Q2 2026 Trading Update
FARMING
In Q2 2026, the harvest volumes for Bakkafrost's operation in the Faroe Islands and Scotland were:
+-------------+--------+---------------------+--------------+------------------- --+ |Region |Month | Q2 2026 | Q2 2026 | YTD 2026 | | | | Harvest volume |Average weight| Harvest volume | | | |(thousand tonnes HOG)| (kg) |(thousand tonnes HOG)| +-------------+--------+---------------------+--------------+------------------- --+ |Faroe Islands|April | 7.7 | 5.9 | 51.9 | +-------------+--------+---------------------+--------------+------------------- --+ | |May | 8.7 | 5.7 | +-------------+--------+---------------------+--------------+------------------- --+ | |June | 10.3 | 5.2 | +-------------+--------+---------------------+--------------+------------------- --+ | |Q2 total| 26.7 | 5.6 | +-------------+--------+---------------------+--------------+------------------- --+ | | | | | | +-------------+--------+---------------------+--------------+------------------- --+ |Scotland |April | 1.9 | 5.9 | 9.4 | +-------------+--------+---------------------+--------------+------------------- --+ | |May | 0.4 | 4.7 | +-------------+--------+---------------------+--------------+------------------- --+ | |June | 0.8 | 4.4 | +-------------+--------+---------------------+--------------+------------------- --+ | |Q2 total| 3.2 | 5.2 | +-------------+--------+---------------------+--------------+------------------- --+
Based on preliminary numbers, Q2 2026 exceptional mortality costs in Farming were:
· Faroe Islands: 0 mDKK · Scotland: 32 mDKK
FRESHWATER
The smolt release in Q2 2026 was (in millions):
+-------------+-------+--------+ | |Q2 2026|YTD 2026| +-------------+-------+--------+ |Faroe Islands| 5.6| 9.5| +-------------+-------+--------+ |Scotland | 3.9| 4.9| +-------------+-------+--------+
The number of fish present as of 30 June 2026 at each farming site in the Faroe Islands is available on Bakkafrost's homepage: Biomass overview - Faroe Islands (https://www.bakkafrost.com/en/sustainability/data). Going forward, this overview will be updated monthly. Based on preliminary numbers, Q2 2026 exceptional mortality costs in Freshwater were:
· Faroe Islands: 0 mDKK · Scotland: 0 mDKK
FISHMEAL, OIL AND FEED (FOF) In Q2 2026, the volumes sourced and sold in the FOF segment were (in thousand tonnes):
+-----+----------------------------+----------+---------------+--------------+ |Month|Marine raw material sourcing|Feed sales|Fish meal sales|Fish oil sales| +-----+----------------------------+----------+---------------+--------------+ |April| 50.0 | 11.8 | 0.0 | 0.0 | +-----+----------------------------+----------+---------------+--------------+ |May | 42.8 | 14.1 | 0.0 | 0.0 | +-----+----------------------------+----------+---------------+--------------+ |June | 16.9 | 11.5 | 0.0 | 0.0 | +-----+----------------------------+----------+---------------+--------------+ |Q2 | 109.7 | 37.4 | 0.0 | 0.0 | |Total| | | | | +-----+----------------------------+----------+---------------+--------------+ | | | | | | +-----+----------------------------+----------+---------------+--------------+ |YTD | 160.6 | 72.8 | 1.2 | 0.0 | |2026 | | | | | |Total| | | | | +-----+----------------------------+----------+---------------+--------------+
The full Q2 2026 report will be released on 31 August 2026 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 to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.