Stora Enso: Notice of a change in holdings under Chapter 9, Section 10 of the Finnish Securities Markets Act

STORA ENSO OYJ STOCK EXCHANGE RELEASE - Major shareholder announcements 6 July 2021 at 21.00 EEST

Stora Enso Oyj received on 6 July 2021 a notification under the Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which Wallenberg Investments AB's indirect holding in Stora Enso's shares exceeded the threshold of 10% on 5 July 2021.

This notification is made as Wallenberg Investments AB has acquired all shares of FAM AB, becoming an indirect owner of Stora Enso Oyj. FAM AB remains the direct owner of the shares in Stora Enso Oyj.

Total positions of Wallenberg Investments AB according to the notification:

	% of shares and voting rights (total of A)	% of shares and voting rights through financial instruments	Total of both in % (A)	Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	10.2% of shares,  27.3% voting rights		10.2% of shares,  27.3% voting rights	788,619,987 shares, 237,487,421 voting rights

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights

Class/type of shares	Number of shares and voting rights	Number of shares and voting rights	% of shares and voting rights	% of shares and voting rights
ISIN code (if possible)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
A share FI0009007603		63,123,386 shares and voting rights		8.0% of shares, 26.6% of voting rights
R share FI0009007611		17,000,000 shares, 1,700,000 voting rights		2.2% of shares, 0.7% of voting rights
SUBTOTAL A	80,123,386 shares, 64,823,386 voting rights		10.2% of shares, 27.3% of voting rights

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:

Name	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both
Wallenberg Investments AB	0%	0%	0%
FAM AB	10.2% of shares, 27.3% of voting rights	0%	10.2% of shares, 27.3% of voting rights

For further information, please contact:
Ulla Paajanen
SVP, Investor Relations
tel. [phone]

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 sales in over 50 countries. 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:
Ulla Paajanen
SVP, Investor Relations
tel. [phone]

https://news.cision.com/stora-enso-oyj/r/stora-enso--notice-of-a-change-in-holdings-under-chapter-9--section-10-of-the-finnish-securities-mar,c3380995

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