Borregaard

Capital/Financing Update • Oct 17, 2019

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA has issued a commercial paper ISIN NO0010866874 of NOK

200,000,000.

Start date:                   21 October, 2019

Maturity:                     21 November, 2019

Coupon:                      1,75 %

Organised by:              DNB Markets

Sarpsborg, 17 October 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.