Norske Skog ASA

Director's Dealing • Mar 2, 2022

Mandatory notification of trade by Primary Insider

Mandatory notification of trade by Primary Insider

Norske Skog ASA ("Norske Skog", Oslo Børs Ticker: NSKOG) has been notified that the following transaction has been completed today, 2 March 2022, by a primary insider in Norske Skog:

Jen-Yue (John) Chiang, Chair and primary insider in Norske Skog, has today bought 30,000 shares in Norske Skog for an average price of NOK 45.4780 per share. After the transaction, John Chiang holds 106,315 shares in Norske Skog.

NS Norway Holding AS, which is ultimately controlled by Oceanwood Capital Management LLP where John Chiang is a senior partner, holds 26,896,681 shares (equal to approximately 28.5%) in Norske Skog ASA.

Please refer to the attached notification of trading for further details.

This information is subject to the disclosure requirements in the EU Market Abuse Regulation (EU 596/2014 article 19) and section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Even Lund, Investor Relations Manager, ir@norskeskog.com, +47 90 61 29 19