Share Price

The 10 largest shareholders
as at 31 December 2025
Number
of Shares
Percent
(rounded)
Nemesia S.à r.l. 1 95,478,606 33.4
JNE Partners 41,799,872 14.6
Handelsbanken Fonder 7,540,541 2.6
Avanza Pension 4,688,158 1.6
Banque Lombard Odier & Cie 3,742,150 1.3
BlackRock 3,453,421 1.2
Storebrand 2,527,198 0.9
Dimensional Fund Advisors LP 2,117,757 0.7
SEB 1,965,267 0.7
C. Ashley Heppenstall 1,896,535 0.7
Other shareholders
of which Investment Committee & Board
120,695,682
1,717,320
42.2
0.6
Total 285,905,187 100

1 An investment company wholly owned by Lundin family trusts.
Source: Modular Finance and external shareholder confirmation