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

28 Dec 2022 07:00 CET

28.12.2022 07:00:00 CET | 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 20 December until 27 December 2022, Schibsted has purchased a
total of 167,400 own A-shares at an average price of NOK 189.2684 per share, and
a total of 204,600 own B-shares at an average price of NOK 183.6963 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
20 Dec 2022 | 36,000 | 188.4724 | 6,785,008
---------------------------------------------------------------------------
21 Dec 2022 | 18,000 | 192.0000 | 3,456,000
---------------------------------------------------------------------------
22 Dec 2022 | 38,700 | 191.6215 | 7,415,754
---------------------------------------------------------------------------
23 Dec 2022 | 38,700 | 187.3830 | 7,251,721
---------------------------------------------------------------------------
27 Dec 2022 | 36,000 | 188.1958 | 6,775,048
---------------------------------------------------------------------------
Total for period | 167,400 | 189.2684 | 31,683,530
---------------------------------------------------------------------------
Previously | 180,000 | 192.9194 | 34,725,489
disclosed | | |
---------------------------------------------------------------------------
Total for | 347,400 | 191.1601 | 66,409,020
programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
20 Dec 2022 | 44,000 | 183.2883 | 8,064,684
---------------------------------------------------------------------------
21 Dec 2022 | 22,000 | 186.1514 | 4,095,331
---------------------------------------------------------------------------
22 Dec 2022 | 47,300 | 186.1275 | 8,803,830
---------------------------------------------------------------------------
23 Dec 2022 | 47,300 | 181.6169 | 8,590,480
---------------------------------------------------------------------------
27 Dec 2022 | 44,000 | 182.4985 | 8,029,932
---------------------------------------------------------------------------
Total for period | 204,600 | 183.6963 | 37,584,256
---------------------------------------------------------------------------
Previously | 220,000 | 188.4786 | 41,465,281
disclosed | | |
---------------------------------------------------------------------------
Total for | 424,600 | 186.1741 | 79,049,538
programme | | |

Following the transactions above, Schibsted has bought back a total of 772,000
shares with a transaction value of approx. NOK 145,458,557 under the buyback
programme.

The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
347,400 own A-shares, and a total of 1,064,637 own B-shares, corresponding to
0.60% 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, 28 December 2022
SCHIBSTED ASA

DISCLOSURE REGULATION

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

CONTACTS

* Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835,
jbm@schibsted.com
* Malin Langtvet, Investor Relations Officer, +47 916 86 710, ir@schibsted.com

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2005/2676/Download%20announcement
%20as%20PDF.pdf

20221227 SCHA trades detailed.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2005/2674/20221227%20SCHA%20trade
s%20detailed.pdf

20221227 SCHB trades detailed.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2005/2675/20221227%20SCHB%20trade
s%20detailed.pdf

More information:
Access the news on Oslo Bors NewsWeb site

579247_en_20221227 SCHB trades detailed.pdf
579247_en_20221227 SCHA trades detailed.pdf
579247_en_Download announcement as PDF.pdf