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New CEO for The Kingfish Company

The Kingfish Company [Euronext: KING], a pioneer in sustainable land-based aquaculture, has selected Vincent Erenst as Chief Executive Officer, effective February 6th, 2023. The Kingfish Company will recommend the appointment of Vincent Erenst as Chief Executive Officer at an Extraordinary General Meeting of Shareholders (EGM), to be held early 2023.

“We are very pleased to propose Vincent Erenst as the new CEO of The Kingfish Company. He has an impressive track record in driving performance improvements and value creation across a broad range of businesses in the aquaculture sector. We are convinced that Vincent is a very suitable CEO to bring The Kingfish Company to the next level of performance. On behalf of the Supervisory Board, I welcome him as the next CEO of The Kingfish Company, and we wish him success in his new role to further shape The Kingfish Company while playing a key role in driving the strategy and reinforcing the market position of our company”, said Jeroen Scheelbeek, the Chairman of The Kingfish Company.

Vincent brings a strong international, operational and transformational track record with more than 35 years of experience leading aquaculture companies. Most recently, he worked as Chief Operating Officer at Barramundi Group. Prior to this role, he worked as COO of Avramar and for more than 10 years he worked as Managing Director of Mowi Canada West.

“I am thrilled to take on this new challenge and responsibility. With a best-in-class product, cutting edge RAS technology and a strong and motivated team, The Kingfish Company is perfectly positioned to further implement its growth strategy. I am very proud to take the lead of a great team and will put all my efforts into getting The Kingfish Company to the next level in the coming years”, said Vincent Erenst.

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About The Kingfish Company N.V.

The Kingfish Company is a pioneer and leader in sustainable land-based aquaculture. Current annual production capacity at its Kingfish Zeeland facility in the Netherlands is 1,500 tons of high quality and high value Yellowtail Kingfish. Expansion is underway and capacity in the Netherlands is expected to reach 3,500 tons in Q1 2023. Kingfish Maine is now fully permitted by local, state and federal regulatory agencies.

Production is based on advanced recirculating aquaculture systems (RAS), which protect biodiversity and ensure biosecurity. Animal welfare is paramount, and the fish is grown without use of antibiotics and vaccines. Operations run on 100 percent renewable energy, sourced from wind, solar and biogas. The Company's facilities operate on sea water, avoiding wasting of precious fresh water.

The Kingfish Company's main product at present, the Yellowtail Kingfish (also known as Ricciola/Hiramasa/Greater Amberjack) is a highly versatile premium fish species, well known in the Italian and Asian fusion cuisines. Its products are certified and approved as sustainable and environmentally friendly by Aquaculture Stewardship Council (ASC), Best Aquaculture Practices (BAP) and British Retail Consortium (BRC). It was the winner of the 2019 Seafood

Excellence Award, and it is recommended as green choice by Good Fish Foundation.


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