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Allocation of matching shares in Bakkafrost Share Savings Plan

Bakkafrost has a share savings plan for its employees. The plan's purpose is to strengthen the company culture and encourage loyalty by encouraging employees to become shareholders. After a lock-in period of two calendar years, Bakkafrost will award one free matching share for each share purchased and held according to the share savings plan. The lock-in period for the share savings plan in 2022 ended on 31 December 2024. Consequently, Bakkafrost has completed the allocation of matching shares to the Group's employees in accordance with their savings in the share savings plan in 2022.

Long-term and broad political agreement settles the taxation model for salmon farming in the Faroe Islands

As an outcome of a broad political agreement stretching to 2032, the taxation of the Faroes Salmon industry is restructured, effective from 1 January 2025.Since 1 August 2023 and until 31 December 2024, the Faroese salmon industry has paid a monthly revenue tax ranging from 0.5% to 20% of the sales value of the harvested fish, calculated using the FishPool Index prices rather than actual sales prices. The applicable tax rate (0.5% - 20%) has been dependent on the difference between the industry production costs and the Fish Pool Index prices. From 1. January 2025, the maximum revenue tax

Q4 2024 Trading Update

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.

Share Savings Plan Transaction

As a part of the share savings plan for employees in 2024, the following primary insiders have purchased Bakkafrost shares: · Regin Jacobsen, CEO, purchased 35 shares. After the transaction, he holds directly and indirectly 4,641,985 shares. · Høgni Dahl Jakobsen, CFO, purchased 19 shares. After the transaction, he holds directly and indirectly 78,225 shares. · Odd Eliasen, Managing Director, purchased 18 shares. After the transaction, he holds 187,922 shares. · Annika Frederiksberg, Board Member, purchased 7 shares. After the transaction, she holds directly and indirectly 17,

Share Savings Plan Transaction

As a part of the share savings plan for employees in 2024, the following primary insiders have purchased Bakkafrost shares: · Regin Jacobsen, CEO, purchased 49 shares. After the transaction, he holds directly and indirectly 4,641,950 shares. · Høgni Dahl Jakobsen, CFO, purchased 35 shares. After the transaction, he holds directly and indirectly 78,198 shares. · Odd Eliasen, Managing Director, purchased 35 shares. After the transaction, he holds 187,904 shares. · Annika Frederiksberg, Board Member, purchased 13 shares. After the transaction, she holds directly and indirectly 17,

Strong biological performance in the Faroe Islands and successful de-risking in Scotland

The Bakkafrost Group delivered a total operational EBIT of DKK 173 million (DKK 269 million) in Q3 2024.(Figures in parenthesis refer to the same period last year unless otherwise specified) The performance in Q3 2024 per region was as follows: · Faroe Islands             Revenues of DKK 1,420 million (1,628 million)                                    Operational EBIT of DKK 310 million (542 million) · Scotland                    Revenues of DKK 317 million (232 million)                                    Operational EBIT of DKK -138 million (-263 million) Commenting

Invitation to the presentation of Bakkafrost's Q3 2024 results 5 November 2024 at 8:00 am (CET)

Bakkafrost's interim report Q3 2024 will be presented at 8:00 am (CET) on 5 November 2024 at Hotel Continental, Stortingsgaten 24/26, Oslo, Norway. WEBCAST The presentation will be transmitted live on Bakkafrost's website www.bakkafrost.com. Bakkafrost´s interim report Q3 2024 and associated presentation will be released before market opening on 5 November 2024 at 6:00 am (CET). Contacts: · Regin Jacobsen, CEO of P/F Bakkafrost: +298 235001 (mobile) · Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 235060 (mobile) This information is subject to the disclosure

