Borregaard ASA: Share buy-back programme completed

05 Dec 2024 16:45 CET

05.12.2024: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Reference is made to the stock exchange notice of 15 November 2024 where
Borregaard announced the intent to repurchase up to 200,000 of its outstanding
common stock. The repurchase of shares will be conducted in a period from
18(th) November up to and including 20(th) December 2024 at the latest.

Borregaard has in the period from 27 November up to and including 5 December in
total purchased 90,604 own shares through broker at an average price of NOK
184.47 per share.

By these transactions, Borregaard has completed its share buy-back programme by
repurchasing 200,000 shares of its outstanding common stock.

Aggregated overview of transactions per day:

+---------------------+------------------+----------------+--------------------+
|Date |Aggregated daily |Weighted average|Total daily |
| |volume (number of |share price per |transaction value |
| |shares) |day (NOK) |(NOK) |
+---------------------+------------------+----------------+--------------------+
|27.11.2024 |15,628 |182.3679 |2,850,045.54 |
+---------------------+------------------+----------------+--------------------+
|28.11.2024 | 9,331 |183.2427 |1,709,837.63 |
+---------------------+------------------+----------------+--------------------+
|29.11.2024 |15,628 |183.5277 |2,868,170.90 |
+---------------------+------------------+----------------+--------------------+
|02.12.2024 |15,628 |184.0406 |2,876,186.50 |
+---------------------+------------------+----------------+--------------------+
|03.12.2024 |15,628 |184.9601 |2,890,556.44 |
+---------------------+------------------+----------------+--------------------+
|04.12.2024 |12,000 |187.0305 |2,244,366.00 |
+---------------------+------------------+----------------+--------------------+
|05.12.2024 |6,761 |188.5733 |1,274,944.08 |
+---------------------+------------------+----------------+--------------------+
|  |  |  |  |
+---------------------+------------------+----------------+--------------------+
|Previously disclosed |109,396 |183.25 |20,047,257.71 |
|buys under the | | | |
|programme | | | |
|(accumulated) | | | |
+---------------------+------------------+----------------+--------------------+
|Accumulated under the|200,000 |183.81 |36,761,364.80 |
|buy-back programme | | | |
+---------------------+------------------+----------------+--------------------+


The issuer's holding of own shares:
Following the completion of the above transactions, Borregaard owns a total of
448,779 of own shares, corresponding to 0.45% of Borregaard's share capital.

Appendix:
A detailed overview of all transactions made under the buy-back programme that
have been carried out during the above-mentioned period is attached to this
report and available at www.newsweb.no.

Contact:
Lotte Kvinlaug, Investor Relations Officer, +47 922 86 909

This information is subject to the disclosure requirements pursuant to
Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 Article 2 section
3 and Section 5-12 of the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

633986_Detailed overview of transactions - final.pdf