Borregaard

Capital/Financing Update • Jun 18, 2020

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA has issued a commercial paper ISIN NO0010886476 of NOK

200,000,000.

Start date:                  23 June, 2020

Maturity:                     23 September, 2020

Coupon:                      0.75 %

Organised by:              Handelsbanken Capital Markets

Sarpsborg, 18 June 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.