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

06 Feb 2023 20:36 CET

6.2.2023 20:36:19 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 31 January until 06 February 2023, Schibsted has purchased a
total of 27,810 own A-shares at an average price of NOK 213.8580 per share, and
a total of 33,990 own B-shares at an average price of NOK 206.3892 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
31 Jan 2023 | 24,300 | 212.8691 | 5,172,719
---------------------------------------------------------------------------
01 Feb 2023 | 2,700 | 218.6207 | 590,276
---------------------------------------------------------------------------
02 Feb 2023 | 0 | 0.0000 | 0
---------------------------------------------------------------------------
03 Feb 2023 | 0 | 0.0000 | 0
---------------------------------------------------------------------------
06 Feb 2023 | 810 | 227.6494 | 184,396
---------------------------------------------------------------------------
Total for period | 27,810 | 213.8580 | 5,947,391
---------------------------------------------------------------------------
Previously | 1,029,670 | 196.1133 | 201,932,028
disclosed | | |
---------------------------------------------------------------------------
Total for | 1,057,480 | 196.5800 | 207,879,419
programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
31 Jan 2023 | 29,700 | 205.4896 | 6,103,041
---------------------------------------------------------------------------
01 Feb 2023 | 3,300 | 211.3896 | 697,586
---------------------------------------------------------------------------
02 Feb 2023 | 0 | 0.0000 | 0
---------------------------------------------------------------------------
03 Feb 2023 | 0 | 0.0000 | 0
---------------------------------------------------------------------------
06 Feb 2023 | 990 | 216.7109 | 214,544
---------------------------------------------------------------------------
Total for period | 33,990 | 206.3892 | 7,015,171
---------------------------------------------------------------------------
Previously | 1,258,485 | 189.0034 | 237,857,952
disclosed | | |
---------------------------------------------------------------------------
Total for | 1,292,475 | 189.4606 | 244,873,122
programme | | |

Following the transactions above, Schibsted has bought back a total of 2,349,955
shares with a transaction value of approx. NOK 452,752,541 under the buyback
programme.

The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
1,057,480 own A-shares, and a total of 1,932,512 own B-shares, corresponding to
1.28% 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, 06 February 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/17847482/2077/2767/Download%20announcement
%20as%20PDF.pdf

20230206 SCHA trades detailed.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2077/2765/20230206%20SCHA%20trade
s%20detailed.pdf

20230206 SCHB trades detailed.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2077/2766/20230206%20SCHB%20trade
s%20detailed.pdf

More information:
Access the news on Oslo Bors NewsWeb site

581482_en_20230206 SCHA trades detailed.pdf
581482_en_Download announcement as PDF.pdf
581482_en_20230206 SCHB trades detailed.pdf