Data

Please note that the data for Scotland in 2019 cover the full-year 2019 and not only the period after Bakkafrost’s acquisition of The Scottish Salmon Company on 8 October 2019.

HEALTHY BUSINESS DATA

Markets Served

	Western Europe	North America	Asia	Eastern Europe
2017	44%	18%	17%	21%
2018	31%	20%	24%	25%
2019	37%	22%	29%	12%
2020	67%	18%	8%	5%
2021	61%	19%	11%	9%
2022	67%	18%	9%	5% (excl. Russia)
2023	69%	19%	9%	3% (excl. Russia)
2024	65%	19%	13%	3% (excl. Russia)
2025	56%	24%	15%	4% (excl. Russia)

Customer Net Promoter Score

This is calculated based on the average customer score.

	Customer net promoter score	Average customer rating
2017	39	8.4/10
2018	32	8.2/10
2019	56	8.8/10
2020	53	8.9/10
2021	51	8.6/10
2022	43	8.4/10
2023	36	8.3/10
2024	43	8.5/10
2025	53	8.7/10

HEALTHY PEOPLE DATA

Bakkafrost Workforce

Please note: this data includes data from the Bakkafrost Group from the Faroe Islands, Scotland, the UK and US operations, and from 2022 data also includes Denmark and France operations.

Employees by gender and region (FTE)

Region	Unit	2025	2024	2023	2022	2021
Female	Full time equivalent	402	375	427.74	449.41	401.50
Male	Full time equivalent	1,233	1,192	1,257.88	1,328.27	1,251.50
Total	Full time equivalent	1,635	1,567	1,685.62	1,777.68	1,653

Workforce by type of employment

Only employees with a fixed end date are included in temporary employment.

In this report, employee numbers for Faroe Islands include our smaller operations in Bakkafrost UK and Bakkafrost USA.

Calculated as FTE

Permanent employees by gender (FTE)

	2025	2024	2023	2022	2021
Permanent employment - Female	395	367.34	425.67	445.85	393.50
Permanent employment - Male	1,231	1,186.77	1,256.75	1,324.58	1,242.50
Total	1,626	1,554	1,682.42	1,770.4	1,636

Temporary employees by gender and region (FTE)

Region	2025	2024	2023	2022	2021
Temporary employment - Female, Faroe Islands	2	3.81	1.79	1	3 (including US & UK)
Temporary employment - Male, Faroe Islands	1	0.34	0.73	0.02	0 (including US & UK)
Temporary employment - Female, Scotland	3	2.41	0.42	2.56	5
Temporary employment - Male, Scotland	2	5.15	0.17	3.67	9
Temporary employment - Female, USA	1	1.21	0	0	n/a
Temporary employment - Male, USA	0	0	0	0	n/a
Temporary employment - Female, Denmark	0	0	0	0	n/a
Temporary employment - Male, Denmark	0	0	0	0	n/a
Temporary employment - Female, France	0	0	0	0	n/a
Temporary employment - Male, France	0	0	0	0	n/a
Total	9	12.92	3.11	7.25	17

Full-time employees by gender and region (FTE)

Faroe Islands: Part time employment is calculated using data for employees on a monthly salary working fewer than 40 hours, or employees hourly paid working fewer than 35 hours (on average).

Scotland: All staff are salaried with guaranteed hours and part-time is calculated as less than 40 hrs per week. Processing & Harvesting Operative are guaranteed 30 hrs but expected to work 40 hrs if required, therefore calculated as full time FTE.

Region	2025	2024	2023	2022	2021
Full-time employment - Female, Faroe Islands	268	234.53	158.62	312.85	152 (including US & UK)
Full-time employment - Male, Faroe Islands	758	709.39	569.68	1,157.5	570 (including US & UK)
Full-time employment - Female, Scotland	72	73.65	83.07	96.66	101
Full-time employment - Male, Scotland	352	373.5	448.17	491.23	504
Full-time employment - Female, USA	8	8.51	3	5	n/a
Full-time employment - Male, USA	65	60.35	10.81	58	n/a
Full-time employment - Female, Denmark	25	28.51	37	26	n/a
Full-time employment - Male, Denmark	14	11.34	12.09	10	n/a
Full-time employment - Female, France	2	2	2	0.25	n/a
Full-time employment - Male, France	2	1	1	0.5	n/a
Full-time employment - Female, UK	n/a	n/a	n/a	1	n/a
Full-time employment - Male, UK	n/a	n/a	n/a	1	n/a
Total	1,566	1,503	1,325	1,470.35	1,327

Part-time employees by gender and region (FTE)

Region	2025	2024	2023	2022	2021
Part-time employment - Female, Faroe Islands	22	22.52	137.28	129.4	142 (including US & UK)
Part-time employment - Male, Faroe Islands	42	33.23	184.83	165.42	170 (including US & UK)
Part-time employment - Female, Scotland	2	2.71	3.89	4.99	5
Part-time employment - Male, Scotland	1	1.91	3.2	5.18	8
Part-time employment - Female, USA	0	0	2.06	0	n/a
Part-time employment - Male, USA	0	0	26.63	0	n/a
Part-time employment - Female, Denmark	2	2.34	0.96	2	n/a
Part-time employment - Male, Denmark	0	1.54	1.26	0	n/a
Part-time employment - Female, France	0	0	0	0	n/a
Part-time employment - Male, France	0	0	0	0	n/a
Part-time employment - Female, UK	n/a	n/a	n/a	0.17	n/a
Part-time employment - Male, UK	n/a	n/a	n/a	0	n/a
Total	69	64	360	307.16	325

Non-guaranteed hours employees

Gender	2025	2024	2023	2022
Non-guaranteed hours employees, Female	243	208	252	245.69
Non-guaranteed hours employees, Male	500	438	403	487.8
Total	743	646	655	733.49

Workforce by age (%)

%	2025	2024	2023	2022	2021
Under 30 years old	22%	20%	22%	24%	27%
30-50 years old	47%	48%	48%	47%	44%
Over 50 years old	31%	32%	30%	29%	29%

Diversity of governance bodies and employees (%)

Bakkafrost Board of Directors

Gender	2025	2024	2023	2022	2021
Female	33.3%	28.57%	33.3%	33.3%	16.6%
Male	66.6%	71.43%	66.6%	66.6%	83.3%

Directors reporting to the CEO

Gender	2025	2024	2023	2022	2021
Female	15.4%	12%	15.4%	25%	n/a
Male	84.6%	88%	84.6%	75%	n/a

Line Management (incl. Directors reporting to the CEO)

Gender	2025	2024	2023	2022	2021
Female	19.1%	21.1%	19.3%	19.9%	n/a
Male	80.9%	78.9%	80.7%	80.1%	n/a

Bakkafrost New Hires and Turnover

This includes all employees hired throughout the year, with the exception of seasonal temporary hires who have worked fewer than 173 hours (equal to one month), who have been excluded from this data.

Employee hires by gender (heads)

	2020	2021	2022	2023	2024	2025
Female	122	133	144	98	85	78
Male	273	333	453	221	230	324
Total	395	466	597	319	315	402

Employee hires by age (heads)

	2020	2021	2022	2023	2024	2025
Under 30 years old	221	249	299	170	171	206
30-50 years old	130	164	207	111	103	150
Over 50	44	53	91	38	41	46
Total	395	466	597	319	315	402

Employee turnover by gender (heads)

	2020	2021	2022	2023	2024	2025
Female	189	152	135	160	85	55
Male	342	412	399	368	297	235
Total	531	564	534	528	382	290

Employee turnover by age (heads)

	2020	2021	2022	2023	2024	2025
Under 30 years old	304	322	274	221	135	129
30-50 years old	149	151	170	188	149	112
Over 50	78	91	90	120	98	49
Total	531	564	534	528	382	290

Bakkafrost Employee Training

The data includes internal registered training hours, but excludes all training from external suppliers, and not organised by Bakkafrost.

