Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act fromBlackRock, Inc on 30 July 2024.
On 29 July 2024, BlackRock's total holding, including holding through financial instruments, in Stora Enso's shares decreased below the 5 percent threshold.
+----------------+--------------+-----------------------------+---------------+
|                |% of shares   |% of shares and voting rights|Total of both  |
|                |and voting    |through financial instruments|in % (7.A +    |
|                |rights        |(total of 7.B)               |7.B)           |
|                |(total of 7.A)|                             |               |
+----------------+--------------+-----------------------------+---------------+
|Resulting       |Below 5 %     |Below 5 % shares             |Below 5 %      |
|situation on the|shares        |                             |shares         |
|date on         |              |Below 5% voting rights       |               |
|which threshold |Below 5 %     |                             |Below 5 %      |
|was crossed or  |voting rights |                             |voting rights  |
|reached         |              |                             |               |
+----------------+--------------+-----------------------------+---------------+
|Position of     |4.87% shares  |0.13% shares                 |5.00% shares   |
|previous        |              |                             |               |
|notification    |Below 5%      |Below 5% voting rights       |Below 5% voting|
|(if applicable) |voting rights |                             |rights         |
+----------------+--------------+-----------------------------+---------------+
A: Shares and
voting
rights
Class/type of   Number of               % of
shares          shares and              shares
voting                  and voting
ISIN code (if   rights                  rights
possible)
Direct          Indirect    Direct                            Indirect
(SMA 9:5)       (SMA 9:6    (SMA 9:5)                         (SMA 9:6
and 9:7)                                      and 9:7)
FI0009005961                Below 5 %                                   Below
shares                                      5 %
shares
Below 5%
voting                                      Below
rights                                      5%
voting
rights
SUBTOTAL A      Below 5 %               Below 5 %
shares                  shares
Below 5%                Below 5%
voting                  voting
rights                  rights
B: Financial
Instruments
according
to SMA 9:6a
Type of         Expiration  Exercise/   Physical    Number    % of
financial       date        Conversion  or          of        shares
instrument                  Period      cash        shares    and
settlement  and       voting
voting    rights
rights
American        N/A         N/A         Physical    Below 5   Below 5
Depositary                                          % shares  % shares
Receipt
(US86210M1062)                                      Below 5%  Below 5%
voting    voting
rights    rights
Securities      N/A         N/A         Physical    Below 5   Below 5
Lent                                                % shares  % shares
Below 5%  Below 5%
voting    voting
rights    rights
CFD             N/A         N/A         Cash        Below 5   Below 5
% shares  % shares
Below 5%  Below 5%
voting    voting
rights    rights
SUBTOTAL B  Below 5   Below 5
% shares  % shares
Below 5%  Below 5%
voting    voting
rights    rights
Stora Enso has two series of shares. Each A share and every ten R shares carry one vote. Stora Enso has 175,880,691 A shares and 612,739,296 R shares in issue. The Company does not hold its own shares. The total number of Stora Enso shares is 788,619,987 and the total number votes at least 237,154,620.
Full chain of controlled undertakings through which the voting rights and financial instruments are effectively held starting with the ultimate controlling natural person or legal entity is presented in the enclosed annex.
Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 
Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors 
STORA ENSO OYJ