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Borregaard Director's Dealing 2020

Aug 31, 2020

3562_dirs_2020-08-31_723c4bf6-6d08-4277-a67e-3d550004e5d9.html

Director's Dealing

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Borregaard ASA: Mandatory notification of trade - primary insider

On 31 August 2020, primary insider Tom Erik Foss-Jacobsen, Executive Vice

President - BioSolutions, sold 10,000 shares in Borregaard ASA at an average

price of NOK 129.42 per share.

Following this transaction, Tom Erik Foss-Jacobsen owns 28,828 shares and has

87,000 stock options in Borregaard ASA.

Borregaard ASA,

Sarpsborg, 31 August 2020

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 2020

3562_dirs_2020-08-31_723c4bf6-6d08-4277-a67e-3d550004e5d9.html

Borregaard ASA: Mandatory notification of trade - primary insider

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Borregaard Director's Dealing 2020