#Finland #Helsinki #EGM #Stora Enso #Bergslagets

Introduction

Stora Enso Oyj, a prominent player in the renewable materials sector, has officially announced the date for its upcoming Extraordinary General Meeting (EGM). Scheduled for December 15, 2026, this important assembly invites stakeholders to participate in pivotal discussions regarding the company's future, particularly the proposed cross-border demerger of its Swedish forest assets business.

Details of the EGM

The EGM will convene at 1:00 PM Finnish time at the Solo Sokos Hotel Pier 4 in Helsinki, Finland. Shareholders registered for this meeting can begin checking in at 12:00 PM. This year’s meeting is particularly significant as the Board of Directors has proposed a critical resolution regarding the partial demerger, which would see the creation of a new entity focusing on Stora Enso's Swedish forest assets.

Agenda Highlights

The agenda for the meeting is comprehensive and aims to cover several crucial topics, including:

1. Opening of the Meeting
2. Election of Vote Counters
3. Verification of Meeting Legitimacy
4. Shareholder Attendance Record
5. Approval of the Demerger Plan

The centerpiece of the agenda is undoubtedly the cross-border partial demerger, which is framed within a strategic move to enhance operational efficiency and focus on core competencies. The proposal is contingent on gaining at least a two-thirds majority vote from the shareholders.

The Proposed Demerger

The demerger plan has generated considerable anticipation as it will lead to the establishment of a new public limited company, tentatively named Bergslagets Skogar AB. This entity will encapsulate all assets and operations associated with Stora Enso's Swedish forest assets business, effectively streamlining operations while also promoting greater specialization.

The formal reasoning behind the separation includes increasing management efficiency and improving financial performance. The demerger is projected to conclude by March 31, 2027, although this date may be subject to adjustments as the proceedings unfold.

As part of this strategic initiative, shareholders of Stora Enso will be entitled to new shares in Bergslagets Skogar, proportional to their holdings in the parent company. This ensures that shareholder rights and interests are adequately safeguarded during the transition.

Shareholder Participation

A crucial part of the EGM involves empowering shareholders to exercise their voting rights, either in person or through advance voting. Detailed instructions on participation and voting procedures are outlined in the EGM notice, which is accessible on the company’s website. This accessibility aims to engage the shareholder community significantly in determinations that will affect the future trajectory of the company.

Background on Stora Enso

Stora Enso has firmly established itself as a leader in the renewable materials sector. With a mission to replace non-renewable materials with innovative renewable solutions, the company is focused on contributing to a sustainable future. In 2025, the company reported sales of approximately EUR 9.3 billion, underscoring its scale and influence within the industry.

Conclusion

The upcoming EGM on December 15, 2026, represents a pivotal moment for Stora Enso and its stakeholders. The proposed demerger of the Swedish forest assets should not only bolster operational efficiency but also enhance shareholder value. As we move closer to the date, continuous updates and transparent communication from Stora Enso will be crucial for stakeholder engagement and confidence. Stakeholders are encouraged to stay informed via the company's dedicated EGM webpage.

For further inquiries, individuals can contact the Investor Relations team at Stora Enso for detailed information and clarifications regarding the EGM.