Vend Marketplaces ASA

Director's Dealing • Sep 1, 2021

Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade: Long-term incentive plan

Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade: Long-term incentive plan

1.9.2021 16:30:00 CEST | Schibsted | Mandatory notification of trade primary

insiders

Today a primary insider in Schibsted ASA, Andrew Kvålseth, has been granted

restricted B shares in connection with the long-term incentive plan (the

"Executive LTI Plan"), in addition to an extraordinary share allocation as

stated in his employment agreement.

The Executive LTI Plan is an annual 3-year rolling plan, part delivered in

restricted shares and part delivered in performance shares, with fulfilment in

Schibsted B-shares. The program is applicable to the CEO, the members of

Schibsted's Executive Team as well as to a few selected key roles, and will be

transferred at the end of the 3-year program period.

The extraordinary share allocation consists of Schibsted B shares. 50% of the

award will vest 1 year following the grant date and 50% 2 years following the

grant date. The shares will be transferred to the grantee following each of the

vesting dates.

For more information on the LTI Plan, please refer to Schibsted ASA's annual

report 2020 under the section "The Board of Directors' Statement of Executive

Compensation for Schibsted excluding Adevinta".

Please see the attached form(s) for notification and public disclosure of

transactions, including net number* of restricted shares granted to primary

insiders.

* Net number of restricted B-shares to be received on the vesting date. The net

number of restricted shares is partially based on the participant's current

marginal tax rate. The actual number of shares received at the vesting date may

vary, should the participant's margin tax rate at the vesting date have changed.

Oslo, 1 September 2021

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 Langtvet, 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 holds a majority ownership 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/17847482/816/1069/Download%20announcement%

20as%20PDF.pdf

LTI Grant 2021_Kvalseth_Altinn skjema KRT 1500.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/816/1068/LTI%20Grant%202021_Kvals

eth_Altinn%20skjema%20KRT%201500.pdf