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Related Party Transaction • Aug 3, 2020

Schibsted ASA (SCH/SCHB) - Mandatory notification of trade: redemption of shares in Blommenholm Industrier AS

Schibsted ASA (SCH/SCHB) - Mandatory notification of trade: redemption of shares in Blommenholm Industrier AS

Primary insider in Schibsted ASA and Adevinta ASA, Blommenholm Industrier AS,

will transfer 607,851 B-shares in Schibsted ASA and 4,320,781 shares in Adevinta

ASA to Beltenut AS. After these transfers, Blommenholm Industrier AS will own

30,013,354 B-shares in Schibsted ASA and 38,992,516 shares in Adevinta ASA.

Blommenholm Industrier AS also owns 28,541,262 A-shares in Schibsted ASA.

Following the transfers, Blommenholm Industrier AS will hold 25.04% of shares

outstanding and 26.87% of voting rights in Schibsted ASA and 5.69% of shares

outstanding and voting rights in Adevinta ASA.

The transfers are part of an agreement between the Tinius Trust and Blommenholm

Industrier AS and Beltenut AS/Jan Nagell-Erichsen to redeem the 50,000 non-

voting B-shares in Blommenholm Industrier AS held by Beltenut AS. The agreement

was resolved by the General Assembly of Blommenholm Industrier AS on 31 July

This operation does not impact the voting structure of Blommenholm Industrier AS

where the Tinus Trust controls all the votes and it does not lead to any change

in the Tinius Trust's ownership strategies for Schibsted and Adevinta.

The shares will be transferred following the expiration of the legally required

period set for creditor notification. The transfer of the Adevinta shares will

happen after the Extraordinary General Meeting in Adevinta ASA to approve the

acquisition of eBay Classifieds Group.

The Tinius Trust and Blommenholm Industrier AS are represented on the Board of

Schibsted ASA by Ole Jacob Sunde and Karl-Christian Agerup, and the Board of

Adevinta ASA by Terje Seljeseth.

For more information on the Tinius Trust and the redemption of shares, please

visit www.tinius.com (http://www.tinius.com).

Oslo, 03 August 2020

SCHIBSTED ASA

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act