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Borregaard Capital/Financing Update 2020

Jan 17, 2020

3562_rns_2020-01-17_d7bdd15d-25b5-4d0c-a6c9-3034a84ff219.html

Capital/Financing Update

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Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA has issued a commercial paper ISIN NO0010873748 of NOK

150,000,000.

Start date: 21 January, 2020

Maturity: 25 March, 2020

Coupon: 1,90 %

Organised by: DNB Markets

Sarpsborg, 17 January 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_2020-01-17_d7bdd15d-25b5-4d0c-a6c9-3034a84ff219.html

Borregaard ASA: Issuance of Commercial Paper

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Borregaard Capital/Financing Update 2020