3 February 2025: Borregaard ASA ("Borregaard”, OSE ticker: BRG)

Borregaard employees have been given the opportunity to buy shares at a discounted price. The offer is valid from 3 February up to and including 7 February 2025. The price per share will be equal to the average volume weighted market price on

7 February 2025, with a 25% discount. Under the programme, employees may buy shares for a total amount of either NOK 5 000, NOK 15 000, NOK 25 000, NOK 40 000, NOK 55 000, or NOK 74 000.

Contact:

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