Tove Andersen , member of the board ofBorregaard ASA , has on27 October 2021 purchased 2,000 shares inBorregaard ASA at a price ofNOK 212.2273 per share. Following this transaction,Tove Andersen owns 6,000 shares inBorregaard ASA . The shares are purchased atOslo Stock Exchange . Shareholder-elected board members shall use 20% of their gross remuneration to purchase shares in the company until they own shares equal in value to one year's gross board remuneration. The shares shall be retained for as long as the board member serves on the board. Please see attached notifications for persons discharging managerial responsibilities in Borregaard in accordance with Regulation EU 596/2014 (MAR) article 19.Borregaard ASA Sarpsborg,27 October 2021 Contact:Lotte Kvinlaug , Investor Relations Officer, +47 922 86 909 This information is subject to the disclosure requirements pursuant to Section 3-1 of the Norwegian Securities Trading Act, cf. Regulation (EU) No 596/2014 of theEuropean Parliament and of the Council of16 April 2014 on market abuse (market abuse regulation) Article 19.
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