TOP 10 SHAREHOLDERS

Shareholders 31 December 2020	Number of shares	Percentage
Mellby Gård Investerings AB	14,094,500	29.99%
Polaris Capital Management, LLC	4,803,450	10.22%
Carnegie fonder	4,000,000	8.51%
Lannebo fonder	3,556,294	7.57%
VERDIPAPIRFONDEN ODIN SVERIGE	3,096,246	6.59%
FJÄRDE AP-FONDEN	2,237,896	4.76%
State Street Bank & Trust Co, W9	2,028,815	4.32%
BROWN BROTHERS HARRIMAN & CO., W9	1,973,535	4.20%
BNY MELLON NA (FORMER MELLON), W9	1,428,748	3.04%
Handelsbanken Fonder	1,245,656	2.65%
	46,999,032

SHAREHOLDER DISTRIBUTION

Shareholder	Number of shares	Percentage
Sweden	33,749,800	72%
USA	6,544,159	14%
Other countries	6,705,073	14%

analysts

SEB

Gustav Hageus

+46 771 621 000

gustav.sandstrom@seb.se

Handelsbanken Capital Markets

Karri Rinta

+46 8 701 3636

kari05@handelsbanken.se

Financial targets

During 2019, Duni Group carried out a series of activities that have contributed to growth, both organically and through acquisitions.

Read Annual Report 2019

Sales growth 5%

Duni Group’s target is to achieve average organic growth in sales in excess of 5% per year over a business cycle. In addition, Duni Group may consider acquisitions in order to access new growth markets or strengthen its position on existing markets

OPERATING MARGIN, 10%

Duni Group’s target is an operating margin of 10% or more. Profitability is to be increased through sales growth, continued focus on premium products, and continued improvements within purchasing and production.