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	78,230,883	51.0 %	51.0 %	467,038
2. PROAD AB	11,713,249	7.6 %	7.6 %	69,928
3. UBS SWITZERLAND AG, W8IMY	7,538,315	4.9 %	4.9 %	45,004
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	3.8 %	3.8 %	35,223
5. Försäkringsaktiebolaget Avanza Pension	4,208,257	2.7 %	2.7 %	25,123
6. CBNY-DFA-INT SML CAP V	1,485,724	1.0 %	1.0 %	8,870
7. CACEIS BANK SPAIN SAU, W8IMY	1,155,113	0.8 %	0.8 %	6,896
8. HANDELSBANKEN SVERIGE INDEX CRITERIA	951,860	0.6 %	0.6 %	5,683
9. ROTTNEROS AB	821,965	0.5 %	0.5 %	4,907
10. KBC BANK NV, W-8IMY	691,042	0.5 %	0.5 %	4,126
11. Nordnet Pensionsförsäkring AB	663,790	0.4 %	0.4 %	3,963
12. CBNY-DFA-CNTL SML CO S	662,504	0.4 %	0.4 %	3,955
13. NILSSON, PER-ANDERS	549,403	0.4 %	0.4 %	3,280
14. Yli-Krekola, Antti Veikko	547,285	0.4 %	0.4 %	3,267
15. SEB SVERIGE INDEXNÄRA	528,303	0.3 %	0.3 %	3,154
16. SKANDIA SVERIGE EXPONERING	511,863	0.3 %	0.3 %	3,056
17. Lambergets Invest AB	510,000	0.3 %	0.3 %	3,045
18. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	478,009	0.3 %	0.3 %	2,854
19. STOREBRAND SVERIGE PLUS	422,137	0.3 %	0.3 %	2,520
20. AS SEB BANKA, NQI	417,012	0.3 %	0.3 %	2,490

30-04-2025

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	78,230,883	51.0 %	51.3 %	467,038
2. PROAD AB	11,713,249	7.6 %	7.7 %	69,928
3. UBS SWITZERLAND AG, W8IMY	7,538,315	4.9 %	4.9 %	45,004
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	3.8 %	3.9 %	35,223
5. Försäkringsaktiebolaget Avanza Pension	4,208,257	2.7 %	2.8 %	25,123
6. Dimensional Fund Advisors	2,705,969	1.8 %	1.8 %	16,155
7. CACEIS BANK SPAIN SAU, W8IMY	1,155,113	0.8 %	0.8 %	6,896
8. Handelsbanken Fonder AB	951,860	0.6 %	0.6 %	5,683
9. SEB Investment Management AB	832,565	0.5 %	0.5 %	4,970
10. KBC BANK NV, W-8IMY	691,042	0.5 %	0.5 %	4,126
11. Nordnet Pensionsförsäkring AB	663,790	0.4 %	0.4 %	3,963
12. Skandia Fonder AB	620,511	0.4 %	0.4 %	3,704
13. Storebrand Fonder (SPP Fonder)	598,168	0.4 %	0.4 %	3,571
14. NILSSON PER-ANDERS	549,403	0.4 %	0.4 %	3,280
15. Yli-Krekola, Antti Veikko	547,285	0.4 %	0.4 %	3,267
16. Lambergets Invest AB	510,000	0.3 %	0.3 %	3,045
17. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	478,009	0.3 %	0.3 %	2,854
18. AS SEB BANKA, NQI	417,012	0.3 %	0.3 %	2,490
19. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	400,000	0.3 %	0.3 %	2,388
20. Swedbank Försäkring AB	390,478	0.3 %	0.3 %	2,331
21. PSG Capital AB	386,476	0.3 %	0.3 %	2,307
22. Vildrosdalen AB	340,000	0.2 %	0.2 %	2,030
23. Sandin Kurt Patrik	336,000	0.2 %	0.2 %	2,006
24. BERGLUND PER	335,800	0.2 %	0.2 %	2,005
25. THE BANK OF NEW YORK MELLON, W9	327,567	0.2 %	0.2 %	1,956
26. ROTTNEROS AB	821,965	0.5 %	0.5 %	4,907

30-04-2025

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	7,037	0.7 %	0.7 %	5,968
501 - 1000	1,736	0.9 %	0.9 %	8,371
1001 - 5000	2,534	4.0 %	4.0 %	36,822
5001 - 10000	591	3.0 %	3.0 %	27,220
10001 - 15000	174	1.4 %	1.4 %	12,827
15001 - 20000	102	1.2 %	1.2 %	11,239
20001 -	290	88.8 %	88.8 %	813,314

30-04-2025

Geographical area	Shareholders	Value in TSEK
SVERIGEBOENDE	53,392,978	318,756
USA	3,339,047	19,934
ÖVRIGA EUROPA (EXKL SVERIGE OCH NORDEN)	95,065,239	567,539
ÖVRIGA NORDEN	1,482,903	8,853
ÖVRIGA VÄRLDEN	113,723	679
Total	153,393,890	915,762

30-04-2025

Source: Cision/Euroclear