Borregaard — Share Issue/Capital Change 2024

Feb 5, 2024

Borregaard ASA: Shares for employees 2024

Borregaard ASA: Shares for employees 2024

5 February 2024: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Borregaard employees have been given the opportunity to buy shares at a

discounted price. The offer is valid from 5 February up to and including 9

February 2024. The price per share will be equal to the average volume weighted

market price on 9 February 2024, with a 25% discount. Under the programme,

employees may buy shares for a total amount of either NOK 5 000, NOK 15 000, NOK

25 000, NOK 40 000, NOK 55 000, or NOK 70 000.

Contact:

Lotte Kvinlaug, Investor Relations Officer, +47 922 86 909