Borregaard

Director's Dealing • Jan 31, 2024

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, 31.01.24: 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	Gisle Løhre Johansen
2	Reason for the notification
a)	Position/status	Executive Vice President
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
Transaction 1
a)	Description of the financial instrument, type of instrument Identification code	Financial instrument linked to share N/A
b)	Nature of the transaction	Exercise of share option
c)	Price(s) and volume(s)	Price(s) in NOK	Volume(s)
		91.35	14,900
d)	Aggregated information - Aggregated volume	14,900
	Aggregated information - Price	NOK 1,361,115
e)	Date of the transaction	31.01.24
f)	Place of the transaction	XOFF – Outside a regulated market

Transaction 2
	Description of the financial instrument, type of instrument	Share
a)	Identification code	NO0010657505
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) in NOK	Volume(s)
		91.35	14,900
d)	Aggregated information - Aggregated volume	14,900
	Aggregated information - Price	NOK 1,361,115
e)	Date of the transaction	31.01.24
f)	Place of the transaction	XOFF – Outside a regulated market
Transaction 3
	Description of the financial instrument, type of instrument	Share
a)	Identification code	NO0010657505
b)	Nature of the transaction	Sale
c)	Price(s) and volume(s)	Price(s) in NOK	Volume(s)
		178.29	14,900
d)	Aggregated information - Aggregated volume	14,900
	Aggregated information - Price	NOK 2,656,521
e)	Date of the transaction	31.01.24
f)	Place of the transaction	XOFF – Outside a regulated market