Bakkafrost: Share Savings Plan Transaction

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

• Regin Jacobsen, CEO, purchased 58 shares. After the transaction, he holds directly and indirectly 4,642,330 shares.
• Høgni Dahl Jakobsen, CFO, purchased 43 shares. After the transaction, he holds directly and indirectly 78,579 shares.
• Odd Eliasen, Managing Director, purchased 44 shares. After the transaction, he holds 188,175 shares.
• Annika Frederiksberg, Board Member, purchased 18 shares. After the transaction, she holds directly and indirectly 17,186 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 1,987 shares to other employees as part of the share savings plan. In total P/F Bakkafrost Processing sold 2,150 shares, and after the sale, the Bakkafrost Group holds 17,146 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 February 2025, which were NOK 568.50 per share and corresponding to DKK 363.56 per share. The value date is 6 March 2025.

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.