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 %	440,712
2. PROAD AB	20,498,185	7.7 %	7.7 %	61,495
3. Försäkringsaktiebolaget Avanza Pension	6,867,467	2.6 %	2.6 %	20,602
4. UBS SWITZERLAND AG, W8IMY	6,684,127	2.5 %	2.5 %	20,052
5. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	17,700
6. CBNY-DFA-INT SML CAP V	2,573,884	1.0 %	1.0 %	7,722
7. CACEIS BANK SPAIN SAU, W8IMY	2,121,447	0.8 %	0.8 %	6,364
8. LUNDGREN, FREDRIK	2,106,095	0.8 %	0.8 %	6,318
9. Borell, Joakim	1,423,186	0.5 %	0.5 %	4,270
10. Nordnet Pensionsförsäkring AB	1,275,691	0.5 %	0.5 %	3,827
11. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	3,618
12. NILSSON, PER-ANDERS	1,020,605	0.4 %	0.4 %	3,062
13. Yli-Krekola, Antti Veikko	957,748	0.4 %	0.4 %	2,873
14. SEB SVERIGE INDEXNÄRA	924,530	0.3 %	0.3 %	2,774
15. SKANDIA SVERIGE EXPONERING	895,760	0.3 %	0.3 %	2,687
16. Lambergets Invest AB	892,500	0.3 %	0.3 %	2,678
17. J.P. MORGAN SECURITIES PLC, W8IMY/QDD	838,936	0.3 %	0.3 %	2,517
18. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,466
19. Skandinaviska Enskilda Banken AB	795,925	0.3 %	0.3 %	2,388
20. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	787,500	0.3 %	0.3 %	2,363

31-07-2025

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	146,904,045	54.9 %	54.9 %	440,712
2. PROAD AB	20,498,185	7.7 %	7.7 %	61,495
3. Försäkringsaktiebolaget Avanza Pension	6,867,467	2.6 %	2.6 %	20,602
4. UBS SWITZERLAND AG, W8IMY	6,684,127	2.5 %	2.5 %	20,052
5. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	17,700
6. Dimensional Fund Advisors	4,140,234	1.5 %	1.5 %	12,421
7. CACEIS BANK SPAIN SAU, W8IMY	2,121,447	0.8 %	0.8 %	6,364
8. LUNDGREN FREDRIK	2,106,095	0.8 %	0.8 %	6,318
9. SEB Investment Management AB	1,456,988	0.5 %	0.5 %	4,371
10. Borell Joakim	1,423,186	0.5 %	0.5 %	4,270
11. Nordnet Pensionsförsäkring AB	1,275,691	0.5 %	0.5 %	3,827
12. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	3,618
13. Skandia Fonder AB	1,067,418	0.4 %	0.4 %	3,202
14. NILSSON PER-ANDERS	1,020,605	0.4 %	0.4 %	3,062
15. Yli-Krekola, Antti Veikko	957,748	0.4 %	0.4 %	2,873
16. Lambergets Invest AB	892,500	0.3 %	0.3 %	2,678
17. J.P. MORGAN SECURITIES PLC, W8IMY/QDD	838,936	0.3 %	0.3 %	2,517
18. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	787,500	0.3 %	0.3 %	2,363
19. PSG Capital AB	758,761	0.3 %	0.3 %	2,276
20. Handelsbanken Fonder AB	730,794	0.3 %	0.3 %	2,192
21. Storebrand Fonder (SPP Fonder)	725,446	0.3 %	0.3 %	2,176
22. THE BANK OF NEW YORK MELLON SA/NV, W8IMY	700,171	0.3 %	0.3 %	2,101
23. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	685,149	0.3 %	0.3 %	2,055
24. Kiejko Karol	684,785	0.3 %	0.3 %	2,054
25. Swedbank Försäkring AB	669,593	0.3 %	0.3 %	2,009
26. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,466

31-07-2025

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	6,314	0.3 %	0.3 %	2,652
501 - 1000	1,593	0.5 %	0.5 %	3,671
1001 - 5000	2,904	2.6 %	2.6 %	20,875
5001 - 10000	790	2.1 %	2.1 %	17,215
10001 - 15000	277	1.3 %	1.3 %	10,163
15001 - 20000	203	1.4 %	1.4 %	10,898
20001 -	477	91.5 %	91.5 %	735,502

31-07-2025

Geographical area	Shareholders	Value in TSEK
SVERIGEBOENDE	91,157,570	273,473
USA	4,403,095	13,209
ÖVRIGA EUROPA (EXKL SVERIGE OCH NORDEN)	167,937,053	503,811
ÖVRIGA NORDEN	2,793,501	8,381
ÖVRIGA VÄRLDEN	278,373	835
Total	266,569,592	799,709

31-07-2025

Source: Cision/Euroclear