Average training hours per Full Time Equivalent by gender

Gender	2020	2021	2022	2023	2024	2025
Female	2.4	5.2	10.0	10.8	13.93	15.1
Male	10.0	15.3	19.58	27.9	19.16	22.5

Percentage of employees that participated in regular performance and career development reviews (of FTE)

Gender	2022	2023	2024	2025
Female	1.67%	1%	10%	13%
Male	13%	10%	15%	16%

Annual compensation ratio

	2022	2023	2024	2025
Ratio of annual total compensation, highest-paid / median employee - Faroe Islands	7.24	8.6	7.52	7.25
Ratio of annual total compensation, highest paid / median employee - Scotland	n/a	9.2	8.67	8.06
Percentage increase, highest-paid / median employee - Faroe Islands	0 / 9.43%	28% / 9.84%	-0.86% / 10.56%	5.25% / 8.65%
Percentage increase, highest-paid / median employee - Scotland	n/a	18.36% / 4.43%	4% / 4.5%	4.5% / 3.5%

Employees covered by collective bargaining agreements

Country	2022	2023	2024	2025
Faroe Islands	92.97%	93.2%	91.49%	85.9%
Scotland	0%	0%	0%	0%
Denmark	78%	85.71%	100%	89.06%
US	0%	0%	0%	0%
France	0%	0%	100%	100%

Employees covered by agreements with conditions based on similar agreements

Country	2022	2023	2024	2025
Faroe Islands	7.03%	6.77%	8.51%	14.1%
Scotland	-	-	3%	9%
Denmark	0%	14.29%	0%	10.94%
US	0%	100%	100%	0%
France	0%	100%	0%	0%

Bakkafrost Occupational Health & Safety

	2022	2023	2024	2025
LTI	49	44	39	49
Lost days rate	56.77	26.55	20.18	24
Lost Time Injury Rate (LTIR)	14.88	13.98	12.90	15.6
Fatalities	0	0	0	0
Absence rate	4.53%	3.93%	3.54%	3.6%

Faroe Islands (incl. US & UK) (HISTORICAL DATA)

Year	Lost time injuries	Lost days rate	Lost time injury rate	Fatalities	Absence rate
2017	45	-	28.74	0	---
2018	19	19.8	13.07	0	---
2019	18	21.8	10.23	0	4.83%
2020	18	31.28	9.63	0	3.9%
2021	21	37.93	10.68	0	4.11%

Scotland (HISTORICAL DATA)

Year	Lost time injuries	Lost days rate	Lost time injury rate	Fatalities	Absence rate
2019	34	120.5	30.92	0	6%
2020	28	90.3	24.19	0	6%
2021	23	266	22.7	0	4.9%

Where applicable, data has been calculated according to industry standard GSI formulas.

NB this data is now restated for the whole company, not only the farming division, as has been previously reported to the Global Salmon Initiative.

In calculating ‘lost days’, Bakkafrost includes only scheduled work days, beginning the day after the accident or injury.

In calculation 'lost day rate', Bakkafrost includes the number of 'lost days' due to injury. Calculated as: (Total number of lost days/total number of working hours)x 180,000.

In calculating 'lost time injury rate', Bakkafrost includes the number of injuries at work and work-related, including fatalities, leading to unfitness for work and absence from the next working day or working shift between January – December. Calculated as: (Total number of lost time injuries/total number of working hours) x 1,000,000.

Number of fatalities of workers and contractors working at company premises between January – December.

All absence related to one's own personal health. Calculated as: Total number of absent days/Total work days

Occupational disease rate is not available.

Lost Days Rate by Business Area (Average number of absence days per injury)

Faroe Islands / USA / DK

Employee category	2018	2019	2020	2021	2022 (only Faroe Islands)	2023 (Faroe Islands)	2024 (Faroe Islands)	2025
Seafarers (Faroe Islands)	0	21.8	0	0	-	7.5	3.0	16.3
Sea farmers (Faroe Islands)	14.5	111.6	151.24	0	137.43	21.8	9.90	33.5
Hatchery farmers (Faroe Islands)	28.9	0	16.84	21.93	7.15	12	17.0	23.5
Processing (factory workers)	37.8	10.7	13.05	64.23	81.83	53.8	59.50	31.7
Havsbrún	0	0	0	47.44	-	10	3.50	5
Administration	0	0	0	10.73	22.37	0	0	40
USA	-	-	279.24	38.53	-	-	0	0
FØRKA								0
Flight crew								0
Total	19.8	21.8	31.28	37.93	55.54	25.24	21.70	33.2

Scotland

Employee category	2020	2021	2022	2023	2024	2025
Sea farmers	182.3	510.6	32.3	43.8	13.2	4.5
Hatchery farmers	45.4	0	26.4	5	35.5	4
Processing (factory workers)	57.6	192.83	19.1	9.5	22.4	6.2
Administration	0	0	0	0	0	0
Other	6.9	0	23.4	-	0	-
Total	90.3	266	23.96	36.7	22.9	5

Lost Time Injury Rate by Business Area (Rate of recordable work-related accidents per 1,000,000 hours worked)

Faroe Islands / USA / DK

Employee category	2018	2019	2020	2021	2022 (only Faroe Islands)	2023	2024	2025
Seafarers (Faroe Islands)	0	6.9	0	0	-	16.5	4.2	17
Sea farmers (Faroe Islands)	11	35.7	23.76	0	26.72	29.4	25	21.9
Hatchery farmers (Faroe Islands)	19.2	0	10.40	4.97	13.24	12.7	13.5	8.9
Processing (factory workers)	23.3	8.0	8.44	19.58	13.64	6.1	3.6	16.4
Havsbrún	0	6.0	0	5.38	-	14.3	9.4	4.6
Administration	0	0	0	7.45	16.57	0	0	6.6
USA	-	-	-	9.31	-	-	-	-
Total	12.8	10.2	9.63	10.68	12.22	12.4	9.0	14.16

Scotland

Employee category	2020	2021	2022	2023	2024	2025
Sea farmers	30.7	32.2	26.6	30.2	12.1	21.7
Hatchery farmers	21.9	0	31.5	6.35	42	16
Processing (factory workers)	30.2	30.6	12.9	9.7	25.2	32.6
Administration	0	0	0	0	0	0
Other	9.5	0	14.4	-	-	-
Total	24.19	22.7	19.43	17.9	14.6	19.65

Absentee Rate by Business Area

Faroe Islands / USA / DK

Employee Category	2019	2020	2021	2022 (only Faroe Islands)	2023	2024	2025
Seafarers	2.7%	2.3%	1.9%	-	1.93	1.1	2.78%
Sea farmers	4.4%	3.8%	2.7%	3.67%	3.84	3.16	3.61%
Hatchery farmers	2.7%	2.3%	2.6%	4.24%	3.65	3.38	3.76%
Processing (factory workers)	7.4%	6.1%	6.7%	6.99%	5.85	5.33	FO: 5.38% USA: 2.54% Denmark: 10.67%
Havsbrún	2.7%	1.1%	2.9%	-	2.69	2.71	2.35%
Administration	0.8%	0.4%	0.3%	1.26%	0.80	1.16	FO: 1.48% USA: 2.09% Denmark: 1.2%
USA	-	1.2%	1.5%	-	-	1.76	-
Packaging	-	-	4.5%	-	-	-	-
FØRKA	-	-	0.1%	-	0.14	0	1.23%
Total	4.83%	3.9%	4.11%	4.47%	3.95	3.41	FO: 3.82% USA 2.35% DK: 8.8%

