Stora Enso Oyj

Share Issue/Capital Change • Dec 15, 2025

Stora Enso shares converted

Stora Enso shares converted

STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 December 2025 at 09:30 EET

During the 1 November—30 November 2025 conversion period there were two
conversions, and a total of 150 Ashares were converted into R shares. The shares
were recorded in the Finnish trade register today, 15 December 2025, and trading
in the new R shares will start on 16 December 2025.
Breakdown of shares after conversion:
A shares     175,542,421
R shares     613,077,566
Total           788,619,987
Each A share and every ten R shares carry one vote. The total amount of votes
after the conversion is at least 236,850,177.
For further information, please contact:
Jutta Mikkola
SVP Investor Relations
tel. +358 50544 6061
Stora Enso

The forest is at the heart of Stora Enso, and we believe that everything made
from fossil-based materials today can be made from a tree tomorrow. We are the
leading provider of renewable products in packaging, biomaterials, and wooden
construction, and one of the largest private forest owners in the world. Stora
Enso has approximately 19,000 employees and our sales in 2024 were EUR 9
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 on OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF).
storaenso.com/investors

STORA ENSO OYJ

For further information, please contact:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061