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 %	401,048
2. PROAD AB	20,498,185	7.7 %	7.7 %	55,960
3. UBS SWITZERLAND AG, W8IMY	7,092,009	2.6 %	2.6 %	19,361
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	16,107
5. Försäkringsaktiebolaget Avanza Pension	4,997,401	1.9 %	1.9 %	13,643
6. CBNY-DFA-INT SML CAP V	2,573,884	1.0 %	1.0 %	7,027
7. CACEIS BANK SPAIN SAU, W8IMY	2,121,447	0.8 %	0.8 %	5,792
8. BORELL, JOAKIM	1,583,821	0.6 %	0.6 %	4,324
9. Nordnet Pensionsförsäkring AB	1,374,238	0.5 %	0.5 %	3,752
10. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	3,292
11. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	3,270
12. NILSSON, PER-ANDERS	1,020,605	0.4 %	0.4 %	2,786
13. SEB SVERIGE INDEXNÄRA	1,020,489	0.4 %	0.4 %	2,786
14. HANDELSBANKEN SVERIGE INDEX CRITERIA	930,223	0.3 %	0.3 %	2,540
15. Lambergets Invest AB	915,000	0.3 %	0.3 %	2,498
16. SKANDIA SVERIGE EXPONERING	895,760	0.3 %	0.3 %	2,445
17. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,244
18. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	787,500	0.3 %	0.3 %	2,150
19. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	774,259	0.3 %	0.3 %	2,114
20. PLUS MIKROBOLAG SVERIGE INDEX	735,504	0.3 %	0.3 %	2,008

31-10-2025

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	146,904,045	54.9 %	54.9 %	401,048
2. PROAD AB	20,498,185	7.7 %	7.7 %	55,960
3. UBS SWITZERLAND AG, W8IMY	7,092,009	2.6 %	2.6 %	19,361
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	16,107
5. Försäkringsaktiebolaget Avanza Pension	4,997,401	1.9 %	1.9 %	13,643
6. Dimensional Fund Advisors	4,013,275	1.5 %	1.5 %	10,956
7. CACEIS BANK SPAIN SAU, W8IMY	2,121,447	0.8 %	0.8 %	5,792
8. BORELL JOAKIM	1,583,821	0.6 %	0.6 %	4,324
9. SEB Investment Management AB	1,552,947	0.6 %	0.6 %	4,240
10. Nordnet Pensionsförsäkring AB	1,374,238	0.5 %	0.5 %	3,752
11. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	3,292
12. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	3,270
13. Skandia Fonder AB	1,151,646	0.4 %	0.4 %	3,144
14. NILSSON PER-ANDERS	1,020,605	0.4 %	0.4 %	2,786
15. Handelsbanken Fonder AB	930,223	0.3 %	0.3 %	2,540
16. Lambergets Invest AB	915,000	0.3 %	0.3 %	2,498
17. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	787,500	0.3 %	0.3 %	2,150
18. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	774,259	0.3 %	0.3 %	2,114
19. Storebrand Fonder (SPP Fonder)	759,922	0.3 %	0.3 %	2,075
20. PlusFonder	735,504	0.3 %	0.3 %	2,008
21. Swedbank Försäkring AB	667,503	0.2 %	0.2 %	1,822
22. Persson Hakan Mikael	649,696	0.2 %	0.2 %	1,774
23. OSTOJIC ZORAN	619,406	0.2 %	0.2 %	1,691
24. TRIGARSZKY PETER	618,063	0.2 %	0.2 %	1,687
25. ANDERSSON STIG	611,150	0.2 %	0.2 %	1,668
26. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,244

31-10-2025

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	6,532	0.3 %	0.3 %	2,528
501 - 1000	1,673	0.5 %	0.5 %	3,538
1001 - 5000	3,194	2.9 %	2.9 %	21,041
5001 - 10000	907	2.5 %	2.5 %	18,242
10001 - 15000	314	1.4 %	1.4 %	10,544
15001 - 20000	222	1.5 %	1.5 %	10,924
20001 -	527	90.8 %	90.8 %	664,214

31-10-2025

Geographical area	Shareholders	Value in TSEK
SVERIGEBOENDE	92,022,667	251,222
USA	4,254,215	11,614
ÖVRIGA EUROPA (EXKL SVERIGE OCH NORDEN)	166,456,262	454,426
ÖVRIGA NORDEN	3,642,314	9,944
ÖVRIGA VÄRLDEN	183,307	500
Total	266,558,765	727,705

31-10-2025

Source: Cision/Euroclear