
Shareholder Structure as per
December 31, 2025
| Institutional Investors | 75.6% |
| USA | 27.3% |
| U.K. | 22.4% |
| Germany | 9.2% |
| France | 8.7% |
| Switzerland | 2.0% |
| Scandinavia | 1.8% |
| Other | 4.2% |
| Undisclosed1 | 22.6% |
| Treasury shares2 | 1.8% |
Amount of outstanding shares as of December 31, 2025: 37,606,372.
1 Contains e.g. retail investors
2 Bilfinger Treasury shares as per December 31, 2025: 666,649
Shareholders that have presently exceeded threshold values in accordance with ยงยง 33, 34 of the Securities Trading Act (WpHG):
ENA Investment Capital (Disclosure November 2020: 12.00%), JP Morgan (Disclosure September 2025: 4.87%), Morgan Stanley (Disclosure February 2026: 5.88%), BlackRock (Disclosure July 2025, 4.05%), Wellington Management (Disclosure November 2025: 3.01%).


