STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 September 2021 at 9.00 EEST

During the 1 August 2021 - 31 August 2021 conversion period there were two conversions and a total of 1 209 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 15 September 2021, and trading in the new R shares will start on 16 September 2021.

Breakdown of shares after conversion:

A shares 176 248 633
R shares 612 371 354
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 237 485 768.

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 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:
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,c3415262

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