FARMING


In Q1 2026, the harvest volumes for Bakkafrost's operation in the Faroe Islands
and Scotland were:

+-------------+--------+---------------------+--------------+-------------------
--+
|Region       |Month   |       Q1 2026       |   Q1 2026    |      YTD 2026
|
|             |        |   Harvest volume    |Average weight|   Harvest volume
|
|             |        |(thousand tonnes HOG)|     (kg)     |(thousand tonnes
HOG)|
+-------------+--------+---------------------+--------------+-------------------
--+
|Faroe Islands|January |         8.3         |     5.9      |        25.1
|
+-------------+--------+---------------------+--------------+-------------------
--+
|             |February|         7.7         |     5.8      |
+-------------+--------+---------------------+--------------+-------------------
--+
|             |March   |         9.2         |     5.7      |
+-------------+--------+---------------------+--------------+-------------------
--+
|             |Q1 total|        25.1         |     5.8      |
+-------------+--------+---------------------+--------------+-------------------
--+
|             |        |                     |              |
|
+-------------+--------+---------------------+--------------+-------------------
--+
|Scotland     |January |         1.3         |     6.0      |         6.2
|
+-------------+--------+---------------------+--------------+-------------------
--+
|             |February|         2.1         |     6.3      |
+-------------+--------+---------------------+--------------+-------------------
--+
|             |March   |         2.8         |     6.6      |
+-------------+--------+---------------------+--------------+-------------------
--+
|             |Q1 total|         6.2         |     6.4      |
+-------------+--------+---------------------+--------------+-------------------
--+

Based on preliminary numbers, Q1 2026 incident-based mortality costs in Farming
were:

  · Faroe Islands:         0 mDKK
  · Scotland:              2 mDKK

FRESHWATER

The smolt release in Q1 2026 was (in millions):

+-------------+-------+--------+
|             |Q1 2026|YTD 2026|
+-------------+-------+--------+
|Faroe Islands|    3.9|     3.9|
+-------------+-------+--------+
|Scotland     |    1.0|     1.0|
+-------------+-------+--------+

Based on preliminary numbers, Q1 2026 incident-based mortality costs in
Freshwater were:

  · Faroe Islands:          0 mDKK
  · Scotland:              15 mDKK

FISHMEAL, OIL AND FEED (FOF)
In Q1 2026, the volumes sourced and sold in the FOF segment were (in thousand
tonnes):

+--------+----------+----------+---------------+--------------+
|Month   |Marine raw|Feed sales|Fish meal sales|Fish oil sales|
|        |material  |          |               |              |
|        |sourcing  |          |               |              |
+--------+----------+----------+---------------+--------------+
|January |   24.5   |   12.9   |      1.2      |     0.0      |
+--------+----------+----------+---------------+--------------+
|February|   20.5   |   10.4   |      0.0      |     0.0      |
+--------+----------+----------+---------------+--------------+
|March   |   6.0    |   12.2   |      0.0      |     0.0      |
+--------+----------+----------+---------------+--------------+
|Q1 Total|   51.0   |   35.4   |      1.2      |     0.0      |
+--------+----------+----------+---------------+--------------+
|        |          |          |               |              |
+--------+----------+----------+---------------+--------------+
|YTD 2026|   51.0   |   35.4   |      1.2      |     0.0      |
|Total   |          |          |               |              |
+--------+----------+----------+---------------+--------------+

The full Q1 2026 report will be released on 19 May 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.