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 February 27th, 2026:

Carel shareholders	No. shares	% share capital	Voting rights	% voting rights
Luigi Rossi Luciani S.a.p.a.	38,207,378	33.96%	76,387,397	44.47%
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.**	7,396,517	6.57%	7,396,517	4.31%
Other Shareholders*	37,179,603	33.05%	37,179,603	21.64%
TOTAL:	112,499,205	100.00%	171,791,644	100.00%

* Including n. 6,355 treasury shares
**Shares deposited for the 2025 AGM
***Voting rights attached to shares: 4.24%; Potential shareholding: 0.76%.

Share capital Voting rights