Share Savings Plan Transaction

03 Jan 2025 01:28 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 35 shares. After the transaction, he holds
directly and indirectly 4,641,985 shares.
· Høgni Dahl Jakobsen, CFO, purchased 19 shares. After the transaction, he
holds directly and indirectly 78,225 shares.
· Odd Eliasen, Managing Director, purchased 18 shares. After the transaction,
he holds 187,922 shares.
· Annika Frederiksberg, Board Member, purchased 7 shares. After the
transaction, she holds directly and indirectly 17,091 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 1,521 shares to other employees as part
of the share savings plan. In total P/F Bakkafrost Processing sold 1,600 shares,
and after the sale, the Bakkafrost Group holds 34,315 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 19 December 2024, which were
NOK 646.50 per share and corresponding to DKK 408.26 per share. The value date
of the transaction is 2 January 2025.

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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