FARMING
In Q4 2025, the harvest volumes for Bakkafrost's operation in the Faroe Islands
and Scotland were:
+-------------+--------+---------------------+--------------+-------------------
--+
|Region |Month | Q4 2025 | Q4 2025 | YTD 2025
|
| | | Harvest volume |Average weight| Harvest volume
|
| | |(thousand tonnes HOG)| (kg) |(thousand tonnes
HOG)|
+-------------+--------+---------------------+--------------+-------------------
--+
|Faroe Islands|October | 9.5 | 5.4 | 83.6
|
+-------------+--------+---------------------+--------------+-------------------
--+
| |November| 7.6 | 5.9 |
+-------------+--------+---------------------+--------------+-------------------
--+
| |December| 6.2 | 5.4 |
+-------------+--------+---------------------+--------------+-------------------
--+
| |Q4 total| 25.4 | 5.2 |
+-------------+--------+---------------------+--------------+-------------------
--+
| | | | |
|
+-------------+--------+---------------------+--------------+-------------------
--+
|Scotland |October | 1.9 | 2.8 | 23.2
|
+-------------+--------+---------------------+--------------+-------------------
--+
| |November| 1.6 | 6.0 |
+-------------+--------+---------------------+--------------+-------------------
--+
| |December| 1.1 | 5.8 |
+-------------+--------+---------------------+--------------+-------------------
--+
| |Q4 total| 4.6 | 4.1 |
+-------------+--------+---------------------+--------------+-------------------
--+
Based on preliminary numbers, Q4 2025 incident-based mortality costs in Farming
were:
· Faroe Islands: 0 mDKK
· Scotland: 58 mDKK (nearly half of this was caused by the
Pasterella incident at Portree in Q3)
RESHWATER
The smolt release in Q4 2025 was (in millions):
+-------------+-------+--------+
| |Q4 2025|YTD 2025|
+-------------+-------+--------+
|Faroe Islands| 5.3| 18.7|
+-------------+-------+--------+
|Scotland | 2.2| 7.3|
+-------------+-------+--------+
Based on preliminary numbers, Q4 2025 incident-based mortality costs in
Freshwater were:
· Faroe Islands: 0 mDKK
· Scotland: 2 mDKK (mainly culling costs at the Couldoran
hatchery)
FISHMEAL, OIL AND FEED (FOF)
In Q4 2025, 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 | | | |
+--------+----------+----------+---------------+--------------+
|October | 11.1 | 18.6 | 1.2 | 0.0 |
+--------+----------+----------+---------------+--------------+
|November| 22.8 | 14.0 | 0.0 | 0.0 |
+--------+----------+----------+---------------+--------------+
|December| 5.9 | 14.6 | 1.2 | 0.0 |
+--------+----------+----------+---------------+--------------+
|Q4 Total| 39.8 | 44.7 | 2.4 | 0.0 |
+--------+----------+----------+---------------+--------------+
| | | | | |
+--------+----------+----------+---------------+--------------+
|YTD 2025| 349.2 | 165.2 | 20.2 | 0.0 |
|Total | | | | |
+--------+----------+----------+---------------+--------------+
The full Q4 2025 report will be released on 9 February 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.