Scotland

Employee Category	2020	2021	2022	2023	2024	2025
Sea farmers	3.9%	3.6%	3.05%	2.98%	3.19%	2.6%
Hatchery farmers	3.6%	2.6%	5.26%	1.43%	3.51%	2.1%
Processing (factory workers)	11.3%	7.5%	8.7%	4.19%	8.8%	5.8%
Administration	1.4%	1.3%	1.47%	1.03%	0.89%	0.7%
Other	6.6%	3.6%	3.7%	-	-	-
Total	6.4%	4.9%	4.9%	2.96%	4.15%

HEALTHY SALMON DATA

Customer Product Quality Score

	Not satisfied	Somewhat satisfied	Satisfied	More than or very satisfied	Reflecting views of customers representing share of total revenue
2016	0%	8%	30%	62%	-
2017	0%	4%	19%	77%	42%
2018	0%	3%	38%	59%	32%
2019	0%	2%	38%	60%	69%
2020	0%	4%	25%	71%	72%
2021	0%	2%	33%	65%	57%
2022	0%	8%	31%	62%	47%
2023	1%	4%	36%	59%	55%
2024	2%	2%	26%	70%	53%
2025	0%	5%	30%	65%	44%

Omega 3 levels and ratio to omega 6

Year	Omega 3 level	Omega 3 to 6 ratio
2016	2.5g per 100g	1.7
2017	2.2g per 100g	1.5
2018	2.4g per 100g	1.5
2019	2.7g per 100g	1.4
2020	2.6g per 100g	1.6
2021	2.5g per 100g	1.5
2022	2.47g per 100g	1.38
2023	2.42g per 100g	1.40
2024	2.53g per 100g	1.30
2025	2.42g per 100g	1.29

Dioxin and dioxin-like PCB and mercury levels in Bakkafrost salmon

	Dioxin levels	EU dioxin max level post 2012	Dioxin-like PCB levels	EU dioxin-like PCBs max level post 2012	Mercury levels	Mercury safety limits
2016	0.4 pg/g	3.5 pg/g	1.1 pg/g	6.5 pg/g dioxin	0.03 mg/g	---
2017	0.4 pg/g	3.5 pg/g	0.6 pg/g	6.5 pg/g dioxin	0.04 mg/g	---
2018	0.379pg/g	3.5 pg/g	0.631 pg/g	6.5 pg/g dioxin	0.05 mg/g	---
2019	0.206pg/g	3.5 pg/g	0.597 pg/g	6.5 pg/g dioxin	0.05 mg/g	0.5 mg/g
2020	0.316pg/g	3.5 pg/g	0.753 pg/g	6.5 pg/g dioxin	0.04 mg/g	0.5 mg/g
2021	0.329pg/g	3.5pg/g	0.633 pg/g	6.5 pg/g dioxin	0.04 mg/g	0.5 mg/g
2022	0.360 pg/g	3.5pg/g	0.415 pg/g	6.5 pg/g dioxin	0.05 mg/g	0.5 mg/g
2023	0.48 pg/g	3.5pg/g	0.72 pg/g	6.5 pg/g dioxin	0.04 mg/g	0.5 mg/g
2024	0.28 pg/g	3.5pg/g	0.32 pg/g	6.5 pg/g dioxin	0.03 mg/g	0.5 mg/g
2025	0.383 pg/g	3.5pg/g	0.463 pg/g	6.5 pg/g dioxin	0.04 mg/g	0.5 mg/g

Benchmark: https://www.hfs.fo

Nutritional profile

	Selenium	Iodine	Protein	Vitamin B12	Vitamin E	Vitamin D	EPA+DHA	Fat
2018	0.019 mg /100 g	0.009 mg /100 g	20.7 g /100 g	3.17 µg/100 g	2.77 mg/100 g	6.28 µg/100 g	-	-
2019	0.019 mg /100 g	0.010 mg/100g	20.0 g /100g	4.02 µg/100 g	3.83 mg/100 g	17.8 µg/100 g	-	-
2020	0.027 mg/100 g	0.006 mg/100g	21.0 g /100 g	3.00 µg/100 g	3.34 mg/100g	8.12 µg/100 g	-	-
2021	0.02 mg/100g	0.005 mg/100g	20.0g/100g	4.1 µg/100g	4.73 mg/100g	11.04 µg/100g	-	-
2022	0.018 mg/100g	0.051 mg/kg	20.89/100g	4.96 µg/100g	4.93 mg/100g	10.11 µg/100g	-	-
2023	0.02 mg/100g	0.08 mg/kg	20.37/100g	4.23 µg/100g	5.1 mg/100g	9.6µg/100g	1.31 g/100g	16.67 g/100g
2024	0.21 mg/100g	0.07 mg/100g	20.07 g/100g	4.25 µg/100g	4.77 mg/100g	7.56 µg/100g	1.39 g/100g	16.9 g/100g
2025	0.02 mg/100g	0.01 mg/100g	19.89 mg/100g	3.21 µg/100g	4.14 mg/100g	8.5 µg/100g	1.25 g/100g	16.1 g/100g
Daily recommended amount (EFSA)	0.07mg	0.15mg	58.1g	4 µg	12 mg	15 µg	0.25g	44-78g

Data calculated through an analysis of whole salmon variations between all Bakkafrost sales sizes from 3-4 kg up to 7+ kg.

Annual fish mortality rate

Faroe Islands

Year	Annual mortality rate
2016	6.33%
2017	8.96%
2018	11.56%
2019	4.57%
2020	10.29%
2021	8.24%
2022	4.91%
2023	7.3%
2024	6.6%
2025	4.29%

Scotland

Year	Annual Mortality Rate
2019	9.96%
2020	11.43%
2021	21.71%
2022	23.16%
2023	20.6%
2024	15.28%
2025	17.4%

Sea lice count

Faroe Islands

2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
0.8	0.7	0.47	0.43	0.45	0.43	0.28	0.28	0.22	0.27

Average number of adult female lice per fish over 12 months across all sites.

Scotland

2019	2020	2021	2022	2023	2024	2025
0.75	0.46	0.59	0.22	0.22	0.13	0.39

Causes of reduced survival

2021 Top causes for reduced survival

2023 Top causes for reduced survival

2024 Top causes for reduced survival

2025 Top causes for reduced survival

FAROE ISLANDS
Marine

• Treatment Handling
• Diseases (CMS)

• Reduced smolt quality

Freshwater
• Technical issues/accidents
• Reduced roe quality
• Treatment Handling

SCOTLAND
Marine
• Disease (Gill Health)
• Treatment Handling
• Transfer Mortality

Freshwater
• Technical incidents

• Physical (Deformity)

• Transfer

FAROE ISLANDS

Marine

• Handling mortality, treatments
• Seals

• Disease (CMS, HSMI, Gill health)

Freshwater
• Technical issues/accidents
• Low egg quality
• Start feeding mortality

SCOTLAND
Marine
• Disease (Gill health)
• Transfer mortality
• Enrionment (Water quality/blooms)

Freshwater
• Technical incidents

• Physical (Deformity)

• Transfer

FAROE ISLANDS

Marine

• Handling (Stocking, delousing, treatments)
• Seal predation

• Wounds

• Disease (ISAV, CMS)

Freshwater
• Technical issues/accidents
• Low egg quality
• Start feeding mortality

SCOTLAND
Marine
• Disease (Bacterial, Gill health)
• Transfer
• Physical

Freshwater
• Technical incidents

• Physical (Deformity)

• Transfer

FAROE ISLANDS

Marine

• Wounds (Winter Ulcers, Mechanical)

• Handling (delousing treatments, transfer)

• Other background mortality

Freshwater

• Startfeeding

• Production mortality (nephrocalcinosis, fungal

• Runts

SCOTLAND

Marine

• Disease (Gill health, bacterial)

• Smolt stocking

• Decreased robustness

Freshwater

• Diseases (bacterial, fungal)

• Water Quality

• Biosecurity

Medicine Use in Feed (grams of active pharmaceutical ingredients per tonne of live weight produced)

Faroe Islands

2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
0.17	0.44	0.187	0.194	0.30	1.89	5.52	0.47	0.32	0.07

Data calculated according to industry standard GSI formula.

