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 %	345,959
2. PROAD AB	20,498,185	7.7 %	7.7 %	48,273
3. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	13,895
4. UBS SWITZERLAND AG, W8IMY	4,953,484	1.8 %	1.8 %	11,665
5. Försäkringsaktiebolaget Avanza Pension	4,411,512	1.6 %	1.6 %	10,389
6. CACEIS BANK SPAIN SAU, W8IMY	2,888,288	1.1 %	1.1 %	6,802
7. CBNY-DFA-INT SML CAP V	2,573,884	1.0 %	1.0 %	6,061
8. Nordnet Pensionsförsäkring AB	1,885,415	0.7 %	0.7 %	4,440
9. BORELL, JOAKIM	1,583,821	0.6 %	0.6 %	3,730
10. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	2,840
11. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	2,821
12. NILSSON, PER-ANDERS	1,046,155	0.4 %	0.4 %	2,464
13. SEB SVERIGE INDEXNÄRA	1,009,285	0.4 %	0.4 %	2,377
14. Lambergets Invest AB	940,000	0.4 %	0.4 %	2,214
15. SKANDIA SVERIGE EXPONERING	895,760	0.3 %	0.3 %	2,110
16. ROTTNEROS AB	821,965	0.3 %	0.3 %	1,936
17. THE BANK OF NEW YORK MELLON SA/NV, W8IMY	814,644	0.3 %	0.3 %	1,918
18. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	787,500	0.3 %	0.3 %	1,855
19. IBKR FINANCIAL SERVICES AG, W8IMY QDD	749,787	0.3 %	0.3 %	1,766
20. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	721,759	0.3 %	0.3 %	1,700

30-01-2026

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	146,904,045	54.9 %	54.9 %	345,959
2. PROAD AB	20,498,185	7.7 %	7.7 %	48,273
3. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	13,895
4. UBS SWITZERLAND AG, W8IMY	4,953,484	1.9 %	1.9 %	11,665
5. Försäkringsaktiebolaget Avanza Pension	4,411,512	1.6 %	1.6 %	10,389
6. Dimensional Fund Advisors	3,719,768	1.4 %	1.4 %	8,760
7. CACEIS BANK SPAIN SAU, W8IMY	2,888,288	1.1 %	1.1 %	6,802
8. Nordnet Pensionsförsäkring AB	1,885,415	0.7 %	0.7 %	4,440
9. BORELL JOAKIM	1,583,821	0.6 %	0.6 %	3,730
10. SEB Investment Management AB	1,541,743	0.6 %	0.6 %	3,631
11. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	2,840
12. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	2,821
13. Skandia Fonder AB	1,151,646	0.4 %	0.4 %	2,712
14. NILSSON PER-ANDERS	1,046,155	0.4 %	0.4 %	2,464
15. Lambergets Invest AB	940,000	0.4 %	0.4 %	2,214
16. THE BANK OF NEW YORK MELLON SA/NV, W8IMY	814,644	0.3 %	0.3 %	1,918
17. United Bankers	794,325	0.3 %	0.3 %	1,871
18. IBKR FINANCIAL SERVICES AG, W8IMY QDD	749,787	0.3 %	0.3 %	1,766
19. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	721,759	0.3 %	0.3 %	1,700
20. Swedbank Försäkring AB	646,564	0.2 %	0.2 %	1,523
21. Persson Håkan	638,451	0.2 %	0.2 %	1,504
22. TRIGARSZKY PETER	618,063	0.2 %	0.2 %	1,456
23. Futur Pension Försäkringsaktiebolag	576,396	0.2 %	0.2 %	1,357
24. Storebrand Fonder (SPP Fonder)	548,678	0.2 %	0.2 %	1,292
25. CLEARSTREAM BANKING S.A., W8IMY	494,493	0.2 %	0.2 %	1,165
26. ROTTNEROS AB	821,965	0.3 %	0.3 %	1,936

30-01-2026

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	6,401	0.3 %	0.3 %	2,132
501 - 1000	1,610	0.5 %	0.5 %	2,937
1001 - 5000	3,110	2.8 %	2.8 %	17,855
5001 - 10000	862	2.4 %	2.4 %	15,102
10001 - 15000	319	1.5 %	1.5 %	9,281
15001 - 20000	226	1.5 %	1.5 %	9,630
20001 -	541	91.0 %	91.0 %	573,705

30-01-2026

Geographical area	Shareholders	Value in TSEK
SVERIGEBOENDE	92,053,135	216,785
USA	3,949,637	9,301
ÖVRIGA EUROPA (EXKL SVERIGE OCH NORDEN)	166,836,133	392,899
ÖVRIGA NORDEN	3,542,730	8,343
ÖVRIGA VÄRLDEN	187,957	443
Total	266,569,592	627,771

30-01-2026

Source: Cision/Euroclear