Stora Enso board approves plan to separate Bergslagets Skogar into listed company

• Stora Enso's board approved a plan to separate its Swedish forest assets business into Bergslagets Skogar, a new listed company.
• Completion is planned for March 31, 2027, with trading on Nasdaq Stockholm and Nasdaq Helsinki to begin as soon as possible thereafter.
• The transaction requires shareholder approval at a meeting expected on December 15, 2026; holders representing 69.9% of votes have pledged support.
• The separation would reduce the parent's net debt by approximately EUR 800 million; Bergslagets Skogar expects approximately SEK 9.1 billion net debt.
• Bergslagets Skogar targets ordinary dividends of 80%-100% of adjusted net income, with a net loan-to-value ratio of 0%-20%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stora Enso Oyj published the original content used to generate this news brief via Cision (Ref. ID: 20261030:BIT:2300:0) on October 30, 2026, and is solely responsible for the information contained therein.