Schibsted ASA (SCHA/SCHB) - Mandatory notification of trade

Schibsted Media Group has on 14 August 2019 sold 20,371 treasury B-shares to participants in the Employee Share Saving Plan at a price of NOK 222,00 per B-share (the price is set according to standard procedure for the program two days after release of Schibsted's Q2 report, the closing price 18 July 2019). The shares will be transferred to the participants in the coming days. The transaction is related to the second enrolment window in the Employee Share Saving Plan for 2019 which closed in March 2019, and based on savings made during April, May and June 2019.

In addition, Schibsted Media Group has on 14 August 2019 transferred 8,637 treasury B-shares to participants in the Employee Share Saving Plan at a price of NOK 224.80 per B-share (the closing price on the vesting date for the two year holding period, 5 August 2019). The shares will be transferred to the participants in the coming days. The transaction is related to bonus matching shares given to employees who enrolled in the Employee Share Saving Plan for 2017.

Shares sold and transferred to primary insider employees are disclosed in the attachment.

After these transactions, and including buy-back of shares disclosed in a separate release today, Schibsted ASA holds 1,091,267 treasury A-shares and 343,857 treasury B-shares.

For more information on the employee share saving plan please refer to the disclosure published 9 April 2014.

Oslo, 15 August 2019
SCHIBSTED ASA

Attachment

• Primary insiders