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

23 Jan 2023 20:51 CET

23.1.2023 20:51:53 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 17 January until 23 January 2023, Schibsted has purchased a total
of 113,400 own A-shares at an average price of NOK 205.9533 per share, and a
total of 138,600 own B-shares at an average price of NOK 196.9867 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
17 Jan 2023 | 48,600 | 205.3405 | 9,979,546
---------------------------------------------------------------------------
18 Jan 2023 | 636 | 204.2094 | 129,877
---------------------------------------------------------------------------
19 Jan 2023 | 47,964 | 205.1577 | 9,840,182
---------------------------------------------------------------------------
20 Jan 2023 | 8,100 | 208.5127 | 1,688,953
---------------------------------------------------------------------------
23 Jan 2023 | 8,100 | 211.9187 | 1,716,542
---------------------------------------------------------------------------
Total for period | 113,400 | 205.9533 | 23,355,100
---------------------------------------------------------------------------
Previously | 762,370 | 190.6784 | 145,367,513
disclosed | | |
---------------------------------------------------------------------------
Total for | 875,770 | 192.6563 | 168,722,613
programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
17 Jan 2023 | 59,400 | 195.1375 | 11,591,168
---------------------------------------------------------------------------
18 Jan 2023 | 1,095 | 194.5981 | 213,085
---------------------------------------------------------------------------
19 Jan 2023 | 58,305 | 197.2188 | 11,498,842
---------------------------------------------------------------------------
20 Jan 2023 | 9,900 | 201.0425 | 1,990,321
---------------------------------------------------------------------------
23 Jan 2023 | 9,900 | 202.9227 | 2,008,935
---------------------------------------------------------------------------
Total for period | 138,600 | 196.9867 | 27,302,351
---------------------------------------------------------------------------
Previously | 931,785 | 184.2297 | 171,662,482
disclosed | | |
---------------------------------------------------------------------------
Total for | 1,070,385 | 185.8816 | 198,964,833
programme | | |

Following the transactions above, Schibsted has bought back a total of 1,946,155
shares with a transaction value of approx. NOK 367,687,445 under the buyback
programme.

The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
875,770 own A-shares, and a total of 1,710,422 own B-shares, corresponding to
1.10% 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, 23 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/17847482/2048/2729/Download%20announcement
%20as%20PDF.pdf

20230123 SCHA trades detailed.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2048/2727/20230123%20SCHA%20trade
s%20detailed.pdf

20230123 SCHB trades detailed.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2048/2728/20230123%20SCHB%20trade
s%20detailed.pdf

More information:
Access the news on Oslo Bors NewsWeb site

580579_en_20230123 SCHA trades detailed.pdf
580579_en_20230123 SCHB trades detailed.pdf
580579_en_Download announcement as PDF.pdf