Bakkafrost P/f

Related Party Transaction • Jul 24, 2017

BAKKAFROST: Share Savings Plan Transaction

BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2017, the following primary

insiders have purchased Bakkafrost shares:

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

4,494,174 shares.

Gunnar Nielsen, CFO, purchased 22 shares. After the transaction, he holds 932

shares.

Odd Eliasen, Managing Director, purchased 23 shares. After the transaction, he

holds 172,256 shares.

Annika Frederiksberg, Board Member, purchased 11 shares. After the transaction,

she holds directly and indirectly 15,206 shares.

The shares were purchased from P/F Bakkafrost on 24 July 2017. In addition to

the shares sold to the primary insiders, P/F Bakkafrost sold 862 shares to other

employees as part of the share savings plan. In total P/F Bakkafrost sold 949

shares and after the sale P/F Bakkafrost holds 241,123 treasury shares. The

transaction was based on the closing share price on 24 July 2017, which was NOK

304.70 per share, corresponding to DKK 242.27 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)

Gunnar Nielsen, 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.