STORA ENSO OYJ STOCK EXCHANGE RELEASE 28 October 2020 at 9.00 EET

Stora Enso has appointed Tobias Bäärnman, Chief Strategy and Innovation Officer, as a member of the Group Leadership Team. He joined Stora Enso in 2017, first as SVP Controlling, Strategy and IT for Consumer Board division. Since December 2019, he has worked as Chief Strategy and Innovation Officer. Before joining Stora Enso, he worked as Finance Director at Iggesund Paperboard and has earlier held various positions at Statoil and Procter and Gamble. He has a master's degree in finance.

STORA ENSO OYJ INSIDE INFORMATION 20 October 2020 at 8.30 EEST

STORA ENSO OYJ INVESTOR NEWS 14 October 2020 at 9.00 EEST

Stora Enso has completed the co-determination negotiations concerning the closure of one standard newsprint paper machine (PM3) and the deinking plant at Stora Enso's Hylte Mill in Sweden. The maximum personnel impact is 140 people.

As a result of the co-determination negotiations, PM3 will be shut down by the end of 2020 and the DIP latest in Q2 2021. Negotiations on organizational restructuring, including the risk analysis, have started.

STORA ENSO OYJ INVESTOR NEWS 16 September 2020 at 10.00 EEST

Stora Enso will start codetermination negotiations with employees at its Hylte Mill in Sweden regarding a plan to reorganise the mill, including permanent closure of paper machine PM3 and the deinking plant (DIP). After the planned restructuring, the mill would run on 100% thermomechanical pulp (TMP), improving the competitiveness of the mill. The planned closure of PM3 and the reorganisation of the mill would impact a maximum of 140 persons. PM3 is planned to be closed by the end of 2020 and the DIP latest in Q2 2021.