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Related Party Transaction • Jun 16, 2020

Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade: Employee Share Saving Plan

Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade: Employee Share Saving Plan

Schibsted ASA has on 15 June 2020 sold 2,186 treasury B-shares to participants

in the Employee Share Saving Plan at a price of NOK 213.40 per B-share (the

price is set according to standard procedure for the program two days after the

release of Schibsted's Q1 2020 report, the closing price 08 May 2020). The

shares will be transferred to the participants in the coming days. The

transaction is related to the first enrollment window in the Employee Share

Saving Plan for 2020 for non-Norwegian employees which closed in February 2020,

and based on savings made during March 2020.

Shares sold and transferred to primary insider employees are disclosed in the

attachment.

After these transactions, Schibsted ASA holds 3,543,657 treasury A-shares and

1,356,851 treasury B-shares.

For more information on the employee share saving plan please refer to the

disclosure published 09 April 2014.

Oslo, 16 June 2020

SCHIBSTED ASA

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act