| Shareholders | Class A Shares | Class B Shares | Total Shares | (%) Total Shares | Voting Power |
| As of 12/31/2025 | As of 12/31/2025 | As of 12/31/2025 | As of 12/31/2025 | As of 12/31/2025 | |
| Bertelsmann SE & Co. KGaA | 26,576,579 | 34,074,134 | 60,650,713 | 64.7% | 75.3% |
| Esteves Family | 113,811 | 9,728,629 | 9,842,440 | 10.5% | 20.0% |
| Treasury | 3,855,150 | - | 3,855,150 | 4.1% | 0.8% |
| Officers | 361,289 | - | 361,289 | 0.4% | 0.1% |
| Free Float | 19,013,239 | - | 19,013,239 | 20.3% | 3.9% |
| Total | 49,920,068 | 43,802,763 | 93,722,831 | 100% | 100% |
*The information presented is based on public filings made with the U.S. Securities and Exchange Commission (SEC).
**Treasury shares were considered to calculate the percentage of total shares and voting power.