Olav Jamtøy is the CEO of Life Sciences Enterprice, which has been utilizing DNA technology in commercial fish breeding programs since 1996. The company operates breeding programs for Atlantic salmon and tilapia, selecting for traits like growth, fillet yield, and disease resistance. GenoMar has developed GenoMar Supreme Tilapia (GST), their premium tilapia strain, through over 22 generations of selective breeding. GST shows improved growth performance over time in commercial operations in Asia, requiring fewer days to reach market size. GenoMar partners with farmers in their tilapia value chain through broodstock sales, hatchery and nursery operations, and processing to offer a traceable and sustainable til

1. Olav Jamtøy
CEO

2. Life Sciences Enterprice since 1996 with utilization of DNA technology
into commercial breeeding program
Business areas:
1. Knowledge based – consultancy services and products:
Breeding services - providing breeding services to public or private
organizations wanting to develop genetic resources and to engage in
long term programs for breeding and stock performance improvement.
DNA verifiable traceability
2. Tilapia Value chain:
• Genomar Supreme Tilapia (GST) - commercialization of superior tilapia
brood stock and fingerlings.
• Integrator: Trapia – integrated value chain in tilapia
From life science to integrated aquaculture operation

3. Operations:
Norway:
- HQ
- RD + Cooperation with life science Universities
Asia:
Philippines:
- GST -Breeding Nucleus, BFP ,
small scale fingerling/juvenile supply
China:
- GST multiplier , hatchery & nursery
large scale fingerling supply
Malaysia:
- Trapia – Integrated value chain – hatchery,
nursery, grow-out,processing & sales
Singapore:
- Regional support & market development
Main operations in Asia

4. Challenges in Fish Farming
• High mortality
• Sexual maturation for spawning
• FCR
• Fish health and diseases
• Efficiency of production
• Sex ratio
• Broodstock management-genetic diversity
 Most of these traits can be much improved!
Opportunity for continous improvements by genetic gains

5. Breeding services
Long term genetic gains

6. GenoMar Breeding Activities
• Atlantic salmon: over 4 generations of breeding services for various traits,
Growth, fillet color, disease resistance, etc.
New selection can be done every 3-4 year

7. GenoMar Breeding Activities
• Tilapia: over 12 generations of selective breeding for growth, fillet yield
and stress tolerance,
Selection of a new generation every year !

8. GenoMar’s technology increases genetic gains
Separated rearing
of families until GenoMars DNA markers
physical tagging allow communal rearing
limits the of families and greatly
population size. increased population
size.
Traditional breeding program with a small GenoMar breeding program with a big
population size and low selection pressure. population size and high selection pressure.
1st generation Selected breeders 1st generation Selected breeders
2nd generation 2nd generation
R=h2*S R=h2*S
High genetic gain
Low to moderate genetic gain
High genetic gain - save operational breeding costs

9. Genopass™
 Ultimate tool to verify if a storyline
(document based traceability) is true;
 DNA cannot be faked;
 Non-GMO technology;
 Total consumer confidence;
 Setting a new standard in food safety.
Verifiable 100% Traceability

10. GenoMar – Value Chain
Breeding Multipliers Hatchery Grow-out Processing Importing Retail Consumer
Nucleus company market
Multipliers Hatchery Grow-out Processing Importing Retail
company
GenoMar Trapia branded value-added products
Supreme Tilapia
Genopass DNA-verified traceability
Safe , Sustainable, Traceable

11. GST - value chain
GenoMar Supreme Tilapia (GST)
 Partner in the GIFT project (Genetic 22 generations of
selection.
Improvement of farmed Tilapia)
-Continued with the GIFT broodstock from
the G9 High genetic diversity.
 Being based on 22 generations of
state of the art selective breeding Selection for fast
growth, high fillet yield
and an optimal founder population and stress tolerance
with very high genetic robustness;
Full pedigree.
 The GST represents most likely the
internationally most genetically
advanced tilapia broodstock. Low inbreeding, around
0.25% per generation.
Probably the best genetic tilapia O. niloticus broodstock in the world

12. GenoMar Achievements in Asia
• Development of GST – leading tilapia strain
- 2010 - 180 culture days from 20 – 900 gr
- 2011 - 155 culture days from 20 – 900 gr
- 2012 - 125 culture days from 20 – 900 gr
Results from commercial cage farming harvesting 40 ton/cage
• Utilization of genetic gains
• Improvement in feeding management
• Fish health - improvements
GST – fast growing

13. Tilapia – growth 1 kg
Example - improvement of growth - genetic gain A B
Culture days 200 150 Reduced due to genetic improvement
Crops year 1,83 2,43 Increase due to reduced culture days
Survival 60 % 70 % Increase due to lower explosure (culturedays)
FCR 1,7 1,5 Higher survival = reduced FCR
standard production in 1x 2000m3 cage @ 20kg/m3 40 000 73 000 97 333 Effect of reduced culture days
Feed price
Production cost (USD/kg) facility A 1,5
Farmgate price (USD/kg): 2,0
Revenue - farmgate USD - kg 146 000 194 667
Cost structure - Facility A B
Feed cost 1,05 76 650 89 060 0,92
Juvenile cost 0,15 10 950 12 167 0,13
Other variable cost 0,15 10 950 14 600 0,15
Fixed cost 0,15 10 950 9 733 0,10
Sum cost USD / KG 1,50 109 500 125 560 1,29
Profit - USD / KG 0,50 36 500 69 107 0,71
Profit margin 25 % 36 %
Extra profit B vs A for a standard cage 2000m3 per year - USD 32 607 0,21
89 %
High profit from genetic gains in growth

14. Impact of fillet yield
Value of Increased fillet Yield A B
Annual volume - farm gate 1 000 000 1 000 000
Price - farmgate - USD/Kg 1,50 1,50
Fillet yield - DS fillet 33 % 35 %
Price - fillet ex / factory USD / kg 6,5 6,5
Fillet volume 330 000 350 000
Raw -matr cost per kilo fillet USD/kg 4,55 4,29
Processing cost + packing USD/kg 1,00 1,00
Revenue USD 2 145 000 2 275 000
Cost - raw matr 1500000 1500000
Processing cost 330000 350000
Total cost USD 1830000 1850000
Profit USD 315 000 425 000
Profit B vs A USD 110 000
Profit B vs A USD/kg raw matr 0,11
Profit increase 35 %
Genetic selection increase profitability

15. Summary
• GenoMar can become your partner within
• Breeding services
– Design and implementation of selective breeding
programs for aquaculture
• Broodstock supplier
– GenoMar SupremeTilapia – probably the best
genetic tilapia O. niloticus broodstock

16. Sustainable aquaculture in harmony with
environment and local stakeholders
Thank You
Enjoy with good conscience