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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 112 shares. After the transaction, he holds
directly and indirectly 4,664,486 shares.
· Høgni Dahl Jakobsen, CFO, purchased 84 shares. After the transaction, he
holds directly and indirectly 80,579 shares.
· Odd Eliasen, Managing Director, purchased 83 shares. After the transaction,
he holds 189,777 shares.
· Annika Frederiksberg, Board Member, purchased 34 shares. After the
transaction, she holds directly and indirectly 17,421 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 2,524 shares to other employees as part
of the share savings plan. In total P/F Bakkafrost Processing sold 2,837 shares,
and after the sale, the Bakkafrost Group holds 107,774 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 26 June 2025, which were NOK
448.00 per share and corresponding to DKK 282.96 per share. The value date of
the transaction is 2 July 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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