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 based on voting rights notifications (as of November 10, 2026)
NORMA Group (Treasury Shares),  Maintal, Germany14.12%
Teleios Capital, Zug, Switzerland13.67%
Newtyn Management, LLC, New York, NY, USA7.07%1
Schroders PLC, London, United Kingdom6.54%
The Goldman Sachs Group, Inc., Wilmington, DE, USA 5.65%2
JPMorgan Chase & Co., Wilmington, Delaware, USA 5.36%3
Morgan Stanley, Wilmington, Delaware, USA 5.18%4
Amundi S.A., Paris, France4.50%1,5
Lazard Frères Gestion SAS, Paris, France4.28%1
Mirabaud Partners & Cie, Geneva, Switzerland3.41%
Solas Capital Management LLC, Wilmington, Delaware, USA 3.16%
Duke University, Durham, North Carolina, USA3.03%

1 Ownership percentage recalculated based on the most recent voting rights notification prior to the capital reduction. The reported absolute number of voting rights and, where applicable, instruments were recalculated based on the new total of 22,556,287 voting rights effective as of September 24, 2026, assuming unchanged holdings. The percentages shown do not represent newly notified ownership percentages.

2 Of which 0.70% are voting rights attached to shares and 4.94% through instruments.

3 Of which 4.98% are voting rights attached to shares and 0.38% through instruments.

4 Of which 0.60% are voting rights attached to shares and 4.58% through instruments.

5 Of which 4.14% are voting rights attached to shares and 0.36% through instruments.