BAKKA: Q3 2026 Trading Update
2026-10-05 18:04:01
FARMING
In Q3 2026, the harvest volumes for Bakkafrost's operation in the Faroe Islands
and Scotland were:
+--------+---------+---------------------+--------------+---------------------+
|Region |Month | Q3 2026 | Q3 2026 | YTD 2026 |
| | | Harvest volume |Average weight| Harvest volume |
| | |(thousand tonnes HOG)| (kg) |(thousand tonnes HOG)|
+--------+---------+---------------------+--------------+---------------------+
|Faroe |July | 8.3 | 5.0 | 75.0 |
|Islands | | | | |
+--------+---------+---------------------+--------------+---------------------+
| |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 (https://www.bakkafrost.com/en/sustainability/data). 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|Feed sales|Fish meal sales|Fish oil sales|
| |material | | | |
| |sourcing | | | |
+---------+----------+----------+---------------+--------------+
|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 | 170.2 | 121.0 | 2.4 | 0.0 |
|Total | | | | |
+---------+----------+----------+---------------+--------------+
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.
to the disclosure requirements pursuant to section 5\
-12 of the Norwegian Securities Trading Act.\