Stora Enso Oyj — Share Issue/Capital Change 2021

Feb 15, 2021

Stora Enso shares converted

Stora Enso shares converted

STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 February 2021 at 9.00 EET

During the 1 January 2021 – 31 January 2021 conversion period there was one
conversion and a total of 100 A shares were converted into R shares. The shares
were recorded in the Finnish trade register today, 15 February 2021, and trading
in the new R shares will start on 16 February 2021.
Breakdown of shares after conversion:

A shares 176 254 315
R shares 612 365 672
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 237 490 882.
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).
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