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Borregaard Director's Dealing 2016

Nov 24, 2016

3562_dirs_2016-11-24_40723ab7-3a87-4211-8851-c7f91d3031a9.html

Director's Dealing

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Borregaard: Mandatory notification of trade - primary insider

On 24 November 2016, Bente Seljebakken Klausen, employee observer at the Board

of Directors of Borregaard ASA, and a related party sold 1,180 shares in

Borregaard ASA at an average price of NOK 84.50 per share.

Following this transaction, Bente Seljebakken Klausen and related parties own

650 shares in Borregaard ASA.

Borregaard ASA,

Sarpsborg, 24 November 2016

Contact

Lotte Kvinlaug, Investor Relations Officer, + 47 922 86 909

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act.

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Borregaard — Director's Dealing 2016

3562_dirs_2016-11-24_40723ab7-3a87-4211-8851-c7f91d3031a9.html

Borregaard: Mandatory notification of trade - primary insider

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Borregaard Director's Dealing 2016