BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2016, the following primary insiders have purchased Bakkafrost shares:

Regin Jacobsen, CEO, purchased 29 shares. After the transaction he holds 4,493,440 shares.

Gunnar Nielsen, CFO, purchased 21 shares. After the transaction he holds 606 shares.

Odd Eliasen, Managing Director, purchased 23 shares. After the transaction he holds 171,658 shares.

Annika Frederiksberg, Board Member, purchased 10 shares. After the transaction she holds directly and indirectly 14,948 shares.

The shares were purchased from P/F Bakkafrost on 26 September 2016. In addition to the shares sold to the primary insiders, P/F Bakkafrost sold 720 shares to other employees as part of the share savings plan. In total P/F Bakkafrost sold 803 shares and after the sale P/F Bakkafrost holds 276,662 treasury shares. The transaction was based on the closing share price on 26 September 2016, which was NOK 314.40 per share, corresponding to DKK 256.64 per share.

For further information about Bakkafrost’s share savings plan, see www.bakkafrost.com/en/investor-relations/share-information/share-savings-plan

Contacts:

Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)

Gunnar Nielsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.