Bakkafrost P/f

BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2023, the following primary

insiders have purchased Bakkafrost shares:

· Regin Jacobsen, CEO, purchased 31 shares. After the transaction, he holds

directly and indirectly 4,640,281 shares.

· Høgni Dahl Jakobsen, CFO, purchased 22 shares. After the transaction, he

holds directly and indirectly 76,636 shares.

· Odd Eliasen, Managing Director, purchased 21 shares. After the transaction,

he holds 186,712 shares.

· Annika Frederiksberg, Board Member, purchased 9 shares. After the

transaction, she holds directly and indirectly 16,781 shares.

The shares were purchased from P/F Bakkafrost, with a value date of 29 December

2023. In addition to the shares sold to the primary insiders, P/F Bakkafrost

sold 1,890 shares to other employees as part of the share savings plan. In total

P/F Bakkafrost sold 1,973 shares, and after the sale, P/F Bakkafrost holds

13,461 treasury shares. The transaction was based on the share price and

currency rate at market close on 21 December 2023, which were NOK 512.50 per

share and corresponding to DKK 337.69 per share.

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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