Shareholders

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

As of 5 October 2026, Borregaard had 12 199 shareholders, and 40.4% of the capital was held by foreign investors.

The largest foreign shareholdings (per citizenship) are in the UK+ Ireland 9.5%, Luxembourg 8.4%, The Netherlands 5.8% and the USA 5.5%.

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

	Shareholder		Number of shares	% of capital
1	FOLKETRYGDFONDET		12000849	12.00085
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	3062305	3.06231
7	The Bank of New York Mellon SA/NV	Nominee	2302099	2.30210
8	JPMorgan Chase Bank, N.A., London	Nominee	1652982	1.65298
9	VERDIPAPIRFONDET DNB NORGE		1622085	1.62209
10	State Street Bank and Trust Comp	Nominee	1570058	1.57006
11	J.P. Morgan SE	Nominee	1442078	1.44208
12	VERDIPAPIRFONDET STOREBRAND NORGE		1413960	1.41396
13	JPMorgan Chase Bank, N.A., London	Nominee	1388405	1.38841
14	Citibank Europe plc	Nominee	1353591	1.35359
15	J.P. Morgan SE	Nominee	1340672	1.34067
16	The Bank of New York Mellon SA/NV	Nominee	1340219	1.34022
17	FORSVARETS PERSONELLSERVICE		1317107	1.31711
18	VPF FONDSFINANS UTBYTTE		1217616	1.21762
19	VERDIPAPIRFONDET KLP AKSJENORGE		1157393	1.15739
20	J.P. Morgan SE	Nominee	1061916	1.06192
			55245552	55.245552

IR Contacts