Axactor Annual Report 2016

20 largest shareholders and ownership Interests as at 31 December 2016 Name Shareholding Share % TVENGE, TORSTEIN 52,500,000 4.3 % MOHN, STEIN 52,041,005 4.2 % SOLAN CAPITAL AS 1) 41,143,079 3.4 % VERDIPAPIRFONDET ALFRED BERG GAMBA 35,553,765 2.9 % VERDIPAPIRFONDET DNB NORGE (IV) 34,286,407 2.8 % FERD AS 34,000,000 2.8 % ARCTIC FUNDS PLC 31,423,627 2.6 % SPENCER TRADING INC 31,254,181 2.5 % VERDIPAPIRFONDET HANDELSBANKEN 30,651,801 2.5 % VERDIPAPIRFONDET ALFRED BERG NORGE 27,995,293 2.3 % LOPEZ SANCHEZ, ANDERS 2) 22,902,500 1.9 % MARTIN IBEAS, DAVID 3) 22,902,500 1.9 % NOMURA INTERNATIONAL PLC 21,982,095 1.8 % STATOIL PENSJON 21,844,142 1.8 % VERDIPAPIRFONDET DNB SMB 20,545,311 1.7 % GVEPSEBORG AS 20,364,945 1.7 % DNB LIVSFORSIKRING ASA 19,670,315 1.6 % VERDIPAPIRFONDET DELPHI NORDEN 19,303,199 1.6 % NORRON SICAV - TARGET 18,550,000 1.5 % ALPETTE AS 4) 16,616,431 1.4 % Total 20 largest shareholders 575,530,596 46.9 % Other shareholders 650,958,173 53.1 % Total number of shares 1,226,488,769 100.0 % Shares owned by related parties Name Shareholding Share % SOLAN CAPITAL AS 1) 41,143,079 3 % LOPEZ SANCHEZ, ANDRES 2) 22,902,500 2 % MARTIN IBEAS, DAVID 3) 22,902,500 2 % ALPETTE AS 4) 16,616,431 1 % LATINO INVEST AS 5) 10,300,000 1 % ELENA AS 6) 9,914,019 1 % VARDFJELL AS 7) 9,914,019 1 % CIPRIANO AS 8) 5,000,000 0 % FARSTAD, SIV 9) 2,000,000 0 % SCHNEIDER; SUSANNE LENE RANGNES 10) 398,320 0 % 1) Solan Capital is controlled by Gunnar Hvammen, member of the Board of Directors in Axactor AB in 2016 2) Andres Lopez Sanche is a member of the Axactor Spain management team and former ovwner of ALD, Spain 3) David Martin Ibeas is a member of the Axactor Spain management team and former ovwner of ALD, Spain 4) Alpette AS is controlled by Endre Rangnes who is the CEO of Axactor AB 5) Latino Invest AS is controlled by Johnny Tsolis who is a member of the excecutive management team of Axactor AB 6) Elena AS is controlled by Tor Olaf Bekkevold who is a member of the excecutive management team of Axactor Norway AS 7) Vardfjell AS is controlled by Frode Reiersrud who is a member of the excecutive management team of Axactor Norway AS 8) Cipriano AS is controlled by Einar J. Greve who is the Chairman of the Board of Axactor AB 9) Siv Farstad is a member of the excecutive management team of Axactor AB 10) Susanne L. R. Schneider is related to the CEO of Axactor AB Axactor AB | Annual report 2016 53

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