STORA ENSO OYJ STOCK EXCHANGE RELEASE 23 December 2025 at 16:45 EET
Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the
Securities Market Act from BlackRock, Inc on 23 December 2025.
On 22 December 2025, BlackRock's holding, including holding through financial
instruments, in Stora Enso's shares decreased below the 5 percent threshold.
+----------------+--------------+-----------------------------+---------------+
| |% of shares |% of shares and voting rights|Total of both |
| |and voting |through financial instruments|in % (7.A + |
| |rights |(total of 7.B) |7.B) |
| |(total of 7.A)| | |
+----------------+--------------+-----------------------------+---------------+
|Resulting |Below 5% |Below 5% shares |Below 5% shares|
|situation on the|shares | | |
|date on | |Below 5% voting rights |Below 5% voting|
|which threshold |Below 5% | |rights |
|was crossed or |voting rights | | |
|reached | | | |
+----------------+--------------+-----------------------------+---------------+
|Position of |4.31% shares |0.76% shares |5.07% shares |
|previous | | | |
|notification |Below 5% |Below 5% voting rights |Below 5% voting|
|(if applicable) |voting rights | |rights |
+----------------+--------------+-----------------------------+---------------+
+------------+--------+---------+-----------------+----------------------+
|A: Shares |
|and voting |
|rights |
+------------+--------+---------+-----------------+----------------------+
|Class/type |Number |% of shares and voting rights |
|of |of | |
|shares |shares | |
| |and | |
|ISIN code |voting | |
|(if |rights | |
|possible) | | |
+------------+--------+---------+-----------------+----------------------+
|Direct |Indirect|Direct |Indirect |
| | | | |
|(SMA 9:5) |(SMA 9:6|(SMA 9:5)|(SMA 9:6 and 9:7)|
| |and 9:7)| | |
+------------+--------+---------+-----------------+----------------------+
|FI0009005961| |Below 5% | |Below 5% shares |
| | |shares | | |
| | | | |Below 5% voting rights|
| | |Below 5% | | |
| | |voting | | |
| | |rights | | |
+------------+--------+---------+-----------------+----------------------+
|SUBTOTAL A |Below 5% |Below 5% shares |
| |shares | |
| | |Below 5% voting rights |
| |Below 5% | |
| |voting | |
| |rights | |
+------------+--------+---------+-----------------+----------------------+
B: Financial
Instruments
according
to SMA 9:6a
Type of Expiration Exercise/ Physical Number % of shares
financial date Conversion or of and voting
instrument Period cash shares rights
settlement and
voting
rights
American N/A N/A Physical Below 5% Below 5%
Depositary shares shares
Receipt
(US86210M1062) Below 5% Below 5%
voting voting rights
rights
Securities N/A N/A Physical Below 5% Below 5%
lent shares shares
Below 5% Below 5%
voting voting rights
rights
CFD N/A N/A Cash Below 5% Below 5%
shares shares
Below 5% Below 5%
voting voting rights
rights
SUBTOTAL B Below 5% Below 5%
shares shares
Below 5% Below 5%
voting voting rights
rights
Stora Enso has two series of shares. Each A share and every ten R shares carry
one vote. Stora Enso has 175,542,421 A shares and 613,077,566 R shares in issue.
The Company does not hold its own shares. The total number of Stora Enso shares
is 788,619,987 and the total number votes at least 236,850,177.
Investor enquiries:
Jutta Mikkola
SVP Investor Relations
tel. +358 50544 6061
Stora Enso
The forest is at the heart of Stora Enso, and we believe that everything made
from fossil-based materials today can be made from a tree tomorrow. We are the
leading provider of renewable products in packaging, biomaterials, and wooden
construction, and one of the largest private forest owners in the world. In
2024, Stora Enso had approximately 19,000 employees, and the Group sales were
EUR 9 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 in the USA OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF,
SEOJF). storaenso.com (https://www.storaenso.com/en/investors/governance/annual
-general-meeting)
STORA ENSO OYJ
Investor enquiries:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061