STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 December 2020 at 9.00 EET

During the 1 November 2020 - 30 November 2020 conversion period there was one conversion and a total of 8 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 15 December 2020, and trading in the new R shares will start on 16 December 2020.
Breakdown of shares after conversion:

A shares 176 254 415
R shares 612 365 572
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 237 490 972.
For further information, please contact:
Hanne Karrinaho
Head of Financial Communications
tel. +358 40 766 9452
Investor enquiries:
Ulla Paajanen
SVP, Investor Relations
tel. +358 40 763 8767
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 25 000 employees in over 30 countries. Our sales in 2019 were EUR 10.1 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com (http://www.storaenso.com)

STORA ENSO OYJ

For further information, please contact:
Hanne Karrinaho
Head of Financial Communications
tel. +358 40 766 9452
Investor enquiries:
Ulla Paajanen
SVP, Investor Relations
tel. +358 40 763 8767

https://news.cision.com/stora-enso-oyj/r/stora-enso-shares-converted,c3254795

(c) 2020 Cision. All rights reserved., source Press Releases - English