Bakkafrost P/f

Related Party Transaction • Apr 27, 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 33 shares. After the transaction, he holds

4,493,920 shares.

Gunnar Nielsen, CFO, purchased 24 shares. After the transaction, he holds 749

shares.

Odd Eliasen, Managing Director, purchased 25 shares. After the transaction, he

holds 172,063 shares.

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

she holds directly and indirectly 15,123 shares.

The shares were purchased from P/F Bakkafrost on 27 April 2017. In addition to

the shares sold to the primary insiders, P/F Bakkafrost sold 972 shares to other

employees as part of the share savings plan. In total P/F Bakkafrost sold 1,065

shares and after the sale P/F Bakkafrost holds 263,587 treasury shares. The

transaction was based on the closing share price on 27 April 2017, which was NOK

287.00 per share, corresponding to DKK 228.65 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.