Share Savings Plan Transaction

01 Dec 2024 21:25 CET

As a part of the share savings plan for employees in 2024, the following primary
insiders have purchased Bakkafrost shares:

· Regin Jacobsen, CEO, purchased 49 shares. After the transaction, he holds
directly and indirectly 4,641,950 shares.
· Høgni Dahl Jakobsen, CFO, purchased 35 shares. After the transaction, he
holds directly and indirectly 78,198 shares.
· Odd Eliasen, Managing Director, purchased 35 shares. After the transaction,
he holds 187,904 shares.
· Annika Frederiksberg, Board Member, purchased 13 shares. After the
transaction, she holds directly and indirectly 17,084 shares.

The shares were purchased from P/F Bakkafrost Processing, a fully-owned
subsidiary of P/F Bakkafrost. In addition to the shares sold to the primary
insiders, P/F Bakkafrost Processing sold 1,438 shares to other employees as part
of the share savings plan. In total P/F Bakkafrost Processing sold 1,570 shares,
and after the sale, the Bakkafrost Group holds 35,915 shares, of which 1,222
shares are treasury shares of P/F Bakkafrost. The transaction was based on the
share price and currency rate at market close on 25 November 2024, which were
NOK 669.50 per share and corresponding to DKK 430.96 per share. The value date
is 29 November 2024.

For further information about Bakkafrost's share savings plan, see
www.bakkafrost.com/en/investor/share-information/share-savings
-plan (http://www.bakkafrost.com/en/investor-relations/share-information/share
-savings-plan)

Contacts:

· Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)
· Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 23 50 60 (mobile)

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

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