Bakkafrost P/f

Related Party Transaction • Jul 12, 2022

BAKKAFROST: Share Savings Plan Transaction

BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2022, the following primary

insiders have purchased Bakkafrost shares:

· Regin Jacobsen, CEO, purchased 22 shares. After the transaction, he holds

4,617,797 shares.

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

holds directly and indirectly 74,865 shares.

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

he holds 185,279 shares.

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

transaction, she holds directly and indirectly 16,372 shares.

The shares were purchased from P/F Bakkafrost and the purchase was completed on

11 July 2022. In addition to the shares sold to the primary insiders, P/F

Bakkafrost sold 1,128 shares to other employees as part of the share savings

plan. In total P/F Bakkafrost sold 1,190 shares and after the sale, P/F

Bakkafrost holds 53,308 treasury shares. The transaction was based on a share

price of NOK 616.50 per share, corresponding to DKK 440.74 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.