Reference is made to the stock exchange announcement earlier today regarding the
agreement entered into between eBay Inc. ("eBay") and Permira regarding sale of
shares in Adevinta ASA ("Adevinta").

Pursuant to the agreement, eBay International Management B.V., which is 100%
owned by eBay, will sell 124,944,185 Class A Shares in Adevinta, with a 30-day
option for Permira to purchase an additional 9,799,543 Class A Shares. 

Upon completion of the transaction, which is expected to take place in Q4 2021,
eBay will, through its ownership in eBay International Management  B.V. and eBay
International Holding GmbH, indirectly own in total (i) 217 530 066 Class  A 
Shares, representing  approximately 21% of the Class A Shares and associated
voting rights in the Company, and (ii) 197,520,228 Class B Shares, which 
together  with  the  Class  A  Shares owned by eBay, amounts to approximately
34% of the Company's outstanding share capital. If Permira exercises the option
to acquire additional shares, eBay's total ownership stake in Adevinta will be
reduced to 33%. 

eBay International Management B.V. is a close associate of board members Marie
Oh Huber and Mark Solomons. Please find a PDMR-notification attached.

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© Oslo Bors ASA, source Oslo Stock Exchange