BAKKAFROST - Share Savings Plan Transaction

As a part of the share savings plan for employees in 2015, the following primary insiders have purchased Bakkafrost shares:

Regin Jacobsen, CEO, purchased 42 shares. After the transaction he holds 4,492,976 shares.

Gunnar Nielsen, CFO, purchased 25 shares. After the transaction he holds 294 shares.

Odd Eliasen, Managing Director, purchased 32 shares. After the transaction he holds 171,303 shares.

Annika Frederiksberg, Board Member, purchased 14 shares. After the transaction she holds directly and indirectly 14,795 shares.

The shares were purchased from P/F Bakkafrost on 25 November 2015. In addition to the shares sold to the primary insiders, P/F Bakkafrost sold 923 shares to other employees as part of the share savings plan. In total P/F Bakkafrost sold 1,036 shares and after the sale P/F Bakkafrost holds 301,316 treasury shares. The transaction was based on the closing share price on 25 November 2015, which was NOK 224.00 per share, corresponding to DKK 182.02 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.