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

27 Feb 2023 21:24 CET

27.2.2023 21:24:20 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 21 February until 27 February 2023, Schibsted has purchased a
total of 113,500 own A-shares at an average price of NOK 211.5567 per share, and
a total of 138,600 own B-shares at an average price of NOK 199.4589 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
21 Feb 2023 | 18,900 | 216.4750 | 4,091,378
---------------------------------------------------------------------------
22 Feb 2023 | 18,100 | 212.5869 | 3,847,824
---------------------------------------------------------------------------
23 Feb 2023 | 25,100 | 212.5686 | 5,335,472
---------------------------------------------------------------------------
24 Feb 2023 | 27,100 | 210.6147 | 5,707,659
---------------------------------------------------------------------------
27 Feb 2023 | 24,300 | 206.9694 | 5,029,355
---------------------------------------------------------------------------
Total for period | 113,500 | 211.5567 | 24,011,688
---------------------------------------------------------------------------
Previously | 1,184,380 | 199.1155 | 235,828,469
disclosed | | |
---------------------------------------------------------------------------
Total for | 1,297,880 | 200.2035 | 259,840,158
programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
21 Feb 2023 | 23,100 | 203.0088 | 4,689,502
---------------------------------------------------------------------------
22 Feb 2023 | 23,100 | 201.0364 | 4,643,940
---------------------------------------------------------------------------
23 Feb 2023 | 29,700 | 201.7638 | 5,992,386
---------------------------------------------------------------------------
24 Feb 2023 | 33,000 | 198.1980 | 6,540,534
---------------------------------------------------------------------------
27 Feb 2023 | 29,700 | 194.5671 | 5,778,644
---------------------------------------------------------------------------
Total for period | 138,600 | 199.4589 | 27,645,005
---------------------------------------------------------------------------
Previously | 1,447,575 | 191.4909 | 277,197,511
disclosed | | |
---------------------------------------------------------------------------
Total for | 1,586,175 | 192.1872 | 304,842,516
programme | | |

Following the transactions above, Schibsted has bought back a total of 2,884,055
shares with a transaction value of approx. NOK 564,682,674 under the buyback
programme.

The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
1,297,880 own A-shares, and a total of 2,140,045 own B-shares, corresponding to
1.47% 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, 27 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/17847482/2138/2881/Download%20announcement
%20as%20PDF.pdf

20230227 SCHA trades detailed.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2138/2878/20230227%20SCHA%20trade
s%20detailed.pdf

20230227 SCHB trades detailed.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2138/2879/20230227%20SCHB%20trade
s%20detailed.pdf

More information:
Access the news on Oslo Bors NewsWeb site

583708_en_20230227 SCHB trades detailed.pdf
583708_en_20230227 SCHA trades detailed.pdf
583708_en_Download announcement as PDF.pdf