Borregaard — Environmental & Social Information 2019

Sep 23, 2019

Borregaard ASA: New supply contract for electric power with E-CO Energi

Borregaard ASA: New supply contract for electric power with E-CO Energi

Borregaard and E-CO Energi have entered into a long-term contract for

hydroelectric power for a total of 1,66 TWh to be supplied to the Sarpsborg site

in the period 2022 to 2033, with annual deliveries increasing from 88 GWh to

175 GWh. This represents approximately 20% of the site's annual consumption of

electric power for the period as a whole.

Sarpsborg, 23 September 2019

Contact:

Jørn Syvertsen, Director Investor Relations, +47 958 36 335

This information is subject to the disclosure requirements pursuant to Section

5 -12 of the Norwegian Securities Trading Act.