Scotland

2019	2020	2021	2022	2023	2024	2025
0.439	0.341	0.411	0.491	0.43	0.18	0.35

Data calculated according to industry standard GSI formula.

Medicine in Bath Treatment (grams active pharmaceutical ingredients per tonne of live weight produced)

Faroe Islands

2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
5.98	2.11	0	0	0	1.06	2.7	3.27	1.05	1.42

Scotland

2019	2020	2021	2022	2023	2024	2025
0.287	0.515	0.209	0.389	0.03	0.04	0.11

Use of hydrogen peroxide

	Unit	2023	2024	2025
Faroe Islands	g pr. tonne LWE	0	0	0
Scotland	g pr. tonne LWE	0	0	0

Used non-medicinal Treatments

Faroe Islands

Method	2021	2022	2023	2024	2025
Cleaner fish	Yes	Yes	Yes	No	No
Freshwater treatments	No	Yes	Yes	Yes	Yes
Anti-Sea Lice Functional Feed	Yes	Yes	No	No	No
Thermal treatments (i.e. Thermolicer / Optilicer)	Yes	Yes	Yes	Yes	No
Resistant Roe	Yes	Yes	Yes	Yes	Yes
Mechanical delousing (i.e. SFI/FLS)	Yes	Yes	Yes	Yes	Yes
Preventive skirts, Other	Yes	Yes	Yes	Yes	Yes

Bakkafrost in the Faroe Islands does not use any antibiotics to treat Atlantic salmon and hasn’t since 2004.

Scotland

Method	2021	2022	2023	2024	2025
Cleaner fish	Yes	Yes	Yes	Yes	Yes
Freshwater treatments	Yes	Yes	Yes	Yes	Yes
Anti-Sea Lice Functional Feed	Yes	Yes	Yes	Yes	Yes
Thermal treatments (i.e. Thermolicer / Optilicer)	Yes	Yes	No	No	No
Resistant Roe	Yes	Yes	Yes	Yes	Yes
Mechanical delousing (i.e. SFI/FLS)	Yes	Yes	Yes	Yes	Yes
Preventive skirts, Other	-	Yes	Yes	Yes	Yes

Vaccinations Use

Faroe Islands

Vaccination	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Pentium Forte plus ILA	Yes 22,000 ml	0 ml	0 ml	1,152,000 ml	997,000 ml	428,000 ml	266,362 ml	0 ml	0 ml	0 ml
Alphaject micro 7	Yes 551,500 ml	Yes 650,250 ml	Yes 592,000 ml*	118,000 ml	318,000 ml	534,750 ml	617,229 ml	745,220 ml	100,877 ml	1,185,549 ml
AlphaJect Micro 6	0 ml	0 ml	0 ml	0 ml	0 ml	0 ml	0 ml	0 ml	900 ml	0 ml
Alphaject Moritella	0 ml	0 ml	0 ml	0 ml	0 ml	0 ml	0 ml	0 ml	0 ml	215,189 ml

*Please note a small correction in 2018 data - from 12,014,510 ml, due to a manual error

Scotland

Vaccination	2019	2020	2021	2022	2023	2024	2025
AlphaJect Micro 1 PD	341,320 ml	309,345 ml	301,303 ml	390,371 ml	40,360 ml	4900 ml	2,060 ml
AlphaJect Micro 6	287,928 ml	200,133 ml	153,662 ml	390,371 ml	222,430 ml	363,730 ml	391,370 ml
AlphaJect Micro 4	0 ml	0 ml	0 ml	0 ml	0 ml	70,020 ml	0 ml
AlphaJect 2-2	106,784 ml	235,368 ml	302,981 ml	0 ml	0 ml	0 ml	0 ml
Aquavac PD3	28,795 ml	39,307 ml	59,248 ml	70,897 ml	226,970 ml	0 ml	0 ml
Clynav	0	18,131 ml	13,962 ml	0 ml	179,850 ml	358,830 ml	395,290 ml
Winvil	0	15,957 ml	0	0 ml	0 ml	0 ml	0 ml
Autogenous dip	341,000 ml	259,000 ml	372,000 ml	263,000 ml	617,800 ml	912,000 ml	662,240 ml
Aquavac Relera ERM Dip (2)	0	0	40,000 ml	0 ml	175,500 ml	0 ml	0 ml
Aquavac Ridgeway ERM (Dip 1)	0 ml	0 ml	0 ml	0 ml	459,250 ml	0 ml	0 ml
Aquavac Ridgeway ERM (Dip 2)	0 ml	0 ml	0 ml	0 ml	158,550 ml	0 ml	0 ml

Collaboration and certification

Faroe Islands

Certification

2018 number of sites

2018 % of ASC salmon

2019 number of sites

2019 % of ASC salmon

2020 number of sites

2020 % of ASC salmon

2021 number of sites

2021 % of ASC salmon

2022 number of sites

2022 % of ASC salmon

2023 number of sites

2023 % of ASC salmon

2024 number of sites

2024 % of ASC salmon

2025 number of sites

2025 Sites certified against ASC

ASC

41%

70% of sites

80% of salmon harvested in 2019

100%

Scotland

Certification	2020 number of sites	2020 % of sites certified	2021 number of sites	2021 % of sites certified	2022 number of sites	2022 % of sites certified	2023 number of sites	2023 % of sites certified	2024 number of sites	2024 % of sites certified	2025 number of sites	2025 % of sites certified
BAP	44	100%	41	100%	39	100%	48	100%	36	100%	0	0%
ASC	0	0%	0	0%	0	0%	14	43%	27	84%	31	97%

