Ownership structure

Data updated as of 31 December 2023

SHARE CAPITAL

At 31 December 2023 the share capital of Exor is composed by 233,992,536 ordinary shares and 124,717,163 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 18,022,847 ordinary shares in treasury (2.46% of ordinary issued share capital).

ORDINARY SHARES

 

Number of shares

Issued shares

233,992,536

(-) Treasury shares

18,022,847

Outstanding shares

215,969,689

VOTING RIGHTS

 

Number of shares

Number of voting rights (1)

Ordinary shares outstanding

215,969,689

215,969,689

Special Voting Shares A outstanding

122,957,177

491,828,708

Total 

 

707,798,397

MAJOR SHAREHOLDERS

ORDINARY SHARES(2)
Share capital (% on ordinary shares)


 

Shareholder

Ordinary shares

% shares

Giovanni Agnelli B.V.

122,957,146

52.55%

Baillie Gifford 10,881,385 4.65%
Harris Associates LP 9,028,828 3.86%
Vanguard Group 7,925,234 3.39%

Other shareholders

65,177,096

27,85%

Total outstanding shares

215,969,689

92.30%

Exor N.V. (treasury shares) 18,022,847 7.70%
Total issued shares 233,992,536 100%

VOTING RIGHTS

Shareholder

Voting rights

% voting rights (1)

Giovanni Agnelli B.V. (3)

614,785,730

86.9%

Other shareholders

93,012,667

13.1%

Total voting rights

707,798,397

100.0%

(1)
Number of voting rights or percentage of voting rights illustrated on the tables above may differ from the figure reported on the register of Exor N.V.’s issued capital, total votes and voting right percentages on the AFM (Dutch financial authority) website. This is because, pursuant to disclosure rules and obligations on voting rights by the Financial Supervision Act, the AFM notification should include treasury shares in the calculation of voting rights. The table above excludes treasury shares because they are not part of Exor N.V.’s outstanding share capital and do not carry voting rights.

(2)
Ordinary shares held by third party investors based on latest data reported on the AFM (Dutch financial authority) website

(3)
On 13 December 2021, 124,717,132 Special Voting Shares A were issued and subsequently reduced by 1,759,986 Special Voting Shares A with Giovanni Agnelli B.V.'s participation in Exor’s Tender offer. At 31 December 2023 Giovanni Agnelli B.V. holds 86.86% voting rights based on outstanding capital (83.89% based on issued capital).