Bakkafrost P/f

Director's Dealing • May 28, 2018

BAKKAFROST: Share Savings Plan Transaction

BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2018, the following primary

insiders have purchased Bakkafrost shares:

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

4,494,946 shares.

Gunnar Nielsen, CFO, purchased 18 shares. After the transaction, he holds 1,450

shares.

Odd Eliasen, Managing Director, purchased 19 shares. After the transaction, he

holds 172,862 shares.

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

she holds directly and indirectly 15,469 shares.

The shares were purchased from P/F Bakkafrost on 28 May 2018. In addition to the

shares sold to the primary insiders, P/F Bakkafrost sold 715 shares to other

employees as part of the share savings plan. In total P/F Bakkafrost sold 781

shares and after the sale P/F Bakkafrost holds 221,753 treasury shares. The

transaction was based on the closing share price on 28 May 2018, which was NOK

434.00 per share, corresponding to DKK 339.82 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.