Bakkafrost P/f — Earnings Release 2024

Apr 3, 2024

Q1 2024 Trading Update

Q1 2024 Trading Update

In Q1 2024 the harvest volumes for Bakkafrost's operation in the Faroe Islands

and Scotland were:

Faroe Islands: 14.3 thousand tonnes

· Farming North    4.6 thousand tonnes

· Farming West     7.5 thousand tonnes

· Farming South    2.2 thousand tonnes

Scotland: 7.3 thousand tonnes

· North   4.0 thousand tonnes

· South   3.3 thousand tonnes

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

Feed sales in Q1 2024 were 27.0 thousand tonnes. Havsbrún sourced 136.9 thousand

tonnes of raw materials in Q1 2024.

The full Q1 2024 report will be released on 6 May 2024 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.