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Ownership structure

Largest owners

Name	Num. of shares	Capital	Votes	Verified
AMF Pension & Funds	10,841,643	16.81%	16.81%	2025-11-30
Fidelity Investments (FMR)	3,828,863	5.94%	5.94%	2025-10-31
Frederik W. Mohn	3,823,686	5.93%	5.93%	2025-11-26
AFA Insurance	3,341,344	5.18%	5.18%	2025-11-26
Vanguard	2,488,400	3.86%	3.86%	2025-10-31
Dimensional Fund Advisors	2,473,704	3.83%	3.83%	2025-11-28
Swedbank Robur Funds	1,622,001	2.51%	2.51%	2025-11-30
Handelsbanken Funds	1,542,538	2.39%	2.39%	2025-11-30
American Century Investment Management	1,459,259	2.26%	2.26%	2025-11-29
Salt Value AS	1,442,208	2.24%	2.24%	2025-11-26
Total 10	32,863,646	50.95%	50.95%
Others	31,641,194	49.05%	49.05%
Total number of owners	26,913	2025-11-30
Total number of shares	64,504,840	2025-12-12

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Owner concentration

Concentration	Concentration	Capital	Votes	Num. of shares
The 10 biggest owners	10	50.95%	50.95%	32,863,646
The 20 biggest owners	20	63.29%	63.29%	40,822,361
The 30 biggest owners	30	68.06%	68.06%	43,901,863

Country distribution

Country	Capital	Votes	Num. of shares	Num. of known owners
Sweden	56.08%	56.08%	36,171,691	26,088
United States	19.93%	19.93%	12,857,306	42
Norway	11.39%	11.39%	7,345,311	236
Finland	2.84%	2.84%	1,832,501	253
Germany	0.69%	0.69%	443,555	33
Others	1.84%	1.84%	1,189,360	261
Unknown country	7.24%	7.24%	4,665,116	-
Total	100.00%	100.00%	64,504,840	26,913

Owner holdings distribution

Owner distribution by holding	Capital	Votes	Num. of shares	Num. of known owners
1 - 100	0.86%	0.86%	556,175	15,881
101 - 500	2.83%	2.83%	1,828,443	7,153
501 - 1 000	2.37%	2.37%	1,526,008	1,905
1 001 - 5 000	5.25%	5.25%	3,384,098	1,566
5 001 - 10 000	2.38%	2.38%	1,533,995	205
10 001 - 50 000	4.38%	4.38%	2,826,704	131
50 001 - 100 000	2.48%	2.48%	1,600,926	23
100 001 - 500 000	11.94%	11.94%	7,699,921	33
500 001 - 1 000 000	1.89%	1.89%	1,221,278	2
1 000 001 -	58.39%	58.39%	37,662,176	14
Unknown holding size	7.24%	7.24%	4,665,116	-
Total	100.00%	100.00%	64,504,840	26,913

Owner type distribution

Type	Shares	Capital	Votes	Num. of known owners
Fund companies	32,964,926	51.10%	51.10%	65
Private Individuals	11,707,653	18.15%	18.15%	25,651
Other	8,735,317	13.54%	13.54%	1,090
Pension & Insurance	5,741,679	8.90%	8.90%	26
Foundations	415,652	0.64%	0.64%	74
State	258,174	0.40%	0.40%	6
Investment & PE	16,323	0.03%	0.03%	1
Treasury Shares	0	0.00%	0.00%	0
Unknown owner type	4,665,116	7.24%	7.24%	-
Total	64,504,840	100.00%	100.00%	26,913

Source: Modular Finance AB. Compiled and processed data from various sources, including Euroclear, Morningstar and the Swedish Financial Supervisory Authority (Finansinspektionen).