Borregaard — Director's Dealing 2020

Sep 1, 2020

Borregaard ASA: Mandatory notification of trade - primary insider

Borregaard ASA: Mandatory notification of trade - primary insider

Roy Kåre Appelgren, observer of the Board of Borregaard ASA, has on 31 August

2020 sold 2,000 shares in Borregaard ASA at a price of NOK 127,51 per share.

Following this transaction, Roy Kåre Appelgren owns 1,005 shares in Borregaard

ASA.

Sarpsborg, 1 September 2020

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act.