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Borregaard Capital/Financing Update 2018

Feb 21, 2018

3562_rns_2018-02-21_ba3bb2cf-f928-42a6-af29-90a93113feb2.html

Capital/Financing Update

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Borregaard: Issuance of commercial paper

Borregaard ASA has issued a commercial paper ISIN NO0010817042 of NOK

200,000,000.

Start date: 28 February 2018

Maturity: 28 May 2018

Coupon: 1,25 %

Organised by: DNB Markets

Sarpsborg, 21 February 2018

Contact

Chief Financial Officer, Per Bjarne Lyngstad, mobile +47 952 44 515

This information is subject to the disclosure requirements pursuant to Section

5 -12 of the Norwegian Securities Trading Act.

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Borregaard — Capital/Financing Update 2018

3562_rns_2018-02-21_ba3bb2cf-f928-42a6-af29-90a93113feb2.html

Borregaard: Issuance of commercial paper

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Borregaard Capital/Financing Update 2018