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Regulatory press release

Schibsted ASA (SCHA/SCHB) - Completed share capital reduction in connection with share buyback

Vend Marketplaces
9.10.2023 12:10:25 CEST | Schibsted | Total number of voting rights and capital

Following the share buyback programme announced 9 December 2022 which was
executed by Schibsted in the period 9 December 2022 until 27 September 2023, the
Annual General Meeting in Schibsted ASA decided on 28 April 2023 that the
company's share capital shall be reduced by NOK 1,664,027.50 through the
redemption of 3,328,055 own shares (1,497,680 A-shares and 1,830,375 B-shares),
to NOK 115,466,484.50, consisting of 102,962,278 A-shares and 127,970,691
B-shares, each with a nominal value of NOK 0.50.

The creditor deadline for the capital reduction has expired and the capital
reduction was completed in the Register of Business Enterprises 7 October 2023.

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Malin Ebenfelt, Investor Relations Officer, +47 916 86 710, ir@schibsted.com

ABOUT SCHIBSTED

Schibsted is a family of digital brands with a strong Nordic position, and more
than 5,000 employees. Millions of people enjoy interacting with our companies
every day through our online marketplaces such as FINN, Blocket and Oikotie
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