Nekkar (NKR) North Atlantic Seafood Forum 2026 presentation summary

Strategic focus and business model

• Invests in technology companies within ocean-based industries, targeting megatrends like sustainable oceans, robotics, and digitalization.

• Operates a decentralized buy-to-own model, promoting autonomy and value creation through reinvestment and operational improvement.

• Portfolio spans defense, aquaculture, offshore energy, and maritime sectors, with five operating companies.

• Maintains a strong balance sheet with a 49% equity ratio and 129 employees.

• Listed on the Oslo Stock Exchange, headquartered in Kristiansand.

FiiZK closed containment solutions

• FiiZK leads in closed containment systems, addressing escape risk, fish welfare, predator attacks, sea lice, and fjord health.

• Solutions feature double protection, real-time monitoring, and automated regulation of water environment.

• Demonstrated zero escapes, zero predator incidents, and zero lice treatments in delivered systems.

• Waste feed is filtered and collected, supporting improved fjord health and sustainability.

• Over 24 closed systems delivered, with more than 80 production cycles and 30 million post-smolt produced.

Product evolution and market leadership

• FiiZK's closed containment systems have evolved since 2014, with continuous improvements in design and capacity.

• Product lines include Certus, Ecomerden, and Protectus, with capacities up to 1 million fish and 1,140 tonnes biomass.

• Protectus system features a 50-meter diameter, 30,000 m3 volume, and 20-year life expectancy.

• FiiZK is the largest supplier globally, with 24 systems installed and additional units awarded.

• Proven track record with technical and commercial viability, leading in investment efficiency per production volume.