Overview of certifications 2025

Overview of certifications
FEED
Business Unit	Feed Mill	Certifications
Havsbrún Feed	Havsbrún P/F Faroe Islands	ASC, Global G.A.P. / VLOG, ISO9001:2015, VLOG, MSC Chain of Custody, Label Rouge, GMP+, Marin Trust, Non-GMO
Our feed raw materials are certified according to our sourcing policy
FARMING - FRESHWATER
Business Unit		Certifications
Bakkafrost Faroe Islands		Global G.A.P. / VLOG,, NON-gmo
Bakkafrost Scotland		Global G.A.P. / Label Rouge, Code of Good Practice (Scottish Finfish Code of Good Practice), RSPCA Assured, ISO 14001, Non-GMO
FARMING - MARINE
Business Unit		Certifications
Bakkafrost Faroe Islands		ASC (100%), Global G.A.P. / VLOG, Non-GMO
Bakkafrost Scotland		ASC (97%), Global G.A.P., Label Rouge, PGI, Code of Good Practice (Scottish Finfish Code of Good Practice), RSPCA assured, ISO 14001, Non-GMO
PROCESSING
Business Unit	Factory	Certifications
Bakkafrost Faroe Islands	Glyvrar	BRC GS, IFS, Global G.A.P. / VLOG, ASC Chain of Custody, Kosher, SEDEX, Non-GMO
Bakkafrost Faroe Islands	Vágur	BRC GS, IFS, Global G.A.P. / VLOG, ASC Chain of Custody, Kosher, SEDEX, Non-GMO
Bakkafrost Scotland	Cairndow	BRC GS, Global G.A.P, Label Rouge, PGI, Code of Good Practice (Scottish Finfish Code of Good Practice), RSPCA assured, Kosher, ISO14001, SEDEX, Non-GMO
Bakkafrost Scotland	Marybank	BRC GS, Global G.A.P, Label Rouge, PGI, Code of Good Practice (Scottish Finfish Code of Good Practice), RSPCA assured, Kosher, ISO14001, SEDEX, Non-GMO
Bakkafrost USA	New Jersey	Global G.A.P. / VLOG, ASC Chain of Custody, Kosher, BRC GS, Non-GMO
ADMINISTRATION
Business Unit
Faroe Islands		ISO 9001, ISO 14001, ISO 45001
Scotland, Whole Company		ISO 14001, ISO 45001

Health & Safety Impacts of Products - Assessment

Development of product concept	Yes
Research and development	Yes
Certification	Yes
Manufacturing and production	Yes
Marketing and promotion	Yes
Storage, distribution, and supply	Yes
Use and service	Yes
Disposal, reuse, or recycling	N/A

HEALTHY ENVIRONMENT DATA

Biological Feed Factor (kg feed needed to grow 1 kg of salmon)

Faroe Islands

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Biological feed factor	1.13	1.18	1.17	1.12	1.08	1.06	1.06	1.096	1.11	1.106

Scotland

	2020	2021	2022	2023	2024	2025
Biological feed factor	1.18	1.21	1.26	1.18	1.21	1.116

Average Fallow Time Between Production Cycles (weeks)

Faroe Islands

2016 Average fallow time	2017 Average fallow time	2018 Average fallow time	2019 Average fallow time	2020 Average fallow time	2021 Average fallow time	2022 Average fallow time	2023 Average fallow time	2024 Average fallow time	2025
10.8	15.5	15.6	17.3	20.6	12.8	18.5	20.08	16	13.46

Please note, in the Faroes, the veterinarian standard requires a fallow time of eight weeks

Scotland

2019 Average fallow time	2020 Average fallow time	2021 Average fallow time	2022 Average fallow time	2023 Average fallow time	2024 Average fallow time	2025
16.0	13.7	16.4	12.8	17.9	19.6	19.21

Wildlife Fatalities

Faroe Islands

Birds			Mammals
	Accidental mortalities	Intentional mortalities	Accidental mortalities	Intentional mortalities
2016	1.7	0	0	1.3
2017	1.6	0	0	4.9
2018	3.6	0	0	1.24
2019	6.9	0	0	1.40
2020	0.5	0	0	0.15
2021	0.8	0	0	0
2022	0.7	0	0	0
2023	0.43	0	0	0
2024	0.6	0	0	0
2025	0.18	0	0	0

Scotland

Birds			Mammals
	Accidental mortalities	Intentional mortalities	Accidental mortalities	Intentional mortalities
2019	0	0	0	0.39
2020	0	0	0	0.36
2021	0.275	0	0	0.15
2022	0.43	0	0	0
2023	0.28	0	0	0
2024	0.06	0	0	0
2025	0.14	0	0	0

BIODIVERSITY

Fish Escapes

Faroe Islands

Date	Species name	Number of fish (after net recapture)	Freshwater or seawater	Reasons identified
2016	No incidents in report	No incidents in report	No incidents in report	No incidents in report
2017	Atlantic salmon	109,515 on 7 December	Seawater	Extreme weather conditions
2018	No incidents in report	No incidents in report	No incidents in report	No incidents in report
2019	Atlantic salmon	141,564 on 10 April		Extreme weather conditions
2020	Atlantic salmon	368,998 on 01 mars	Seawater	Extreme weather
2021	Atlantic salmon	32,821	Seawater	Hole in net identified during operation handling the net
2022	Atlantic salmon	0	-	-
2023	Atlantic salmon	251,344	Seawater	Hole in net
2024	Atlantic salmon	2	Seawater	Related to veterinary visit
2025	Atlantic salmon	0	-	-

Scotland

Date	Species name	Number of fish (after net recapture)	Freshwater or seawater	Reasons identified	Details of mitigation strategy/ corrective action
2019	Atlantic salmon	4,465 on 25th April	Freshwater	Hole in net (snag from helicopter downdraft))	Review of helicopter procedures, and on site checks
2020	Atlantic salmon	13,952 on 14th January	Seawater	Hole in net (severe weather)	Review equipment
2020	Atlantic Salmon	20 in October	Freshwater	Vandalism	N/A
2020	Atlantic Salmon	~50,000 on 31 Dec	Seawater	Hole in pen (seal)	SealPro nets being deployed, fish moved off site in short term
2021	-	0	-	-	-
2022	-	0	-	-	-
2023	-	0	-	-
2024	Atlantic Salmon	301	Seawater	Smolt loading (tranfer line broke, majority of the fish were collected but some dropped over the pier)	Efforts were taken to retrieve any fallen fish
2025	Atlantic Salmon	0	-	-	-

We had no cases of non-compliance with environmental laws and/or regulations, or any fines in 2024 and 2025.

Bakkafrost Organic Loading of Seabed

Faroe Islands

	Loading of Seabed 2017/2018	Loading of Seabed 2018/2019	Loading of Seabed 2019/2020	Loading of Seabed 2020/2021	Loading of seabed 2021/2022	Loading of seabed 2022/2023	Loading of seabed 2023/2024	Loading of seabed 2024/2025
Low/medium impact (no measures needed or taken)	79% of frames	91 % of frames	89% of frames	80% of frames	85.3% of frames	96.9% of frames	82% of frames	76.5% of frames
High organic loading (measures taken to minimise impact)	21% of frames	9 % of frames	11% of frames	20% of frames	14.7% of frames	3.1% of frames	18% of frames	23.5% of frames

Using MOM-B scoring system, measured at peak biomass.

Please see the Faroese Environment Agency website for more information.

Please note, in 2018 the methodology for reporting was updated to only include organic loading. This is reflected in 2018/2019 data.

Scotland

	2018/2019	2019/2020	2020/2021	2021/2022	2022/2023	2023/2024	2024/2025
Low/medium impact (no measures needed or taken)	78.95 % of sites assessed	90 % of sites assessed	94% of sites assessed	100% of sites assessed	100% of the sites assessed	100% of the sites assessed	92.5% of the sites assessed
High organic loading (measures taken to minimise impact)	21.05 % of sites assessed	10 % of sites assessed	6% of sites assessed	0% of sites assessed	0% of the sites assessed	0% of the sites assessed	7.5% of the sites assessed

Using the Scottish Environmental Protection Agency (SEPA) benthic monitoring scoring system, measured within one month of 75% of peak biomass.

