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Borregaard Capital/Financing Update 2021

May 20, 2021

3562_rns_2021-05-20_266119dc-596b-41ea-92da-c7df3c271cfa.html

Capital/Financing Update

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Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA has issued a commercial paper ISIN NO0011009029 of NOK

100,000,000.

Start date: 25 May, 2021

Maturity: 25 November, 2021

Coupon: 0,50 %

Organised by: Handelsbanken Capital Markets

Sarpsborg, 20 May 2021

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 2021

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Borregaard ASA: Issuance of Commercial Paper

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Borregaard Capital/Financing Update 2021