Shareholding and changes in share capital

Industrie De Nora is listed on Euronext Milan since June 30th , 2022

Industrie De Nora S.p.A. share capital amounts to euro 18,268,203.90 represented by 201,685,174 shares without indication of nominal value.

	# shares
Total of which:	201,685,174
Ordinary shares	51,203,979
Multiple vote shares ¹	150,481,195

^{1. Owned by the shareholders Federico De Nora, Federico De Nora SpA, Norfin SpA and Asset Company 10 Srl. Multiple-vote shares are not admitted to trading on Euronext Milan and are not counted in the free float and market capitalization value.}^{Multiple voting shares give 3 votes at the shareholders' meeting.}

Shareholder composition

*100% of Asset Company 10 S.r.l. shares (21.6%) are owned by Snam

Relevant participations

(owning more than 3% of Industrie De Nora shares, on the basis of the information available and communications received pursuant to Art. 120 of the Testo Unico della Finanza).

Updated January 8, 2024.

	%	# shares
Federico De Nora S.p.A.	44.30%	89,347,527 of which 88,847,684 multiple vote shares of which 499,843 ordinary shares
Norfin S.p.A.	5.75%	11,596,263 of which 11,474,617 multiple vote shares of which 121,646 ordinary shares
Federico De Nora	3.28%	6,619,560 multiple vote shares
Asset Company 10 S.r.l.	21.59%	43,539,334 multiple vote shares
7 Industries Holding B.V. ²	3.71%	7,481,481 ordinary shares
San Quirico S.p.A. ²	3.67%	7,407,407 ordinary shares

^{2. Source Shareholders ID analysis by Nasdaq Inside - November 2022}

Shareholders & voting rights

	# shares	%	% voting rights
Federico De Nora S.p.A. (multiple vote shares)	88,847,684	44.05%	53.03%
Federico De Nora S.p.A. (ordinary shares)	499,843	0.25%	0.10%
Norfin S.p.A. (multiple vote shares)	11,474,617	5.69%	6.85%
Norfin S.p.A. (ordinary shares)	121,646	0.06%	0.02%
Federico De Nora (multiple vote shares)	6,619,560	3.28%	3.95%
Famiglia De Nora	107,563,350	53.33%	63.95%
Asset Company 10 S.r.l. (multiple vote shares)	43,539,334	21.59%	25.99%
Asset Company 10 S.r.l. (ordinary shares)	0	0.00%	0.00%
Asset Company 10 S.r.l.	43,539,334	21.59%	25.99%
Management (ordinary shares) ³	2,977,838	1.48%	0.59%
Other institutional and retail investors	47,604,652	23.60%	9.47%
TOTAL	201,685,174	100,00%	100,00%

^{3. As per the 2023 Report on the remuneration policy and the fees paid.}