Hoist Finance AB (publ)

Shareholders of Hoist Finance AB (publ)

Hoist Finance AB (publ) has a single class of shares, each carrying one vote and equal rights to dividends, held through the Euroclear Sweden CSD system. The company published the following largest shareholders as at 31 December 2025 in its Annual and Sustainability Report 2025 (share of capital and votes; source stated as Modular Finance AB):

• Per Arwidsson and related parties – 22.88%
• Erik Selin – 21.53%
• Handelsbanken Fonder – 5.15%
• Svea Bank AB – 5.00%
• Carnegie Fonder – 3.68%
• Avanza Pension – 3.25%
• Jofam – 2.40%
• Dimensional Fund Advisors – 2.09%
• Nordnet Pensionsförsäkring – 1.41%
• Folketrygdfondet – 1.05%

The ten largest holders together represented 68.45% of capital and votes at 31 December 2025. The company reported 6,653 shareholders of record at that date, with approximately 19.7% of the shares registered to foreign accounts. A closely matching list at 27 November 2025, totalling 69.4% for the ten largest holders, appears in the supplement dated 8 December 2025 to the company’s Euro Medium Term Note offering circular, a prospectus document approved by the Central Bank of Ireland.

Ultimate beneficial ownership

No shareholder controls Hoist Finance AB (publ). The two largest holdings — Per Arwidsson with related parties at 22.88% and Erik Selin at 21.53% as at 31 December 2025 — each sit below the 25% threshold normally used to identify a beneficial owner by shareholding, and no holder is disclosed as controlling the company by other means. In its offering circular dated 19 June 2025 the company stated that it had no knowledge of any arrangements, including shareholders’ agreements, the operation of which may at a subsequent date result in a change of control. On that basis there is no ultimate beneficial owner by control, and the company is ultimately owned by a dispersed shareholder base with two large minority holders.

Swedish companies whose shares are admitted to trading on a regulated market are exempt from the beneficial-ownership registration duty in lagen (2017:631) om registrering av verkliga huvudmän, so no beneficial-owner entry for this company is filed with Bolagsverket.

Data availability

Sweden does not operate a public, live shareholder register for listed companies. Ownership is evidenced in three ways: the company’s own periodic shareholder list, published in the annual report and on its investor pages; flagging notifications, which a holder must make to Finansinspektionen and the company when a holding crosses the thresholds set out in lagen (2007:528) om värdepappersmarknaden (5, 10, 15, 20, 25, 30, 50, 66 2/3 and 90 per cent) and which are published in Finansinspektionen’s flagging register; and the share register maintained by Euroclear Sweden AB, which is not publicly browsable in real time. Percentages therefore refer to a stated date and can change without any public filing until a threshold is crossed.

The shareholder record held behind this page was not used. It listed only foreign fund positions — DFA International Small Cap Value Portfolio at 37.91%, DFA International Core Equity at 17.21% and three further small funds — which cannot be reconciled with the company’s published ownership; Dimensional Fund Advisors in aggregate held 2.09% of capital and votes at 31 December 2025, and a 37.91% holding by any party would have required a flagging notification that does not exist. Those figures are not reproduced as fact.

Directors and officers of Hoist Finance AB (publ)

The board of directors (Sw. styrelse) is elected annually by the Annual General Meeting for a term running until the close of the next AGM. The following directors were elected at the AGM held on 7 May 2026 and serve until the close of the 2027 AGM:

• Bengt Edholm – Chair of the Board (re-elected as a director and elected as new Chair on 7 May 2026)
• Camilla Philipson Watz – board member (re-elected)
• Christopher Rees – board member (re-elected)
• Rickard Westlund – board member (re-elected)
• Peter Zonabend – board member (re-elected)
• Viveka Strangert – board member (newly elected)

The same meeting appointed Ernst & Young as auditor until the close of the 2027 Annual General Meeting, with Daniel Eriksson as auditor in charge.

