Stora Enso Oyj - Changes board/management/auditors

CFO and Deputy CEO Seppo Parvi leaves Stora Enso during the fourth quarter of 2024

STORA ENSO OYJ STOCK EXCHANGE RELEASE 17 May 2024 at 12:00 EEST

Stora Enso's Chief Financial Officer and Deputy CEO, Seppo Parvi, has decided to
leave Stora Enso to assume a role with a company outside of the forest industry.
He will leave Stora Enso during the fourth quarter of 2024.
“Since joining in 2014, Seppo Parvi has, in his role as CFO and member of Stora
Enso's Group Leadership Team, been integral in transforming Stora Enso to ‘The
renewable materials company'. He has also played an important role as Stora
Enso's Country Manager Finland, and in developing the forest industry more
broadly. On behalf of Stora Enso, I want to express our sincere gratitude for
Seppo's significant contributions to Stora Enso and wish him the very best in
his future endeavours,” says Hans Sohlström, President and CEO of Stora Enso.
Stora Enso will immediately begin the search for Seppo Parvi's successor.
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. 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 (https://www.storaenso.com/en/investors)
STORA ENSO OYJ

For further information, please contact:
Carl Norell
SVP Corporate Communications
tel. +46 72 241 0349
Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691