Byggma ASA, a company ultimately controlled by Geir Drangsland through Investor
AS, has today 21 July 2022 purchased 70,000 shares in Norske Skog ASA (the
"Company"). Byggma ASA will following completion of the share transaction hold
4,716,358 shares in the Company, corresponding to approx. 5 % of the total
outstanding shares.
 
Consequently, Investor AS and its related parties will following completion of
the share transaction hold in aggregate 9,432,506 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 9,432,506 shares
corresponding to approx. 10 % of the total outstanding shares in the Company.
 
This disclosure is made pursuant to Section 4-2 of the Norwegian Act on
Securities Trading.