Structure of shareholders

Structure of shareholders at 31 December 2021

As at 31 December 2021, AS Harju Elekter had 9,387 shareholders. During the reporting period, the number of shareholders increased by 4,303. The largest shareholder of AS Harju Elekter is the
locally owned AS Harju KEK, which holds 30.9% of the company’s share capital. The foreign equity stake is 13.7% (31 December 2020: 14.4%).

As at 31 December 2021, the members of the company’s Supervisory Board and Management Board held, directly and indirectly, a total of 13.30% of the company’s shares (Note 16). The full list of shareholders of AS Harju Elekter is available on the Nasdaq CSD website.