Bakkafrost P/f

Related Party Transaction • Aug 26, 2021

BAKKAFROST: Share Savings Plan Transaction

BAKKAFROST: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2021, the following primary

insiders have purchased Bakkafrost shares:

· Regin Jacobsen, CEO, purchased 37 shares. After the transaction, he holds

4,617,264 shares.

· Høgni Dahl Jakobsen, CFO, purchased 22 shares. After the transaction, he

holds directly and indirectly 74,450 shares.

· Odd Eliasen, Managing Director, purchased 60 shares. After the transaction,

he holds 184,899 shares.

· Annika Frederiksberg, Board Member, purchased 10 shares. After the

transaction, she holds directly and indirectly 16,226 shares.

The shares were purchased from P/F Bakkafrost on 26 August 2021. In addition to

the shares sold to the primary insiders, P/F Bakkafrost sold 696 shares to other

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

794 shares and after the sale P/F Bakkafrost holds 71,824 treasury shares. The

transaction was based on a share price of NOK 766.40 per share, corresponding to

DKK 550.05 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.