Shareholders

A weekly updated list of Top 20 largest Shareholders of Borregaard. Updated every Monday.

As of 14 September 2026, Borregaard had 12 107 shareholders, and 40.6% of the capital was held by foreign investors.

The largest foreign shareholdings (per citizenship) are in the UK+ Ireland 10.9%, Luxembourg 8.6%, The Netherlands 5.8% and the USA 5.3%.

The shareholder list below is based on the share register from Euronext Securities Oslo.

	Shareholder		Number of shares	% of capital
1	FOLKETRYGDFONDET		12003913	12.00391
2	MUST INVEST AS		7766000	7.76600
3	The Bank of New York Mellon SA/NV	Nominee	5183183	5.18318
4	PARETO AKSJE NORGE VERDIPAPIRFOND		3752509	3.75251
5	VERDIPAPIRFOND ODIN NORGE		3300525	3.30053
6	J.P. Morgan SE	Nominee	3072798	3.07280
7	The Bank of New York Mellon SA/NV	Nominee	2316778	2.31678
8	VERDIPAPIRFONDET DNB NORGE		1679479	1.67948
9	JPMorgan Chase Bank, N.A., London	Nominee	1661627	1.66163
10	Citibank Europe plc	Nominee	1475267	1.47527
11	J.P. Morgan SE	Nominee	1442078	1.44208
12	VERDIPAPIRFONDET STOREBRAND NORGE		1404008	1.40401
13	J.P. Morgan SE	Nominee	1340672	1.34067
14	JPMorgan Chase Bank, N.A., London	Nominee	1338223	1.33822
15	State Street Bank and Trust Comp	Nominee	1324600	1.32460
16	FORSVARETS PERSONELLSERVICE		1317107	1.31711
17	VERDIPAPIRFONDET KLP AKSJENORGE		1264595	1.26460
18	The Northern Trust Comp, London Br	Nominee	1247375	1.24738
19	VPF FONDSFINANS UTBYTTE		1100000	1.10000
20	J.P. Morgan SE	Nominee	1061916	1.06192
			55052653	55.052653

IR Contacts