Adevinta — Share Issue/Capital Change 2021

Nov 25, 2021

Adevinta ASA (ADE) - Updated Articles of Association Following Exchange of Class B Shares Into Class A shares

Adevinta ASA (ADE) - Updated Articles of Association Following Exchange of Class B Shares Into Class A shares

Oslo, 25 November 2021

Reference is made to the disclosure of large shareholding in Adevinta ASA (“Adevinta”) on 19 November 2021 whereby notice was made that eBay International Holding GmbH, which is 100% owned by eBay Inc. (“eBay”), requested to convert 138,264,160 Class B Shares (non-voting shares) in Adevinta to ordinary Class A Shares.

Pursuant to Article 4 of Adevinta’s Articles of Association (Nw.: vedtekter), any holder of Class B Shares (non-voting shares) may, under certain terms and conditions and upon notice to Adevinta, request that Class B Shares (non-voting shares) are exchanged into ordinary Class A Shares. Adevinta’s Articles of Association have been amended and registered in the Norwegian Register of Business Enterprises (Nw.: Foretaksregisteret).

Following such exchange, the share capital in Adevinta remains unchanged, but the number of ordinary Class A Shares has increased by 138,264,160 and the number of Class B Shares (non-voting shares) has decreased by the same amount. The share capital of Adevinta is NOK 244,988,596.20 consisting of 1,165,686,913 ordinary Class A Shares and 59,256,068 Class B Shares (non-voting shares), each with a nominal value of NOK 0.20.

The Articles of Association in Norwegian and an unofficial English translation are available at the web address below:

www.adevinta.com/about-adevinta/corporate-governance/articles-of-association

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Contact information:

Adevinta Investor Relations

Marie de Scorbiac

VP Investor Relations & Corporate Affairs

+33 6 14 65 77 40

Anne-Sophie Jugean

Investor Relations Manager

+33 6 74 19 22 81

ir@adevinta.com

Adevinta Media Relations

Mélodie Laroche

Head of Corporate Communications

+33 6 84 30 52 76

melodie.laroche@adevinta.com

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About Adevinta:

Adevinta is a global online classifieds specialist, operating digital marketplaces in 16 countries. The company provides technology-based services to connect buyers with sellers and to facilitate transactions, from job offers to real estate, cars, consumer goods and more.

Adevinta's portfolio spans more than 40 digital brands, covering one billion people and attracting approximately three billion average monthly visits. Leading brands include top-ranked leboncoin in France, Germany's leading classifieds sites mobile.de and eBay Kleinanzeigen, Marktplaats in the Netherlands, Kijiji in Canada, fotocasa and InfoJobs in Spain, and 50% of fast- growing OLX Brasil. Adevinta spun off from Schibsted ASA and publicly listed in Oslo, Norway in 2019. Adevinta employs around 7,500 people committed to supporting users and customers daily. Find out more at Adevinta.com (https://www.adevinta.com/).

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This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.