Borregaard ASA: Change in Group Executive Management

Group 1 - Knut-Harald Bakke has been appointed as EVP BioSolutions, effective from 1 August 2025, succeeding Tom Erik Foss-Jacobsen, who will become CEO on the same date [1] - Bakke currently serves as Director of Investor Relations and has held the position of Energy Director at Borregaard, with prior experience at Norsk Hydro [2] - Borregaard will initiate the process to appoint a new Director of Investor Relations, with CFO Per Bjarne Lyngstad taking on the interim responsibility from 1 August [3]