Kingfish Company’s U.S. Facility Fully Permitted by Local, State and Federal Agencies

01 Dec 2022 17:00 CET

The Kingfish Company [Euronext: KING] announces the town of Jonesport, Maine has
finalized Kingfish Maine’s building permit application, the final step required
for pre-construction design and engineering for the Kingfish Company’s new U.S.
facility.

In October, the Jonesport Planning Board gave initial approval to Kingfish’s
local building permit. The permit conditions were formally approved and adopted
in a final meeting this week. Kingfish Maine is now fully permitted by local,
state and federal regulatory agencies.

Kingfish Maine is a wholly-owned subsidiary of The Kingfish Company and will
deploy the same advanced technology and operational excellence proven in the
Netherlands. Once the Jonesport facility is fully operational, Kingfish Maine
will be the largest producer of Yellowtail Kingfish in the U.S. and will provide
local sustainable seafood for North American retailers and food service
providers.

"From the introduction of our project to the town three years ago to the final
building permit approval this week, we have received overwhelming support from
Jonesport residents,” said Ohad Maiman, Founder of the Kingfish Company. “We are
excited for what the future holds in Maine - bringing our sustainable land-based
technology to the U.S., in a community where we can partner for growth.”

Read more on the Jonesport Maine Planning Board October 2022 decision at
https://www.the-kingfish-company.com/post/the-kingfish-company-receives-local-an
d-final-approval-needed-for-u-s-facility-construction


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About The Kingfish Company
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 will reach 3,500 tons at
the start of 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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