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Regulatory press release

Borregaard ASA: Shares for employees 2026

Borregaard
2 March 2026: Borregaard ASA ("Borregaard", OSE ticker: BRG)

Reference is made to the stock exchange notices of 9 and 16 February regarding
the shares to employees' programme. Today Borregaard transferred in total
212,596 shares to the 503 employees who participated in this year's programme.

After this transfer Borregaard owns 55,867 treasury shares.

Contact:
Lotte Kvinlaug, Investor Relations Officer, +47 922 86 909
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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.