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

15.6.2022 14:24:01 CEST | Schibsted | Mandatory notification of trade primary

insiders

Today, primary insiders in Schibsted ASA have been granted B-shares in the form

of restricted stock units in connection with the long-term incentive plan (the

"Executive LTI Plan") which will be transferred at the end of the 3-year

programme period.

The Executive LTI Plan is an annual 3-year rolling plan, part granted in

restricted stock units and part granted in performance cash units, with

fulfilment in Schibsted B-shares. The programme is applicable to the CEO, the

members of Schibsted's executive management team as well as to a few selected

key roles.

For more information on the LTI Plan, please refer to Schibsted ASA's

Remuneration Report 2021.

Please see the attached form(s) for notification and public disclosure of

transactions, including net number* of restricted stock units granted to primary

insiders.

* Net number of shares to be received on the vesting date, at the end of the

3-year programme period. The net number of 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, 15 June 2022

SCHIBSTED ASA

DISCLOSURE REGULATION

This information is subject to the disclosure requirements in article 19 of the

Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading

Act.

CONTACTS

* Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835,

ATTACHMENTS

Download announcement as PDF.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/1546/2115/Download%20announcement

%20as%20PDF.pdf

Altinn LTI 2022.pdf -

https://kommunikasjon.ntb.no/ir-files/17847482/1546/2114/Altinn%20LTI%202022.pdf

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