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Regulatory press release

NSKOG: Status share repurchase programme

Norske Skog
Transactions made under Norske Skog ASA's share repurchase programme.

Announcement date of the share repurchase programme: 14 July 2023

End date of the share repurchase programme: The earlier of 31 December and when
the maximum number of shares have been repurchased.

Overview of transactions.

Date Aggregate daily Volume weighted Total
volume (no. of average price transaction
shares) (NOK) value (NOK)
23.10.2023 116 726 38.42 4 484 543
24.10.2023 116 726 39.68 4 631 839
25.10.2023 116 541 39.80 4 638 250
26.10.2023 116 726 40.06 4 675 939
27.10.2023 116 726 41.05 4 791 182
Total transactions under the 8 766 616 44.05 386 200 034
programme:

Following the above listed transactions, Norske Skog ASA owns a total of 8 766
616 own shares, representing 9.30% of Norske Skog ASA's share capital.

Attachment: An overview of all the completed transactions under the programme
for the dates specified above is attached to this notification and available on
www.newsweb.no.

This information is pursuant to the EU Market Abuse Regulation and subject to
the disclosure requirements pursuant to Section 5-12 the Norwegian Securities
Trading Act.

For further information:

Norske Skog media:
Vice President Communication and Public Affairs
Carsten Dybevig
carsten.dybevig@norskeskog.com
Mob: +47 917 63 117

Norske Skog Investor Relations:
Investor relations manager
Even Lund
Even.lund@norskeskog.com
Mob: +47 906 12 919
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