Ir Carel - Shareholders' Structure

Shareholders' Structure

As follows the structure of the shareholding of Carel Industries S.p.A. with evidence of Shareholders with voting rights exceeding the 3% threshold of total voting rights, as at September 15th, 2025:

Carel shareholders	No. shares	% share capital	Voting rights	% voting rights
Luigi Rossi Luciani S.a.p.a.	38,206,863	33.96%	76,386,882	44.46%
Athena FH S.p.A.	21,133,420	18.79%	42,245,840	24.59%
Capital Research and Management Company	8,582,287	7.63%	8,582,287	5,00%
7 Industries Holding B.V.	7,377,583	6.56%	7,377,583	4.29%
Other Shareholders*	37,199,052	33.07%	37,199,052	21.65%
TOTAL:	112,499,205	100.00%	171,791,644	100.00%

* Including n. 6,355 treasury shares

Share capital Voting rights