IMPULSE FITNESS SOLUTIONS, S.A.

The most recent verifiable shareholder disclosure for IMPULSE FITNESS SOLUTIONS, S.A. is contained in the company’s own Euronext Access Paris admission Information Document, dated 15 July 2021, filed in support of the listing of its shares (ISIN ES0105590006, ticker MLIFS). As of that date, the company reported three shareholders: EUROUSA CAPITAL, S.L., holding approximately 75.24% of the share capital; ATLAS HOLDINGS EUROPE, S.L., holding approximately 14.98%; and the company’s own treasury shares (autocartera), representing approximately 9.67%. Share capital at that date was €3,565,813.87, divided into 8,697,107 ordinary shares of €0.41 nominal value each.

No ultimate beneficial owner has been separately identified in the available filings. ATLAS HOLDINGS EUROPE, S.L. is itself a corporate shareholder, registered in Madrid under tax number B-91.783.209, and no source traces its ownership through to a named natural person with a calculable effective percentage in IMPULSE FITNESS SOLUTIONS, S.A.

Third-party financial data providers report a different, more recent shareholder structure — naming Eurousa Capital SL (approximately 50%), Atlas Holdings Europe SL (approximately 15%), treasury shares (approximately 8%) and Sebastian Santos (approximately 6%) — which would be consistent with dilution from new share issuances since 2021. This later breakdown could not be independently verified against a primary regulatory filing, however, and is not treated as confirmed here.

Data availability: Historical / Partial. Euronext Access Paris, unlike a regulated market, does not impose the same ongoing major-shareholder notification requirements as apply to fully regulated issuers. The only shareholder disclosure independently verified against a primary source is the one filed at admission in July 2021, and it should not be assumed to reflect the company’s current ownership five years later.

On-file registry data sourced from the Colegio de Registradores / Registro Mercantil Central lists five of a reported seven officers of IMPULSE FITNESS SOLUTIONS, S.A., each shown with an active work status: Francisco Sanz Sánchez (CEO, Managing Director & Director), Sebastián Santos (COO & Co-founder), Estanislao Martínez Paz (Co-founder & President of the Board of Directors), Oswaldo Akat Noriega de Hoyos (Deputy COO & Operating Compliance Officer), and ATLAS HOLDINGS EUROPE, S.L., a corporate officer holding the position of Consejero (board member). The underlying registry data did not return the remaining two of the seven officers on record.

The company’s own Euronext Access Paris admission Information Document, dated 15 July 2021, independently confirms the board of directors as constituted on 15 February 2021: ATLAS HOLDINGS EUROPE, S.L. (registered in Madrid, tax number B-91.783.209) as President, represented by Mr. Estanislao Martínez; Mr. Esteban Hernández Hidalgo as a board member (Vocal); and Mr. Francisco Sanz Sánchez as Chief Executive Officer. Mr. Esteban Hernández Hidalgo does not appear among the five officer records currently on file, and is a plausible candidate for one of the two officers missing from that list.

ATLAS HOLDINGS EUROPE, S.L. should be treated strictly as a corporate officer, not a natural person; its own directors have not been researched as part of this record. Correspondence addresses shown for the individual officers are the company’s registered office at Juan Flórez 8, 1st Floor, A Coruña, and should not be read as personal or residential addresses. Nationality is not disclosed for any officer in the sources reviewed. This includes an officer identified in the admission document by a Spanish NIE (foreigner tax identification) number, which indicates non-Spanish-national tax status for administrative purposes only and must not be read as confirming any specific nationality or country of residence.

Data availability: Partial. The registry source lists two additional officers not detailed here, and no officer appointment or resignation dates are recorded in the on-file registry data; the one confirmed appointment date, 15 February 2021, comes from the 2021 admission document rather than the registry feed itself.

IMPULSE FITNESS SOLUTIONS, S.A.’s own Euronext Access Paris admission Information Document, dated 15 July 2021, identifies it as the Spanish parent company of a corporate group operating in Spain, the United States and Mexico. As of that document, the company held six direct, 100%-owned subsidiaries: Impulse Body Fitness, S.L. (Spain; manages the group’s Spanish corporate studios; incorporated 5 October 2018; Commercial Registry of Madrid, Volume 38497, Sheet 101, Page M-684679; VAT ESB88255849), Impulse Franchise Holdings, LLC (Florida, USA; incorporated 1 July 2019; Document L19000170722), Impulse MBU Fitness Corp (Florida, USA, C-Corporation; incorporated 28 November 2017; EIN 81-4624440), Impulse Florida Body Fitness, LLC (Florida, USA; incorporated 1 April 2016; EIN 82-0961925), Impulse Body Fitness, S.A. de C.V. (Mexico; Public Commercial Registry of Monterrey; incorporated 18 January 2018; RFC IBF180118JZ8), and Operadora Impulse GDM, S. de R.L. de C.V. (Mexico; Public Commercial Registry of Jalisco; incorporated 10 January 2018; RFC OIG180111PI1).

This verified group structure directly contradicts the company’s own on-file group-linkage data, which currently states that no parent, subsidiary or ownership linkage is available for this company. That on-file record should be treated as outdated or incomplete: the 2021 admission document is an official filing that expressly names IMPULSE FITNESS SOLUTIONS, S.A. as parent to six subsidiaries, not merely a case of shared branding or address.

A financial-data aggregator’s summary of the company’s FY2023 consolidated accounts refers to broadly the same set of consolidated entities, suggesting the group structure had not materially changed by the end of 2023, though this could not be independently confirmed against the primary filing text.

No corporate relationship has been identified between IMPULSE FITNESS SOLUTIONS, S.A. and other companies trading under similar “Impulse Fitness” branding internationally, such as the gym-equipment manufacturer marketed as Impulse Fitness (impulsehealthtech.com) or Germany’s IMPULS Fitness-Club GmbH & Co. KG. Shared branding alone is not evidence of a corporate link, and no filing places these entities within the same group.

Data availability: Historical. The most recent verified group structure dates to the company’s July 2021 listing document; no subsequent official filing confirming the current group structure was independently accessible.