Stora Enso shares converted

STORA ENSO OYJ STOCK EXCHANGE RELEASE 17 January 2022 at 9.00 EET

During the 1 December 2021 – 31 December 2021 conversion period there were two conversions and a total of 705 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 17 January 2022, and trading in the new R shares will start on 18 January 2022.

Breakdown of shares after conversion:

Each A share and each ten R shares carry one vote. The total amount of votes after the conversion is at least 237,481,008.

For further information, please contact:
Hanne Karrinaho
Head of Financial Communications
tel. +358 40 766 9452

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

Part of the bioeconomy, Stora Enso is a leading global provider of renewable solutions in packaging, biomaterials, wooden constructions and paper. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 23,000 employees and our sales in 2020 were EUR 8.6 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 (SEOAY).  storaenso.com/investors

STORA ENSO OYJ

For further information, please contact:
Hanne Karrinaho
Head of Financial Communications
tel. +358 40 766 9452

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