Bakkafrost P/f

Transaction in Own Shares • May 21, 2025

Purchase of own shares for the Share Savings plan completed

Purchase of own shares for the Share Savings plan completed

Reference is made to Bakkafrost's announcement yesterday, 20 May 2025, regarding

the purchase of its own shares as treasury shares for the Share Savings

Programme (ref. NewsWeb (https://newsweb.oslobors.no/message/646949)).

Today 21 May 2025, Bakkafrost has purchased 32,637 Bakkafrost shares to be used

in the Share Savings Plan for employees. The shares were purchased in the market

at a price of NOK 489.6043 per share.

After the share purchase and settlement, the Bakkafrost group holds a total of

112,864 shares, of which Bakkafrost Processing holds 11,642 shares and

Bakkafrost Holding holds 101,222 treasury shares.

The purchase of own shares yesterday and today totals 100,000 shares, which was

Bakkafrost's goal for purchasing treasury shares for the Share Savings

Programme. Bakkafrost has no plans to buy more shares in the near term.

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.