Q3 2024 Trading Update

In Q3 2024, the harvest volumes for Bakkafrost’s operation in the Faroe Islands and Scotland were: · Faroe Islands:   21.6 thousand tonnes · Scotland:         5.4 thousand tonnes All harvest volumes are provided in head-on gutted (HOG) equivalents. Feed sales in Q3 2024 were 41.5 thousand tonnes. Havsbrún sourced 40.0 thousand tonnes of raw materials in Q3 2024.  The full Q3 2024 report will be released on 5 November 2024 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

Share Savings Plan Transaction

As a part of the share savings plan for employees in 2024, the following primary insiders have purchased Bakkafrost shares: · Regin Jacobsen, CEO, purchased 28 shares. After the transaction, he holds directly and indirectly 4,641,901 shares. · Høgni Dahl Jakobsen, CFO, purchased 20 shares. After the transaction, he holds directly and indirectly 78,147 shares. · Odd Eliasen, Managing Director, purchased 20 shares. After the transaction, he holds 187,869 shares. · Annika Frederiksberg, Board Member, purchased 8 shares. After the transaction, she holds directly and indirectly 17,

Share Savings Plan Transaction

As a part of the share savings plan for employees in 2024, the following primary insiders have purchased Bakkafrost shares: · Regin Jacobsen, CEO, purchased 57 shares. After the transaction, he holds directly and indirectly 4,641,873 shares. · Høgni Dahl Jakobsen, CFO, purchased 40 shares. After the transaction, he holds directly and indirectly 78,118 shares. · Odd Eliasen, Managing Director, purchased 41 shares. After the transaction, he holds 187,849 shares. · Annika Frederiksberg, Board Member, purchased 15 shares. After the transaction, she holds directly and indirectly 17,

Faroese Strike Impacts Financial Performance, but Strong Operational Metrics

The Bakkafrost Group delivered a total operational EBIT of DKK 388 million (DKK 353 million) in Q2 2024.(Figures in parenthesis refer to the same period last year unless otherwise specified) Faroe Islands:          · Revenues of DKK 1,187 million (1,082 million) · Operational EBIT of DKK 275 million (282 million) Scotland: · Revenues of DKK 880 million (587 million) · Operational EBIT of DKK 113 million (71 million) Commenting on the result, CEO Regin Jacobsen said: "We are not content with the financial performance this quarter, largely due to the strike in the

Invitation to the presentation of Bakkafrost's Q2 2024 results 26 August 2024 at 8:00 am (CET)

Bakkafrost's interim report Q2 2024 will be presented at 8:00 am (CET) on 26 August 2024 at Hotel Continental, Stortingsgaten 24/26, Oslo, Norway. WEBCAST The presentation will be transmitted live on Bakkafrost's website www.bakkafrost.com. Bakkafrost´s interim report Q2 2024 and associated presentation will be released prior to market opening on 26 August 2024 at 6:00 am (CET). Contacts: · Regin Jacobsen, CEO of P/F Bakkafrost: +298 235001 (mobile) · Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 235060 (mobile) This information is subject of the disclosure

Q2 2024 Trading Update

In Q2 2024, the harvest volumes for Bakkafrost’s operation in the Faroe Islands and Scotland were: · Faroe Islands:   10.2 thousand tonnes · Scotland:        11.4 thousand tonnes All harvest volumes are provided in head-on gutted (HOG) equivalents. Feed sales in Q2 2024 were 32.9 thousand tonnes. Havsbrún sourced 90.6 thousand tonnes of raw materials in Q2 2024.  The full Q2 2024 report will be released on 26 August 2024 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

Share Savings Plan Transaction

As a part of the share savings plan for employees in 2024, the following primary insiders have purchased Bakkafrost shares: · Regin Jacobsen, CEO, purchased 56 shares. After the transaction, he holds directly and indirectly 4,641,816 shares. · Høgni Dahl Jakobsen, CFO, purchased 41 shares. After the transaction, he holds directly and indirectly 78,059 shares. · Odd Eliasen, Managing Director, purchased 41 shares. After the transaction, he holds 187,808 shares. · Annika Frederiksberg, Board Member, purchased 15 shares. After the transaction, she holds directly and indirectly 17,

