Completed share capital reduction in connection with share repurchase programme

Following the share repurchase programme announced 14 July 2023, which was executed in the period 14 July 2023 until 6 November 2023, the Annual General Meeting in Norske Skog ASA (the “Company”) resolved on 11 April 2024 to reduce the Company’s share capital with NOK 37,705,880, from NOK 377,058,820 to NOK 339,352,940, by cancellation of 9,426,470 shares owned by the Company. The number of shares issued by the Company is reduced from 94,264,705 shares to 84,838,235 shares. The amount of the reduction is used to cancel the Company’s own shares.

The creditor deadline for the share capital reduction has expired and the share capital reduction was completed in the Register of Business Enterprises on 28 June 2024.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, please contact:

Even Lund, Vice President Corporate Finance,
ir@norskeskog.com, +47 906 12 919