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Stora Enso shares converted

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 December 2022 at 9:15 EET

During the 1–30 November 2022 conversion period there was one conversion and a total of 267 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 15 December 2022, and trading in the new R shares will start on 16 December 2022.

Breakdown of shares after conversion:

A shares     176,238,280
R shares     612,381,707
Total           788,619,987

Each A share and each ten R shares carry one vote. The total amount of votes after the conversion is at least 237,476,450.

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 global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials, wooden construction and paper, 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 22,000 employees and our sales in 2021 were EUR 10.2 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

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