Mandatory notification of trade by Primary Insiders

Norske Skog ASA ("Norske Skog", Oslo Børs Ticker: NSKOG) has been notified that the following transactions have been completed today, 21 February 2022, by primary insiders in Norske Skog: Sven Ombudstvedt, Chief Executive Officer, has today bought 10,000 shares in Norske Skog for an average price of NOK 46.8175 per share. After the transaction, Mr. Ombudstvedt holds 62,631 shares. Tore Hansesætre, SVP Strategic Projects, has today bought 9,000 shares in Norske Skog for an average price of NOK 46.9273 per share. After the transaction, Mr. Hansesætre holds 14,263 shares. Lars P. S. Sperre, SVP Corporate Strategy, has today bought 5,000 shares in Norske Skog for an average price of NOK 46.9273 per share. After the transaction, Mr. Sperre holds 42,947 shares. Please refer to the attached notification of trading for further details. This information is subject to the disclosure requirements in the EU Market Abuse Regulation (EU 596/2014 article 19) and section 5-12 of the Norwegian Securities Trading Act. For further information, please contact: Even Lund, Investor Relations Manager, ir@norskeskog.com, +47 90 61 29 19