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 21 shares. After the transaction, he holds 4,495,152 shares.

Gunnar Nielsen, CFO, purchased 17 shares. After the transaction, he holds 1,613 shares.

Odd Eliasen, Managing Director, purchased 17 shares. After the transaction, he holds 173,028 shares.

Annika Frederiksberg, Board Member, purchased 7 shares. After the transaction, she holds directly and indirectly 15,539 shares.

The shares were purchased from P/F Bakkafrost on 25 October 2018. In addition to the shares sold to the primary insiders, P/F Bakkafrost sold 627 shares to other employees as part of the share savings plan. In total P/F Bakkafrost sold 689 shares and after the sale P/F Bakkafrost holds 204,183 treasury shares. The transaction was based on the closing share price on 25 October 2018, which was NOK 463.40 per share, corresponding to DKK 364.33 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.