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

03 Jan 2023 07:00 CET

3.1.2023 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 28 December 2022 until 02 January 2023, Schibsted has purchased a
total of 119,455 own A-shares at an average price of NOK 185.9381 per share, and
a total of 146,000 own B-shares at an average price of NOK 179.9704 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
28 Dec 2022 | 38,700 | 184.7153 | 7,148,481
---------------------------------------------------------------------------
29 Dec 2022 | 18,000 | 185.2233 | 3,334,020
---------------------------------------------------------------------------
30 Dec 2022 | 30,000 | 185.7531 | 5,572,592
---------------------------------------------------------------------------
2 Jan 2023 | 32,755 | 187.9453 | 6,156,148
---------------------------------------------------------------------------
Total for period | 119,455 | 185.9381 | 22,211,241
---------------------------------------------------------------------------
Previously | 347,400 | 191.1601 | 66,409,020
disclosed | | |
---------------------------------------------------------------------------
Total for | 466,855 | 189.8239 | 88,620,260
programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
28 Dec 2022 | 47,300 | 179.3956 | 8,485,414
---------------------------------------------------------------------------
29 Dec 2022 | 22,000 | 179.7811 | 3,955,185
---------------------------------------------------------------------------
30 Dec 2022 | 36,000 | 179.6622 | 6,467,838
---------------------------------------------------------------------------
2 Jan 2023 | 40,700 | 181.0133 | 7,367,240
---------------------------------------------------------------------------
Total for period | 146,000 | 179.9704 | 26,275,677
---------------------------------------------------------------------------
Previously | 424,600 | 186.1741 | 79,049,538
disclosed | | |
---------------------------------------------------------------------------
Total for | 570,600 | 184.5868 | 105,325,214
programme | | |

Following the transactions above, Schibsted has bought back a total of 1,037,455
shares with a transaction value of approx. NOK 193,945,474 under the buyback
programme.

The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
466,855 own A-shares, and a total of 1,210,637 own B-shares, corresponding to
0.72% 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, 03 January 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

* Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835,
jbm@schibsted.com

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2015/2688/Download%20announcement
%20as%20PDF.pdf

20230102 SCHA trades detailed.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2015/2686/20230102%20SCHA%20trade
s%20detailed.pdf

20230102 SCHB trades detailed.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2015/2687/20230102%20SCHB%20trade
s%20detailed.pdf

More information:
Access the news on Oslo Bors NewsWeb site

579502_en_Download announcement as PDF.pdf
579502_en_20230102 SCHA trades detailed.pdf
579502_en_20230102 SCHB trades detailed.pdf