Issued Share Capital History The issued share capital of the Company is DKK 59,143,000 comprising of 59,143,000 Shares fully paid with a par value of DKK 1 and issued in accordance with Faroese law. The Shares of the Company may be freely transferred. No shares have any special rights. No restrictions apply with regard to the sale or any other transition of shares. The shares are registered in the VPS, which maintains the Company's share register. The shares are registered with ISIN NO: FO0000000179. The share registry of the Company is kept by Nordea Bank Norge ASA. The shares of the Company are registered in the share registry by name. The shares are equal in all respects and each share carries one vote at the Company's General Meeting. Issued share capital history Year Type of Change in Share Capital Change in Issued Share Capital Change in Number of Shares Par Value Per Share Total Issued Share Capital Total Number of Issued Shares Following Change 2007 IB 1. Jan DKK 1,000 - 1,000,000 2,991,789 67 2010 Change Nominal Value 1 2,991,789 2,991,789 2010 Issue Merger 972,064 972,064 1 3,963,853 3,963,853 2010 Equity Issue / Share Split 42,286,147 42,286,147 1 46,250,000 46,250,000 2010 Share Issue 2,608,065 2,608,065 1 48,858,065 48,858,065 2019 Share Issue 4,800,000 4,800,000 1 53,658,065 53,658,065 2019 Share Issue 4,615,179 4,615,179 1 58,273,244 58,273,244 2019 Share Issue 869,756 869,756 1 59,143,000 59,143,000 P/F Bakkafrost Bakkavegur 9 FO-625 Glyvrar Faroe Islands Tel +298 40 50 00 Fax +298 40 50 09 CONSUMER CUSTOMER INVESTOR SUSTAINABILITY ABOUT US Bakkafrost is the leading producer of top quality salmon from the Faroe Islands. We offer a wide range of healthy and nutritious salmon products from our own facilities. Ment, forritað og sniðgivið hava Sansir

Market Announcements P/F Bakkafrost Bakkavegur 9 FO-625 Glyvrar Faroe Islands Tel +298 40 50 00 Fax +298 40 50 09 CONSUMER CUSTOMER INVESTOR SUSTAINABILITY ABOUT US Bakkafrost is the leading producer of top quality salmon from the Faroe Islands. We offer a wide range of healthy and nutritious salmon products from our own facilities. Ment, forritað og sniðgivið hava Sansir