Bakkafrost P/f

Share Savings Plan Transaction

As a part of the share savings plan for employees in 2024, the following primary

insiders have purchased Bakkafrost shares:

· Regin Jacobsen, CEO, purchased 24 shares. After the transaction, he holds

directly and indirectly 4,640,596 shares.

· Høgni Dahl Jakobsen, CFO, purchased 17 shares. After the transaction, he

holds directly and indirectly 76,923 shares.

· Odd Eliasen, Managing Director, purchased 17 shares. After the transaction,

he holds 186,958 shares.

· Annika Frederiksberg, Board Member, purchased 6shares. After the

transaction, she holds directly and indirectly 16,867 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 1,414 shares to other employees as part

of the share savings plan. In total P/F Bakkafrost Processing sold 1,478 shares,

and after the sale, the Bakkafrost Group holds 49,744 shares, whereof 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 March 2024, which were NOK

684.50 per share and corresponding to DKK 439.93 per share. The transaction date

is 8 April 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 of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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