NOTE – This methodology is different to the methodology used in the Faroes (MOM-B)

Energy Consumption

Group

ENERGY CONSUMPTION AND EMISSIONS - GROUP	2020	2021	2022	2023	2024	2025
Energy Consumption	[kWh]	[kWh]	[kWh]	[kWh]	[kWh]	[kWh]
Direct energy use - scope 1	338,249,751	286,953,462	358,094,311	489,241,073	473,428,661	584,289,468
Indirect energy [electricity] use - scope 2	77,807,180	84,301,681	89,775,154	102,596,482	106,966,840	118,227,860
Total energy use	416,056,931	371,255,143	447,173,434	591,837,554	580,395,501	702,517,328

GHG Emissions	2020 [TCO2e]	2021 [TCO2e]	2022 [TCO2e]	2023 [TCO2e]	2024 [TCO2e]	2025 [TCO2e]	YOY Change from 2020 (base year)
Direct energy use - scope 1	88,510	74,881	94,547	129,127	123,839	147,659	39%
Indirect energy [electricity] use - scope 2 (location-based)	30,437	31,851	27,332	32,998	29,328	37,483	-4%
Total emissions from energy (scope 1 and 2)	118,947	106,732	121,841	162,125	153,167	185,142	13%
Total scope 3 emissions (see boundary below)	406,207	398,121	429,565	506,191	552,247	708,178	30%
Total emissions (Scope 1, 2 & 3)	525,154	504,853	551,406	668,316	705,414	893,320	24%

GHG Intensity
Tonnes of product sold	127,658 [Tonnes]	123,478 [Tonnes]	135,810 [Tonnes]	156,646 [Tonnes]	137,182 [Tonnes]	135,462 [Tonnes]	7%
tCO2e emitted per tonne of product sold (all Bakkafrost Faroe Islands/Scotland) - Scope 1, 2	0.93	0.86	0.90	1.04	0.910	1.367	-2%
tCO2e emitted per tonne of product sold (all Bakkafrost Faroe Islands/Scotland) - Scope 3	3.18	3.22	3.16	2.80	3.84	5.23	21%

The table above outlines the energy consumption and GHG emissions for scope 1, 2 and 3 between 2020 and 2025. Please note:

• Energy consumption and GHG emissions are now reported from our selected base year (2020) to the most recent reporting period.

• As of 2024, energy consumption and GHG emissions for Bakkafrost Faroe Islands, US, Scotland, France and Munkebo (Denmark) are reported together. This includes energy consumption from:
• Bakkafrost Faroe Islands - biogas, broodstock, hatcheries, farming, harvesting, processing (including smokery), packaging used for fishmeal, oil and feed production, and biogas production to be sold to the national grid.
• Bakkafrost US - fishmeal, oil and feed, packaging which we produce and sell to other fish farmers, and service vessels used for other farms.
• Bakkafrost France – office energy consumption and purchased fish.
• Bakkafrost Scotland - all our farming, harvesting, and processing operations.
• Munkebo Denmark – site energy consumption.

• Our two-and-a-half-year production cycle means there is some variability in production. Environmental data will be impacted by this, and trends will be most meaningful over a four-year period. This should be taken into account when comparing data.

• Electricity consumption (Scope 2) gives rise to indirect emissions, i.e. via combustion of fossil fuels by the power company to generate energy. Direct emissions (Scope 1) result from the combustion of fossil fuels, i.e. solid, liquid or gas for heating, creating propulsion in vessels etc.

• The methodology used for the carbon accounting is The Greenhouse Gas Protocol, a Corporate Accounting and Reporting Standard (Revised Edition).

• We quantified our indirect scope 3 emissions for Bakkafrost Faroe Islands in 2019, and Bakkafrost Scotland in 2021. We reviewed the 15 Scope 3 categories of the GHG Protocol and identified 9 that were material for which there was good primary evidence available to estimate associated emissions. Using industry carbon benchmark data, we estimated the emissions associated with each category. This included downstream transportation and distribution of products, purchased goods or services, use of sold products, end-oflife treatment of sold products, upstream transportation and distribution, employee commuting, business travel, fuel and energy related activities and waste generated in operations. Since undertaking the initial exercise, we have added processing of sold products for sold oil and waste products. We endeavor to report this figure on an annual basis. We are aware that, in future, further categories may be included within the scope of our Scope 3 calculation.

• The chosen consolidation approach for emissions was operational control. All figures are direct consumption reported for each Business Unit, multiplied by an energy conversion factor (as appropriate) and carbon emission factor per unit consumed.

• All emission and conversion factors for direct emissions (Scope 1) are from BEIS [UK] 2025’s dataset, while emission factors for electricity use are based on the most recent statistical data available obtained from IEA, BEIS, or direct from Umhvørvisstovan, the Faroe Islands Environment Agency.

• Tonnes of Carbon Dioxide equivalent (tCO2e) has been calculated and stated here – this then takes account of the global warming potential attributed to the other two key greenhouse gases associated with combustion of fossil fuels, in addition to carbon-dioxide (CO2 ), i.e. methane (CH4) and nitrous oxide (N2O).

Freshwater withdrawals

2020 Volume of municipal water

2021 Volume of municipal water

2022 (Group)

2023 (Group)

2024 (Group)

2025 (Group)

493,559 m3 (Glyvrar)

59,994 m3 (Vágur)

149,943 m3 (Havsbrún)

13,705 m3 (US operations)

59,130 m3 (Marybank, Scotland)

529,930 m3 (Glyvrar)

86,753 m3 (Vágur)

112,978 m3 (Havsbrún)

4,437 m3 (FØRKA)

13,440 m3 (Strond)

20,783 m3 (US operations)

53,901 m3 (Marybank, Scotland)

119 m3 (Harris and Lewis Smokehouse)

284,301 m3 (Munkebo, DK)

Purchased water

Glyvrar, FO: 539,602 m3

Vágur, FO: 97,594 m3

Havsbrún Fish Feed dep., FO: 9,096 m3

Havsbrún Fish Meal dep., FO: 134,474 m3

FØRKA, FO: 6,218 m3

US: 16,830 m3

Marybank, SCO: 43,937 m3

Harris and Lewis smokehouse, SCO: 87 m3

Munkebo, DK: 299,650 m3

Total purchased water: 1,147,488 m3

Water free of charge

Total: 7,821,205 m3

Total water withdrawals:

Fresh surface water, including rainwater, water from wetlands, rivers, and lakes: 14,232,623 m3

Groundwater - non renewable: 282,863 m3

Produced/entrained water: 0 m3

Third party: 66,169 m3

Total water withdrawals:

Brackish surface water/Seawater: 9,388,615 m3

Fresh surface water, including rainwater, water from wetlands, rivers, and lakes: 14,025,007 m3

Groundwater - non renewable: 328,171 m3

Third party: 31,449

Total water withdrawals:

Brackish surface water/Seawater: 9,397,981 m3

Fresh surface water, including rainwater, water from wetlands, rivers, and lakes:
16,168,564 m3

Groundwater - non renewable:
9389,784 m3

Produced/entrained water:
0 m3

Third party: 2,368 m3

Total: 25,958,697 m3

Effluent Water Data

Effluent water data only includes data from harvest and VAP at our processing plant.

