Change in Stora Enso’s Group Leadership Team

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 1 September 2023 at 15:30 EEST

Annette Stube, Executive Vice President Sustainability, and a member of the Group Leadership Team, has decided to leave her role at Stora Enso to assume a position in another company. She will leave Stora Enso during the first quarter of 2024.

“As a leader in renewable materials, sustainability is at the very core of Stora Enso’s business strategy. Since joining Stora Enso, Annette has been influential in advancing our sustainability agenda and defining and driving our commitment towards being 100% regenerative by 2050. It has been a true privilege to work alongside Annette and I want to express my warmest thanks, while also wishing her the best of luck in her future endeavors,” says Stora Enso’s President and CEO Annica Bresky.

“Stora Enso’s deep and genuine understanding of sustainability as a key business enabler has been truly inspiring for me. The commitment to become regenerative serves as a guiding light in its decisions and I am confident that Stora Enso will vastly benefit from this going forward. I want to express a heartfelt thanks to all the talented and engaged people at Stora Enso that have inspired and collaborated with me during my time in the company,” says Annette Stube.

For further information, please contact:
Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 21,000 employees and our sales in 2022 were EUR 11.7 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors

STORA ENSO OYJ

For further information, please contact:
Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691

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