Published: 2026-02-11 17:15:14 EET
Stora Enso Oyj - Major shareholder announcements

Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (10 February 2026)

STORA ENSO OYJ STOCK EXCHANGE RELEASE 11 February 2026 at 17:15 EET

Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the
Securities Market Act from BlackRock, Inc on 11 February 2026.

On 10 February 2026, 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     |4.59% shares  |0.49% shares                 |5.08% 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 175,542,328 A shares and 613,077,659 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 236,850,093.


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 (https://www.storaenso.com/en/investors)
STORA ENSO OYJ

Investor enquiries:
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061