Ahousaht First Nation and Cermaq Canada Partnership and protocol agreement;

Wally Samuel and Laurie Jensen

Vancouver, BC

Oct 4, 2017

Contents

About Cermaq

About Ahousaht

Protocol development

Benefits

Company structure

Canada

Chile

Norway Cermaq

head office

Employees: 4 100

Cermaq

+ Mitsubishi Corporation

= #2 global Salmon farmer

100% owned by

Mitsubishi Corporation

Cermaq site locations

4

Local information

• Major employer for local

coastal communities(Tofino,

Campbell River, Port McNeill,

Ahousaht)

• Direct and supporting jobs in

the supply chain throughout

BC (net and cages, anchoring,

environmental monitoring, welders,

divers, harvest boats, delivery

services, etc.)

• Approximately 30% of

Cermaq employees are First

Nation

Aboriginal engagement

6

Cermaq’s vision is to be

recognized globally for our

progressive and innovative

First Nation relationships.

We look for relationships that

deliver long term mutual

benefits while protecting the

environment, and while

considering the needs and

interest of future generations.

UN Sustainable Development Goals:

17 Global Goals, 169 targets Click on the figure for more information link

Safety & Workplace

Community relations

Human Rights

Fish health & welfare

Feed ingredients

Product quality

Adaptation

Emissions

Innovation

Value chain approach

Certifications

Beyond compliance

Biodiversity

Biosecurity

Blue economy

OUR FOCUS AREAS

Thriving

oceans

People

leadership

Healthy &

nutritious

food

Responsible

production

Climate

action

.

Page 9

Local partnerships 2017

NGO partners

Industry Partners

First Nation Partners

Cermaq

Certification status

Achieved 2005 FIRST aquaculture

company in Canada

Achieved 2009 ONLY aquaculture

company in Canada

Achieved 2009 ONLY aquaculture

company in Canada

Achieved 2011 ONLY aquaculture

company in Canada

Achieved 2011 FIRST salmon farming

company in world

(now 4-star certified)

Achieved 2015 Highest % certified, the

most of any Canadian

company

Achieved 2011 ONLY aquaculture

company in Canada

Achieved 2011 FIRST aquaculture

company in Canada

Ahousaht First Nation

11

Location and membership

• Located on Flores

Island in B.C.’s

Clayoquot Sound

(Tofino)

• Has 2,000 +

members, and is the

largest single First

Nation on Vancouver

Island’s West Coast

The Ahousaht

have Aboriginal

Rights, title and

other interests

within the territory

the Ahousaht

refer to as the

Hahoulthee of the

Hawiih

Ahousaht Territory

The Ha’wiih (Hereditary Chief)

is a collective leadership

shared by three chiefs: - Ha’wiih Tyee Chief Maquinna (Lewis

George),

- A-in-chut (Shawn Atleo, former National

Chief of the Assembly First Nations)

- Tlak-kish-swi-a (John Keitlah III)

Role is to look after their

Ha’houlthee (territory and

resources)

Elected Chief and 12 person

council

Decision Making

Cermaq Operations in Ahousaht Territory 15 tenures, 14 operating sites

15

Why support salmon farming?

“Fish farming is replacing the

prosperity missing since the end of the commercial fishery.”

– Tyee Hawiih, at

protocol renewal in 2010

Ahousaht / Cermaq partnership

Based on a one page 2002 agreement

Renewed & improved in Jan 2010 (34 pages)

Renewed & improved in March 2015 (34 pages)

Supports Cermaq Canada operations in Ahousaht

territory

Provides jobs, economic and social benefits to

Ahousaht First Nations peoples

18

No magic bullet

It takes Trust to

build a relationship

and

you need all 3 to

make a partnership.

Time

+ Perseverance

+ Trust (relations)

= Partnership

Perseverance

Goal was a written formal agreement

Principles, Vision and Mission revised

Definitions and terminology clarified

Committees to agree, then take to leadership

Many versions were completed

Trust

Co-existence requires understanding and commitment

We are all here to stay, and that coexistence is a reality

Respect and cooperation is mutually beneficial

Changing actions changed attitudes

Agreed on dispute resolution, and communications

Partnership

Relations based on trust, respect, performance,

and stability for both Parties.

Respect for distinct identities, interests and

priorities while exploring common interests and

opportunities;

Honest and open sharing of information, ideas

and joint problem solving.

Benefits of partnering

Ahousaht

• Economic development capital

• Employment and Contracting opportunities

• Capacity & social program funding

• Salmon Enhancement funds

Cermaq

• Access to tenures

• Local employees

• Direct communications

• Operational support

• Social licence

Protocol today

Does not extinguish, abrogate or deny any

aboriginal rights and title of Ahousaht First

Nation

Respects claims for constitutionally-protected

rights and title in farming areas

Respects historic and contemporary uses and

stewardship of land, water and resources

Growing the future - employment

Warren Atleo, Farm site

Manager

Albert Frank, Farm site manager

Other rising stars - Assistant managers,

HR generalist, supervisors

Going forward

The parties will continue to work together to

improve the sustainability of fish farming and it’s

related activities in the Hahoulthee with a focus

on environmental protection and enhancement.

Regular meetings, detailed action plans and

focus on communication