Bakkafrost: Q3 2026 Trading Update
FARMING
In Q3 2026, the harvest volumes for Bakkafrost's operation in the Faroe Islands and Scotland were:
| Region | Month | Q3 2026 Harvest volume (thousand tonnes HOG) | Q3 2026 Average weight (kg) | YTD 2026 Harvest volume (thousand tonnes HOG) |
| Faroe Islands | July | 8.3 | 5.0 | 75.0 |
| August | 7.1 | 5.0 | ||
| September | 7.7 | 4.9 | ||
| Q3 total | 23.1 | 5.0 | ||
| Scotland | July | 1.2 | 2.9 | 13.9 |
| August | 1.3 | 3.1 | ||
| September | 1.9 | 3.0 | ||
| Q3 total | 4.5 | 3.0 |
Based on preliminary numbers, Q3 2026 exceptional mortality costs in Farming were:
- Faroe Islands: 0 mDKK
- Scotland: 42.0 mDKK, whereof 33.5 mDKK related to farming sites harvested out during the quarter)
FRESHWATER
The smolt release in Q3 2026 was (in millions):
| Q3 2026 | YTD 2026 | |
| Faroe Islands | 4.5 | 14.0 |
| Scotland | 2.9 | 7.8 |
The number of fish present as of 30 September 2026 at each farming site in the Faroe Islands is available on Bakkafrost's homepage: Biomass overview - Faroe Islands. Going forward, this overview will be updated monthly.
Based on preliminary numbers, Q3 2026 exceptional mortality costs in Freshwater were:
- Faroe Islands: 0 mDKK
- Scotland: 0 mDKK
FISHMEAL, OIL AND FEED (FOF)
In Q3 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 |
| July | 3.5 | 15.2 | 0.0 | 0.0 |
| August | 3.7 | 15.5 | 1.2 | 0.0 |
| September | 2.3 | 17.5 | 0.0 | 0.0 |
| Q3 Total | 9.6 | 48.2 | 0.0 | 0.0 |
| YTD 2026 Total | 170.2 | 121.0 | 2.4 | 0.0 |
The full Q3 2026 report will be released on 2 November 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.