TOP 10 SHAREHOLDERS

Shareholders 30 September 2020	Number of shares	Percentage
Mellby Gård Investerings AB	14,094,500	29.99%
Polaris Capital Management LLC	4,662,324	9.92%
Carnegie fonder	4,150,000	8.83%
Lannebo fonder	4,046,253	8.61%
VERDIPAPIRFONDEN ODIN SVERIGE	3,096,246	6.59%
FJÄRDE AP-FONDEN	2,237,896	4.76%
State Street Bank & Trust Co, W9	2,012,988	4.28%
Brown Brothers Harriman & Co, W9	1,946,110	4.14%
BNY MELLON NA (FORMER MELLON), W9	1,316,714	2.80%
Handelsbanken Fonder	1,158,303	2.46%
	46,999,032

SHAREHOLDER DISTRIBUTION

Shareholder	Number of shares	Percentage
Sweden	34,303,665	73%
USA	6,873,184	15%
Other countries	5,822,183	12%

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 Groumay 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.