Borregaard

Director's Dealing • Jul 18, 2018

Borregaard: Mandatory notification of trade - primary insider

Borregaard: Mandatory notification of trade - primary insider

Helge Aasen, shareholder-elected member of the board of Borregaard ASA (ticker:

"BRG"), has on 18 July 2018 acquired 1,300 shares in Borregaard ASA at a price

of NOK 73.80 per share. Following this transaction, Helge Aasen owns 1,300

shares in Borregaard ASA.

According to Borregaard's Annual meeting resolution, the board's shareholder-

elected members shall use 20% of their gross board remuneration to purchase

shares in the company until they own shares equal in value to one year's gross

board remuneration. The shares shall be retained for as long as the board member

serves on the board.

Contact:

SVP Organisation and Public Affairs, Dag Arthur Aasbø, +47 918 34 108

This information is subject to the disclosure requirements pursuant to Section

5 - 12 of the Norwegian Securities Trading Act