`
`
`
`
`
`
`
`
`June 15, 2021
`
`Certification
`
`Welocalize Translations
`
`
`
`This is to certify that the attached translation is, to the best of my knowledge and
`belief, a true and accurate translation from Norwegian into English of the file
`“Oppsummering Fresenius Kabi 26.06.06_427_Words.”.
`
`
`
`
`
`
`_________________________________
`
`Keimi Kanno
`
`Project Manager
`
`Project Number: CAJO_2106_P0014
`
`
`
`
`AKER EXHIBIT 2011 PAGE 0001
`
`
`
`Summary from Meeting with Fresenius Kabi 06.26.06
`
`
`Present Ulf Håkansson and Peter Svendsson from FK, Finn - Arne Lorentsen and Snorre
`Tilseth from Aker.
`
`Peter Svendsson summarized the extraction attempts.
`
`The Extraction
`
`3,150 kg krill flour produced onboard the Atlantic Navigator 05.06.06 were extracted
`with ethanol in the first step of the extraction process. The content of solid matter in the
`flour was estimated to 91.1%. The extraction was run in 10 x 320 kg part extraction.
`
`The yield was 620 L phospholipids or approximately 500 kg.
`
`The extraction lasted for two (2) hours and was run at room temperature, approximately
`18 Centigrade. In some if the extractions a cake as formed, which had to be dissolved,
`and in these the extraction lasted for 6 hours.
`
`Problems with coating in a pump was assumed to be caused by the shell fraction.
`
`After the extraction, the krill flour was dried to 89.1% solid matter. Towards the end of
`the drying, fine powder was swirling up, and further removal of ethanol was stopped due
`to the risk of explosion. The remaining flour will contain a rest of water and ethanol. This
`will be analyzed.
`
`The extraction was characterized by Svendsson as successful, the problems that occurred
`could obviously easily be handled.
`
`The phospholipids are heavy flowing, but not viscous, with strong color of Astaxanthin
`with a faint, fresh odor of shellfish.
`
`After extraction, the flour is a faint reddish color, with very good flow. Register odor of
`ethanol. Estimates rest fat of 5%. This will be analyzed.
`
`The products are packed in 16 x 25 L and 44 x 5 L plastic canisters, respectively, and the
`flour in 6 x 400 kg sacks.
`
`Analysis:
`
`Fresenius will analyze fat classes and fatty acid profiles in the rest fat on the flour, the
`same plus peroxides, anisidin values, FFA, ethanol and water in phospholipids extracted.
`
`FK will consider the possibility of removing EQ from the oil so we can test the product in
`the marked.
`
`AKER EXHIBIT 2011 PAGE 0002
`
`
`
`
`FK will in their pilot plant, perform a complete extraction of the phospholipids, as well as
`separation of the pl’s; this will probably be done by a research fellow working at the
`facility.
`
`We have agreed to share the oil 50/50. We will take all the flour back to FF.
`
`FK thinks that the oil can be uses directly as it is, and that it can easily be concentrated so
`special capsules may be designed with a size much smaller than AstaOmega, but with the
`same content of EPA and DHA.
`
`The first impression from FK is very optimistic. If we manage to do this, establishing a
`separate line is considered. Among other things, this would depend on how extensive the
`cleaning process will be. (Asta is a strong pigment, which colored the glass equipment
`after the extraction.)
`
`Analysis at FF:
`
`The same as FK, and in addition analyze content of EQ and Asta in flour and oil. The
`flour will also be analyzed for content of protein, rest fat and ash.
`
` I
`
` have already managed to get FF to consider whether EQ could possibly be removed
`from the oil at their pilot facility.
`
`FF will also be able to remove the ethanol rests and micronize the protein powder.
`Content of fluorine will be analyzed.
`
`If we manage to remove EQ, and the F content is not too high, we would be able to test
`the products for enhanced feed for cod, bass, bream and shrimp. This will be followed up.
`
`
`
`
`
`
`AKER EXHIBIT 2011 PAGE 0003
`
`