Year	Site	Destination	Volume	Quality	Treatment method	Reuse
2018	FO 125 Glyvrar	Skálafjørður	671,903m3	Faroese environmental and veterinary regulations	200 µm filtration, flotation and disinfection by hydrolysis of seawater	No
2019	FO 125 Glyvrar	Skálafjørður	904,521m3	Faroese environmental and veterinary regulations	200 µm filtration, flotation and disinfection by hydrolysis of seawater	No
2020	FO 125 Glyvrar	Skálafjørður	634,955m3	Faroese environmental and veterinary regulations	200 µm filtration, flotation and disinfection by hydrolysis of seawater	No
2020	Marybank	Stornoway	55,650m3	Scottish Water Trade Effluent Discharge Limits	Filtration (400 microns) and flocculation	No
2021	Glyvrar	Skálafjørður	695,396 m3	Faroese environmental and veterinary regulations	200 µm filtration, flotation and disinfection by hydrolysis of seawater	No
2021	Havsbrún	Fuglafjørður	141,854 m3	Faroese environmental and veterinary regulations	-	No
2021	Marybank	Stornoway	59,901 m3	Scottish Water Trade Effluent Discharge Limits	Filtration (400 microns) and flocculation	No
2022	Group	Group	Glyvrar: 725,064 m3 Vágur: 311,901 m3 FØRKA: 1,447 m3 Havsbrún: 112,323 m3 Harris and Lewis smokehouse: 83 m3 Marybank: 62,941 m3 Bakkafrost US: 16,845 m3 Munkebo: 11,575 m3 Total: 1,242,179 m3	Relevant country regulation
2023	Group	Group	Total by destination: Brackish surface water/seawater: 10,830,232 m3 Third party destination: 69,041 m3 Fresh surface water: 3,498,039 m3
2024	Group	Group	Total by destination: Brackish surface water/seawater: 10,507,847 m3 Third party destination: 51,025 m3 Fresh surface water: 4,021,430
2025	Group	Group	Total by destination: Brackish surface water/seawater: 18,941,114 m3 Third-party destination: 25,197 m3 Fresh surface water: 5,615,479 m3

Waste Data

Group

New reporting according to ESRS standard:

Diverted from disposal		2023	2024	2025
Hazardous waste
Preperation for reuse	Tonnes	0	0	0
Recycling	Tonnes	230	292	347
Other recovery	Tonnes	0	0	293
Total hazardous waste diverted from disposal	Tonnes	230	292	640

Non-hazardous waste
Preperation for reuse	Tonnes	2,518.50	162	4,964
Recycling	Tonnes	1,483.47	1,036	1,788
Other recovery	Tonnes	13,681.12	14,448	14,754
Total non-hazardous waste diverted from disposal	Tonnes	17,683.09	15,646	21,506

Diverted to disposal
Hazardous
Incineration	Tonnes	1.19	1	3
Landfill	Tonnes	0	5	0
Other disposal methods	Tonnes	0	0	2
Total hazardous waste diverted to disposal	Tonnes	1.19	6	5

Non-hazardous
Incineration	Tonnes	2,923.85	2,049	2,070
Landfill	Tonnes	4,163.63	1,737	536
Other disposal methods	Tonnes	0	0	0
Total non-hazardous waste diverted to disposal	Tonnes	7,087.48	3,787	2,606


Total waste generated	Tonnes	25,001.71	19,732	24,757

Historical Reporting: Reporting according to GRI standard for 2022

Offsite		2022	2021
Non-Hazardous waste		16.471
-Diverted from disposal	Tonnes	11.191	n/a	*Reuse, recycling, composting, recovery and biodiesel
-Directed to disposal*	Tonnes	5.279	n/a	*Energy recovery, incineration, landfill and other
Hazardous waste	Tonnes	258
-Diverted from disposal*	Tonnes	257	n/a	*Reuse, recycling, composting, recovery and biodiesel
-Directed to disposal*	Tonnes	1	n/a	*Energy recovery, incineration, landfill and other
Total offsite waste	Tonnes	16.729
Onsite
Non-Hazardous waste	Tonnes	8.636
-Diverted from disposal*	Tonnes	8.636	n/a	*Reuse, recycling, composting, recovery and biodiesel
-Directed to disposal*	Tonnes	0	n/a	*Energy recovery, incineration, landfill and other
Total onsite waste	Tonnes	8.636

Total waste	Tonnes	25.365
-Diverted from disposal*	%	79%	n/a	*Reuse, recycling, composting, recovery and biodiesel
-Directed to disposal*	%	21%	n/a	*Energy recovery, incineration, landfill and other

Resource inflows

Total weight of all key materials sourced

	Unit	2025	2024	Share of 2025 volumes, which were sustainably sourced
Marine Raw Materials	Tonnes	383,998	327,068	99.9%
Agricultural commodities	Tonnes	79,926	67,856	100%*
Packaging materials	Tonnes	5,060	4,579	16%
Roe (eggs) & Smolt (externally sourced)	Tonnes	2,229	3,344	n/a
Freshwater withdrawals	Tonnes	25,958,697	23,852,876	n/a

*Wheat and rapeseed oil as products are yet to be covered by a sustainability certification scheme. Thus, these quantities have been excluded from the calculation of the share of volumes certified.

Metric	Unit	2023	2024	2025
Weight in absolute value of secondary reused or recycled components, secondary intermediary products and secondary materials used to manufacture the undertaking’s products and services (including packaging)	Tonnes	648.59	407.4	490
Weight in percentage of secondary reused or recycled components, secondary intermediary products and secondary materials used to manufacture products and services (including packaging)	Percentage	17.8%	10%	8%

Resource outflows

Metric	Unit	2023	2024	2025
Tonnes of recyclable content in products and their packaging.	Tonnes	3,044	3,550	5,310
The rates of recyclable content in products and their packaging.	Percentage	84%	86%	85%
Total weight of packaging materials	Tonnes	3,638	4,130	6,227

Packaging Data

Reported until 2022, then switching to ESRS standard

Faroe Islands

Description	Source	Material	Renewable/Non-renewable	Material weight 2018	Material weight 2019	Material weight 2020	Material weight 2021	Material weight 2022
Paper and cardboard boxes	Sourced	Paper and cardboard	2022: 1,090t recyclable, 146t non-recyclable	598 tonnes	1,108 tonnes (810 FSC certified)	1,518 tonnes (1,336 FSC certified)	1062 tonnes (100% FSC certified)	1,236 tonnes (100% FSC certified)
Plastic packaging materials	Sourced	Plastic	2022: 486t recyclable 447t non-recyclable	458 tonnes	650 tonnes	824 tonnes	907 tonnes	933 tonnes
Polystyrene boxes	Produced	Polystyrene	Non-renewable	1,554 tonnes	1,690 tonnes	1,064 tonnes	1665,75 tonnes	1,549 tonnes
Pallets	Sourced	Timber	Non-renewable	967 tonnes	867 tonnes	724 tonnes	1,112 tonnes	1,050 tonnes
Pallets	Sourced	Timber	Reusable	118 tonnes	179 tonnes	302 tonnes	252 tonnes	286 tonnes

Scotland

Description	Source	Material	Renewable/Non-renewable	Material weight 2018 (T)	Material weight 2019 (T)	Material weight 2020 (T)	Material weight 2021 (T)	Material weight 2022 (T)
Paper and cardboard boxes	Sourced	Paper and cardboard	Recyclable	59,13	112,31	168,18	152,577	98.92
Plastic packaging materials	Sourced	Plastic	Non-renewable	44,90	144,425	66,46	57,68	53.52
Polystyrene boxes	Sourced	Polystyrene	Non-renewable	706,25	773,59	919,5	847,949	913.69
Pallets	Sourced	Timber	Reusable	299,98	332,62	848,12	782,89	577.35

Use of Marine Ingredients in Feed - Havsbrún

Reflecting inclusion in feed used at Group level

2016

Forage Fish Dependency Ratio - Meal (FFDRm)

