STORA ENSO OYJ STOCK EXCHANGE RELEASE 12 December 2024 at 9:00 EET

HELSINKI, Dec. 12, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries. Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees. The Group carefully aligns remuneration elements with its strategy and long-term financial interests.

The purpose of the plans is to align the key employees' interests with those of the shareholders to increase the Company's value in the long term, as well as to retain the key employees and offer them competitive share-based incentive schemes. The total combined target group for both plans consist of approximately 300 employees and the maximum plan opportunity is EUR 20 million at the time of grant. The potential rewards will be delivered as Stora Enso R shares and cash. The cash proportion is intended to cover taxes and statutory social security contributions arising from the reward to the recipient.

STORA ENSO OYJ INSIDE INFORMATION 11 December 2024 at 12:30 EET

HELSINKI, Dec. 11, 2024 /PRNewswire/ -- Stora Enso's Annual General Meeting on 20 March 2024 resolved that the Board of Directors is authorised to decide on the payment of an additional dividend for the year 2023 up to a maximum of EUR 0.20 per share. The Board of Directors has decided today, 11 December, to distribute an additional dividend of EUR 0.10 per share with the authorisations granted by the Annual General Meeting.

The dividend will be paid to a shareholder who, on the record date for the dividend payment, 13 December 2024, is registered in the company's shareholders' register maintained by Euroclear Finland Oy or in the separate register of shareholders maintained by Euroclear Sweden AB. The dividend will be paid on 20 December 2024.

STORA ENSO OYJ INSIDE INFORMATION 11 December 2024 at 12:30 EET

HELSINKI, Dec. 11, 2024 /PRNewswire/ -- Stora Enso's Annual General Meeting on 20 March 2024 resolved that the Board of Directors is authorised to decide on the payment of an additional dividend for the year 2023 up to a maximum of EUR 0.20 per share. The Board of Directors has decided today, 11 December, to distribute an additional dividend of EUR 0.10 per share with the authorisations granted by the Annual General Meeting.

The dividend will be paid to a shareholder who, on the record date for the dividend payment, 13 December 2024, is registered in the company's shareholders' register maintained by Euroclear Finland Oy or in the separate register of shareholders maintained by Euroclear Sweden AB. The dividend will be paid on 20 December 2024.

STORA ENSO OYJ INVESTOR NEWS 28 October 2024 at 8:00 EET

HELSINKI, Oct. 28, 2024 /PRNewswire/ -- Stora Enso has entered into an agreement to acquire 100% of the Finnish sawmill company Junnikkala Oy. This acquisition aims to secure a cost-efficient wood supply to Stora Enso's packaging board site in Oulu, Finland, and to support Stora Enso's wood products business with new production assets.

The total enterprise value (EV) for the transaction is up to EUR 137 million, a significant part of it being contingent upon achieving specific production milestones. The transaction is subject to customary closing conditions including regulatory approvals, and is expected to close in the first half of 2025.

STORA ENSO OYJ INTERIM REPORT 24 October 2024 at 8:30 EEST

HELSINKI, Oct. 24, 2024 /PRNewswire/ --

Q3/2024 (year-on-year)

STORA ENSO OYJ INTERIM REPORT 24 October 2024 at 8:30 EEST

HELSINKI, Oct. 24, 2024 /PRNewswire/ --

Q3/2024 (year-on-year)

