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 %	352,821
2. PROAD AB	11,713,249	7.6 %	7.6 %	52,827
3. UBS SWITZERLAND AG, W8IMY	7,524,207	4.9 %	4.9 %	33,934
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	3.8 %	3.8 %	26,609
5. Försäkringsaktiebolaget Avanza Pension	3,336,401	2.2 %	2.2 %	15,047
6. BNP PARIBAS SA PARIS, W8IMY (GCS)	2,036,200	1.3 %	1.3 %	9,183
7. CACEIS BANK SPAIN SAU, W8IMY	1,155,113	0.8 %	0.8 %	5,210
8. THE BANK OF NEW YORK MELLON SA/NV, W8IMY	1,036,710	0.7 %	0.7 %	4,676
9. ROTTNEROS AB	821,965	0.5 %	0.5 %	3,707
10. KBC BANK NV, W-8IMY	691,042	0.5 %	0.5 %	3,117
11. AXEHEIM, LARS	618,000	0.4 %	0.4 %	2,787
12. NILSSON, PER-ANDERS	549,403	0.4 %	0.4 %	2,478
13. Yli-Krekola, Antti Veikko	547,285	0.4 %	0.4 %	2,468
14. SEB SVERIGE INDEXNÄRA	528,303	0.3 %	0.3 %	2,383
15. SKANDIA SVERIGE EXPONERING	511,863	0.3 %	0.3 %	2,309
16. Lambergets Invest AB	510,000	0.3 %	0.3 %	2,300
17. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	473,009	0.3 %	0.3 %	2,133
18. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	450,000	0.3 %	0.3 %	2,030
19. AS SEB BANKA, NQI	417,012	0.3 %	0.3 %	1,881
20. Swedbank Försäkring AB	390,478	0.3 %	0.3 %	1,761

30-05-2025

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	78,230,883	51.0 %	51.0 %	352,821
2. PROAD AB	11,713,249	7.6 %	7.6 %	52,827
3. UBS SWITZERLAND AG, W8IMY	7,524,207	4.9 %	4.9 %	33,934
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	3.8 %	3.8 %	26,609
5. Försäkringsaktiebolaget Avanza Pension	3,336,401	2.2 %	2.2 %	15,047
6. BNP PARIBAS SA PARIS	2,036,200	1.3 %	1.3 %	9,183
7. CACEIS BANK SPAIN SAU, W8IMY	1,155,113	0.8 %	0.8 %	5,210
8. THE BANK OF NEW YORK MELLON SA/NV	1,036,710	0.7 %	0.7 %	4,676
9. SEB Investment Management AB	832,565	0.5 %	0.5 %	3,755
10. KBC BANK NV	691,042	0.5 %	0.5 %	3,117
11. AXEHEIM LARS	618,000	0.4 %	0.4 %	2,787
12. Skandia Fonder AB	609,954	0.4 %	0.4 %	2,751
13. NILSSON PER-ANDERS	549,403	0.4 %	0.4 %	2,478
14. Yli-Krekola, Antti Veikko	547,285	0.4 %	0.4 %	2,468
15. Lambergets Invest AB	510,000	0.3 %	0.3 %	2,300
16. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	473,009	0.3 %	0.3 %	2,133
17. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	450,000	0.3 %	0.3 %	2,030
18. AS SEB BANKA, NQI	417,012	0.3 %	0.3 %	1,881
19. Swedbank Försäkring AB	390,478	0.3 %	0.3 %	1,761
20. PSG Capital AB	385,229	0.3 %	0.3 %	1,737
21. Skandinaviska Enskilda Banken AB	368,000	0.2 %	0.2 %	1,660
22. Nordnet Pensionsförsäkring AB	341,494	0.2 %	0.2 %	1,540
23. Vildrosdalen AB	340,000	0.2 %	0.2 %	1,533
24. Sandin Kurt Patrik	336,000	0.2 %	0.2 %	1,515
25. BERGLUND PER	335,800	0.2 %	0.2 %	1,514
26. ROTTNEROS AB	821,965	0.5 %	0.5 %	3,707

30-05-2025

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	7,006	0.6 %	0.6 %	4,483
501 - 1000	1,719	0.9 %	0.9 %	6,255
1001 - 5000	2,563	4.1 %	4.1 %	28,130
5001 - 10000	584	2.9 %	2.9 %	20,343
10001 - 15000	184	1.5 %	1.5 %	10,268
15001 - 20000	104	1.3 %	1.3 %	8,684
20001 -	296	88.7 %	88.7 %	613,643

30-05-2025

Geographical area	Shareholders	Value in TSEK
SVERIGEBOENDE	52,332,133	236,018
USA	395,254	1,783
ÖVRIGA EUROPA (EXKL SVERIGE OCH NORDEN)	99,000,461	446,492
ÖVRIGA NORDEN	1,519,477	6,853
ÖVRIGA VÄRLDEN	146,685	662
Total	153,394,010	691,807

30-05-2025

Source: Cision/Euroclear