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 %	357,711
2. PROAD AB	20,498,185	7.7 %	7.7 %	49,913
3. UBS SWITZERLAND AG, W8IMY	6,897,934	2.6 %	2.6 %	16,796
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	14,367
5. Försäkringsaktiebolaget Avanza Pension	4,501,714	1.7 %	1.7 %	10,962
6. CACEIS BANK SPAIN SAU, W8IMY	2,888,288	1.1 %	1.1 %	7,033
7. CBNY-DFA-INT SML CAP V	2,375,130	0.9 %	0.9 %	5,783
8. BORELL, JOAKIM	1,583,821	0.6 %	0.6 %	3,857
9. Nordnet Pensionsförsäkring AB	1,514,146	0.6 %	0.6 %	3,687
10. HANDELSBANKEN SVERIGE INDEX CRITERIA	1,362,116	0.5 %	0.5 %	3,317
11. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	2,936
12. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	2,917
13. NILSSON, PER-ANDERS	1,046,155	0.4 %	0.4 %	2,547
14. SEB SVERIGE INDEXNÄRA	1,020,489	0.4 %	0.4 %	2,485
15. Lambergets Invest AB	940,000	0.4 %	0.4 %	2,289
16. SKANDIA SVERIGE EXPONERING	895,760	0.3 %	0.3 %	2,181
17. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,001
18. STOREBRAND SVERIGE PLUS	800,618	0.3 %	0.3 %	1,950
19. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	760,719	0.3 %	0.3 %	1,852
20. Swedbank Försäkring AB	700,064	0.3 %	0.3 %	1,705

31-03-2026

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	146,904,045	54.9 %	54.9 %	357,711
2. PROAD AB	20,498,185	7.7 %	7.7 %	49,913
3. UBS SWITZERLAND AG, W8IMY	6,897,934	2.6 %	2.6 %	16,796
4. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	2.2 %	2.2 %	14,367
5. Försäkringsaktiebolaget Avanza Pension	4,501,714	1.7 %	1.7 %	10,962
6. Dimensional Fund Advisors	3,179,713	1.2 %	1.2 %	7,743
7. CACEIS BANK SPAIN SAU, W8IMY	2,888,288	1.1 %	1.1 %	7,033
8. BORELL JOAKIM	1,583,821	0.6 %	0.6 %	3,857
9. SEB Investment Management AB	1,546,209	0.6 %	0.6 %	3,765
10. Nordnet Pensionsförsäkring AB	1,514,146	0.6 %	0.6 %	3,687
11. Handelsbanken Fonder AB	1,362,116	0.5 %	0.5 %	3,317
12. KBC BANK NV, W-8IMY	1,205,947	0.5 %	0.5 %	2,936
13. Yli-Krekola, Antti Veikko	1,197,748	0.4 %	0.4 %	2,917
14. Skandia Fonder AB	1,161,160	0.4 %	0.4 %	2,827
15. Storebrand Fonder (SPP Fonder)	1,108,672	0.4 %	0.4 %	2,700
16. NILSSON PER-ANDERS	1,046,155	0.4 %	0.4 %	2,547
17. Lambergets Invest AB	940,000	0.4 %	0.4 %	2,289
18. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	760,719	0.3 %	0.3 %	1,852
19. Swedbank Försäkring AB	700,064	0.3 %	0.3 %	1,705
20. Persson Håkan	638,451	0.2 %	0.2 %	1,555
21. TRIGARSZKY PETER	618,063	0.2 %	0.2 %	1,505
22. United Bankers	606,825	0.2 %	0.2 %	1,478
23. Futur Pension Försäkringsaktiebolag	575,960	0.2 %	0.2 %	1,402
24. PlusFonder	562,846	0.2 %	0.2 %	1,371
25. CLEARSTREAM BANKING S.A., W8IMY	494,493	0.2 %	0.2 %	1,204
26. ROTTNEROS AB	821,965	0.3 %	0.3 %	2,001

31-03-2026

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	6,249	0.3 %	0.3 %	2,150
501 - 1000	1,570	0.5 %	0.5 %	2,957
1001 - 5000	3,066	2.8 %	2.8 %	18,134
5001 - 10000	866	2.4 %	2.4 %	15,652
10001 - 15000	312	1.4 %	1.4 %	9,407
15001 - 20000	222	1.5 %	1.5 %	9,796
20001 -	537	91.1 %	91.1 %	593,959

31-03-2026

Geographical area	Shareholders	Value in TSEK
SVERIGEBOENDE	92,868,905	226,136
USA	3,558,319	8,665
ÖVRIGA EUROPA (EXKL SVERIGE OCH NORDEN)	166,792,270	406,139
ÖVRIGA NORDEN	3,162,141	7,700
ÖVRIGA VÄRLDEN	187,957	458
Total	266,569,592	649,097

31-03-2026

Source: Cision/Euroclear