Shareholder Structure

Since 2013, the shares of NORMA Group have been 100% in circulation. Thanks to our active investor relations work, NORMA Group shares have since gained international recognition. As a result, awareness of the company among international investors has also risen continuously, so that the shareholder base has been broadly diversified on a regional basis.

From February 27 to March 27, 2026, the Company carried out a share buyback. The total of 3,185,471 shares repurchased under the public share buyback offer represents approximately 10% of all NORMA Group SE shares.

The Management Board of NORMA Group holds less than 1%.

Shareholder structure according to voting rights notifications (as of April 29, 2026)
Teleios Capital, Zug, Switzerland17.15%
NORMA Group, Germany9.99%
JPMorgan Chase & Co., Wilmington, Delaware, USA5.31%4
Newtyn Management, LLC, New York, NY, USA5.01%
SPICE TWO Investment Coöperatief U.A., Amsterdam, Netherlands5.00%
The Goldman Sachs Group, Inc., Wilmington, DE, USA4.77%3
Amundi SA, Paris France13.18%2
Schroders PLC, London, United Kingdom3.10%
Lazard Frères Gestion SAS, Paris, France3.03%
Mirabaud Partners & Cie, Geneva, Switzerland3.03%
KBI Global Investors Ltd., Dublin, Ireland13.01%

1   Amundi SA is the controlling company in the chain of subsidiaries.
2  Of this, 2.93% are voting rights attached to shares, 0.25% are voting rights through instruments.
3  Of this, 0.78% are voting rights attached to shares, 3.99% are voting rights through instruments.
4  Of this, 3.37% are voting rights attached to shares, 1.947% are voting rights through instruments.