Vend Marketplaces ASA

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

16.7.2021 15:09:13 CEST | Schibsted | Mandatory notification of trade primary

insiders

Today primary insiders in Schibsted ASA have been granted restricted B-shares in

connection with the long-term incentive plan (the "Executive LTI Plan") which

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

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.

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, at the

end of the 3 year period. The net number of restricted shares is partially based

on each 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, 16 July 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, [email protected]

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/727/941/Download%20announcement%2

0as%20PDF.pdf

LTI Grant 2021 Altinn Skjema KRT 1500.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/727/940/LTI%20Grant%202021%20Alti

nn%20Skjema%20KRT%201500.pdf

AI Terminal