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Borregaard

Capital/Financing Update Oct 18, 2023

3562_rns_2023-10-18_a26b383b-c316-4374-873a-7bd22e8767e5.html

Capital/Financing Update

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Borregaard ASA: New supply contract for electric power with Å Energi

Borregaard ASA: New supply contract for electric power with Å Energi

Borregaard and the Norwegian hydropower producer Å Energi have entered into a

new long-term power purchase agreement for the period 2024 to 2033. The annual

contract volume is 88 GWh, representing 10-15% of the Sarpsborg site's annual

consumption.

Sarpsborg, 18 October 2023

Contact:

Knut-Harald Bakke, Director Investor Relations, +47 905 79 164

This information is subject to the disclosure requirements pursuant to Section

5 -12 of the Norwegian Securities Trading Act.

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