Stora Enso Oyj

Director's Dealing • Mar 3, 2020

Disclosure 380089

Stora Enso Oyj - Managers' transactions

Stora Enso: Managers' transactions – Ulrika Lilja

STORA ENSO OYJ MANAGERS’ TRANSACTIONS 3 March 2020 at 10.00 EET On 2 March 2020, Stora Enso’s Group Leadership Team members received shares under Stora Enso’s Long-Term Incentive (LTI) plan. The performance shares were awarded in 2017 and were based on the person’s position at that time. Stora Enso Oyj - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: LILJA, ULRIKA Position: Other senior manager Issuer: Stora Enso Oyj LEI: 7437000ZP669LKUTZ738 Notification type: INITIAL NOTIFICATION Reference number: 7437000ZP669LKUTZ738_20200302121822_3 ____________________________________________ Transaction date: 2020-03-02 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009005961 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION Transaction details (1): Volume: 7,690 Unit price: 0.00 EUR Aggregated transactions (1): Volume: 7,690 Volume weighted average price: 0.00 EUR For total ownership of Stora Enso’s shares by the Group Leadership Team members, please see our website (https://www.storaenso.com/en/investors/governance/insiders/pdmr -ownership). 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 26 000 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