2017 Forage Fish Dependency Ratio - Meal (FFDRm)

2018 Forage Fish Dependency Ratio - Meal (FFDRm)

2019 Forage Fish Dependency Ratio - Meal (FFDRm)

2020 Forage Fish Dependency Ratio - Meal (FFDRm)

2021 Forage Fish Dependency Ratio - Meal (FFDRm)

2022 Forage Fish Dependency Ratio - Meal (FFDRm)

2023 Forage Fish Dependency Ratio - Meal (FFDRm)

2024 Forage Fish Dependency Ratio - Meal (FFDRm)

2025 Forage Fish Dependency Ratio - Meal (FFDRm)

1.17

1.10

1.14

0.89

0.99

0.94

0.91

0.751

1.026

1.108

2016 Forage Fish Dependency Ratio - Oil (FFDRo)	2017 Forage Fish Dependency Ratio - Oil (FFDRo)	2018 Forage Fish Dependency Ratio - Oil (FFDRo)	2019 Forage Fish Dependency Ratio - Oil (FFDRo)	2020 Forage Fish Dependency Ratio - Oil (FFDRo)	2021 Forage Fish Dependency Ratio - Oil (FFDRo)	2022 Forage Fish Dependency Ratio - Oil (FFDRo)	2023 Forage Fish Dependency Ratio - Oil (FFDRo)	2024 Forage Fish Dependency Ratio - Oil (FFDRo)	2025 Forage Fish Dependency Ratio - Oil (FFDRo)
2.20	1.36	1.26	1.19	0.86	0.65	0.72	0.433	1.362	0.89

Havsbrún Feed Composition 2025 - Raw materials used in production

Marine raw materials: 51%
Plant raw materials: 46%
Others: 3%

Source of Marine Products gone into feed produced in reporting year

Please see our Ocean Disclosure Project profile for more information on the fisheries we source from.

2025		Species/ fishery status		Raw Material		Certifications/Improver projects	Dietary nutrient source		Vessel origin & fisheries
Species	Volumes (tonnes)	IUCN redlist	Legal, reported & regulated	Whole fish	Trimmings^1	MSC / Marin Trust / Marin Trust IP / FIP NAPA	Protein^2	Oil	Origin^3	FAO catch area	Catch method
Blue Whiting	56,147	No	Yes	X	X	X	X	X	FO, GR, UK, NO, IS, EU	27	Pelagic Trawl
Atlantic herring	7,161	No	Yes		X	X	X	X	FO, GR, NO, IS, EU	27	Pelagic Trawl, Purse seine
Atlantic mackerel	5,710	No	Yes		X	X	X	X	FO, GR, NO, IS, EU	27	Pelagic Trawl, Purse seine
Greater argentine	702	No	Yes		X	X	X		FO	27	Midwater trawl
European Sprat	49	No	Yes	X			X
Antarctic krill	1,350	No	Yes			X			Antarctic	48	Trawl
Anchovy	3,973	No	Yes	X		X		X

Trimmings is defined in accourdance with the ASC salmon standard 1.3 July 2019, as by-products when fish are processed for human consumption or if whole fish is rejected for use of human consumption because the quality at the time of landing does not meet official regulations regarding fish suitable for human consumption
Protein covers fishmeal, fish protein concentrate and krill meal.
FI: Faroe Islands; GR: Greenland; NO: Norway; IS: Iceland; UK; EU

HEALTHY COMMUNITIES DATA

Contributed DKK 4.5 million DKK to local causes including sport, arts and culture, education, and social inclusion.

Our community investment policy can be found here: Link

Faroe Islands

Categories	2022	2023	2024	2025
Local sports clubs	50%	45%	65%	42%
Arts and culture	5%	10%	20%	10%
Social inclusion of the elderly or the disabled	3%	2%	1%	0%
Other local giving	8%	7%	11%	20%
Environment and biodiversity	31%	32%	2%	5%
Other	0%	0%	0%	23%

Scotland

Categories	2022	2023	2024	2025
Arts and culture	30%	21%	78%	23%
Local sports clubs	20%	26%	15%	22%
Social inclusion of the elderly or the disabled	0%	0%	0%	5%
Other local giving	0%	0%	0%	33%
Environment and biodiversity, inclusive Salmon Scotland Wild Salmonid Fund	50%	53%	8%	0%
Other	0%	0%	0%	18%

In 2022, 60% of our suppliers were local in the Faroe Islands and Scotland.

In 2023, 70% of our suppliers were local in the Faroe Islands and Scotland.

In 2024, 66% of our suppliers were local in the Faroe Islands and Scotland.

In 2025, 61% of our suppliers were local in the Faroe Islands and Scotland

Memberships of Associations

UN Global Compact
Global Salmon Initiative
EU Fishmeal
Vinnuhúsið
Eysturoyar Vinnufelag
Fuglafjarðar Vinnufelag
HBF Faroese Aquaculture Association
IFFO
FAG Faroese Employers Association
Global Aquaculture Alliance
Salmon Scotland (Scottish Salmon Producers Organisation)
Scotland Food and Drink
Scottish Quality Salmon (SQS)
Business in the Community (BITC)
IOD (Institute of Directors)
SCDI (Scottish Council for Development and Industry)
China Britain Business Council
Asia Scotland Institute
SEDEX
Lantra
Dansk Industri
Mental Health Forum
NEBOSH

Data

HEALTHY BUSINESS DATA

Markets Served

Customer Net Promoter Score

HEALTHY PEOPLE DATA

Bakkafrost Workforce

Employees by gender and region (FTE)

Workforce by type of employment

Permanent employees by gender (FTE)

Temporary employees by gender and region (FTE)

Full-time employees by gender and region (FTE)

Part-time employees by gender and region (FTE)

Non-guaranteed hours employees

Workforce by age (%)

Diversity of governance bodies and employees (%)

Bakkafrost Board of Directors

Directors reporting to the CEO

Line Management (incl. Directors reporting to the CEO)

Bakkafrost New Hires and Turnover

Employee hires by gender (heads)

Employee hires by age (heads)

Employee turnover by gender (heads)

Employee turnover by age (heads)

Bakkafrost Employee Training

Average training hours per Full Time Equivalent by gender

Percentage of employees that participated in regular performance and career development reviews (of FTE)

Annual compensation ratio

Employees covered by collective bargaining agreements

Employees covered by agreements with conditions based on similar agreements

Bakkafrost Occupational Health & Safety

Lost Days Rate by Business Area (Average number of absence days per injury)

Lost Time Injury Rate by Business Area (Rate of recordable work-related accidents per 1,000,000 hours worked)

Absentee Rate by Business Area

HEALTHY SALMON DATA

Customer Product Quality Score

Omega 3 levels and ratio to omega 6

Dioxin and dioxin-like PCB and mercury levels in Bakkafrost salmon

Nutritional profile

Annual fish mortality rate

Sea lice count

Causes of reduced survival

Medicine Use in Feed (grams of active pharmaceutical ingredients per tonne of live weight produced)

Medicine in Bath Treatment (grams active pharmaceutical ingredients per tonne of live weight produced)

Used non-medicinal Treatments

Vaccinations Use

Collaboration and certification

Overview of certifications 2025

Health & Safety Impacts of Products - Assessment

HEALTHY ENVIRONMENT DATA

Biological Feed Factor (kg feed needed to grow 1 kg of salmon)

Average Fallow Time Between Production Cycles (weeks)

Wildlife Fatalities

Fish Escapes

Bakkafrost Organic Loading of Seabed

Energy Consumption

Freshwater withdrawals

Effluent Water Data

Waste Data

Diverted from disposal

Diverted to disposal

Total waste generated

Offsite

Onsite

Total waste

Resource inflows

Resource outflows

Packaging Data

Use of Marine Ingredients in Feed - Havsbrún

Havsbrún Feed Composition 2025 - Raw materials used in production

HEALTHY COMMUNITIES DATA

Memberships of Associations