Borregaard

Director's Dealing • Jul 29, 2021

Appendix 1

Borregaard ASA: Reporting of transactions in Borregaard ASA's shares made by persons discharging managerial responsibilities and persons closely associated with them

Sarpsborg, 29 July 2021: Pursuant to the Market Abuse Regulations article 19, Borregaard ASA hereby notify receipt of information of the following transactions made by persons discharging managerial responsibilities in the company and persons closely associates with them in the company's financial instruments.

1	Details of the Reporting Person and their Closely Associated Persons
a)	Name	Rolf Sveinung Heggen
2	Reason for the notification
a)	Position/status	General Counsel
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor
a)	Name	BORREGAARD ASA
b)	LEI	5967007LIEEXZXGYXC05
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (II) each type of transaction; (iii) each date; and (iv) each place where the transactions have been conducted
	Description of the financial instrument, type of instrument	Financial instrument linked to share
a)	Identification code	N/A
b)	Nature of the transaction	Exercise of share option
	Price(s) and volume(s)	Price(s) in NOK	Volume(s)
c)		91.56	15,000
d)	Aggregated information - Aggregated volume	15,000
	Aggregated information - Price	NOK 1,373,400
e)	Date of the transaction	29.07.2021 15:30 CEST
f)	Place of the transaction	XOFF  Outside a regulated market

5	Details of the transaction(s): section to be repeated for (i) each type of instrument; (II) each type of transaction; (iii) each date; and (iv) each place where the transactions have been conducted
	Description of the financial instrument, type of instrument	Shares
a)	Identification code	NO0010657505
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) in NOK	Volume(s)
		91.56	15,000
d)	Aggregated information - Aggregated volume	15,000
	Aggregated information - Price	NOK 1,373,400
e)	Date of the transaction	29.07.2021 15:30 CEST
f)	Place of the transaction	XOFF  Outside a regulated market
	Details of the transaction(s): section to be repeated for (i) each type of instrument; (II) each type of transaction; (iii) each date; and (iv) each place where the transactions have been conducted
6
	Description of the financial instrument, type of instrument	Shares
a)	Identification code	NO0010657505
b)	Nature of the transaction	Sale
		Price(s) in NOK	Volume(s)
c)	Price(s) and volume(s)	230.38	13,500
d)	Aggregated information - Aggregated volume	13,500
	Aggregated information - Price	NOK 3,110,130
e)	Date of the transaction	29.07.2021 15:30 CEST