Borregaard — Transaction in Own Shares 2021

Feb 22, 2021

Borregaard ASA: Repurchase of own shares

Borregaard ASA: Repurchase of own shares

22.02.2021: 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 13,000 own shares through broker at an average

price of NOK 166.33 per share.

After this transaction Borregaard holds a total of 393,579 own shares,

representing 0.39% 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.