Shareholders

The shareholders of the Rottneros Group are listed below,
also the shareholder structure.

Largest shareholders

Largest shareholders	Total amount of shares	Percent	Votes,%	Value in TSEK
1. ARCTIC PAPER SA	146,904,045	54.9 %	54.9 %	455,403
2. PROAD AB	20,498,185	7.7 %	7.7 %	63,544
3. UBS SWITZERLAND AG, W8IMY	7,274,500	2.7 %	2.7 %	22,551
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	18,290
5. Försäkringsaktiebolaget Avanza Pension	5,366,842	2.0 %	2.0 %	16,637
6. CBNY-DFA-INT SML CAP V	2,573,884	1.0 %	1.0 %	7,979
7. CACEIS BANK SPAIN SAU, W8IMY	2,121,447	0.8 %	0.8 %	6,576
8. Borell, Joakim	1,583,821	0.6 %	0.6 %	4,910
9. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	3,738
10. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	3,713
11. KONRAD, MAGNUS	1,154,000	0.4 %	0.4 %	3,577
12. NILSSON, PER-ANDERS	1,020,605	0.4 %	0.4 %	3,164
13. SEB SVERIGE INDEXNÄRA	1,020,489	0.4 %	0.4 %	3,164
14. Nordnet Pensionsförsäkring AB	965,435	0.4 %	0.4 %	2,993
15. Lambergets Invest AB	915,000	0.3 %	0.3 %	2,837
16. SKANDIA SVERIGE EXPONERING	895,760	0.3 %	0.3 %	2,777
17. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,548
18. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	787,500	0.3 %	0.3 %	2,441
19. HANDELSBANKEN SVERIGE INDEX CRITERIA	776,219	0.3 %	0.3 %	2,406
20. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	771,759	0.3 %	0.3 %	2,392

30-09-2025

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	146,904,045	54.9 %	54.9 %	455,403
2. PROAD AB	20,498,185	7.7 %	7.7 %	63,544
3. UBS SWITZERLAND AG, W8IMY	7,274,500	2.7 %	2.7 %	22,551
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	18,290
5. Försäkringsaktiebolaget Avanza Pension	5,366,842	2.0 %	2.0 %	16,637
6. Dimensional Fund Advisors	4,126,134	1.5 %	1.5 %	12,791
7. CACEIS BANK SPAIN SAU, W8IMY	2,121,447	0.8 %	0.8 %	6,576
8. Borell Joakim	1,583,821	0.6 %	0.6 %	4,910
9. SEB Investment Management AB	1,552,947	0.6 %	0.6 %	4,814
10. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	3,738
11. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	3,713
12. KONRAD MAGNUS	1,154,000	0.4 %	0.4 %	3,577
13. Skandia Fonder AB	1,151,646	0.4 %	0.4 %	3,570
14. NILSSON PER-ANDERS	1,020,605	0.4 %	0.4 %	3,164
15. Nordnet Pensionsförsäkring AB	965,435	0.4 %	0.4 %	2,993
16. Lambergets Invest AB	915,000	0.3 %	0.3 %	2,837
17. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	787,500	0.3 %	0.3 %	2,441
18. Handelsbanken Fonder AB	776,219	0.3 %	0.3 %	2,406
19. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	771,759	0.3 %	0.3 %	2,392
20. Swedbank Försäkring AB	747,323	0.3 %	0.3 %	2,317
21. PlusFonder	735,504	0.3 %	0.3 %	2,280
22. UBS AG LONDON BRANCH, W8IMY QDD	650,382	0.2 %	0.2 %	2,016
23. Persson Hakan	649,696	0.2 %	0.2 %	2,014
24. TRIGARSZKY PETER	618,063	0.2 %	0.2 %	1,916
25. OSTOJIC ZORAN	610,160	0.2 %	0.2 %	1,891
26. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,548

30-09-2025

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	6,650	0.4 %	0.4 %	2,934
501 - 1000	1,702	0.5 %	0.5 %	4,080
1001 - 5000	3,183	2.9 %	2.9 %	23,825
5001 - 10000	886	2.4 %	2.4 %	20,249
10001 - 15000	308	1.4 %	1.4 %	11,704
15001 - 20000	233	1.6 %	1.6 %	13,035
20001 -	522	90.9 %	90.9 %	754,316

30-09-2025

Geographical area	Shareholders	Value in TSEK
SVERIGEBOENDE	91,285,684	282,986
USA	4,323,250	13,402
ÖVRIGA EUROPA (EXKL SVERIGE OCH NORDEN)	167,190,883	518,292
ÖVRIGA NORDEN	3,588,468	11,124
ÖVRIGA VÄRLDEN	181,307	562
Total	266,569,592	826,366

30-09-2025

Source: Cision/Euroclear