BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2017, the following primary insiders have purchased Bakkafrost shares:

Regin Jacobsen, CEO, purchased 26 shares. After the transaction, he holds 4,494,226 shares.

Gunnar Nielsen, CFO, purchased 18 shares. After the transaction, he holds 969 shares.

Odd Eliasen, Managing Director, purchased 20 shares. After the transaction, he holds 172,296 shares.

Annika Frederiksberg, Board Member, purchased 9 shares. After the transaction, she holds directly and indirectly 15,224 shares.

The shares were purchased from P/F Bakkafrost on 28 September 2017. In addition to the shares sold to the primary insiders, P/F Bakkafrost sold 777 shares to other employees as part of the share savings plan. In total P/F Bakkafrost sold 850 shares and after the sale P/F Bakkafrost holds 239,587 treasury shares. The transaction was based on the closing share price on 28 September 2017, which was NOK 364.00 per share, corresponding to DKK 289.42 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.

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