Ownership structure

SHARE CAPITAL

At 31 December 2025, the share capital of Exor is composed by 207,779,752 ordinary shares and 117,997,914 Special Voting Shares A, with a nominal value of €0.01 per share and €0.04 per share respectively. At the same date, Exor holds in treasury 5,547,794 ordinary shares (2.67% of ordinary issued share capital) and 552,298 Special Voting Shares.

ORDINARY SHARES

 

Number of shares

Issued shares

207,779,752

(-) Treasury shares

5,547,794

Outstanding shares

202,231,958

VOTING RIGHTS

 

Number of shares

Number of voting rights

Ordinary shares outstanding

202,231,958

202,231,958

Special Voting Shares A outstanding

117,445,616

469,782,464

Total 

 

672,014,442

SUBSTANTIAL SHAREHOLDERS

The Company’s issued capital and voting rights are notified to the Dutch Authority for the Financial Markets (AFM) from time to time. This reporting can be found in the “Register issued capital” at www.afm.nl. Shareholders holding 3% or more of the issued capital and/or voting rights of a listed company must report this to the AFM as soon as the threshold is reached or exceeded.

This reporting can be found in the “Register of substantial holdings and gross short positions” at www.afm.nl. Based on the filings to the AFM, and to the best of Exor's knowledge, on 31 December 2025 the shareholders with (potential) holdings of 3% or more were Baillie Gifford & Co. and Giovanni Agnelli B.V.

At 31 December 2025, Giovanni Agnelli B.V. was the largest shareholder of the company, holding 114,163,063 ordinary shares and 114,161,912 special voting shares A, representing 54.94% of the economic rights and 83.97%% of the voting rights based on the Company's issued share capital. Giovanni Agnelli B.V. is a Dutch private company with limited liability and the shares of which are held by the descendants of Giovanni Agnelli, founder of Fiat. The main business objective is to preserve unity and continuity of its controlling equity interest in Exor.