Executive management holds no board seat by virtue of these roles. The company reports the following executive management team:

• Harry Vranjes – Chief Executive Officer
• Magnus Söderlund – Chief Financial Officer
• Fabien Klecha – Chief Investment Officer
• Mihails Mihailovs – Chief Operating Officer
• Małgorzata Węgier – Chief Risk Officer
• Nathalie Svensk – Chief Compliance Officer
• Pontus Ericson – Chief Legal Officer
• Katarina Meyer – Chief People Officer
• Karin Tyche – Chief Investor Relations and Communications Officer
• Enok Hanssen – Regional Managing Director
• Makram Chebli – Managing Director France
• Andrea Giovanelli – Managing Director Italy
• Mateusz Poznański – Managing Director Poland
• Sarah Salmona – Managing Director Greece

Nationality is not disclosed for any of the above and is not inferred here.

Recent officer changes

• 7 May 2026 – Bengt Edholm elected new Chair of the Board at the Annual General Meeting.
• 7 May 2026 – Viveka Strangert newly elected to the board at the Annual General Meeting.
• 8 December 2025 – the prospectus supplement of that date records Nathalie Svensk as Chief Compliance Officer and Małgorzata Węgier as Chief Risk Officer, replacing the previous holders of those two executive roles.

Data availability

The officer record held behind this page was stale and was not used. It showed one person, Per Eric Skotthag, as an active officer and four others — Bo Staffan Lilleström Tjus, Bert Sture Lundgren, John Ragnar Dahlfors and Peter Christopher Saidac — as resigned, none with dates. None of those individuals appears on the board elected on 7 May 2026 or in the current executive management, and the entries carried no effective dates that could be relied on.

Bolagsverket records the registered board, managing director, special signatories and auditors of a Swedish company, and those filings are the primary evidence of who may bind the company; the register entry includes each individual’s personnummer, which is not published here. For a listed credit institution, the company’s own AGM bulletins and corporate governance reporting are the authoritative public statement of composition, and directors and senior managers are additionally subject to Finansinspektionen’s fitness and propriety assessment. Dates of birth and personal identity numbers are deliberately omitted from this page.

Group structure of Hoist Finance AB (publ)

Hoist Finance AB (publ) is the ultimate parent of the Hoist Finance group and the entity listed on Nasdaq Stockholm. Nothing sits above it: there is no holding company or controlling shareholder above the listed parent, and the company has stated that it knows of no arrangement that may result in a change of control. The table below reflects the group’s own legal-structure chart at 31 December 2025 and the subsidiary list in the prospectus supplement dated 8 December 2025.

Two points matter for a KYB reading of this structure. First, a German Niederlassung is a registered branch of the same legal person, Hoist Finance AB (publ). It has no separate share capital, no separate insolvency estate and no shareholder of its own; obligations incurred by the branch are obligations of the Swedish parent, and its supervision follows from the parent’s Swedish licence as passported into Germany. Any linkage extract that places a Niederlassung beneath the parent as if it were a subsidiary is describing a branch, not an owned company.

Second, the Italian SPV and ReoCo entities are funding and enforcement vehicles rather than trading businesses. An SPV (società veicolo) under the Italian securitisation law holds a purchased loan portfolio and issues notes against the cash flows from that portfolio; Hoist Finance has used such structures, including transactions designed to achieve significant risk transfer under Article 244 of the CRR, and consolidates the vehicles where it retains the risks and rewards. A ReoCo (real estate owned company) is the companion vehicle used in Italian secured portfolios: it may bid for and hold the real estate securing a defaulted loan at judicial auction, so the collateral can be realised in an orderly way rather than sold at a depressed auction price. Neither vehicle type indicates an unrelated third-party business.

Data availability

The linkage extract behind this page is partial. It showed Hoist Finance AB at the top with Marte SPV S.r.l., Nais Uno Reoco S.r.l., a German Niederlassung and a handful of other entities beneath it; that is a subset of the group as reported. The group’s own legal-structure chart in the Annual and Sustainability Report 2025 and the subsidiary table in the prospectus supplement of 8 December 2025 list roughly thirty direct and indirect subsidiaries and funds plus six branches, and the list changes as portfolios and securitisation vehicles are established or wound down. The table above should be read against the consolidated entity note in the latest annual report rather than as a closed list, and the German entry has been reclassified from subsidiary to branch.