Q2 2026 Trading Update
FARMING
In Q2 2026, the harvest volumes for Bakkafrost’s operation in the Faroe Islands and Scotland were:
| Region | Month | Q2 2026 Harvest volume (thousand tonnes HOG) |
Q2 2026 Average weight (kg) |
YTD 2026 Harvest volume (thousand tonnes HOG) |
| Faroe Islands | April | 7.7 | 5.9 | 51.9 |
| May | 8.7 | 5.7 | ||
| June | 10.3 | 5.2 | ||
| Q2 total | 26.7 | 5.6 | ||
| Scotland | April | 1.9 | 5.9 | 9.4 |
| May | 0.4 | 4.7 | ||
| June | 0.8 | 4.4 | ||
| Q2 total | 3.2 | 5.2 |
Based on preliminary numbers, Q2 2026 exceptional mortality costs in Farming were:
- Faroe Islands: 0 mDKK
- Scotland: 32 mDKK
FRESHWATER
The smolt release in Q2 2026 was (in millions):
| Q2 2026 | YTD 2026 | |
| Faroe Islands | 5.6 | 9.5 |
| Scotland | 3.9 | 4.9 |
The number of fish present as of 30 June 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, Q2 2026 exceptional mortality costs in Freshwater were:
- Faroe Islands: 0 mDKK
- Scotland: 0 mDKK
FISHMEAL, OIL AND FEED (FOF)
In Q2 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 |
| April | 50.0 | 11.8 | 0.0 | 0.0 |
| May | 42.8 | 14.1 | 0.0 | 0.0 |
| June | 16.9 | 11.5 | 0.0 | 0.0 |
| Q2 Total | 109.7 | 37.4 | 0.0 | 0.0 |
| YTD 2026 Total | 160.6 | 72.8 | 1.2 | 0.0 |
The full Q2 2026 report will be released on 31 August 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.