Bakkafrost P/f

Quarterly Report • Oct 4, 2021

BAKKAFROST: Correction to Q3 2021 Trading Update

BAKKAFROST: Correction to Q3 2021 Trading Update

Correction to trading update announced 4 October 2021 (reference is made to

message id 543729 - NewsWeb

(oslobors.no) (https://newsweb.oslobors.no/message/543729))

In Q3 2021 the harvest volumes for Bakkafrost's operation in the Faroe Islands

and Scotland were:

Faroe Islands: 14.9 thousand tonnes:

· Farming North:      2.9 thousand tonnes

· Farming West:       7.8 thousand tonnes

· Farming South:      4.3 thousand tonnes

Scotland:           6.9 thousand tonnes

All harvest volumes are provided in head on gutted (HOG) equivalents.

Feed sales in Q3 2021 were 45.0 thousand tonnes. Havsbrún sourced 17.2 thousand

tonnes of raw materials in Q3 2021.

The full Q3 2021 report will be released on 9 November 2021 at 06:00 CET.

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.