The Current Challenges in Salmon Farming • There are few fjords remaining where salmon can be produced in a sustainable manner - SubFarm opens up new areas for fish farming worldwide. • Lice is a huge fish welfare problem and adds significant cost to the operation - SubFarm solves the challenge related to lice and toxic algae by submerging the farm. • Visual pollution is an increasing problem in densely populated areas and areas with high touristic value. SubFarm, with its minimal surface footprint, solves that challenge • Transportation of salmon worldwide has a huge environmental impact. SubFarm can solve that by setting up production in proximity to the large consumer markets. • Pressure is on for multi-use of the ocean space – SubFarm is well-suited to be located inside the perimeter of offshore wind farms.