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Transaction in Own Shares • Sep 4, 2023

Schibsted ASA (SCHA/SCHB) - Repurchase of own shares

Schibsted ASA (SCHA/SCHB) - Repurchase of own shares

4.9.2023 20:00:51 CEST | Schibsted | Acquisition or disposal of the issuer's own

shares

Please see below information about transactions made under the buyback programme

announced on 09 December 2022.

Date on which the repurchase programme was announced: 09 December 2022

The duration of the repurchase programme: The buyback programme will end no

later than 30 September 2023

Size of the repurchase programme: Up to 4% of issued shares (total issued shares

are approx. 234.3 million) with a maximum value of NOK 1.7 billion

For the period 29 August until 4 September 2023, Schibsted has purchased a total

of 97,200 own A-shares at an average price of NOK 224.9583 per share, and a

total of 118,800 own B-shares at an average price of NOK 208.0712 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily

| volume (number of | share price per | transaction value

| shares) | day (NOK) | (NOK)

---------------------------------------------------------------------------

29 Aug 2023 | 21,600 | 225.1643 | 4,863,548

---------------------------------------------------------------------------

30 Aug 2023 | 18,900 | 227.2718 | 4,295,437

---------------------------------------------------------------------------

31 Aug 2023 | 18,900 | 226.5149 | 4,281,132

---------------------------------------------------------------------------

01 Sep 2023 | 18,900 | 223.8802 | 4,231,336

---------------------------------------------------------------------------

04 Sep 2023 | 18,900 | 221.9309 | 4,194,494

---------------------------------------------------------------------------

Total for period | 97,200 | 224.9583 | 21,865,946

---------------------------------------------------------------------------

Previously | 3,535,138 | 199.5121 | 705,302,904

disclosed | | |

---------------------------------------------------------------------------

Total for | 3,632,338 | 200.1931 | 727,168,850

programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily

| volume (number of | share price per | transaction value

| shares) | day (NOK) | (NOK)

---------------------------------------------------------------------------

29 Aug 2023 | 26,400 | 208.4259 | 5,502,444

---------------------------------------------------------------------------

30 Aug 2023 | 23,100 | 209.8828 | 4,848,293

---------------------------------------------------------------------------

31 Aug 2023 | 23,100 | 209.2320 | 4,833,259

---------------------------------------------------------------------------

01 Sep 2023 | 23,100 | 207.1294 | 4,784,690

---------------------------------------------------------------------------

04 Sep 2023 | 23,100 | 205.6350 | 4,750,168

---------------------------------------------------------------------------

Total for period | 118,800 | 208.0712 | 24,718,853

---------------------------------------------------------------------------

Previously | 4,320,336 | 188 | 813,342,624

disclosed | | |

---------------------------------------------------------------------------

Total for | 4,439,136 | 188.7893 | 838,061,477

programme | | |

Following the transactions above, Schibsted has bought back a total of 8,071,474

shares with a transaction value of approx. NOK 1,565,230,327 under the buyback

programme.

The issuer's holding of own shares:

Following the completion of the above transactions, Schibsted owns a total of

3,632,338 own A-shares, and a total of 4,822,418 own B-shares, corresponding to

3.61% of total issued shares in Schibsted.

Appendix:

A detailed overview of all transactions made under the buyback programme that

have been carried out during the above-mentioned time period is attached to this

notice and available at www.newsweb.no.

Oslo, 4 September 2023

SCHIBSTED ASA

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section

5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Malin Ebenfelt, Investor Relations Officer, +47 916 86 710, ir@schibsted.com

ABOUT SCHIBSTED

Schibsted is a family of digital brands with a strong Nordic position, and more

than 5,000 employees. Millions of people enjoy interacting with our companies

every day through our online marketplaces such as FINN, Blocket and Oikotie; our

media houses including Aftenposten, VG and Aftonbladet; and digital services

like Lendo. We also help new promising businesses grow. Our joint mission of

empowering people in their daily lives is rooted in the values of our media

heritage and a legacy of bold change. At our best, we are a fearless force for

change in a society built on trust and transparency.

Schibsted is listed on Oslo Børs and has a sizable investment in Adevinta, a

company that was spun off and publicly listed as a separate company on Oslo Børs

in 2019.

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/2594/3624/Download%20announcement

%20as%20PDF.pdf

20230904 SCHA Trade details.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/2594/3622/20230904%20SCHA%20Trade

%20details.pdf

20230904 SCHB Trade details.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/2594/3623/20230904%20SCHB%20Trade

%20details.pdf