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Regulatory press release

BAKKA: Share Savings Plan Transaction

Bakkafrost
As a part of the share savings plan for employees in 2025, the following primary
insiders have purchased Bakkafrost shares:

· Regin Jacobsen, CEO, purchased 39 shares. After the transaction, he holds
directly and indirectly 4,644,637 shares.
· Høgni Dahl Jakobsen, CFO, purchased 28 shares. After the transaction, he
holds directly and indirectly 80,620 shares.
· Odd Eliasen, Managing Director, purchased 29 shares. After the transaction,
he holds 189,806 shares.
· Annika Frederiksberg, Board Member, purchased 11 shares. After the
transaction, she holds directly and indirectly 17,432 shares.

The shares were purchased from P/F Bakkafrost Processing, a fully-owned
subsidiary of P/F Bakkafrost. In addition to the shares sold to the primary
insiders, P/F Bakkafrost Processing sold 2,392 shares to other employees as part
of the share savings plan. In total P/F Bakkafrost Processing sold 2,499 shares,
and after the sale, the Bakkafrost Group holds 105,275 shares, of which 101,222
shares are treasury shares of P/F Bakkafrost. The transaction was based on the
share price and currency rate at market close on 24 July 2025, which were NOK
434.20 per share and corresponding to DKK 272.89 per share. The value date of
the transaction is 4 August 2025.

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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