Core Viewpoint - Mitsubishi Corporation plans to acquire three salmon farming companies from Grieg Seafood, increasing its annual salmon production from approximately 200,000 tons to 250,000 tons, elevating its global ranking from 4th to 2nd [1][3]. Group 1: Acquisition Details - The acquisition involves a total cost of approximately 10 billion Norwegian Krone (around 7 billion RMB), including inherited debts [1]. - The targeted farming operations are located in three regions: northern Norway and the east and west coasts of Canada [3]. - Mitsubishi aims to increase production efficiency, targeting an annual output of 280,000 tons by the fiscal year 2027 [3]. Group 2: Market Context and Demand - Global demand for salmon is expanding due to its low feed requirements and environmental impact compared to other protein sources [1][4]. - The global salmon market is projected to reach a size of $49.3 billion by 2029, which is 1.5 times that of 2024 [4]. - Salmon is increasingly viewed as a substitute for beef and pork, with rising demand in developed countries due to health consciousness and the popularity of Japanese cuisine [4]. Group 3: Financial Projections - The net profit from the acquired businesses is expected to exceed 10 billion yen by the fiscal year 2027 [4]. - The overall net profit target for the entire aquaculture business, centered around Cermaq, is projected to be over 40 billion yen in 2027, approximately 2.9 times that of 2024 [4]. Group 4: Industry Challenges - The salmon farming industry faces challenges such as price volatility and diseases, which can lead to significant fluctuations in production [7]. - Despite these challenges, the demand for Atlantic salmon has led to a tripling of farming prices over the past 20 years [7]. - Mitsubishi Corporation plans to implement measures to stabilize production, including the introduction of laser equipment to eliminate parasites [7].

Group 1 - Consolidated harvest volumes for Q2 2025 total 64.5 thousand tonnes gutted weight, with specific contributions from various regions: 33.9 from Farming Central Norway, 20.6 from Farming Northern Norway, 6.0 from SalMar Ocean, and 4.0 from Icelandic Salmon [1] - The Q2 2025 report is scheduled for release on Thursday, 21 August at 06:30 CEST, followed by a presentation available through Norwegian webcast at 08:00 CEST and an English webcast recording at 10:00 CEST [1] - The presentation will take place in Oslo instead of Trondheim as previously announced [1]

Core Points - SalMar will present its results for the first quarter of 2025 on May 20, 2025, at 08:00 CEST [1] - The presentation will be held at Hotel Continental in Oslo, featuring CEO Frode Arntsen and CFO Ulrik Steinvik [1] - An English webcast recording will be available from 10:00 CEST on the company's website [1] Additional Information - Following the main presentation, there will be two group presentations: one in Norwegian at 12:00 CEST and another in English at 15:15 CEST [2] - Results will be accessible from 06:30 CET on the company's homepage and the Oslo Stock Exchange's page [2] - For further inquiries, contact Håkon Husby, Head of Investor Relations, via phone or email [2]

Consolidated Harvest Volumes - Total consolidated harvest volumes for Q1 2025 reached 42.7 thousand tonnes gutted weight [1] - Breakdown of harvest volumes includes: - Farming Central Norway: 21.1 thousand tonnes - Farming Northern Norway: 19.3 thousand tonnes - SalMar Ocean: 1.2 thousand tonnes - Icelandic Salmon: 1.1 thousand tonnes [1] Focus on Biomass and Harvest Timing - The company has focused on building biomass during the period, resulting in most of the volume being harvested late in the quarter [1] - There was also a necessity to harvest fish due to fish welfare considerations [1] Upcoming Financial Reporting - The Q1 2025 report is scheduled for release on Tuesday, 20 May at 06:30 CEST [2] - Following the report, a presentation will be available through Norwegian webcast at 08:00 CEST and an English webcast recording at 10:00 CEST [2]