Stora Enso shares converted

STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 August 2023 at 9:00 EEST

During the 1–31 July 2023 conversion period there were four conversions and a total of 745 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 15 August 2023, and trading in the new R shares will start on 16 August 2023.

Breakdown of shares after conversion:

A shares     176,232,672
R shares     612,387,315
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 237,471,403.

For further information, please contact:
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 Group sales in 2022 of 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 (SEOAY). storaenso.com/investors

STORA ENSO OYJ

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