Q4 2024 Trading Update

05 Jan 2025 18:32 CET

In Q4 2024 the harvest volumes for Bakkafrost's operation in the Faroe Islands
and Scotland were:

· Faroe Islands: 16.6 thousand tonnes
· Scotland:       3.8 thousand tonnes

The total harvest for 2024 in the Faroe Islands was 62.8 thousand tonnes and in
Scotland the total harvest in 2024 was 27.9 thousand tonnes. The total harvest
from the Bakkafrost Group in 2024 was 90.7 thousand tonnes.

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

Feed sales in Q4 2024 were 38.9 thousand tonnes. Havsbrún sourced 42.0 thousand
tonnes of raw materials in Q4 2024. The total feed sales for 2023 was 140.4
thousand tonnes and in total 309.5 thousand tonnes of marine raw material were
sourced in 2024.

The full Q4 2024 report will be released on 18 February 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 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