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Regulatory press release

Schibsted ASA (SCHA/SCHB) - Repurchase of own shares

Vend Marketplaces
21.8.2023 22:14:30 CEST | Schibsted | Acquisition or disposal of the issuer's
own shares

Please see below information about transactions made under the buyback programme
announced on 09 December 2022.

Date on which the repurchase programme was announced: 09 December 2022
The duration of the repurchase programme: The buyback programme will end no
later than 30 September 2023
Size of the repurchase programme: Up to 4% of issued shares (total issued shares
are approx. 234.3 million) with a maximum value of NOK 1.7 billion

For the period 15 August until 21 August 2023, Schibsted has purchased a total
of 103,000 own A-shares at an average price of NOK 215.3755 per share, and a
total of 125,889 own B-shares at an average price of NOK 198.0349 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
15 Aug 2023 | 27,000 | 218.1702 | 5,890,595
---------------------------------------------------------------------------
16 Aug 2023 | 27,000 | 217.7270 | 5,878,630
---------------------------------------------------------------------------
17 Aug 2023 | | | 0
---------------------------------------------------------------------------
18 Aug 2023 | 24,700 | 212.7827 | 5,255,734
---------------------------------------------------------------------------
21 Aug 2023 | 24,300 | 212.2930 | 5,158,720
---------------------------------------------------------------------------
Total for period | 103,000 | 215.3755 | 22,183,679
---------------------------------------------------------------------------
Previously | 3,336,493 | 198.4970 | 662,284,014
disclosed | | |
---------------------------------------------------------------------------
Total for | 3,439,493 | 199.0025 | 684,467,693
programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
15 Aug 2023 | 33,000 | 200.2495 | 6,608,235
---------------------------------------------------------------------------
16 Aug 2023 | 33,000 | 199.8917 | 6,596,426
---------------------------------------------------------------------------
17 Aug 2023 | 5,000 | 197.3000 | 986,500
---------------------------------------------------------------------------
18 Aug 2023 | 24,700 | 195.5547 | 4,830,202
---------------------------------------------------------------------------
21 Aug 2023 | 30,189 | 195.7352 | 5,909,050
---------------------------------------------------------------------------
Total for period | 125,889 | 198.0349 | 24,930,413
---------------------------------------------------------------------------
Previously | 4,077,547 | 187.5859 | 764,890,474
disclosed | | |
---------------------------------------------------------------------------
Total for | 4,203,436 | 187.8989 | 789,820,887
programme | | |

Following the transactions above, Schibsted has bought back a total of 7,642,929
shares with a transaction value of approx. NOK 1,474,288,580 under the buyback
programme.

The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
3,439,493 own A-shares, and a total of 4,586,718 own B-shares, corresponding to
3.43% of total issued shares in Schibsted.

Appendix:
A detailed overview of all transactions made under the buyback programme that
have been carried out during the above-mentioned time period is attached to this
notice and available at www.newsweb.no.

Oslo, 21 August 2023
SCHIBSTED ASA



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

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