Norske Skog ASA ("Norske Skog", Oslo Børs Ticker: NSKOG) has been notified that
the following transaction has been completed today, 27 April 2023, by a primary
insider in Norske Skog:

Byggma ASA ("Byggma") has today bought 500,000 shares in Norske Skog for an
average price of NOK 46.3858 per share. Byggma is closely associated with Geir
Drangsland, Chair and primary insider in Norske Skog.

After the purchase, Geir Drangsland owns and/or controls 22,774,079 shares
(equal to approximately 24.2%) in Norske Skog ASA.

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

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