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 %	464,951
2. PROAD AB	20,518,185	7.7 %	7.7 %	64,940
3. UBS SWITZERLAND AG, W8IMY/QI	7,307,150	2.7 %	2.7 %	23,127
4. NEMUS HOLDING AB	5,900,000	2.2 %	2.2 %	18,674
5. Försäkringsaktiebolaget Avanza Pension	5,375,526	2.0 %	2.0 %	17,014
6. CACEIS BANK SPAIN SAU, W8IMY	2,888,288	1.1 %	1.1 %	9,141
7. Borell, Anders Joakim	1,988,927	0.7 %	0.7 %	6,295
8. Nordnet Pensionsförsäkring AB	1,906,505	0.7 %	0.7 %	6,034
9. KBC BANK NV, W-8IMY	1,206,097	0.5 %	0.5 %	3,817
10. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	3,791
11. NILSSON, PER-ANDERS	1,161,400	0.4 %	0.4 %	3,676
12. THE BANK OF NEW YORK MELLON SA/NV, W8IMY	1,158,873	0.4 %	0.4 %	3,668
13. HANDELSBANKEN SVERIGE INDEX CRITERIA	1,062,448	0.4 %	0.4 %	3,363
14. SEB SVERIGE INDEXNÄRA	993,680	0.4 %	0.4 %	3,145
15. Lambergets Invest AB	980,000	0.4 %	0.4 %	3,102
16. CBNY-DFA-INT SML CAP V	931,245	0.3 %	0.3 %	2,947
17. SKANDIA SVERIGE EXPONERING	895,760	0.3 %	0.3 %	2,835
18. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,602
19. STOREBRAND SVERIGE PLUS	743,750	0.3 %	0.3 %	2,354
20. Swedbank Försäkring AB	733,781	0.3 %	0.3 %	2,322

30-09-2026

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	146,904,045	54.9 %	54.9 %	464,951
2. PROAD AB	20,518,185	7.7 %	7.7 %	64,940
3. UBS SWITZERLAND AG, W8IMY/QI	7,307,150	2.7 %	2.7 %	23,127
4. NEMUS HOLDING AB	5,900,000	2.2 %	2.2 %	18,674
5. Försäkringsaktiebolaget Avanza Pension	5,375,526	2.0 %	2.0 %	17,014
6. CACEIS BANK SPAIN SAU, W8IMY	2,888,288	1.1 %	1.1 %	9,141
7. Borell Anders Joakim	1,988,927	0.7 %	0.7 %	6,295
8. Nordnet Pensionsförsäkring AB	1,906,505	0.7 %	0.7 %	6,034
9. SEB Funds AB	1,516,138	0.6 %	0.6 %	4,799
10. Dimensional Fund Advisors	1,247,728	0.5 %	0.5 %	3,949
11. KBC BANK NV, W-8IMY	1,206,097	0.5 %	0.5 %	3,817
12. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	3,791
13. NILSSON PER-ANDERS	1,161,400	0.4 %	0.4 %	3,676
14. Skandia Fonder AB	1,161,160	0.4 %	0.4 %	3,675
15. THE BANK OF NEW YORK MELLON SA/NV, W8IMY	1,158,873	0.4 %	0.4 %	3,668
16. Handelsbanken Fonder AB	1,062,448	0.4 %	0.4 %	3,363
17. Storebrand Fonder (SPP Fonder)	1,051,804	0.4 %	0.4 %	3,329
18. Lambergets Invest AB	980,000	0.4 %	0.4 %	3,102
19. Swedbank Försäkring AB	733,781	0.3 %	0.3 %	2,322
20. PlusFonder	691,194	0.3 %	0.3 %	2,188
21. Persson Håkan	647,451	0.2 %	0.2 %	2,049
22. TRIGARSZKY PETER	618,063	0.2 %	0.2 %	1,956
23. SKÅNEREVISION I SKÅNE-LÄN AB	500,000	0.2 %	0.2 %	1,583
24. United Bankers	500,000	0.2 %	0.2 %	1,583
25. NORDEA BANK ABP	456,474	0.2 %	0.2 %	1,445
26. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,602

30-09-2026

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	6,030	0.3 %	0.3 %	2,706
501 - 1000	1,509	0.4 %	0.4 %	3,686
1001 - 5000	2,959	2.7 %	2.7 %	22,930
5001 - 10000	846	2.4 %	2.4 %	20,201
10001 - 15000	302	1.4 %	1.4 %	11,769
15001 - 20000	213	1.4 %	1.4 %	12,233
20001 -	555	91.3 %	91.3 %	774,135

30-09-2026

Geographical area	Number of shareholders	Holdings, %	Total Shares	Votes, %	Value (TSEK)
Sweden	12,091	37.6 %	100,774,360	37.3 %	318,951
USA	14	0.6 %	1,517,309	0.6 %	4,802
Rest of Europe	95	60.5 %	162,053,085	60.5 %	512,898
Rest of Nordics	188	1.2 %	3,271,991	1.2 %	10,356
Rest of the world	26	0.1 %	206,088	0.1 %	652
Total	12,414	100.0 %	267,822,833	99.7 %	847,659

30-09-2026

Source: Cision/Euroclear