Bakkafrost P/f

Remuneration Information • May 21, 2014

Allocations of shares

Allocations of shares

P/F Bakkafrost has as a bonus to the employees for

2013, paid the following primary insiders shares in

P/F Bakkafrost based on the closing price on 20th May

2014:

Regin Jacobsen CEO: Allocated 339 shares. Following

the allocation, Mr. Jacoben holds 4,492,020 shares in

P/F Bakkafrost.

Odd Eliasen Managing Director: Allocated 308 shares.

Following the allocation, Mr. Eliasen holds 170,511

shares in P/F Bakkafrost.

Teitur Samuelsen CFO: Allocated 299 shares. Following

the allocation, Mr. Samuelsen holds 1,664 shares in

P/F Bakkafrost.

Annika Frederiksberg Board member and part of the

sales team in Bakkafrost: Allocated 118 shares.

Following the allocation, Mrs. Frederiksberg holds

directly and indirectly 14,460 shares in P/F

Bakkafrost.

All full-time employees from 2013, still employed in

Bakkafrost, have received bonus shares with a total

value of 2% of paid out salary in 2013.

In total Bakkafrost has allocated 35.797 shares to its

employees including the shares to the primary

insiders. After the allocation Bakkafrost holds

342,784 shares as treasury shares.

The closing shareprice on 20th May 2014 was NOK 104

per share, corresponding to DKK 95,42 per share.

This information is subject of the disclosure

requirements pursuant to section 5-12 of the Norwegian

Securities Trading Act.