BAKKAFROST: Q1 2023 Trading Update

04 Apr 2023 17:33 CEST

In Q1 2023 the harvest volumes for Bakkafrost's operation in the Faroe Islands
and Scotland were:

The total harvest in the quarter was 19.1 thousand tonnes:

   Faroe Islands: 11.0 thousand tonnes

· Farming North      4.1 thousand tonnes
· Farming West       3.8 thousand tonnes
· Farming South      3.0 thousand tonnes

   Scotland: 8.1 thousand tonnes

· North    8.1 thousand tonnes
· South   0.0 thousand tonnes

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

Feed sales in Q1 2023 were 22.3 thousand tonnes. Havsbrún sourced 156.0 thousand
tonnes of raw materials in Q1 2023.

The full Q1 2023 report will be released on 9 May 2023 at 06:00 CET.

Contacts:

· Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (http://tel:+298 23 50
01) (mobile)
· Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 23 50 60 (http://tel:+298
23 50 60) (mobile)

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site