Borregaard — Capital/Financing Update 2020

Sep 18, 2020

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA has issued a commercial paper ISIN NO0010894306 of NOK

200,000,000.

Start date:                  23 September, 2020

Maturity:                     23 November, 2020

Coupon:                     0,39 %

Organised by:            DNB Markets

Sarpsborg, 18 September 2020

Contact:

CFO, Per Bjarne Lyngstad, mobile +47 952 44 515.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act