Purchase of own shares for the Share Savings plan

Today 20 May 2025, Bakkafrost has purchased 67,363 Bakkafrost shares to be used
in the Share Savings Plan for employees. The shares were purchased in the market
at a price of NOK 499.6233 per share. After the share purchase and settlement
the Bakkafrost group holds a total of 80,227 shares, whereof Bakkafrost
Processing holds 11,642 shares and Bakkafrost Holding holds 68,585 treasury
shares.

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.