Schibsted ASA (SCHA/SCHB) - Repurchase of own shares, buyback programme now completed

27 Sep 2023 13:26 CEST

27.9.2023 13:26:04 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, which is now completed.

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 19 until 27 September 2023, Schibsted has purchased a total of
102,169 own A-shares at an average price of NOK 226.7856 per share, and a total
of 126,096 own B-shares at an average price of NOK 209.7894 per share.

A-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
19 Sep 2023 | 16,200 | 210.6177 | 3,412,007
---------------------------------------------------------------------------
20 Sep 2023 | 21,600 | 213.7157 | 4,616,259
---------------------------------------------------------------------------
21 Sep 2023 | 24,300 | 217.9437 | 5,296,032
---------------------------------------------------------------------------
22 Sep 2023 | 9,800 | 246.2349 | 2,413,102
---------------------------------------------------------------------------
25 Sep 2023 | 13,500 | 248.0743 | 3,349,003
---------------------------------------------------------------------------
26 Sep 2023 | 10,800 | 241.8829 | 2,612,335
---------------------------------------------------------------------------
27 Sep 2023 | 5,969 | 246.5602 | 1,471,718
---------------------------------------------------------------------------
Total for period | 102,169 | 226.7856 | 23,170,455
---------------------------------------------------------------------------
Previously | 3,819,457 | 200.8708 | 767,217,263
disclosed | | |
---------------------------------------------------------------------------
Total for | 3,921,626 | 201.5459 | 790,387,718
programme | | |

B-shares:

Date | Aggregated daily | Weighted average | Total daily
| volume (number of | share price per | transaction value
| shares) | day (NOK) | (NOK)
---------------------------------------------------------------------------
19 Sep 2023 | 19,800 | 194.7463 | 3,855,976
---------------------------------------------------------------------------
20 Sep 2023 | 26,400 | 196.9903 | 5,200,544
---------------------------------------------------------------------------
21 Sep 2023 | 29,700 | 200.7317 | 5,961,730
---------------------------------------------------------------------------
22 Sep 2023 | 13,200 | 227.6394 | 3,004,840
---------------------------------------------------------------------------
25 Sep 2023 | 16,500 | 230.6076 | 3,805,025
---------------------------------------------------------------------------
26 Sep 2023 | 13,200 | 224.0600 | 2,957,592
---------------------------------------------------------------------------
27 Sep 2023 | 7,296 | 228.6046 | 1,667,899
---------------------------------------------------------------------------
Total for period | 126,096 | 209.7894 | 26,453,607
---------------------------------------------------------------------------
Previously | 4,667,836 | 189.2004 | 883,156,416
disclosed | | |
---------------------------------------------------------------------------
Total for | 4,793,932 | 189.7420 | 909,610,023
programme | | |

Following the transactions above, Schibsted has bought back a total of 8,715,558
shares with a transaction value of approx. NOK 1,699,997,741 under the buyback
programme.

The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
3,921,626 own A-shares, and a total of 5,174,889 own B-shares, corresponding to
3.88% 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 September 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

* Malin Ebenfelt, 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/17847482/2649/3692/Download%20announcement
%20as%20PDF.pdf

20230927 SCHA Trade Details.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2649/3690/20230927%20SCHA%20Trade
%20Details.pdf

20230927 SCHB Trade Details.pdf -
https://kommunikasjon.ntb.no/ir-files/17847482/2649/3691/20230927%20SCHB%20Trade
%20Details.pdf

More information:
Access the news on Oslo Bors NewsWeb site

600364_20230927 SCHA Trade Details.pdf
600364_Download announcement as PDF.pdf
600364_20230927 SCHB Trade Details.pdf