Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (22 April 2024)

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Apr 23, 2024, 09:46 ET

STORA ENSO OYJ STOCK EXCHANGE RELEASE 23 April 2024 at 16:00 EEST

HELSINKI, April 23, 2024 /PRNewswire/ -- Stora Enso Oyj has received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 23 April 2024.

On 22 April 2024, BlackRock's total holding, including holding through financial instruments, in Stora Enso's shares fell below the 5 percent threshold.

% of shares and
voting rights
(total of 7.A)

% of shares and
voting rights through
financial instruments
(total of 7.B)

Total of both in %
(7.A + 7.B)

Resulting situation
on the date on
which threshold
was crossed or
reached

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Position of
previous
notification (if
applicable)

4.99% shares

Below 5% voting rights

0.09% shares

Below 5% voting rights

5.09% shares

Below 5% voting rights

A: Shares and voting rights
Class/type of shares ISIN code (if possible)	Number of shares and voting rights					% of shares and voting rights
	Direct (SMA 9:5)		Indirect (SMA 9:6 and 9:7)			Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI0009005961			Below 5% shares Below 5% voting rights				Below 5% shares Below 5% voting rights
SUBTOTAL A	Below 5% shares Below 5% voting rights					Below 5% shares Below 5% voting rights

B: Financial Instruments according to SMA 9:6a
Type of financial instrument		Expiration date		Exercise/ Conversion Period	Physical or cash settlement		Number of shares and voting rights	% of shares and voting rights
American Depositary Receipt (US86210M1062)		N/A		N/A	Physical		Below 5% shares Below 5% voting rights	Below 5% shares Below 5% voting rights
Securities Lent		N/A		N/A	Physical		Below 5% shares Below 5% voting rights	Below 5% shares Below 5% voting rights
CFD		N/A		N/A	Cash		Below 5% shares Below 5% voting rights	Below 5% shares Below 5% voting rights
					SUBTOTAL B		Below 5% shares Below 5% voting rights	Below 5% shares Below 5% voting rights

Stora Enso has two series of shares. Each A share and every ten R shares carry one vote. Stora Enso has 175,979,614 A shares and 612,640,373 R shares in issue. The company does not hold its own shares. The total number of Stora Enso shares is 788,619,987 and the total number votes at least 237,243,651.

Full chain of controlled undertakings through which the voting rights and financial instruments are effectively held starting with the ultimate controlling natural person or legal entity is presented in the enclosed annex.

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 create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 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 OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors

STORA ENSO OYJ

CONTACT:

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

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/stora-enso-oyj/r/stora-enso-oyj--notification-of-change-in-holdings-according-to-chapter-9--section-10-of-the-finnish,c3966102

The following files are available for download:

https://mb.cision.com/Main/13589/3966102/2752242.pdf

Annex_2024-04-22

SOURCE Stora Enso Oyj