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 %	412,800
2. PROAD AB	20,498,185	7.7 %	7.7 %	57,600
3. UBS SWITZERLAND AG, W8IMY	6,584,768	2.5 %	2.5 %	18,503
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	16,579
5. Försäkringsaktiebolaget Avanza Pension	4,180,598	1.6 %	1.6 %	11,747
6. CBNY-DFA-INT SML CAP V	2,573,884	1.0 %	1.0 %	7,233
7. CACEIS BANK SPAIN SAU, W8IMY	2,121,447	0.8 %	0.8 %	5,961
8. BORELL, JOAKIM	1,583,821	0.6 %	0.6 %	4,451
9. Nordnet Pensionsförsäkring AB	1,514,913	0.6 %	0.6 %	4,257
10. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	3,389
11. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	3,366
12. HANDELSBANKEN SVERIGE INDEX CRITERIA	1,127,542	0.4 %	0.4 %	3,168
13. NILSSON, PER-ANDERS	1,040,605	0.4 %	0.4 %	2,924
14. SEB SVERIGE INDEXNÄRA	1,005,489	0.4 %	0.4 %	2,825
15. Lambergets Invest AB	915,000	0.3 %	0.3 %	2,571
16. SKANDIA SVERIGE EXPONERING	895,760	0.3 %	0.3 %	2,517
17. ANDERSSON, STIG	847,650	0.3 %	0.3 %	2,382
18. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,310
19. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	787,500	0.3 %	0.3 %	2,213
20. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	739,259	0.3 %	0.3 %	2,077

28-11-2025

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	146,904,045	54.9 %	54.9 %	412,800
2. PROAD AB	20,498,185	7.7 %	7.7 %	57,600
3. UBS SWITZERLAND AG, W8IMY	6,584,768	2.5 %	2.5 %	18,503
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	16,579
5. Försäkringsaktiebolaget Avanza Pension	4,180,598	1.6 %	1.6 %	11,747
6. Dimensional Fund Advisors	4,013,275	1.5 %	1.5 %	11,277
7. CACEIS BANK SPAIN SAU, W8IMY	2,121,447	0.8 %	0.8 %	5,961
8. BORELL JOAKIM	1,583,821	0.6 %	0.6 %	4,451
9. SEB Investment Management AB	1,537,947	0.6 %	0.6 %	4,322
10. Nordnet Pensionsförsäkring AB	1,514,913	0.6 %	0.6 %	4,257
11. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	3,389
12. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	3,366
13. Skandia Fonder AB	1,151,646	0.4 %	0.4 %	3,236
14. Handelsbanken Fonder AB	1,127,542	0.4 %	0.4 %	3,168
15. NILSSON PER-ANDERS	1,040,605	0.4 %	0.4 %	2,924
16. Lambergets Invest AB	915,000	0.3 %	0.3 %	2,571
17. ANDERSSON STIG	847,650	0.3 %	0.3 %	2,382
18. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	787,500	0.3 %	0.3 %	2,213
19. Storebrand Fonder (SPP Fonder)	759,922	0.3 %	0.3 %	2,135
20. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	739,259	0.3 %	0.3 %	2,077
21. Swedbank Försäkring AB	668,564	0.2 %	0.2 %	1,879
22. Persson Håkan	649,696	0.2 %	0.2 %	1,826
23. OSTOJIC ZORAN	619,456	0.2 %	0.2 %	1,741
24. TRIGARSZKY PETER	618,063	0.2 %	0.2 %	1,737
25. Futur Pension Försäkringsaktiebolag	576,396	0.2 %	0.2 %	1,620
26. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,310

28-11-2025

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	6,481	0.3 %	0.3 %	2,584
501 - 1000	1,657	0.5 %	0.5 %	3,613
1001 - 5000	3,158	2.9 %	2.9 %	21,546
5001 - 10000	890	2.5 %	2.5 %	18,480
10001 - 15000	311	1.4 %	1.4 %	10,726
15001 - 20000	234	1.6 %	1.6 %	11,878
20001 -	536	90.8 %	90.8 %	683,627

28-11-2025

Geographical area	Shareholders	Value in TSEK
SVERIGEBOENDE	92,437,168	259,748
USA	4,252,868	11,951
ÖVRIGA EUROPA (EXKL SVERIGE OCH NORDEN)	166,071,254	466,660
ÖVRIGA NORDEN	3,622,995	10,181
ÖVRIGA VÄRLDEN	185,307	521
Total	266,569,592	749,061

28-11-2025

Source: Cision/Euroclear