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 25 shares. After the transaction, he holds 4,494,251 shares.

Gunnar Nielsen, CFO, purchased 22 shares. After the transaction, he holds 991 shares.

Odd Eliasen, Managing Director, purchased 22 shares. After the transaction, he holds 172,318 shares.

Annika Frederiksberg, Board Member, purchased 9 shares. After the transaction, she holds directly and indirectly 15,233 shares.

The shares were purchased from P/F Bakkafrost on 26 October 2017. In addition to the shares sold to the primary insiders, P/F Bakkafrost sold 720 shares to other employees as part of the share savings plan. In total P/F Bakkafrost sold 798 shares and after the sale P/F Bakkafrost holds 238,789 treasury shares. The transaction was based on the closing share price on 26 October 2017, which was NOK 367.90 per share, corresponding to DKK 288.65 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.