As a part of the share savings plan for employees in 2020, the following primary
insiders have purchased Bakkafrost shares:

  · Regin Jacobsen, CEO, purchased 26 shares. After the transaction, he holds
4,616,654 shares.
  · Odd Eliasen, Managing Director, purchased 21 shares. After the transaction,
he holds 184,398 shares.
  · Høgni Dahl Jakobsen, CFO, purchased 16 shares. After the transaction, he
holds 330 shares.
  · Annika Frederiksberg, Board Member, purchased 7 shares. After the
transaction, she holds directly and indirectly 16,034 shares.

The shares were purchased from P/F Bakkafrost on 27 August 2020. In addition to
the shares sold to the primary insiders, P/F Bakkafrost sold 969 shares to other
employees as part of the share savings plan. In total P/F Bakkafrost sold 1,039
shares and after the sale P/F Bakkafrost holds 103,345 treasury shares. The
transaction was based on a share price of NOK 548.50 per share, corresponding to
DKK 388.12 per share.

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.

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Disclaimer

Bakkafrost P/F published this content on 28 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 August 2020 22:47:01 UTC