Bakkafrost P/f

Legal Proceedings Report • May 26, 2024

ISA virus found in two pens at farming site A-19 Vágur

ISA virus found in two pens at farming site A-19 Vágur

Tests taken at farming site A-19 Vágur have found the presence of the ISA virus

in two pens. The full site has 1.0 million fish in total, with an average weight

of 2.6 kg.

Strict measures have been implemented to contain the virus and prevent further

spread. The two affected pens will be harvested out immediately and the full

site will be harvested out within two months, in line with Faroese

regulation. Consequently, estimates show that harvest volumes for 2024 will be

reduced with 2,000-3,000 tonnes gutted weight by the accelerated harvest of the

entire farming site A-19 Vágur.

Contacts:

· Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)

· Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.