20.3.2023 22:10:14 CET | Schibsted | Acquisition or disposal of the issuer's own
shares

Please see below information about transactions made under the buyback programme
announced on 09 December 2022.

Date on which the repurchase programme was announced: 09 December 2022
The duration of the repurchase programme: The buyback programme will end no
later than 30 September 2023
Size of the repurchase programme: Up to 4% of issued shares (total issued shares
are approx. 234.3 million) with a maximum value of NOK 1.7 billion

For the period 14 March until 20 March 2023, Schibsted has purchased a total of
56,700 own A-shares at an average price of NOK 207.2694 per share, and a total
of 69,300 own B-shares at an average price of NOK 193.3543 per share.

A-shares:

Date             | Aggregated daily  | Weighted average | Total daily      
                 | volume (number of | share price per  | transaction value
                 | shares)           | day (NOK)        | (NOK)            
---------------------------------------------------------------------------
14 Mar 2023      | 8,100             | 207.1587         | 1,677,985        
---------------------------------------------------------------------------
15 Mar 2023      | 8,100             | 207.7111         | 1,682,460        
---------------------------------------------------------------------------
16 Mar 2023      | 8,100             | 205.4056         | 1,663,785        
---------------------------------------------------------------------------
17 Mar 2023      | 21,600            | 208.8603         | 4,511,383        
---------------------------------------------------------------------------
20 Mar 2023      | 10,800            | 205.2373         | 2,216,562        
---------------------------------------------------------------------------
Total for period | 56,700            | 207.2694         | 11,752,176       
---------------------------------------------------------------------------
Previously       | 1,400,480         | 201.1655         | 281,728,297      
disclosed        |                   |                  |                  
---------------------------------------------------------------------------
Total for        | 1,457,180         | 201.4030         | 293,480,472      
programme        |                   |                  |                  

B-shares:

Date             | Aggregated daily  | Weighted average | Total daily      
                 | volume (number of | share price per  | transaction value
                 | shares)           | day (NOK)        | (NOK)            
---------------------------------------------------------------------------
14 Mar 2023      | 9,900             | 192.9723         | 1,910,425        
---------------------------------------------------------------------------
15 Mar 2023      | 9,900             | 192.3008         | 1,903,778        
---------------------------------------------------------------------------
16 Mar 2023      | 9,900             | 192.0043         | 1,900,842        
---------------------------------------------------------------------------
17 Mar 2023      | 26,400            | 195.1361         | 5,151,592        
---------------------------------------------------------------------------
20 Mar 2023      | 13,200            | 191.8797         | 2,532,812        
---------------------------------------------------------------------------
Total for period | 69,300            | 193.3543         | 13,399,450       
---------------------------------------------------------------------------
Previously       | 1,711,575         | 192.6644         | 329,759,516      
disclosed        |                   |                  |                  
---------------------------------------------------------------------------
Total for        | 1,780,875         | 192.6912         | 343,158,966      
programme        |                   |                  |                  

Following the transactions above, Schibsted has bought back a total of 3,238,055
shares with a transaction value of approx. NOK 636,639,438 under the buyback
programme.

The issuer's holding of own shares:
Following the completion of the above transactions, Schibsted owns a total of
1,457,180 own A-shares, and a total of 2,271,654 own B-shares, corresponding to
1.59% of total issued shares in Schibsted.

Appendix:
A detailed overview of all transactions made under the buyback programme that
have been carried out during the above-mentioned time period is attached to this
notice and available at www.newsweb.no.

Oslo, 20 March 2023
SCHIBSTED ASA

DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

 * Jann-Boje Meinecke, VP, Head of Investor Relations, +47 941 00 835,
   jbm@schibsted.com 
 * Malin Langtvet, Investor Relations Officer, +47 916 86 710, ir@schibsted.com 

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