Stora Enso has concluded change negotiations regarding a reduction of office employees within its Group functions in Finland. As a result of the negotiations, approximately 80 employees within the Group functions in Finland will be laid off. The negotiations in other countries are still ongoing and are expected to be concluded by the end of 2023. The completed and ongoing restructuring actions would decrease Stora Enso's annual sales by approximately EUR 380 million, based on the 2022 numbers. Operational EBIT is expected to improve by approximately EUR 110 million annually. Stora Enso has recorded in the Q2/2023 results as an item affecting comparability (IAC) approximately EUR 140 million non-cash asset impairments related to the planned closures and approximately EUR 80 million costs relating to the potential lay-offs and restructuring expenses, with cash outflows impacting future quarters.