Bakkafrost P/f

Transaction in Own Shares • Aug 29, 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 63 shares. After the transaction, he holds

directly and indirectly 4,640.156 shares.

· Høgni Dahl Jakobsen, CFO, purchased 44 shares. After the transaction, he

holds directly and indirectly 76,508 shares.

· Odd Eliasen, Managing Director, purchased 44 shares. After the transaction,

he holds 186,625 shares.

· Annika Frederiksberg, Board Member, purchased 17 shares. After the

transaction, she holds directly and indirectly 16,748 shares.

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

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

Bakkafrost sold 1.693 shares to other employees as part of the share savings

plan. In total P/F Bakkafrost sold 1,861 shares, and after the sale, P/F

Bakkafrost holds 21,522 treasury shares. The transaction was based on the share

price and currency rate at market close on 24 August 2023, which were NOK 522.00

per share and corresponding to DKK 336.17 per share.

For further information about Bakkafrost's share savings plan, see

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.