The Mariculture Evolution Group is developing an innovative open ocean aquaculture system called the Evolution System to meet the growing global demand for seafood. The Evolution System consists of large, automated, submerged cages that are not anchored to the ocean floor, allowing them to be easily moved. This overcomes constraints of coastal aquaculture by farming in the unlimited space of the open ocean. The system is expected to produce over 3,000 tons of seafood per year while reducing labor costs through automation. MEG has assembled a team with expertise in aquaculture technology, engineering, and larval rearing to develop and commercialize the first Evolution System.

1. Mariculture Evolution Group, Inc
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Adriaan Zijlstra, VP business Development Mariculture Evolution Group, Inc*
E-mail adriaan@hioceanictech.com
mobile +31 6 51071131
Confidential and proprietary information
* The Mariculture Evolution Group, Inc. (MEG) is a company formed from the merger of
Hawaii Oceanic Technology, Inc. and Aquaculture Evolution, Inc. Both companies own
intellectual property suitable to demonstrate and capitalize on a highly efficient open ocean
aquaculture technology called the Evolution System
The future is out there!
New technology for “over the horizon” deep ocean mariculture

2. Mariculture Evolution Group, Inc
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WHY?
Feeding 9 mio people: aquaculture probably is the best, most efficient, most
healthy way to feed a – soon to be- global population of 9 billion people
Unlimited space to farm: the evolution cage is unmoored and gives owners
maximum freedom to operate. Too much water dept, heavy weather or
ferocious predators no longer dictate where to farm
Creating jobs and a better lives: the evolution cage technology will provide
jobs and financial means for traditional fishery communities which have lost
out against the huge global fishing conglomerates
Saving the planet: we must shift to farming fish to avoid wild species to
become extinct and we must farm fish in such a way that it is unharmfull to
the environment
Introduction

3. Mariculture Evolution Group, Inc
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How do we feed 9 billion people by 2050?
The growing importance of aqua culture as a source for proteins
• The world's stocks of seafood will have collapsed by
2050 at present rates of destruction by fishing. The loss
of biodiversity impairs the ability of oceans to feed the
world's growing human population. Over-fishing also
sabotages the stability of marine environments,
profoundly reducing the ocean's ability to produce
seafood, resist diseases, filter pollutants and rebound
from stresses such as climate change.
• Today, fish farming already provides 62
million tons, almost half of all seafood
consumed in the world. The United Nations
Food Agriculture Organization projects a
need to double farmed output by the time
world population reaches 9.2 billion
people.

4. Mariculture Evolution Group, Inc
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There are many constraints affecting inland and coastal
(bay and near shore ocean) settings that support the need
for moving aquaculture production into open ocean:
- lack of availability of land and sheltered bays
- lack of fresh water
- near shore pollution
- competing uses
- people don’t want fish farms in their view plane.
Open ocean aquaculture in deep water avoids
all these negative impacts!
and:
- is a healthier environment for fish to grow
- improves food conversion and reduces parasites
- profits from unlimited space, avoiding conflict with other
ocean users
The consequence of this situation is that open ocean
aquaculture must grow at a faster rate over the
next 15 yrs and will produce 30 million tons of
ocean-farmed seafood per year by 2030!
Existing farming operations are out of breath..
The need to move aquaculture to the open ocean

5. Mariculture Evolution Group, Inc
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The better mousetrap – the Evolution System
An innovative solution to produce sea food in the open Ocean
• Very large: 25m, 42m or 56m in diameter
• Can produce more than 3,000 tons per system depending
on configuration
• Reduces labor costs through automation
• Remote controlled and operated
• Not tethered to the ocean floor which makes it easy to
move if sea conditions change or hazards approach;
reduces deployment costs
• Submerged below the surface, reducing impact from
surface wind and waves

6. Mariculture Evolution Group, Inc
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Biggest hurdles have overcome
We are ready to build and operate the first cimplete system
• 80% of the technology proven in the worst possible sea conditions
• IP protected and IP will be exclusive to partners of MEG
• Established demonstration sites in the Pacific, Atlantic, Southeast Asia
and Canada
• Strategic partners aligned and ready
• Strong network of consultants
AND,
• Backing of European and North american governments to develop
mariculture in their Exclusive Economic Zone
• AEG (automated feeder buoy); NetSystems (“Predator X” netting);
Lockheed Martin (command, control, and monitoring system).

7. Mariculture Evolution Group, Inc
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The Team
CEO - Bill Spencer - Bill is a serial technology entrepreneur. He is a graduate of Georgetown University
and the Johns Hopkins Bloomberg School of Public Health. He has founded several high tech software
focused companies in the health care and Internet space. He co founded Hawaii Oceanic Technology, Inc.
in 2006 and serves as its President.
VP Global Business Development – Adriaan Zijlstra – DSM.Adriaan has a MSc in Physics from Leiden
University. Adriaan joined DSM Dyneema as Business Director Commercial Marine & Sports. Focusing on
value chain partnerships and business model innovation, he successfully managed the business through a
time of hectic change. With more than double-digit growth year on year, he transferred a ‘start-up’
organization into a mature business.
VP Technology – Phillip Dobson – Phil has spent his career farming salmon in New Brunswick Canada.
To help optimize the production of salmon he invented an automated feeder buoy that has the capacity for
remote control and highly tuned feed dispensation. The buoy reduced labor costs by as much as 70%.
Larval Rearing Consultant – Syd Kraul - Syd has raised the following marine organisms from eggs:
yellow fin tuna, skipjack tuna, moi (Pacific threadfin), snappers, amber jack, other types of jack fish, mahi
mahi, flying fish, soles, puffers, and peacock grouper. Of these species, Syd was the first to establish
successful commercial hatchery production of moi, long fin jack, mahi mahi, and harlequin shrimps.
Syd is probably one of the most experienced larval rearing experts in the world.
Mechanical Engineering Consultant – Dave Hoar mechanical engineer is responsible for the
construction of the AEG feeder buoy and will play and instrumental role in the fabrication of the Evolution
System and the next generation feeder buoy.

8. Mariculture Evolution Group, Inc
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