Stora Enso Oyj

Director's Dealing • May 15, 2017

Disclosure 352414

Stora Enso Oyj - Managers' transactions

Stora Enso: Managers’ transactions – Göran Sandberg

STORA ENSO OYJ MANAGERS’ TRANSACTIONS 15 May 2017 at 9.00 EEST Stora Enso Oyj - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: Sandberg, Göran Position: Member of the Board/Deputy member Issuer: Stora Enso Oyj LEI: 7437000ZP669LKUTZ738 Notification type: INITIAL NOTIFICATION Reference number: 7437000ZP669LKUTZ738_20170512092857_3 ____________________________________________ Transaction date: 2017-05-11 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009005961 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction Details (1): Volume: 2475 Unit price: 0.00000 EUR Aggregated transactions (1): Volume: 2475 Volume weighted average price: 0.00000 EUR For further information, please contact: Hanne Karrinaho, Head of Financial Communications, tel. +358 2046 21446 Investor enquiries: Ulla Paajanen-Sainio, SVP, Investor Relations, tel. +358 40 763 8767 Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil-based materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 25 000 people in more than 35 countries, and our sales in 2016 were EUR 9.8 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com (http://www.storaenso.com/) STORA ENSO OYJ For further information, please contact: Hanne Karrinaho Head of Financial Communications tel. +358 2046 21446 Investor enquiries: Ulla Paajanen-Sainio SVP, Investor Relations tel. +358 40 763 8767