Borregaard

Capital/Financing Update • Nov 18, 2020

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA has issued a commercial paper ISIN NO0010907447 of NOK

200,000,000.

Start date:                   23 November, 2020

Maturity:                      25 May, 2021

Coupon:                         0,75 %

Organised by:              DNB Markets

Sarpsborg, 18 November 2020

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.