Bakkafrost P/f

Earnings Release • Oct 2, 2019

BAKKAFROST: Q3 2019 Trading Update

BAKKAFROST: Q3 2019 Trading Update

Harvest volumes in Q3 2019 are

Farming North 3.7 thousand tonnes

Farming West 9.2 thousand tonnes

Total Q3 2019 12.9 thousand tonnes

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

Feed sales in Q3 2019 are 33.9 thousand tonnes. Havsbrún sourced 17.8 thousand

tonnes of raw materials in Q3 2019.

The full Q3 2019 report will be released on 5 November 2019 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.