Bakkafrost P/f

Share Savings Plan Transaction

Today, 2 December 2025, the following primary insiders have purchased Bakkafrost

shares as part of the share savings plan for employees in 2025:

· Regin Jacobsen, CEO, purchased 71 shares. After the transaction, he holds

directly and indirectly 4,656,482 shares.

· Høgni Dahl Jakobsen, CFO, purchased 53 shares. After the transaction, he

holds directly and indirectly 80,777 shares.

· Odd Eliasen, Managing Director, purchased 53 shares. After the transaction,

he holds 189,914 shares.

· Annika Frederiksberg, Board Member, purchased 21 shares. After the

transaction, she holds directly and indirectly 17,475 shares.

The shares were purchased from P/F Bakkafrost Processing, a fully-owned

subsidiary of P/F Bakkafrost. In addition to the shares sold to the primary

insiders, P/F Bakkafrost Processing sold 2,430 shares to other employees as part

of the share savings plan. In total P/F Bakkafrost Processing sold 2,628 shares,

and after the sale, the Bakkafrost Group holds 95,391 shares. The transaction

was based on the share price and currency rate at market close on 27 November

2025, which were NOK 466.80 per share and corresponding to DKK 295.39 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 to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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