Shareholders	Shares	% of shares	Monthly change	Monthly change %
1	Valmet Oyj	44,415,207	29.54	0	0.00
2	Cevian Capital Partners Ltd	16,351,141	10.88	N/A	N/A
3	Alfa Laval Ab (publ)	12,723,923	8.46	0	0.00
4	Ilmarinen Mutual Pension Insurance Company	4,499,733	2.99	0	0.00
5	Elo Mutual Pension Insurance Company	2,096,735	1.39	0	0.00
6	OP Funds	1,769,840	1.18	8,070	0.46
	OP-Finland	1,640,054	1.09	0	0.00
	OP-Finland Index Fund	129,786	0.09	8,070	6.63
7	The State Pension Fund	1,150,000	0.76	0	0.00
8	OP-Finland Small Cap	1,065,041	0.71	0	0.00
9	SEB Finland Small Cap Fund	960,000	0.64	0	0.00
10	Society of Swedish Literature in Finland	675,176	0.45	0	0.00
11	Sigrid Jusélius Foundation	662,465	0.44	0	0.00
12	Nordea Funds	603,440	0.40	6,150	1.03
	Nordea Finnish Passive Fund	191,593	0.13	6,150	3.32
	Nordea Pro Finland Fund	173,112	0.12	0	0.00
	Nordea Premium Varainhoito Maltti Fund	59,904	0.04	0	0.00
	Nordea Premium Varainhoito Tasapaino Fund	56,568	0.04	0	0.00
	Nordea Säästö 50	42,224	0.03	0	0.00
	Nordea Säästö 25 Fund	32,074	0.02	0	0.00
	Nordea Säästö 75	26,534	0.02	0	0.00
	Nordea Premium Varainhoito Kasvu Fund	21,431	0.01	0	0.00
13	Mandatum Life Insurance Company Ltd.	502,833	0.33	-500	-0.10
14	Heikintorppa Oy	500,000	0.33	-75,000	-13.04
15	Wipunen varainhallinta oy	500,000	0.33	-25,000	-4.76
16	Aktia Funds	470,000	0.31	0	0.00
	Aktia Capital Mutual Fund	400,000	0.27	0	0.00
	Aktia Secura Mutual Fund	70,000	0.05	0	0.00
17	Evli Finland Select Fund	438,000	0.29	218,000	99.09
18	The Finnish Social Insurance Institution	396,316	0.26	0	0.00
19	Säästöpankki Finland Mutual Fund	335,821	0.22	0	0.00
20	Samfundet Folkhälsan i Svenska Finland	320,985	0.21	0	0.00
21	SEB Finlandia Optimized Low Carbon	215,494	0.14	-20,685	-8.76
22	Schweizerische Nationalbank	215,410	0.14	0	0.00
23	Jenny and Antti Wihuri Foundation	204,409	0.14	0	0.00
24	Holding Manutas Oy	200,000	0.13	0	0.00
25	Oy Ingman Finance Ab	182,500	0.12	0	0.00
26	Folkhälsan i Svenska Finland rf Inez och Julius Polins Fond	177,565	0.12	0	0.00
27	Varma Mutual Pension Insurance Company	164,133	0.11	0	0.00
28	Neles Oyj	150,361	0.10	0	0.00
29	Vakuutusosakeyhtiö Henki-Fennia	145,969	0.10	-4,206	-2.80
30	LähiTapiola Mutual Life Insurance Company	130,301	0.09	0	0.00
31	Elite Alfred Berg Finland Focus Fund	130,219	0.09	0	0.00
32	Kaleva Mutual Insurance Company	130,000	0.09	0	0.00
33	Magnus Ehrnrooths Stiftelse Sr	112,300	0.07	0	0.00
34	Suka Invest Oy	104,000	0.07	0	0.00
35	Drumbo Oy	100,000	0.07	0	0.00
36	von Frenckell Mikael Christoffer	100,000	0.07	0	0.00
37	Snäll Clara Elisabeth	96,781	0.06	0	0.00
38	Valio Pension Fund	96,471	0.06	0	0.00
39	Finska Läkaresällskapet rf	89,600	0.06	0	0.00
40	Veritas Pension Insurance Company Ltd.	85,616	0.06	0	0.00
41	von Frenckell Asta Dagmar Maria	83,605	0.06	0	0.00
42	OP-Henkivakuutus Ltd.	82,220	0.05	770	0.95
43	Maa- ja vesitekniikan tuki r.y.	80,000	0.05	0	0.00
44	Seligson & Co Finland Index Fund	79,520	0.05	0	0.00
45	Svenska Blindskolföreningen R F	78,350	0.05	0	0.00
46	Liikesivistysrahaston Kannatusyhdistys R.Y.	78,000	0.05	0	0.00
47	Suka Oy	78,000	0.05	0	0.00
48	Sto-Rahoitus Oy	75,000	0.05	0	0.00
