Conversion of shares
According to Beijer Ref AB’s Articles of Association, the owner of a Class A share has the right to request that the share should be converted into Class B share. At the request of shareholders, 360 000 Class A shares have been converted into 360 000 Class B shares. Through the reclassification, the total number of votes in the company decreases. After the conversion, the total number of shares and votes in Beijer Ref amounts to 382 304 070 shares and 633 909 510 votes, respectively. 27 956 160 of these shares are A shares, representing 279 561 600 votes, and 354 347 910 are B shares,