STORA ENSO OYJ INSIDE INFORMATION 23 October 2024 at 13:00 EEST

HELSINKI, Oct. 23, 2024 /PRNewswire/ -- Stora Enso has decided to discontinue the divestment process for its Beihai packaging board production site and forestry business, announced in December 2022. Stora Enso is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group. Stora Enso's strategic ambition is to build on its global leading position in the fiber-based packaging market. The business of the Beihai site will be developed through a continued focus on operational excellence, cost optimisation, and product development. By adjusting the product mix to increase the share of liquid packaging board and other premium grades, the Beihai site will strengthen Stora Enso's leading position as a global supplier. No significant capital expenditure is expected in the mid-term. The Group's other liquid packaging board production sites include Imatra, Finland and Skoghall, Sweden, which together with Beihai, cater for major global customers while also serving local customers with high-quality products."Following a thorough review and negotiations with potential buyers, we have decided to terminate the divestment process and focus on the ongoing business. We are confident that Stora Enso is the best positioned to continue operating this site going forward. Given the recent global cost escalation of wood and logistics, the relative cost competitiveness of the Beihai site has improved. Through the Beihai site, we will continue to serve our global and most demanding customers with premium packaging board in the Asia Pacific region," says Stora Enso's President and CEO Hans Sohlström.Stora Enso owns approximately 80% of the Beihai production site and forest operations, its local partners and International Finance Corporation (IFC) remain owners of the balance. Impact on financial reportingThe Beihai site was classified as assets held for sale from the end of 2023. As at the end of September 2024, such classification has been ceased. Adjusted EBIT and IFRS operating result for Q1 to Q3/2024 will decrease by EUR 7.5 million per each quarter, EUR 30 million for the full year 2024, due to the inclusion of previously suspended depreciation into the restated results. Additionally, asset held for sale classification in balance sheet will be restated. There are no cash flow impacts as a result of the restatements. Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 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 OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investorsSTORA ENSO OYJ

STORA ENSO OYJ INSIDE INFORMATION 23 October 2024 at 13:00 EEST

HELSINKI, Oct. 23, 2024 /PRNewswire/ -- Stora Enso has decided to discontinue the divestment process for its Beihai packaging board production site and forestry business, announced in December 2022. Stora Enso is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group. Stora Enso's strategic ambition is to build on its global leading position in the fiber-based packaging market. The business of the Beihai site will be developed through a continued focus on operational excellence, cost optimisation, and product development. By adjusting the product mix to increase the share of liquid packaging board and other premium grades, the Beihai site will strengthen Stora Enso's leading position as a global supplier. No significant capital expenditure is expected in the mid-term. The Group's other liquid packaging board production sites include Imatra, Finland and Skoghall, Sweden, which together with Beihai, cater for major global customers while also serving local customers with high-quality products."Following a thorough review and negotiations with potential buyers, we have decided to terminate the divestment process and focus on the ongoing business. We are confident that Stora Enso is the best positioned to continue operating this site going forward. Given the recent global cost escalation of wood and logistics, the relative cost competitiveness of the Beihai site has improved. Through the Beihai site, we will continue to serve our global and most demanding customers with premium packaging board in the Asia Pacific region," says Stora Enso's President and CEO Hans Sohlström.Stora Enso owns approximately 80% of the Beihai production site and forest operations, its local partners and International Finance Corporation (IFC) remain owners of the balance. Impact on financial reportingThe Beihai site was classified as assets held for sale from the end of 2023. As at the end of September 2024, such classification has been ceased. Adjusted EBIT and IFRS operating result for Q1 to Q3/2024 will decrease by EUR 7.5 million per each quarter, EUR 30 million for the full year 2024, due to the inclusion of previously suspended depreciation into the restated results. Additionally, asset held for sale classification in balance sheet will be restated. There are no cash flow impacts as a result of the restatements. Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 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 OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investorsSTORA ENSO OYJ

STORA ENSO OYJ INVESTOR NEWS 10 October 2024 at 9:00 EEST

HELSINKI, Oct. 10, 2024 /PRNewswire/ -- Stora Enso will publish its Q3 results for January–September 2024 on Thursday 24 October at approximately 8:30 EEST (7:30 CEST).

Analysts, investors, and media are invited to participate in the webcast with a teleconference at 11:30 am EEST (10:30 CEST, 9:30 BST, 4:30 EDT) on the same day. The results will be presented by President and CEO Hans Sohlström and CFO Seppo Parvi. The presentation can be followed live via the link: https://stora-enso-oyj-q3-earnings-presentation-2024.open-exchange.net/.The webcast link will also be available on Stora Enso's website: storaenso.com/investors.