BAKKAFROST: Flagging

In a transaction made on 3 0 May 2024 Sprucegrove Investment Management has incresed its shareholding above 5% of the total outstanding number of shares in P/F Bakkafrost.  a. Name of Issuer of shares: Bakkafrost P/F b. Date which holding exceeded threshold: May 30, 2024 c. Name of Shareholder: Sprucegrove Investment Management d. Number of shares the notification encompasses: 2,977,169 shares (5.02%) based on shares outstanding of 59,304,619 shares (source: Signal) e. Subsequent Situation Prior to Disclosure: Not Applicable. This is our first disclosure for this company

ISA virus found in two pens at farming site A-19 Vágur

Tests taken at farming site A-19 Vágur have found the presence of the ISA virus in two pens. The full site has 1.0 million fish in total, with an average weight of 2.6 kg. Strict measures have been implemented to contain the virus and prevent further spread. The two affected pens will be harvested out immediately and the full site will be harvested out within two months, in line with Faroese regulation. Consequently, estimates show that harvest volumes for 2024 will be reduced with 2,000-3,000 tonnes gutted weight by the accelerated harvest of the entire farming site A-19 Vágur.

Share-based payments completed and new share capital registered

As a part of P/F Bakkafrost’s share-based bonus scheme for employees, the board of directors has resolved to issue a total of 77,012 new shares, each with a par value of DKK 1, and to increase the share capital from DKK 59,227,607 to DKK 59,304,619.   The new shares were issued under an authorization in the articles of association section 4A. The share capital increase pertaining to the new shares is registered with the Faroe Registration Authority, and the new share capital is DKK 59,304,619, divided by 59,304,619 shares, each with a par value of DKK 1. The new shares are expected to be

BAKKAFROST: Strong biological performance

The Bakkafrost Group delivered a total operational EBIT of DKK 710 million (DKK 565 million) in Q1 2024 and made a profit of DKK 401 million (DKK 467 million).(Figures in parenthesis refer to the same period last year unless otherwise specified) The performance in Q1 2024 per region was very uneven: · Faroe Islands             Revenues of DKK 1,594 million (1,341 million)                                    Operational EBIT of DKK 671 million (410 million) · Scotland                    Revenues of DKK 612 million (708 million)                                    Operational

Bakkafrost invites to the webcast of Q1 2024 results 6 May 2024 at 8:00 am (CET)

The presentation of Bakkafrost's interim report for Q1 2024 will be held at 8:00 am (CET) on 6 May 2024. The presentation will only be transmitted live on Bakkafrost's website www.bakkafrost.com and made available for later viewing on the website. No physical presentation will be held. Bakkafrost´s interim report for Q1 2024 and presentation will be released prior to market opening on 6 May 2024 at 6:00 am (CET). Contacts: · Regin Jacobsen, CEO of P/F Bakkafrost: +298 235001 (mobile) · Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 235060 (mobile) This information is

Board of Directors proposes AGM to shorten share buyback period to 1 year; details on board changes, audit committee independence, and remuneration policy.

With reference to the announcement made 27 March 2023 regarding Notice of the Annual General Meeting 30 April 2024. As a response to feedback from shareholders, The Board of Directors intend to change the previously announced proposed amendment to § 4B in the Articles of Associations, to reduce the proposed mandated period to 1 year from the previously proposed 5 years. Consequently, the board propose that § 4B of the company’s Articles of Association is amended as follows: “In the period from 30. April 2024 until the ordinary general meeting of the company, which will be held

Currency Rate for the upcoming Cash Dividend

With reference to the announcement made on 20 February 2024, the currency rate NOK/DKK to be used in the upcoming cash dividend is 0.6356. As previously announced, the proposed dividend payment for the Annual General Meeting on 30 April 2024 is DKK 8.70 per share. This corresponds to NOK 13.68785 per share. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

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