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Transaction in Own Shares • Jun 12, 2023

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

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

12.6.2023 22:53:39 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 06 June until 12 June 2023, Schibsted has purchased a total of

118,800 own A-shares at an average price of NOK 203.2156 per share, and a total

of 145,200 own B-shares at an average price of NOK 191.7473 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily

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

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

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

06 Jun 2023 | 24,300 | 204.6483 | 4,972,953

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

07 Jun 2023 | 24,300 | 207.8823 | 5,051,539

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

08 Jun 2023 | 37,300 | 206.2400 | 7,692,753

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

09 Jun 2023 | 16,700 | 194.8358 | 3,253,759

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

12 Jun 2023 | 16,200 | 195.7411 | 3,171,006

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

Total for period | 118,800 | 203.2156 | 24,142,009

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

Previously | 2,256,380 | 198.4132 | 447,695,473

disclosed | | |

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

Total for | 2,375,180 | 198.6534 | 471,837,482

programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily

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

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

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

06 Jun 2023 | 29,700 | 193.6564 | 5,751,595

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

07 Jun 2023 | 29,700 | 198.2409 | 5,887,754

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

08 Jun 2023 | 32,200 | 194.2826 | 6,255,899

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

09 Jun 2023 | 33,800 | 185.2212 | 6,260,478

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

12 Jun 2023 | 19,800 | 186.1606 | 3,685,980

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

Total for period | 145,200 | 191.7473 | 27,841,706

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

Previously | 2,757,675 | 188.4919 | 519,799,326

disclosed | | |

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

Total for | 2,902,875 | 188.6547 | 547,641,032

programme | | |

Following the transactions above, Schibsted has bought back a total of 5,278,055

shares with a transaction value of approx. NOK 1,019,478,514 under the buyback

programme.

The issuer's holding of own shares:

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

2,375,180 own A-shares, and a total of 3,345,416 own B-shares, corresponding to

2.44% 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, 12 June 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/17847482/2431/3374/Download%20announcement

%20as%20PDF.pdf

20230612 SCHA Trade details.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/2431/3372/20230612%20SCHA%20Trade

%20details.pdf

20230612 SCHB Trade details.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/2431/3373/20230612%20SCHB%20Trade

%20details.pdf