NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, HONG KONG, NEW ZEALAND, SOUTH
AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE
WOULD BE UNLAWFUL OR REQUIRE PRIOR APPROVAL

22 December 2023

Reference is made to the announcement on 21 November 2023 concerning the entry
into a transaction agreement between Adevinta ASA ("Adevinta" or the "Company")
and Aurelia Bidco Norway AS (the "Offeror") to launch a voluntary offer for all
issued and outstanding ordinary class A shares in Adevinta (the "Shares") (such
offer, the "Offer"). 

The Offeror is a newly established acquisition vehicle with commitments from
funds advised by Permira Advisers LLP (together with the advised funds,
"Permira") and funds advised by The Blackstone Group International Partners LLP
(together with the advised funds, "Blackstone"), as well as General Atlantic and
TCV (jointly, the "Investors"). Further, in addition to commitments from the
Investors, each of Permira, Schibsted and eBay has individually agreed with the
Offeror to, subject to and upon completion of the Offer, contribute and/or sell
outside the Offer at the Offer Price (as defined below) an aggregate of
885,909,719 shares in Adevinta to the Offeror, a subsidiary of the Offeror or
certain of the Offeror's parent companies, representing approximately 72.3% of
Adevinta's issued shares. For more information on the aforementioned
undertakings, please refer to the combined offer document and exempted document
pursuant to the EU Prospectus Regulation, prepared by the Offeror for the Offer
(the "Offer Document"). 

The price per Share offered to the Adevinta shareholders under the terms of the
Offer is NOK 115 (the "Offer Price"), and will be settled in either cash,
depository receipts (the "Depository Receipts") representing shares in an
indirect parent company of the Offeror (the "Issuer") as further described in
the Offer Document, or a combination thereof. 

The Offer Price represents the Offeror's best and final offer to the
shareholders of Adevinta, and corresponds to an equity value of Adevinta of
approximately NOK 141 billion.

The Offer Document was approved by the Oslo Stock Exchange in its capacity as
Norwegian take-over supervisory authority today, 22 December 2023. The Offer is
only capable of being accepted pursuant to the terms of the Offer Document. The
Offer Document will, as required by statutory law, be sent to all shareholders
in the Company as registered in the Company's shareholders' register in Euronext
Securities Oslo (VPS) as of the date hereof, in jurisdictions where the Offer
Document may be lawfully distributed. 

The offer period will commence today, 22 December 2023, and expire at 16:30
hours CET on 24 January 2024, subject to any extensions (at the sole discretion
of the Offeror). The complete terms and conditions of the Offer, including
procedures for accepting the Offer, are set out in the Offer Document. The Offer
may only be accepted on the basis of, and by following the procedures in, the
Offer Document. 

Shareholders that want to accept the Offer must fill out and return the
acceptance form (and appendices as applicable) which is included in the Offer
Document, by 16:30 hours CET on 24 January 2024 (subject to any extensions of
the offer period) in accordance with the procedures and requirements set out in
the Offer Document. Shareholders that want to accept the Offer for either the
100% Share Alternative or the 50% Share Alternative (both as defined below) must
in addition fill out and return the power of attorney which is included in the
Offer Document to the receiving agent DNB Bank ASA (the "Receiving Agent") for
the execution of the subscription and issuance agreement for the Depository
Receipts, to be received by the Receiving Agent no later than on the sixth
business day prior to settlement of the Offer.

It is expected that the Offer will be completed in the second quarter of 2024,
following receipt of the necessary regulatory approvals and clearances.

Key terms and conditions of the Offer:

- Offer Price: NOK 115 per Share
- Receiving Agent: DNB Bank ASA
- Each accepting shareholder may choose to receive the Offer Price by way of one
of the following alternatives:  
	(i) all cash, 
	(ii) one Depository Receipt representing one share in the Issuer for each
tendered Share (the 	"100% Share Alternative"), or 
	(iii) a combination of (a) one Depository Receipt representing one share in the
Issuer for 50% of its tendered Shares, and (b) cash for the remaining 50% of its
tendered Shares (the	"50% Share Alternative"). 

The aggregate maximum number of Depository Receipts available to Adevinta
shareholders under the 100% Share Alternative and the 50% Share Alternative, is
limited to 10% of the fully diluted share capital of the Issuer upon completion
of the Offer. The rights and restrictions pertaining to the Depository Receipts
are described in the Offer Document.

- The Offer Price represents a premium of:
54% to the volume weighted average price of NOK 74.58 over the 3 months up to
and including 19 September 2023