On 31 August 2020, primary insider Tom Erik Foss-Jacobsen, Executive Vice
President - BioSolutions, sold 10,000 shares in Borregaard ASA at an average
price of NOK 129.42 per share.

Following this transaction, Tom Erik Foss-Jacobsen owns 28,828 shares and has
87,000 stock options in Borregaard ASA.

Borregaard ASA,
Sarpsborg, 31 August 2020

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.

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