BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2018, the following primary insiders have purchased Bakkafrost shares:

Regin Jacobsen, CEO, purchased 30 shares. After the transaction, he holds 4,494,855 shares.

Gunnar Nielsen, CFO, purchased 25 shares. After the transaction, he holds 1,374 shares.

Odd Eliasen, Managing Director, purchased 26 shares. After the transaction, he holds 172,786 shares.

Annika Frederiksberg, Board Member, purchased 11 shares. After the transaction, she holds directly and indirectly 15,437 shares.

The shares were purchased from P/F Bakkafrost on 25 January 2018. In addition to the shares sold to the primary insiders, P/F Bakkafrost sold 926 shares to other employees as part of the share savings plan. In total P/F Bakkafrost sold 1,018 shares and after the sale P/F Bakkafrost holds 224,961 treasury shares. The transaction was based on the closing share price on 25 January 2018, which was NOK 315.60 per share, corresponding to DKK 245.09 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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