Borregaard

Capital/Financing Update • Aug 19, 2019

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA has issued a commercial paper ISIN NO0010861008 of NOK

200,000,000.

Start date:                   21 August, 2019

Maturity:                     21 February, 2020

Coupon:                      1,87 %

Organised by:              Handelsbanken Capital Markets

Sarpsborg, 19 August 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.