Bakkafrost P/f

Transaction in Own Shares • Oct 3, 2023

BAKKAFROST: Share Savings Plan Transaction

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 30 shares. After the transaction, he holds

directly and indirectly 4,640,186 shares.

· Høgni Dahl Jakobsen, CFO, purchased 20 shares. After the transaction, he

holds directly and indirectly 76,537 shares.

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

he holds 186,646 shares.

· Annika Frederiksberg, Board Member, purchased 7 shares. After the

transaction, she holds directly and indirectly 16,755 shares.

The shares were purchased from P/F Bakkafrost, with a transaction date of 3

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

Bakkafrost sold 2,016 shares to other employees as part of the share savings

plan. In total P/F Bakkafrost sold 2,094 shares, and after the sale, P/F

Bakkafrost holds 19,428 treasury shares. The transaction was based on the share

price and currency rate at market close on 28 September 2023, which were NOK

534.00 per share and corresponding to DKK 351.85 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.