Stora Enso Oyj

Major Shareholding Notification • Aug 8, 2025

Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (7 August 2025)

Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (7 August 2025)

STORA ENSO OYJ STOCK EXCHANGE RELEASE 8 August 2025 at 16:15 EEST

Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the
Securities Market Act from BlackRock, Inc on 8 August 2025.

On 7 August 2025, BlackRock's holding, including holding through financial
instruments, in Stora Enso's shares decreased below the 5 percent threshold.

+----------------+--------------+-----------------------------+---------------+
| |% of shares |% of shares and voting rights|Total of both |
| |and voting |through financial instruments|in % (7.A + |
| |rights |(total of 7.B) |7.B) |
| |(total of 7.A)| | |
+----------------+--------------+-----------------------------+---------------+
|Resulting |Below 5% |Below 5% shares |Below 5%shares |
|situation on the|shares | | |
|date on | |Below 5% voting rights |Below 5% voting|
|which threshold |Below 5% | |rights |
|was crossed or |voting rights | | |
|reached | | | |
+----------------+--------------+-----------------------------+---------------+
|Position of |4.10% shares |0.92% shares |5.03%shares |
|previous | | | |
|notification |Below 5% |Below 5% voting rights |Below 5% voting|
|(if applicable) |voting rights | |rights |
+----------------+--------------+-----------------------------+---------------+

A: Shares and
voting
rights
Class/type of Number of % of shares
shares shares and and voting
voting rights
ISIN code (if rights
possible)
Direct Indirect Direct Indirect

(SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6
and 9:7) and 9:7)
FI0009005961 Below 5% Below 5% shares
shares
Below 5% voting
Below 5% rights
voting
rights
SUBTOTAL A Below 5% Below 5%
shares shares

            Below 5%                Below 5%
            voting                  voting rights
            rights

B: Financial
Instruments
according
to SMA 9:6a
Type of Expiration Exercise/ Physical or Number % of shares
financial date Conversion cash of and voting
instrument Period settlement shares rights
and
voting
rights
American N/A N/A Physical Below 5% Below 5%
Depositary shares shares
Receipt
(US86210M1062) Below 5% Below 5%
voting voting rights
rights
Securites lent N/A N/A Physical Below 5% Below 5%
shares shares

                                                 Below 5%  Below 5%
                                                 voting    voting rights
                                                 rights

CFD N/A N/A Cash Below 5% Below 5%
shares shares

                                                 Below 5%  Below 5%
                                                 voting    voting rights
                                                 rights
                                    SUBTOTAL B   Below 5%  Below 5%
                                                 shares    shares

                                                 Below 5%  Below 5%
                                                 voting    voting rights
                                                 rights

Stora Enso has two series of shares. Each A share and every ten R shares carry
one vote. Stora Enso has 175,552,207 A shares and 613,067,780 R shares in issue.
The Company does not hold its own shares. The total number of Stora Enso shares
is 788,619,987 and the total number votes at least 236,858,985.
Investor enquiries:
Jutta Mikkola
SVP Investor Relations
tel. +358 50544 6061
Stora Enso
The forest is at the heart of Stora Enso, and we believe that everything made
from fossil-based materials today can be made from a tree tomorrow. We are the
leading provider of renewable products in packaging, biomaterials, and wooden
construction, and one of the largest private forest owners in the world. In
2024, Stora Enso had approximately 19,000 employees, and the Group sales were
EUR 9 billion. Stora Enso's shares are listed on Nasdaq Helsinki Oy (STEAV,
STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are
traded in the USA OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF,
SEOJF). storaenso.com (https://www.storaenso.com/en/investors/governance/annual
-general-meeting)

STORA ENSO OYJ

Investor enquiries:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061