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KING: Q2 2024 trading update

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Record Sales Growth of 36% in Q2 2024

Highlights

o Record growth of 36% resulting in volume sold of 512 tons (Q2 2023: 377 tons)
o Revenue up by 31% to EUR 7.3 million (Q2 2023: EUR 5.6 million)
o Revenue per kg was EUR 14.2 per kg (Q2 2023 EUR 14.8 per kg)
o Standing biomass doubled to 1,075 tons (Q2 2023: 512 tons)
o Net biomass growth of 631 tons (Q2 2023: 512 tons)
o Strong harvest volume growth of 55% to 599 tons (Q2 2023: 387 tons)

Kats, Netherlands - July 24, 2024 - The Kingfish Company N.V. (the "Company"