Stora Enso Oyj — M&A Activity 2022

Sep 8, 2022

Supplementary information: Stora Enso acquires Dutch company De Jong Packaging Group to accelerate growth in renewable corrugated packaging

Supplementary information: Stora Enso acquires Dutch company De Jong Packaging Group to accelerate growth in renewable corrugated packaging

STORA ENSO OYJ INSIDER INFORMATION 8 September 2022 at 16:20 EEST

Supplementary information to Stora Enso's stock exchange release published today
at 9:00 EEST ( (https://www.storaenso.com/en/newsroom/regulatory-and-investor
-releases/2022/9/stora-enso-acquires-dutch-company-de-jong-packaging-group-to
-accelerate-growth-in-renewable-corrugated
-packaging)link (https://www.storaenso.com/en/newsroom/regulatory-and-investor
-releases/2022/9/stora-enso-acquires-dutch-company-de-jong-packaging-group-to
-accelerate-growth-in-renewable-corrugated
-packaging)) (https://www.storaenso.com/en/newsroom/regulatory-and-investor
-releases/2022/9/stora-enso-acquires-dutch-company-de-jong-packaging-group-to
-accelerate-growth-in-renewable-corrugated-packaging). De Jong Packaging Group's
historical financials are in the table below:

De Jong Packaging Group, key figures

EUR million 2020 2021
Net sales 540 683
EBITDA 70 75
Total assets, 31 Dec 186 273
Net debt including IFRS 16 (leases), 31 Dec 88 119
Liabilities related to IFRS 16, 31 Dec 69 69

Unaudited proforma IFRS based upon Dutch GAAP.
Sources: Reports from Seller and due diligence reports from Seller's and Stora
Enso's advisors.

For further information, please contact:
Carl Norell
Press officer
tel. +46 72241 0349
Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70210 7691
Part of the global bioeconomy, Stora Enso is a leading provider of renewable
products in packaging, biomaterials, wooden construction and paper, and one of
the largest private forest owners in the world. We believe that everything that
is made from fossil-based materials today can be made from a tree tomorrow.
Stora Enso has approximately 22,000 employees and our sales in 2021 were EUR
10.2 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV)
and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in
the USA as ADRs (SEOAY).
storaenso.com/investors (http://www.storaenso.com/investors/)
STORA ENSO OYJ

For further information, please contact:
Carl Norell
Press officer
tel. +46 72 241 0349
Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691