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 %	333,472
2. PROAD AB	20,498,185	7.7 %	7.7 %	46,531
3. UBS SWITZERLAND AG, W8IMY	6,057,342	2.3 %	2.3 %	13,750
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	13,393
5. Försäkringsaktiebolaget Avanza Pension	5,177,496	1.9 %	1.9 %	11,753
6. CACEIS BANK SPAIN SAU, W8IMY	2,888,288	1.1 %	1.1 %	6,556
7. CBNY-DFA-INT SML CAP V	2,375,130	0.9 %	0.9 %	5,392
8. BORELL, JOAKIM	1,583,821	0.6 %	0.6 %	3,595
9. HANDELSBANKEN SVERIGE INDEX CRITERIA	1,522,894	0.6 %	0.6 %	3,457
10. Nordnet Pensionsförsäkring AB	1,473,216	0.6 %	0.6 %	3,344
11. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	2,737
12. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	2,719
13. THE BANK OF NEW YORK MELLON SA/NV, W8IMY	1,159,410	0.4 %	0.4 %	2,632
14. NILSSON, PER-ANDERS	1,046,155	0.4 %	0.4 %	2,375
15. Lambergets Invest AB	940,000	0.4 %	0.4 %	2,134
16. SEB SVERIGE INDEXNÄRA	902,889	0.3 %	0.3 %	2,050
17. SKANDIA SVERIGE EXPONERING	895,760	0.3 %	0.3 %	2,033
18. ROTTNEROS AB	821,965	0.3 %	0.3 %	1,866
19. STOREBRAND SVERIGE PLUS	800,618	0.3 %	0.3 %	1,817
20. Swedbank Försäkring AB	737,924	0.3 %	0.3 %	1,675

29-05-2026

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	146,904,045	54.9 %	54.9 %	333,472
2. PROAD AB	20,498,185	7.7 %	7.7 %	46,531
3. UBS SWITZERLAND AG, W8IMY	6,057,342	2.3 %	2.3 %	13,750
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	13,393
5. Försäkringsaktiebolaget Avanza Pension	5,177,496	1.9 %	1.9 %	11,753
6. Dimensional Fund Advisors	2,908,166	1.1 %	1.1 %	6,602
7. CACEIS BANK SPAIN SAU, W8IMY	2,888,288	1.1 %	1.1 %	6,556
8. BORELL JOAKIM	1,583,821	0.6 %	0.6 %	3,595
9. Handelsbanken Fonder AB	1,522,894	0.6 %	0.6 %	3,457
10. Nordnet Pensionsförsäkring AB	1,473,216	0.6 %	0.6 %	3,344
11. SEB Investment Management AB	1,420,617	0.5 %	0.5 %	3,225
12. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	2,737
13. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	2,719
14. Skandia Fonder AB	1,161,160	0.4 %	0.4 %	2,636
15. THE BANK OF NEW YORK MELLON SA/NV, W8IMY	1,159,410	0.4 %	0.4 %	2,632
16. Storebrand Fonder (SPP Fonder)	1,108,672	0.4 %	0.4 %	2,517
17. NILSSON PER-ANDERS	1,046,155	0.4 %	0.4 %	2,375
18. Lambergets Invest AB	940,000	0.4 %	0.4 %	2,134
19. Swedbank Försäkring AB	737,924	0.3 %	0.3 %	1,675
20. PlusFonder	699,143	0.3 %	0.3 %	1,587
21. Persson Håkan	638,451	0.2 %	0.2 %	1,449
22. TRIGARSZKY PETER	618,063	0.2 %	0.2 %	1,403
23. United Bankers	606,825	0.2 %	0.2 %	1,377
24. CLEARSTREAM BANKING S.A., W8IMY	494,493	0.2 %	0.2 %	1,122
25. NORDEA BANK ABP	482,865	0.2 %	0.2 %	1,096
26. ROTTNEROS AB	821,965	0.3 %	0.3 %	1,866

29-05-2026

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	6,115	0.3 %	0.3 %	1,967
501 - 1000	1,550	0.4 %	0.4 %	2,719
1001 - 5000	3,040	2.8 %	2.8 %	16,814
5001 - 10000	867	2.4 %	2.4 %	14,607
10001 - 15000	312	1.4 %	1.4 %	8,752
15001 - 20000	217	1.5 %	1.5 %	8,875
20001 -	538	91.2 %	91.2 %	554,223

29-05-2026

Geographical area	Shareholders	Value in TSEK
SVERIGEBOENDE	94,282,680	214,022
USA	3,119,681	7,082
ÖVRIGA EUROPA (EXKL SVERIGE OCH NORDEN)	167,017,815	379,130
ÖVRIGA NORDEN	3,207,550	7,281
ÖVRIGA VÄRLDEN	195,107	443
Total	267,822,833	607,958

29-05-2026

Source: Cision/Euroclear