Bakkafrost P/f

Transaction in Own Shares • Nov 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 43 shares. After the transaction, he holds

4,617,325 shares.

· Høgni Dahl Jakobsen, CFO, purchased 27 shares. After the transaction, he

holds directly and indirectly 74,571 shares.

· Odd Eliasen, Managing Director, purchased 35 shares. After the transaction,

he holds 184,949 shares.

· Annika Frederiksberg, Board Member, purchased 12 shares. After the

transaction, she holds directly and indirectly 16,242 shares.

The shares were purchased from P/F Bakkafrost on 25 November 2021. In addition

to the shares sold to the primary insiders, P/F Bakkafrost sold 1,055 shares to

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

1,172 shares and after the sale P/F Bakkafrost holds 68,966 treasury shares. The

transaction was based on a share price of NOK 619.40 per share, corresponding to

DKK 457.61 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.