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Borregaard Capital/Financing Update 2020

Nov 18, 2020

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Capital/Financing Update

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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.

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Borregaard — Capital/Financing Update 2020

3562_rns_2020-11-18_df502732-1bbf-4240-88d2-fdf8f902368c.html

Borregaard ASA: Issuance of Commercial Paper

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Borregaard Capital/Financing Update 2020