According to the voting rights notifications received by the end of December 2025, the following institutional investors hold significant voting rights (at least 3%) in NORMA Group:
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Significant voting rights1 |
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Teleios Capital Partners, Zug, Switzerland2 | 20.98% |
The Goldman Sachs Group, Inc., Wilmington, USA3 | 5.97% |
SPICE TWO Investment Coöperatief U.A., Amsterdam, Netherlands4 | 5.00% |
Amundi SA, Paris, France5 | 3.33% |
Newtyn Management, LLC, New York, USA | 3.30% |
Schroders PLC, London, UK | 3.10% |
Lazard Frères Gestion SAS, Paris, France | 3.03% |
Mirabaud Partners & Cie, Geneva, Switzerland | 3.03% |
KBI Global Investors Ltd., Dublin, Ireland | 3.01% |
1_ Significant voting rights pursuant to Sections 33, 38, and 39 WpHG, as at December 31, 2025. 2_When considering the entire corporate chain, Igor Kuzniar holds 20.98% of the voting rights via Teleios Capital Partners LLC (Zug, Switzerland). 3_The share consists of 1.05% voting rights attached to shares and 4.92% voting rights attached to instruments. 4_Taking the entire corporate chain into account, Joseph van Caldenborgh and Nicolaas Hoek hold 5.003% of the voting rights via SPICE Two Investment Coöperatief U.A. (Amsterdam, Netherlands). 5_Amundi SA is the controlling company in the subsidiary chain; the shareholding consists of 3.10% voting rights attached to shares and 0.23% voting rights through instruments. Further information on the reporting thresholds reached during the year with regard to significant voting rights notifications can be found at ANNEXES TO THE NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS. In addition, the voting rights notifications received are published on the company’s website. WWW.NORMAGROUP.COM. |
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These contents are part of the Non-financial Group Report and were subject to a separate limited assurance examination.