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

20 Mar 2023 22:10 CET

20.3.2023 22:10:14 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 14 March until 20 March 2023, Schibsted has purchased a total of
56,700 own A-shares at an average price of NOK 207.2694 per share, and a total
of 69,300 own B-shares at an average price of NOK 193.3543 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
14 Mar 2023 | 8,100 | 207.1587 | 1,677,985
---------------------------------------------------------------------------
15 Mar 2023 | 8,100 | 207.7111 | 1,682,460
---------------------------------------------------------------------------
16 Mar 2023 | 8,100 | 205.4056 | 1,663,785
---------------------------------------------------------------------------
17 Mar 2023 | 21,600 | 208.8603 | 4,511,383
---------------------------------------------------------------------------
20 Mar 2023 | 10,800 | 205.2373 | 2,216,562
---------------------------------------------------------------------------
Total for period | 56,700 | 207.2694 | 11,752,176
---------------------------------------------------------------------------
Previously | 1,400,480 | 201.1655 | 281,728,297
disclosed | | |
---------------------------------------------------------------------------
Total for | 1,457,180 | 201.4030 | 293,480,472
programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
14 Mar 2023 | 9,900 | 192.9723 | 1,910,425
---------------------------------------------------------------------------
15 Mar 2023 | 9,900 | 192.3008 | 1,903,778
---------------------------------------------------------------------------
16 Mar 2023 | 9,900 | 192.0043 | 1,900,842
---------------------------------------------------------------------------
17 Mar 2023 | 26,400 | 195.1361 | 5,151,592
---------------------------------------------------------------------------
20 Mar 2023 | 13,200 | 191.8797 | 2,532,812
---------------------------------------------------------------------------
Total for period | 69,300 | 193.3543 | 13,399,450
---------------------------------------------------------------------------
Previously | 1,711,575 | 192.6644 | 329,759,516
disclosed | | |
---------------------------------------------------------------------------
Total for | 1,780,875 | 192.6912 | 343,158,966
programme | | |

Following the transactions above, Schibsted has bought back a total of 3,238,055
shares with a transaction value of approx. NOK 636,639,438 under the buyback
programme.

The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
1,457,180 own A-shares, and a total of 2,271,654 own B-shares, corresponding to
1.59% 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, 20 March 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
* Malin Langtvet, Investor Relations Officer, +47 916 86 710, ir@schibsted.com

ABOUT SCHIBSTED

Schibsted is a family of digital brands with a strong Nordic position, and more
than 5,000 employees. Millions of people enjoy interacting with our companies
every day through our online marketplaces such as FINN, Blocket and Oikotie; our
media houses including Aftenposten, VG and Aftonbladet; and digital services
like Lendo. We also help new promising businesses grow. Our joint mission of
empowering people in their daily lives is rooted in the values of our media
heritage and a legacy of bold change. At our best, we are a fearless force for
change in a society built on trust and transparency.

Schibsted is listed on Oslo Børs and has a sizable investment in Adevinta, a
company that was spun off and publicly listed as a separate company on Oslo Børs
in 2019.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2195/2967/Download%20announcement
%20as%20PDF.pdf

20230320 SCHA trade details.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2195/2965/20230320%20SCHA%20trade
%20details.pdf

20230320 SCHB trade details.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2195/2966/20230320%20SCHB%20trade
%20details.pdf

More information:
Access the news on Oslo Bors NewsWeb site

585737_en_20230320 SCHB trade details.pdf
585737_en_20230320 SCHA trade details.pdf
585737_en_Download announcement as PDF.pdf