Shareholder Structure

The holding company of the Group is Kernel Holding S.A. (Luxembourg), whose issued capital consists of 81,941,230 ordinary shares without indication of a nominal value, providing 81,941,230 voting rights. As of 9 June 2017, the Company had three significant shareholders, with shares exceeding 5% of share capital:

# of shares Share owned
Namsen LTD 31,245,878 38.13%
TFI PZU SA** 8,151,113 9.95%
4,200,000 5.13%

* As per AGM attendance list as of 12 December 2016.

** As per notification received on 23 January 2017

The Company's shares are listed on the main market of Warsaw Stock Exchange under ticker KER since November 2007.