Share Savings Plan Transaction

On 29 December 2025, the following primary insiders have purchased Bakkafrost shares as part of the share savings plan for employees in 2025:

· Regin Jacobsen, CEO, purchased 33 shares. After the transaction, he holds directly and indirectly 4,656,515 shares. · Høgni Dahl Jakobsen, CFO, purchased 24 shares. After the transaction, he holds directly and indirectly 80,812 shares. · Odd Eliasen, Managing Director, purchased 24 shares. After the transaction, he holds 189,938 shares. · Annika Frederiksberg, Board Member, purchased 2101 shares. After the transaction, she holds directly and indirectly 17,485 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 2,172 shares to other employees as part of the share savings plan. In total P/F Bakkafrost Processing sold 2,263 shares, and after the sale, the Bakkafrost Group holds 93,128 shares. The transaction was based on the share price and currency rate at market close on 22 December 2025, which were NOK 518.00 per share and corresponding to DKK 325.51 per share.

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.