Borregaard

Transaction in Own Shares • Feb 25, 2021

Borregaard ASA: Repurchase of own shares

Borregaard ASA: Repurchase of own shares

25.02.2021: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Reference is made to the stock exchange notice of 19 February 2021 where

Borregaard announced the intent to repurchase up to 250,000 of its outstanding

common stock.

Borregaard has today purchased 22,000 own shares through broker at an average

price of NOK 165.03 per share.

After this transaction Borregaard holds a total of 270,696 own shares,

representing 0.27% of total shares outstanding.

Contact:

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

This information is subject to the disclosure requirements pursuant to Section

5 -12 of the Norwegian Securities Trading Act.