Bakkafrost P/f

Related Party Transaction • Jul 26, 2019

BAKKAFROST: Share Savings Plan Transaction

BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2019, the following primary

insiders have purchased Bakkafrost shares:

· Regin Jacobsen, CEO, purchased 27 shares. After the transaction, he holds

4,495,846 shares.

· Odd Eliasen, Managing Director, purchased 17 shares. After the transaction,

he holds 173,559 shares.

· Høgni Dahl Jakobsen, CFO, purchased 16 shares. After the transaction, he

holds 67 shares.

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

transaction, she holds directly and indirectly 15,778 shares.

The shares were purchased from P/F Bakkafrost on 25 July 2019. In addition to

the shares sold to the primary insiders, P/F Bakkafrost sold 612 shares to other

employees as part of the share savings plan. In total P/F Bakkafrost sold 676

shares and after the sale P/F Bakkafrost holds 174,034 treasury shares. The

transaction was based on the closing share price on 25 July 2019, which was NOK

520.50 per share, corresponding to DKK 404.48 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)

Høgni Dahl Jakobsen, 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.