#Finland #Helsinki #Stora Enso #Bergslagets Skogar #Demerger Plan

Upcoming Extraordinary General Meeting of Stora Enso Oyj

Stora Enso Oyj, a leading global player in renewable materials, is gearing up for an important shareholder event: the Extraordinary General Meeting (EGM) scheduled for December 15, 2026. This pivotal gathering will take place at Solo Sokos Hotel Pier 4 in Helsinki, Finland, beginning at 1:00 PM Finnish time. The meeting will focus primarily on the proposed cross-border partial demerger of Stora Enso, which aims to separate its Swedish forest assets into an independent company, named Bergslagets Skogar AB.

Agenda Highlights

The EGM promises to cover several crucial topics as outlined in the agenda:

1. Opening and Calling to Order: Participants will be welcomed and the meeting officially opened.
2. Election of Officers: Key personnel will be elected to oversee the voting process and confirm meeting minutes.
3. Demerger Discussion: The primary item on the agenda is the approval of the Demerger Plan, which will allow the demerger of Stora Enso’s Swedish forest assets into Bergslagets Skogar AB. This demerger requires a two-thirds majority vote among those present.
4. Shareholder Considerations: Shareholders will receive a new share of Bergslagets Skogar for every share they own in Stora Enso, signaling a direct benefit from the demarcation.
5. Board of Directors Elections: A proposal for the new board, including positions for the chair, vice chair, and other members, will be presented.

The EGM will also address the remuneration of the new board members and the auditing firm for Bergslagets Skogar, including fees and the election of the auditor.

Process and Participation

To participate in this significant meeting, shareholders must register in advance. This can be done electronically via Stora Enso's website or through traditional means such as email or telephone by the registration deadline.

The EGM will be conducted primarily in Finnish, though simultaneous translation into English will be provided, ensuring that all stakeholders can follow and participate adequately.

Why is the Demerger Important?

The proposed demerger is seen as a strategic move that enhances specialization and operational focus within the company. By transferring the Swedish forest assets business into Bergslagets Skogar AB, Stora Enso aims to leverage its regional strengths while providing shareholders clearer value and differentiation within its operational segments.

The demerger is not just about restructuring; it's a forward-thinking approach aimed at enhancing stakeholder value in a rapidly changing market landscape.

Conclusion

As the December EGM approaches, shareholders are encouraged to review the detailed agendas and prepare for a meaningful discussion regarding the future direction of Stora Enso. With the proposed adjustments, Stora Enso aims to streamline its operations and position itself better within the green economy, focusing on renewable resources and sustainable business practices.

For more information, including registration details, shareholders should visit the official Stora Enso website, which contains all necessary documentation for their review. This event marks a significant moment for Stora Enso as it seeks to build a more robust and focused organization under the banner of Bergslagets Skogar.