Borregaard — Capital/Financing Update 2019

Nov 15, 2019

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA has issued a commercial paper ISIN NO0010869068 of NOK

200,000,000.

Start date:                   21 November, 2019

Maturity:                     21 January, 2020

Coupon:                      2,13 %

Organised by:             DNB Markets

Sarpsborg, 15 November 2019

Contact:

CFO, 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.