STORA ENSO OYJ INSIDE INFORMATION 3 October 2024 at 10:00 EEST

HELSINKI, Finland, Oct. 3, 2024 /PRNewswire/ -- Stora Enso is preparing to sell approximately 12% of its total forest assets of 1.4 million hectares in Sweden. Stora Enso has therefore initiated steps to implement a new legal structure for its Swedish forest assets to facilitate the potential sale. A potential transaction would be subject to agreeing terms and conditions with investors, including a long-term wood supply and forest management agreement. A sale would reduce debt and further strengthen Stora Enso's balance sheet, confirming the financial value of the Company's forest holdings. Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 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 OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors  STORA ENSO OYJ

STORA ENSO OYJ INVESTOR NEWS 9 September 2024 at 16:30 EEST

HELSINKI, Sept. 9, 2024 /PRNewswire/ -- Stora Enso has appointed Pasi Kyckling as acting CFO until Niclas Rosenlew starts in his position as new CFO. Pasi will hold the role of acting CFO from 1 November 2024 until Niclas joins Stora Enso, at the latest in January 2025. As announced in May, Stora Enso's current CFO Seppo Parvi will assume a role with a company outside of the forest industry.

Pasi Kyckling is currently Group Transformation Officer at Stora Enso, steering the Group's transformative initiatives to improve profitability and cash flow. He joined Stora Enso in 2001, and has previously held several finance, strategy and IT related leadership roles in the Biomaterials division, Group Treasury and Group Controlling, among others.

STORA ENSO OYJ STOCK EXCHANGE RELEASE 6 September 2024 at 11:15 EEST

HELSINKI, Sept. 6, 2024 /PRNewswire/ -- The Stora Enso Shareholders' Nomination Board has been established to exist until otherwise decided. The Shareholders' Nomination Board annually prepares proposals for Stora Enso Oyj's Annual General Meeting concerning the election and remuneration of members of the Stora Enso Board of Directors and Board committees, as well as the appointments of the Chair and the Vice Chair of the Board of Directors. The Shareholders' Nomination Board consists of the Chair of Stora Enso's Board of Directors, the Vice Chair of the Board of Directors and two members appointed by the two largest shareholders (one each) as of 31 August each year. Stora Enso's two largest shareholders on 31 August 2024 were Solidium Oy and FAM AB.The Shareholders' Nomination Board has been appointed and consists of the following members: Kari Jordan (Chair of Stora Enso's Board of Directors), Håkan Buskhe (Vice Chair of Stora Enso's Board of Directors), Jouko Karvinen (Chair of the Board of Directors of Solidium Oy), and Marcus Wallenberg (Chair of the Board of Directors of FAM AB). The Shareholders' Nomination Board has elected Marcus Wallenberg as its Chair.Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 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 OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors 

STORA ENSO OYJ STOCK EXCHANGE RELEASE 6 September 2024 at 11:15 EEST

HELSINKI, Sept. 6, 2024 /PRNewswire/ -- The Stora Enso Shareholders' Nomination Board has been established to exist until otherwise decided. The Shareholders' Nomination Board annually prepares proposals for Stora Enso Oyj's Annual General Meeting concerning the election and remuneration of members of the Stora Enso Board of Directors and Board committees, as well as the appointments of the Chair and the Vice Chair of the Board of Directors. The Shareholders' Nomination Board consists of the Chair of Stora Enso's Board of Directors, the Vice Chair of the Board of Directors and two members appointed by the two largest shareholders (one each) as of 31 August each year. Stora Enso's two largest shareholders on 31 August 2024 were Solidium Oy and FAM AB.The Shareholders' Nomination Board has been appointed and consists of the following members: Kari Jordan (Chair of Stora Enso's Board of Directors), Håkan Buskhe (Vice Chair of Stora Enso's Board of Directors), Jouko Karvinen (Chair of the Board of Directors of Solidium Oy), and Marcus Wallenberg (Chair of the Board of Directors of FAM AB). The Shareholders' Nomination Board has elected Marcus Wallenberg as its Chair.Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 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 OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors