BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2016, the following primary insiders have purchased Bakkafrost shares:

Regin Jacobsen, CEO, purchased 30 shares. After the transaction he holds 4,493,078 shares.

Gunnar Nielsen, CFO, purchased 21 shares. After the transaction he holds 363 shares.

Odd Eliasen, Managing Director, purchased 23 shares. After the transaction he holds 171,381 shares.

Annika Frederiksberg, Board Member, purchased 10 shares. After the transaction she holds directly and indirectly 14,829 shares.

The shares were purchased from P/F Bakkafrost on 25 February 2016. In addition to the shares sold to the primary insiders, P/F Bakkafrost sold 770 shares to other employees as part of the share savings plan. In total P/F Bakkafrost sold 854 shares and after the sale P/F Bakkafrost holds 298,713 treasury shares. The transaction was based on the closing share price on 25 February 2016, which was NOK 319.90 per share, corresponding to DKK 250.16 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.