Bakkafrost's CFO, Gunnar Nielsen, has notified the Company that he resigns from his position. Mr. Nielsen has been with Bakkafrost since late 2014.

Bakkafrost has with regret accepted Nielsen's decision and will promptly start the process of recruiting his replacement. Bakkafrost has agreed with Mr. Nielsen that he will stay with the Company and provide assistance to the Company until a new CFO is hired, to ensure a smoothly transition.

Contacts:

Regin Jacobsen, CEO of P/F Bakkafrost: +298 23 50 01 (mobile)

Gunnar Nielsen, 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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Patty
Preety holds a Master’s in Journalism from Ryerson University and writes professionally in a broad variety of genres. She has worked as a senior manager in public relations and communications for major telecommunication companies and is the former Deputy Director of Media Relations with the Modern Coalition.