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 to carry out all business activities with integrity and in accordance with the highest ethical and governance standards, promoting transparency with all our stakeholders and regulatory compliance, demonstrating coherence between speech and action.

Since 2018 we have
reduced laborsanctions by

43
Compliance
Model

In order to guarantee our legislative responsibilities, Australis, through the Legal and Regulatory Affairs Management, has updated its Compliance Policy, which sets out the commitments that the company adopts and internalizes to comply with legal responsibilities.

This policy promoted a relevant milestone for the company, as well as at an industry level: The first Australis Integrated Compliance Model.

This model is a management system that allows us to standardize processes to comply with current regulations in different areas, such as: Crime Prevention, Free Competition, Regulatory Environmental Compliance, Information Security and Government and Transparency. This system centralizes the execution of all activities related to these issues, in order to prove Australis's commitment to doing things transparently, within the legal framework, with the best use of available resources.

Compliance
and Sanctions

The aquaculture industry is a strictly regulated sector, where all companies must operate in compliance with the norm and legislative regulations. However, on some occasions situations arise that are beyond our total control and may result in infractions and non-compliance with said regulations, giving rise to corrective measures and/or sanctions of an environmental, social, product and/or food safety nature.

It is worth mentioning that the penalties issued in previous years may be paid and closed in the reporting year (2022)

By 2022, we have reduced the Food Safety sanctions for our products to 0. At the same time, we continue to challenge ourselves year after year to continue reducing and achieving the elimination of Labor and Environmental sanctions.

Complaints Channel

Our Reporting Channel is the means by which all our Australis employees and their Subsidiaries can report, anonymously or under strict confidentiality, violations of the Code of Ethics and Conduct, Regulations, Policies, Procedures, Crime Prevention Model and other internal and external regulations, with the aim that they be investigated.

In the last 5 years, we have received 9 complaints limited to the crimes considered in the Crime Prevention Model:

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

We know that natural resources are limited, so we ensure that the use of raw materials from Pelagic Fishing, such as fishmeal and fish oil, come from sustainable and traceable sources. In addition, we consider the responsible use of soy.

In 2016, Australis Seafoods was the first company in Chile to use diets with a fishmeal reduction of over

90
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 great challenge in terms of sustainability is the decrease in dependency on raw materials of marine origin, specifically Fishmeal and Fish Oil, since these are from pelagic fishing, which causes effects 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.

PIONEERS IN THE INDUSTRY
TOGETHER FOR A 100% BIODEGRADABLE
PACKAGING!

Within the framework of our Sustainability Strategy, in 2021 we began the development of an innovative product that allows us to migrate towards the use of 100% biodegradable bags in our products.

In alliance with Bioelement, we have worked hard so that by 2022 the bags of our fresh salmon fillets of the brand "Southring, The Southern Frontier Seafoods", are produced with 100% biodegradable materials, free of plastic, of organic origin and certified for direct contact with food by the FDA (US Food and Drug Administration)

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.

The lowest figure in our history,
in the use of antibiotics

Mama Bear: The new
Australis Seafoods brand!

During the year 2022, Australis launches its new brand of hamburgers, cubes and portions "Mama Bear", conceived to bring us closer to a family audience, boys and girls, offering them the tastiest salmon in southern Chile and highly healthy, rich in fatty acids Omega 3, protein, gluten-free, free of negative nutritional information labels and hormones, which also has the "American Heart Association" certification, which guarantees that it is a good food for cardiovascular health.

Happy to take our salmon to all parts of the world!

Use of Antibiotics

As a company, we continue with a progressive decrease in the use of antibiotics, achieving the lowest figure in our history. It is important to highlight that the use of antibiotics is only used reactively, since we carry out a strict sanitary control in order to detect possible diseases in advance and reduce losses due to mortality.

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

Our production strategy is based on the prevention of diseases in farmed fish, promoting their health and well-being. 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.

In the last 5 years
we have reduced
the accident rate by

50
Safety is our priority:
ISO 45001 Standard!

Thanks to the professionalism, dedication and collaborative management of the Workers' Health and Safety team, Australis obtained the ISO 45001 Certification, an internationally recognized standard that contains the necessary requirements for the implementation of a Health and Safety Management System at the workplace. In this way, Australis becomes the first salmon farmer to obtain this certification, which guarantees that all our collaborators have a safe and healthy workplace. The strategic view of continuous improvement has allowed us to grow year after year, demonstrating the commitment that we have as a company in matters of safety and health at the workplace.

Endowment 2022

We have operations from the Biobío region to the Magallanes region, where our collaborators constitute a diverse group in terms of age range, culture and workplace. With them, we share a set of fundamental values, promoting fair treatment and providing safe working conditions for each of them.

