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

17 Apr 2023 23:02 CEST

17.4.2023 23:01:58 CEST | 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 04 April until 17 April 2023, Schibsted has purchased a total of
151,200 own A-shares at an average price of NOK 177.9725 per share, and a total
of 184,800 own B-shares at an average price of NOK 167.3621 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
04 Apr 2023 | 24,300 | 177.6422 | 4,316,704
---------------------------------------------------------------------------
05 Apr 2023 | 16,200 | 173.6801 | 2,813,617
---------------------------------------------------------------------------
11 Apr 2023 | 29,700 | 176.9870 | 5,256,514
---------------------------------------------------------------------------
12 Apr 2023 | 29,700 | 178.3772 | 5,297,801
---------------------------------------------------------------------------
13 Apr 2023 | 18,900 | 179.2090 | 3,387,050
---------------------------------------------------------------------------
14 Apr 2023 | 24,300 | 178.8854 | 4,346,916
---------------------------------------------------------------------------
17 Apr 2023 | 8,100 | 184.0550 | 1,490,845
---------------------------------------------------------------------------
Total for period | 151,200 | 177.9725 | 26,909,448
---------------------------------------------------------------------------
Previously | 1,632,680 | 199.9360 | 326,431,576
disclosed | | |
---------------------------------------------------------------------------
Total for | 1,783,880 | 198.0744 | 353,341,024
programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
04 Apr 2023 | 29,700 | 167.9461 | 4,987,999
---------------------------------------------------------------------------
05 Apr 2023 | 19,800 | 165.1882 | 3,270,727
---------------------------------------------------------------------------
11 Apr 2023 | 36,300 | 166.9531 | 6,060,396
---------------------------------------------------------------------------
12 Apr 2023 | 36,300 | 166.7069 | 6,051,460
---------------------------------------------------------------------------
13 Apr 2023 | 23,100 | 168.2641 | 3,886,900
---------------------------------------------------------------------------
14 Apr 2023 | 29,700 | 167.2783 | 4,968,165
---------------------------------------------------------------------------
17 Apr 2023 | 9,900 | 172.0075 | 1,702,875
---------------------------------------------------------------------------
Total for period | 184,800 | 167.3621 | 30,928,521
---------------------------------------------------------------------------
Previously | 1,995,375 | 190.9443 | 381,005,540
disclosed | | |
---------------------------------------------------------------------------
Total for | 2,180,175 | 188.9454 | 411,934,062
programme | | |

Following the transactions above, Schibsted has bought back a total of 3,964,055
shares with a transaction value of approx. NOK 765,275,086 under the buyback
programme.

The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
1,783,880 own A-shares, and a total of 2,670,954 own B-shares, corresponding to
1.90% 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, 17 April 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/17847482/2255/3087/Download%20announcement
%20as%20PDF.pdf

20230417 SCHA Trade Details.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2255/3085/20230417%20SCHA%20Trade
%20Details.pdf

20230417 SCHB Trade Details.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2255/3086/20230417%20SCHB%20Trade
%20Details.pdf

More information:
Access the news on Oslo Bors NewsWeb site

587789_20230417 SCHA Trade Details.pdf
587789_20230417 SCHB Trade Details.pdf
587789_Download announcement as PDF.pdf