Roy Kåre Appelgren, observer of the Board of Borregaard ASA, has on 31 August
2020 sold 2,000 shares in Borregaard ASA at a price of NOK 127,51 per share.
Following this transaction, Roy Kåre Appelgren owns 1,005 shares in Borregaard
ASA.
Sarpsborg, 1 September 2020
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.