49	Yleisradio Pension Foundation	71,700	0.05	0	0.00
50	eQ Funds	71,310	0.05	0	0.00
	eQ Finland Investment Fund	71,310	0.05	0	0.00
51	von Frenckell Frans Wilhelm Christoffer	70,000	0.05	0	0.00
52	Signe and Ane Gyllenberg Foundation	64,625	0.04	0	0.00
53	Lääkintöneuvos G.R. Idman and ministeri K.G. Idman Foundation	60,877	0.04	0	0.00
54	Finlands Riddarhus	60,300	0.04	0	0.00
55	SEB Gyllenberg Finland Optimum Fund	60,000	0.04	0	0.00
56	Toivonen Juha Aarne Olavi	57,900	0.04	0	0.00
57	The Seamen´s Pension Fund	56,278	0.04	0	0.00
58	Alfred Kordelin Foundation	55,400	0.04	-2,000	-3.48
59	National Defence Support Foundation	52,000	0.03	0	0.00
60	Nordea Life Assurance Finland Ltd.	51,906	0.03	10,297	24.75
61	von Frenckell-Ramberg Christel	51,309	0.03	0	0.00
62	Folkhälsans Forskningsstiftelse - Kansanterveyden Tutkimussäätiö Sr	50,894	0.03	0	0.00
63	Kähkönen Veli Matti Kalevi	50,283	0.03	0	0.00
64	Barry Staines Linoleum Ltd.	50,000	0.03	0	0.00
65	Herlin Olli Ilkka Julius	50,000	0.03	0	0.00
66	Riikantorppa Oy	50,000	0.03	0	0.00
67	Gripenberg Jarl Estate	46,000	0.03	0	0.00
68	Federation of Finnish Industry and Employers	46,000	0.03	0	0.00
69	Alhopuro Eero Sakari	45,200	0.03	0	0.00
70	Sakari Alhopuron Säätiö Sr	43,950	0.03	0	0.00
71	Kommunalrådet C.G. Sundells Stiftelse	43,168	0.03	0	0.00
72	Foundation of William and Ester Otsakorpi	42,839	0.03	0	0.00
73	Markkola Leena	42,000	0.03	0	0.00
74	Helsingestiftelsen Sr	40,100	0.03	0	0.00
75	Björklund Felix	40,000	0.03	0	0.00
76	Calidris Oy	40,000	0.03	0	0.00
77	Otto A. Malms donationsfond	40,000	0.03	0	0.00
78	Centro-Data Oy	39,000	0.03	0	0.00
79	William Thuring's Foundation	37,103	0.02	0	0.00
80	Nylands Svenska Lantbrukssällskap Rf	36,708	0.02	0	0.00
81	Asipex Oy Ab	36,500	0.02	0	0.00
82	Päivikki and Sakari Sohlberg Foundation	35,000	0.02	0	0.00
83	Shamrock Ab	35,000	0.02	0	0.00
84	Oy Forsby Gård Ab	33,000	0.02	0	0.00
85	Tampereen Teknillisen Yliopiston Tukisäätiö Sr	32,920	0.02	0	0.00
86	Savander Anna Christina	32,575	0.02	0	0.00
87	Yrjö Jahnsson Foundation	31,932	0.02	0	0.00
88	Tampereen Lihajaloste Oy	31,762	0.02	0	0.00
89	Stiftelsen Tre Smeder Sr	31,700	0.02	0	0.00
90	Oy Q & A Consulting Ab	31,000	0.02	0	0.00
91	Sijoitusrahasto Evli Osakefaktori Eurooppa	30,924	0.02	0	0.00
92	Colagrossi Filho Joao Ney Prado	30,201	0.02	0	0.00
93	Nieminen Risto Kalevi	30,120	0.02	0	0.00
94	Olefin Ab	30,000	0.02	0	0.00
95	Oy Talcom Ab	30,000	0.02	0	0.00
96	Paavolainen Nina Minna Johanna	30,000	0.02	0	0.00
97	Pentti Heikki Oskari Estate	30,000	0.02	0	0.00
98	Stiftelsen Svenska Blindgården	30,000	0.02	0	0.00
99	Sundelin-Invest Ab	30,000	0.02	0	0.00
100	Pivosto Oy	29,925	0.02	0	0.00
	20 largest shareholders total	90,436,656	60.15
	Nominee registered	34,809,025	23.15
	Others	25,102,575	16.70
	Total	150,348,256	100

Date	Major shareholders
30 April
31 May
30 June
31 July
31 August
30 September
31 October
30 November
31 December

Date	Major shareholders
31 January
29 February
31 March
30 April
31 May
30 June
01 July
31 July
10 August
31 August
30 September
31 October
13 November
30 November
31 December

Date	Major shareholders
31 January
28 February
31 March
30 April
31 May
30 June
31 July
31 August