Borregaard — Capital/Financing Update 2021

Feb 18, 2021

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA: Issuance of Commercial Paper

Borregaard ASA has issued a commercial paper ISIN NO0010937550 of NOK

100,000,000.

Start date:                   22 February, 2021

Maturity:                     23 August, 2021

Coupon:                      0,60 %

Organised by:              DNB Markets

Sarpsborg, 18 February 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.