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Regulatory press release

BAKKA: Share Savings Plan Transaction

Bakkafrost
Today, 3 March 2026, the following primary insiders have purchased Bakkafrost
shares as part of the share savings plan for employees in 2026:

· Regin Jacobsen, CEO, purchased 72 shares. After the transaction, he holds
directly and indirectly 4,656,927 shares.
· Høgni Dahl Jakobsen, CFO, purchased 54 shares. After the transaction, he
holds directly and indirectly 81,233 shares.
· Odd Eliasen, Managing Director, purchased 53 shares. After the transaction,
he holds 190,227 shares.
· Annika Frederiksberg, Board Member, purchased 22 shares. After the
transaction, she holds directly and indirectly 17,597 shares.

The shares were purchased from P/F Bakkafrost. In addition to the shares sold to
the primary insiders, P/F Bakkafrost sold 2,566 shares to other employees as
part of the share savings plan. In total P/F Bakkafrost sold 2,767 shares, and
after the sale, the Bakkafrost Group holds 72,019 shares. The transaction was
based on the share price and currency rate at market close on 25 February 2026,
which were NOK 457.20 per share and corresponding to DKK 302.39 per share.

For further information about Bakkafrost's share savings plan, see
www.bakkafrost.com/en/investor/share-information/share-savings
-plan (http://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 to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
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