Stora Enso Oyj — Director's Dealing 2026

May 12, 2026

Stora Enso: Managers' transactions - Scaltritti

Stora Enso: Managers' transactions - Scaltritti

STORA ENSO OYJ MANAGERS' TRANSACTIONS 12 May 2026 at 9:00 EEST

Stora Enso's Annual General Meeting on 24 March 2026 resolved that the annual
remuneration for the members of the Board of Directors be paid in Company shares
and cash, so that 40% will be paid in Stora Enso R shares to be purchased on the
Board members' behalf, and the rest in cash. In accordance with this resolution,
shares have been acquired as follows:

Stora Enso Oyj - Managers' Transactions

____________________________________________

Person subject to the notification requirement

Name: Elena Scaltritti

Position: Member of the Board/Deputy member

Issuer: Stora Enso Oyj

LEI: 7437000ZP669LKUTZ738

Notification type: INITIAL NOTIFICATION

Reference number: 156203/5/4

____________________________________________

Transaction date: 2026-05-11

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009005961

Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details

(1): Volume: 3618 Unit price: 0 EUR

Aggregated transactions (1):

Volume: 3618 Volume weighted average price: 0 EUR

For total ownership of Stora Enso's shares by the members of the Board of
Directors, please see our
website (https://www.storaenso.com/en/investors/governance/insiders/pdmr
-ownership).

Stora Enso is a global leader in renewable materials with a strong focus on
packaging. Our purpose is to replace non-renewable materials with renewable
solutions. Together with our customers, we design and deliver competitive, high
-quality packaging materials and solutions, made from fresh and recycled fibers,
accelerating the transition to a circular bioeconomy.

Stora Enso has approximately 19,000 employees and our sales in 2025 were EUR 9.3
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 on OTC
Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF).
storaenso.com/investors (http://www.storaenso.com/investors/)
STORA ENSO OYJ

For further information, please contact:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061
Hanna Rutanen
SVP Communications
Tel. +358 41 507 1361