Endowment 2459 direct employees hired by Australis Seafoods
direct employees hired by Australis Seafoods
and Safety of Workers (SST)

SST is one of our priorities, since it is essential to provide ideal and safe working conditions for the performance of each one of our workers. The accident rate it is one of the key indicators, which is calculated with the number of injuries including fatalities, which lead to the inability to work. On the other hand, we talk about absence rate to 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 has not presented fatalities of employees hired by the company, as a result of occupational 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 have

NOT

had fish escapes
in last 5 years

We completed 1 year
of implementation oh the APL!

We have already completed our first year since we adhered to the Clean Production Agreement, an agreement at the union level and of a voluntary nature, which aims to develop a Climate Change and Circular Economy Strategy for the salmon sector, focused on the Los Lagos and Aysén Regions.

We will tell you about some of our main achievements obtained 1 year after its implementation, in which we achieved 84% compliance with the goals established for that year:

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.

Since 2018, we have had no fish escapes, which translates into less impact on the environment, specifically for wild species due to predation and competition.

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 wolf 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.

Notwithstanding the foregoing, it is noted that on July 4, 2022, we received notice from one of our aquaculture net providers, Badinotti Chile S.A., who reported the discovery of a Chilean Tonina or Dolphin -Cephalorhynchus eutropia-, while in one of their workshops they received and unloaded a container with nets previously withdrawn from operation by an external service.

AUSTRALIS CARBON FOOTPRINT

Like any production company, we use energy in the form of fuel and electricity, also generating waste, which implies the emission of Greenhouse Gases (GHG), which are expressed in tons of equivalent carbon dioxide (CO2eq). The measurement of the Australis Carbon Footprint considers all the links in the production chain: from production in freshwater centers to transport logistics to the end customer. But the study of greenhouse gases must be accompanied by a reduction and compensation strategy to achieve better management of the energy consumed, through energy efficiency and the use of green energy for the operation of the processes.

During 2022, we have managed to offset 100% of the energy used throughout our production chain, guaranteeing that all the electricity used in our processes comes from ERNC.

Along the same lines, we’d like to highlight that our Torres del Paine Plant -located in Punta Arenas-, together with the Cabo Negro Wind Farm worked together so that 100% of its NCRE injection generated in 2022 supplied our facilities, thus offsetting 92% of the carbon footprint of our consumption in the Magallanes Region.

This allows us to reduce the Carbon Footprint throughout our production chain, a commitment made around our 2020-2030 Sustainability Strategy, also being the first salmon company in Magallanes to obtain IREC certification, which fills us with pride, since we encourage the use of clean energy throughout our value chain and locally, hand in hand with the southernmost wind power plant in the world.

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.

Pilar 6

Good
Neighbor

We seek to generate connections and continuous dialogue with all the communities in which we operate, based on trust, transparency and a long-term vision, in addition to contributing to their social and economic development, by prioritizing local hiring and promoting entrepreneurship and Pymes (Small to medium-sized companies).

By 2022,

82

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

OTEC
Australis Incubator

During 2021, Australis developed the "Australis Incubator" Project, a community relationship initiative aimed at promoting local and professional economic development and growth in the Magallanes region.

During the year 2022, already in its second version, Australis launches the "OTEC Incubator", opening a new call to promote and foster the development of Technical Training Organizations (OTEC) in the region, allowing to carry out a series of trainings that are required locally, with a regional Magellan seal. In this way, the OTEC Incubator Committee was formed, a multidisciplinary team in charge of leading, managing and coordinating the entire selection process of the project to sponsor during this period.

Thus, Kirke was awarded the prize to boost its economic growth, an OTEC that was born to meet the high demand for jobs to work in smaller vessels, so this award would promote and position the brand locally.

Visits to
our facilities

2022 allowed us to return to face-to-face activities and resume our onsite activities with communities and meet with our neighbors in each of the places where we are located. All visits to our facilities include a transparency talk, where the community can learn about the operation of our farming centers and plants, with each of the processes that operate there, in addition to enjoying salmon tastings. With this we generate bonds of trust and make visible the work that is carried out in the community where we operate.

Social development
through local employment

We have operations from the Biobio region to the Magallanes region, where our collaborators constitute a diverse group coming from different regions of the country. As a company, we seek to promote the hiring of workers of local origin who are interested in being part of the company, establishing the necessary application channels to participate in a personnel selection process in accordance with Australis values.

Contratación Local
Our operations
Responsible Products Responsible Operations Good Goverment Good Environment Persons Good Neighbor Australis 2020-2030 Sustainability Strategy