Norske Skog ASA

Director's Dealing • Jan 30, 2023

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sven Ombudstvedt
2	Reason for the notification
a)	Position/status	President & Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Norske Skog ASA
b)	LEI	529900MYY60WXHHY3039
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Type of instrument: Synthetic options Instrument Identification Code (ISIN): NO0010861115
b)	Nature of the transaction	Exercise of synthetic options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 41.47	546,000
d)	Aggregated information — Aggregated volume — Price	546,000 synthetic options exercised for a total consideration of NOK 22,642,620
e)	Date of the transaction	2023-01-30
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Rune Sollie
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Norske Skog ASA
b)	LEI	529900MYY60WXHHY3039
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Type of instrument: Synthetic options Instrument Identification Code (ISIN): NO0010861115
b)	Nature of the transaction	Exercise of synthetic options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 41.47	292,000
d)	Aggregated information — Aggregated volume — Price	292,000 synthetic options exercised for a total consideration of NOK 12,109,240
e)	Date of the transaction	2023-01-30
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Lars P. S. Sperre
2	Reason for the notification
a)	Position/status	Senior Vice President Corporate Strategy
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Norske Skog ASA
b)	LEI	529900MYY60WXHHY3039
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Type of instrument: Synthetic options Instrument Identification Code (ISIN): NO0010861115
b)	Nature of the transaction	Exercise of synthetic options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 41.47	292,000
d)	Aggregated information — Aggregated volume — Price	292,000 synthetic options exercised for a total consideration of NOK 12,109,240
e)	Date of the transaction	2023-01-30
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Amund Saxrud
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Norske Skog ASA
b)	LEI	529900MYY60WXHHY3039
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Type of instrument: Synthetic options Instrument Identification Code (ISIN): NO0010861115
b)	Nature of the transaction	Exercise of synthetic options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 41.47	292,000
d)	Aggregated information — Aggregated volume — Price	292,000 synthetic options exercised for a total consideration of NOK 12,109,240
e)	Date of the transaction	2023-01-30
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Robert Wood
2	Reason for the notification
a)	Position/status	Senior Vice President Commercial
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Norske Skog ASA
b)	LEI	529900MYY60WXHHY3039
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Type of instrument: Synthetic options Instrument Identification Code (ISIN): NO0010861115
b)	Nature of the transaction	Exercise of synthetic options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 41.47	292,000
d)	Aggregated information — Aggregated volume — Price	292,000 synthetic options exercised for a total consideration of NOK 12,109,240
e)	Date of the transaction	2023-01-30
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tore Hansesætre
2	Reason for the notification
a)	Position/status	Senior Vice President Strategic Projects
b)	Initial notification/Amendment	Initial notification
3	Details of issuer
a)	Name	Norske Skog ASA
b)	LEI	529900MYY60WXHHY3039
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Type of instrument: Synthetic options Instrument Identification Code (ISIN): NO0010861115
b)	Nature of the transaction	Exercise of synthetic options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NOK 41.47	292,000
d)	Aggregated information — Aggregated volume — Price	292,000 synthetic options exercised for a total consideration of NOK 12,109,240
e)	Date of the transaction	2023-01-30
f)	Place of the transaction	XOFF