Q3 2025 Trading Update

FARMING

In Q3 2025, the harvest volumes for Bakkafrost's operation in the Faroe Islands and Scotland were:

+-------------+---------+-----------------+-----------------+ |Region |Month |Harvest volume |Average weight | | | | | | | | |(thousand tonnes)|(kg) | +-------------+---------+-----------------+-----------------+ |Faroe Islands|July |              6.1|              4.8| +-------------+---------+-----------------+-----------------+ | |August |              9.6|              5.2| +-------------+---------+-----------------+-----------------+ | |September|              9.7|              5.6| +-------------+---------+-----------------+-----------------+ | |Q3 total |            25.4 |              5.2| +-------------+---------+-----------------+-----------------+ | | | | | +-------------+---------+-----------------+-----------------+ |Scotland |July |              2.4|              5.1| +-------------+---------+-----------------+-----------------+ | |August |              1.6|              4.4| +-------------+---------+-----------------+-----------------+ | |September|              1.2|              4.7| +-------------+---------+-----------------+-----------------+ | |Q3 total |              5.3|              4.8| +-------------+---------+-----------------+-----------------+

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

Based on preliminary numbers, Q3 2025 incident-based mortality costs in the farming segments are estimated to be:

· Faroe Islands:         0 mDKK · Scotland:               59 mDKK     (mainly occurred in September at the Portree farming site)

FRESHWATER The smolt release in Q3 2025 was:

· Faroe Islands:        4.8 million · Scotland:                3.3 million

FISHMEAL, OIL AND FEED (FOF) In Q3 2025, the volumes sourced and sold in the FOF segment where (in thousand tonnes):

+---------+----------------------------+----------+---------------+------------- -+ |Month |Marine raw material sourcing|Feed sales|Fish meal sales|Fish oil sales| +---------+----------------------------+----------+---------------+------------- -+ |July |    18.3 | 15.2 | 2.7 | 0.0 | +---------+----------------------------+----------+---------------+------------- -+ |August |      5.9 | 17.1 | 1.2 | 0.0 | +---------+----------------------------+----------+---------------+------------- -+ |September|    16.2 | 16.7 | 1.2 | 0.0 | +---------+----------------------------+----------+---------------+------------- -+ |Q3 Total |    40.3 | 49.1 | 5.1 | 0.0 | +---------+----------------------------+----------+---------------+------------- -+

The full Q3 2025 report will be released on 4 November 2025 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.