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	78,230,883	51.0 %	51.0 %	212,788
2. PROAD AB	11,713,249	7.6 %	7.6 %	31,860
3. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	3.8 %	3.8 %	16,048
4. Försäkringsaktiebolaget Avanza Pension	3,569,143	2.3 %	2.3 %	9,708
5. BNP PARIBAS SA PARIS, W8IMY (GCS)	3,491,200	2.3 %	2.3 %	9,496
6. THE BANK OF NEW YORK MELLON SA/NV, W8IMY	3,080,279	2.0 %	2.0 %	8,378
7. UBS SWITZERLAND AG, W8IMY	2,748,540	1.8 %	1.8 %	7,476
8. CACEIS BANK SPAIN SAU, W8IMY	1,255,113	0.8 %	0.8 %	3,414
9. ROTTNEROS AB	821,965	0.5 %	0.5 %	2,236
10. KBC BANK NV, W-8IMY	691,042	0.5 %	0.5 %	1,880
11. NILSSON, PER-ANDERS	574,993	0.4 %	0.4 %	1,564
12. Yli-Krekola, Antti Veikko	547,285	0.4 %	0.4 %	1,489
13. SEB SVERIGE INDEXNÄRA	528,303	0.3 %	0.3 %	1,437
14. SKANDIA SVERIGE EXPONERING	511,863	0.3 %	0.3 %	1,392
15. Lambergets Invest AB	510,000	0.3 %	0.3 %	1,387
16. J.P. MORGAN SECURITIES PLC, W8IMY/QDD	475,229	0.3 %	0.3 %	1,293
17. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	475,009	0.3 %	0.3 %	1,292
18. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	450,000	0.3 %	0.3 %	1,224
19. PLUS MIKROBOLAG SVERIGE INDEX	429,177	0.3 %	0.3 %	1,167
20. AS SEB BANKA, NQI	417,012	0.3 %	0.3 %	1,134

30-06-2025

Name	Total Shares	Percent	Votes, %	Value in TSEK
1. ARCTIC PAPER SA	78,230,883	51.0 %	51.0 %	212,788
2. PROAD AB	11,713,249	7.6 %	7.6 %	31,860
3. CACEIS BANK, SWITZERLAND BRANCH, W8IMY	5,900,000	3.8 %	3.8 %	16,048
4. Försäkringsaktiebolaget Avanza Pension	3,569,143	2.3 %	2.3 %	9,708
5. BNP PARIBAS SA PARIS, W8IMY (GCS)	3,491,200	2.3 %	2.3 %	9,496
6. THE BANK OF NEW YORK MELLON SA/NV, W8IMY	3,080,279	2.0 %	2.0 %	8,378
7. UBS SWITZERLAND AG, W8IMY	2,748,540	1.8 %	1.8 %	7,476
8. CACEIS BANK SPAIN SAU, W8IMY	1,255,113	0.8 %	0.8 %	3,414
9. SEB Investment Management AB	832,565	0.5 %	0.5 %	2,265
10. KBC BANK NV, W-8IMY	691,042	0.5 %	0.5 %	1,880
11. Skandia Fonder AB	609,954	0.4 %	0.4 %	1,659
12. NILSSON PER-ANDERS	574,993	0.4 %	0.4 %	1,564
13. Yli-Krekola, Antti Veikko	547,285	0.4 %	0.4 %	1,489
14. Lambergets Invest AB	510,000	0.3 %	0.3 %	1,387
15. J.P. MORGAN SECURITIES PLC, W8IMY/QDD	475,229	0.3 %	0.3 %	1,293
16. FÖRSÄKRINGSAKTIEBOLAGET SKANDIA (PUBL)	475,009	0.3 %	0.3 %	1,292
17. UB METSÄ GLOBAL ERIKOISSIJOITUSRAHA, STO	450,000	0.3 %	0.3 %	1,224
18. PSG Capital AB	429,177	0.3 %	0.3 %	1,167
19. AS SEB BANKA, NQI	417,012	0.3 %	0.3 %	1,134
20. Swedbank Försäkring AB	390,478	0.3 %	0.3 %	1,062
21. Dimensional Fund Advisors	343,159	0.2 %	0.2 %	933
22. Vildrosdalen AB	340,000	0.2 %	0.2 %	925
23. Sandin Kurt Patrik	336,000	0.2 %	0.2 %	914
24. BERGLUND PER	335,800	0.2 %	0.2 %	913
25. CLEARSTREAM BANKING S.A., W8IMY	302,441	0.2 %	0.2 %	823
26. ROTTNEROS AB	821,965	0.5 %	0.5 %	2,236

30-06-2025

Share Ranges	Number of shareholders	Percent	Votes,%	Value (TSEK)
1 - 500	6,909	0.6 %	0.6 %	2,679
501 - 1000	1,726	0.9 %	0.9 %	3,794
1001 - 5000	2,581	4.1 %	4.1 %	17,201
5001 - 10000	609	3.0 %	3.0 %	12,696
10001 - 15000	186	1.5 %	1.5 %	6,314
15001 - 20000	112	1.4 %	1.4 %	5,656
20001 -	307	88.4 %	88.4 %	368,892

30-06-2025

Geographical area	Shareholders	Value in TSEK
SVERIGEBOENDE	52,760,287	143,508
USA	549,528	1,495
ÖVRIGA EUROPA (EXKL SVERIGE OCH NORDEN)	98,209,516	267,130
ÖVRIGA NORDEN	1,778,841	4,838
ÖVRIGA VÄRLDEN	95,718	260
Total	153,393,890	417,231

30-06-2025

Source: Cision/Euroclear