nationality, sharing the company's fundamental principles and values. Towards them, we promote fair treatment and safe and healthy working conditions for all.

Main Indicators of Health and
Safety of Workers (OHS)

Health and Safety is one of our priorities, as it is essential to provide suitable and safe working conditions for everyone to perform their duties. The accident rate is one of the key indicators, calculated as the number of injuries, including fatalities, that result in the inability to work. On the other hand, we talk about absence rate as any absence related to the personal health of a worker, which is calculated based on the total number of days of absence / total number of working days.

Australis Seafoods has not presented death of collaborators hired by the company, as a consequence of work accidents in our operations.

Pilar 5

Good
Environment

We want to ensure a sustainable integration of our activity, the biodiversity of the oceans and the natural environment of our operation, through responsible waste management, prevention of fish escapes, responsible interaction with marine fauna and monitoring and reduction of greenhouse gas emissions. Greenhouse gases (GEI) in our operations.

We compensate

100

of the electricity consumed with the use of renewable
energy through I-REC certificates.

ENERGY EFFICIENCY
MANAGEMENT SYSTEM

In compliance with Law 21,305 and within the framework of our Sustainability Strategy, we have successfully certified our Energy Management System based on the ISO 50001 standard, reinforcing our commitment to continuous improvement in reducing our environmental impacts and the responsible and efficient use of resources.

At Australis, we have a structured and effective model for proper management of energy use, establishing clear policies, savings targets, and concrete actions to optimize energy resources, thanks to the cross-company commitment.

Our goal is to improve energy performance by reducing energy intensity by 4% by 2026.

Fish Escapes

We build strategies that allow us to control the externalities of the climate and predation, which despite being unpredictable, can generate unwanted situations, such as fish escapes, a critical indicator for aquaculture. In 2024, we were faced with an incident that caused the escape of 10,692 fish due to an error that originated at our Traiguén farming center.

In line with our regulatory compliance monitoring program, the Nets and Diving Deputy Management Department has developed action plans, which include the creation of a standardized procedure for net-changing operations and increased training for our employees.

Lethal interactions
with marine fauna

We are committed to harmonious coexistence with our environment and biodiversity, seeking to reduce negative interactions with marine fauna. In this sense, all of our farms have sea lion nets, monthly interaction report systems and bird and marine mammal sighting records. However, despite our efforts, wild animals may die as a result of their interaction with farm structures.

In October 2024, the lifeless body of a humpback whale - Megaptera novaeangliae - was detected floating in one of the center's cages in the Magallanes Region. Our Contingency Plan, approved by the authorities, was immediately activated, providing guidelines for the actions to be taken in the event of these ocurrences. We notified the National Fisheries and Aquaculture Service in a timely manner and then proceeded with underwater inspections using ROV equipment and specialized divers, which confirmed the structural integrity of the center and the absence of entanglement.

At Australis, we reaffirm our commitment to protecting marine biodiversity, strengthening our monitoring and response systems for these types of events and collaborating with academia to study cetacean movements in Patagonia.

AUSTRALIS CARBON FOOTPRINT

The carbon footprint as a tool for estimating GHG emissions is normally used in various types of organizations globally, since it allows demonstrating environmental commitment by reducing and compensating emissions, applying energy efficiency measures and reducing fossil fuel consumption , among others.

For our production processes, we use energy in the form of fuels and electricity, which implies the emission of Greenhouse Gases (GHG), which are expressed in tons of carbon dioxide equivalent (CO2eq).

In this measurement, we consider all links in the production chain: from production in freshwater centers to transportation logistics to the end customer.

Waste management

Inspired by responsible waste management, we promote the recycling and revaluation of the waste generated by our operations, reducing its final disposal in landfills, thus mitigating the impacts on the environment.

When we harvest a salmon, 70% is used for human consumption, while the surplus 30%, which corresponds to viscera and head, is revalued, generating a new raw material to start a cycle through productive processing in reduction plants, which generate salmon meal and oil, delivering ingredients of high nutritional value to other industries.

We know we still face significant challenges, but we are convinced that moving toward a more circular economy and better waste management is critical to the future of our industry.

Therefore, we continue to strengthen initiatives aimed at reducing, reusing, and recycling, promoting a culture of continuous improvement and reinforcing the commitment of all of us at Australis.

During 2024 we increased our Revaluation rate to 87%.

Pilar 6

Good
Neighbor

A fundamental pillar of our Sustainability Strategy is the community, where through responsible and integrated management of our social impacts, we seek to be a good neighbor, generating bonds of trust, developing collaboration plans and mutual conflict resolution, since at Australis it is essential that our communities grant us the so-called "social license" in our operations, since together we are #AustralisCommunity

As of December 2024,

75

of our employees work
in the same region
where they reside.

Activities carried
out during 2024

During 2024, we are focusing on developing new projects that deliver value to people, developing skills and knowledge through various trade courses. At the same time, we continue the activities we have carried out over the years, which allow us to bring our processes closer to the communities, such as visits to our facilities and environmental education activities, seeking to reinforce our commitment to sustainable development and transparency.

All of the above is thanks to the years of collaborative work we, as a company, have had with our communities, where the focus has been on listening to the diverse needs and interests of each community, in order to strengthen the ties and local development.

PROMOTE
WOMEN

In an effort to boost local development, particularly that of women, the Impulsa Mujer project was born. Through it, 37 women from the Bío Bío region to the Magallanes region received training in therapeutic massages that contribute to their physical and emotional well-being. This project represents a commitment to the empowerment and economic autonomy of women in our communities. They will acquire knowledge and practical tools that will allow them to develop their own wellness ventures. In turn, we will generate support networks among women, fostering financial independence and new job opportunities.

Inauguration of the
Walker Montiel Fishermen's Union Artisanal Pier

After several years of collaborative work with the Walter Montiel Fishermen's Union, the first fishermen's union pier was inaugurated in Chacabuco in 2024. This is the result of our hard work and commitment to the communities, where we actively participated in managing the maritime concession and constructing the pier.

With eighty meters in length, four berths and a base of seven tons of concrete, this pier will allow union members to boost their economic development through fishing and tourism activities.

“For us, as a company, it is very gratifying to see how communities are achieving their goals. This alliance with the Walter Montiel union is part of our Sustainability Strategy, specifically the "Good Neighbor" pillar, which seeks to create value for our community and contribute to local development."
Ángela Ríos, Head of Corporate Social Responsibility.

Responsible Products Responsible Operations Good Goverment Good Environment Persons Good Neighbor Australis 2020-2030 Sustainability Strategy