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 38 shares. After the transaction he holds 4,493,014 shares.

Gunnar Nielsen, CFO, purchased 23 shares. After the transaction he holds 317 shares.

Odd Eliasen, Managing Director, purchased 29 shares. After the transaction he holds 171,332 shares.

Annika Frederiksberg, Board Member, purchased 13 shares. After the transaction she holds directly and indirectly 14,808 shares.

The shares were purchased from P/F Bakkafrost on 17 December 2015. In addition to the shares sold to the primary insiders, P/F Bakkafrost sold 769 shares to other employees as part of the share savings plan. In total P/F Bakkafrost sold 872 shares and after the sale P/F Bakkafrost holds 300,444 treasury shares. The transaction was based on the closing share price on 17 December 2015, which was NOK 248.00 per share, corresponding to DKK 194.56 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.