Byggma ASA, a company ultimately controlled by Geir Drangsland through Investor
AS, has today 25 August 2022 purchased 7,246,376 shares in Norske Skog ASA (the
"Company"). Byggma ASA will following completion of the share transaction hold
11,962,734 shares in the Company, corresponding to approx. 12,7 % of the total
outstanding shares.
 
Consequently, Investor AS and its related parties will following completion of
the share transaction hold in aggregate 16,678,882 shares in the Company,
including the already held 4,716,148 shares corresponding to approx. 5 % of the
Company's outstanding shares through the related party Drangsland Kapital AS.
 
In total, Investor AS and its related parties will hold 16,678,882 shares
corresponding to approx. 17,7 % of the total outstanding shares in the Company.
 
This disclosure is made pursuant to Section 4-2 of the Norwegian Act on
Securities Trading.