STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 November 2022 at 12:00 EET

We added M&As announced by the company in September to our estimates and after Friday's Q3 report, we updated our estimates to include the further weakened economic outlook and other market data. Short-term estimate changes are minimal, but we raised the required return due to increased interest rates. Stora Enso's share is already cheap compared to historical levels, but due to increased interest rates and the earnings trend about to make a downturn, we do not expect the market to be enthusiastic about the lowish valuation.

STORA ENSO OYJ INVESTOR NEWS 21 October 2022 at 8:29 EEST

Stora Enso has decided to invest approximately EUR 1 billion to convert the remaining idle paper machine at the Group's Oulu site in Finland into a high-volume consumer board production line. The investment supports the Group's growth strategy in renewable packaging by providing new volume for growing packaging segments. Production on the converted machine is estimated to start in early 2025.

STORA ENSO OYJ INVESTOR NEWS 7 October 2022 at 9:00 EEST

Stora Enso will publish its January-September 2022 Interim Report on Friday 21 October 2022 at approximately 8:30 EEST (7:30 CEST).

Analysts, investors, and media are invited to participate in the webcast and conference call at 14:00 EEST (13:00 CEST, 12:00 BST, 7:00 EDT) on the same day. The results will be presented by President and CEO Annica Bresky and CFO Seppo Parvi and may be accessed athttps://ir.financialhearings.com/stora-enso-q3-2022