Borregaard

Major Shareholding Notification • Jan 5, 2021

Major shareholding disclosure

Major shareholding disclosure

The mutual funds managed by Nordea Funds Ltd. have passed a disclosure threshold as specified below:

Major shareholding disclosure

Aggregation date 05-01-2021

Issuer Name BORREGAARD ASA

Issuer ISIN NO0010657505

Disclosure threshold passed 5%

Changes due to Disposal

Shares

Total Shares Outstanding (incl. Treasury Shares) 100,000,000.00

Number of shares before event 5,006,148.00

Percentage of shares before event 5.00614%

Number of shares after event 4,983,359.00

Percentage of shares after event 4.98335%

Voting rights

Total Voting Rights 100,000,000.00

Number of voting rights before event 5,098,627.00

Percentage of voting rights before event 5.09862%

Number of voting rights after event 5,075,838.00

Percentage of voting rights after event 5.07583%