Bakkafrost P/f — M&A Activity 2019

Nov 4, 2019

Bakkafrost: Update on mandatory offer for The Scottish Salmon Company

Bakkafrost: Update on mandatory offer for The Scottish Salmon Company

On 4 November 2019 Bakkafrost has submitted a draft mandatory offer document

relating to the Scottish Salmon Company (SSC) to the Oslo Stock Exchange for

approval.  Such approval is expected during this week and Bakkafrost expects to

launch the mandatory offer by the end of the week.

For further enquiries, please contact:

· Regin Jacobsen, CEO of P/F Bakkafrost: +298 235001 (mobile)

· Høgni Dahl Jakobsen, CFO of P/F Bakkafrost: +298 235060 (mobile)

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.