Notice is given to the shareholders of Stora Enso Oyj to the Annual General Meeting (the "AGM") to be held on 20 March 2024. The Board of Directors proposes to the AGM that a dividend of ?0.10 per share (which would correspond to ?78,861,998.70 in aggregate for all currently registered 788,619,987 shares) be distributed on the basis of the balance sheet to be adopted for the year 2023. The dividend would be paid to shareholders who on the record date of the dividend payment, 22 March 2024, are recorded in the shareholders' register maintained by Euroclear Finland Oy or in the separate register of shareholders maintained by Euroclear Sweden AB for Euroclear Sweden registered shares.

Dividends payable for Euroclear Sweden registered shares will be forwarded by Euroclear Sweden AB and paid in Swedish crowns. Dividends payable to ADR holders will be forwarded by Citibank N.A. and paid in US dollars. The dividend would be paid on or about 4 April 2024.