Stora Enso Oyj — Share Issue/Capital Change 2021

May 14, 2021

Stora Enso shares converted

Stora Enso shares converted

STORA ENSO OYJ STOCK EXCHANGE RELEASE 14 May 2021 at 9.00 EEST

During the 1 April 2021 – 30 April 2021 conversion period there were three
conversions and a total of 1 190 A shares were converted into R shares. The
shares were recorded in the Finnish trade register today, 14 May 2021, and
trading in the new R shares will start on 17 May 2021.
Breakdown of shares after conversion:

A shares 176 250 795
R shares 612 369 192
Total 788 619 987

Each A share and each ten R shares carry one vote. The total amount of votes
after the conversion is at least 237 487 714.
For further information, please contact:
Hanne Karrinaho
Head of Financial Communications
tel. +358 40 766 9452

Investor enquiries:
Ulla Paajanen
SVP, Investor Relations
tel. +358 40 763 8767
Part of the bioeconomy, Stora Enso is a leading global provider of renewable
solutions in packaging, biomaterials, wooden constructions and paper. We believe
that everything that is made from fossil-based materials today can be made from
a tree tomorrow. Stora Enso has some 23 000 employees, and sales in over 50
countries. Our sales in 2020 were EUR 8.6 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:
Hanne Karrinaho
Head of Financial Communications
tel. +358 40 766 9452

Investor enquiries:
Ulla Paajanen
SVP, Investor Relations
tel. +358 40 763 8767