BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2019, the following primary insiders have purchased Bakkafrost shares:

Regin Jacobsen, CEO, purchased 35 shares. After the transaction, he holds 4,495,609 shares.

Odd Eliasen, Managing Director, purchased 21 shares. After the transaction, he holds 173,377 shares.

Annika Frederiksberg, Board Member, purchased 8 shares. After the transaction, she holds directly and indirectly 15,692 shares.

The shares were purchased from P/F Bakkafrost on 25 February 2019. In addition to the shares sold to the primary insiders, P/F Bakkafrost sold 712 shares to other employees as part of the share savings plan. In total P/F Bakkafrost sold 776 shares and after the sale P/F Bakkafrost holds 192,451 treasury shares. The transaction was based on the closing share price on 25 February 2019, which was NOK 456.80 per share, corresponding to DKK 349.13 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.