Bakkafrost: Share Savings Plan Transaction

As a part of the share savings plan for employees in 2024, the following primary insiders have purchased Bakkafrost shares:

• Regin Jacobsen, CEO, purchased 49 shares. After the transaction, he holds directly and indirectly 4,641,950 shares.
• Høgni Dahl Jakobsen, CFO, purchased 35 shares. After the transaction, he holds directly and indirectly 78,198 shares.
• Odd Eliasen, Managing Director, purchased 35 shares. After the transaction, he holds 187,904 shares.
• Annika Frederiksberg, Board Member, purchased 13 shares. After the transaction, she holds directly and indirectly 17,084 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 1,438 shares to other employees as part of the share savings plan. In total P/F Bakkafrost Processing sold 1,570 shares, and after the sale, the Bakkafrost Group holds 35,915 shares, of which 1,222 shares are treasury shares of P/F Bakkafrost. The transaction was based on the share price and currency rate at market close on 25 November 2024, which were NOK 669.50 per share and corresponding to DKK 430.96 per share. The value date is 29 November 2024.

For further information about Bakkafrost's share savings plan, see www.bakkafrost.com/en/investor/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.