Corporate Structure

Shareholders Class A Shares Class B Shares Total Shares (%) Total Shares Voting Power
As of 04/28/2025 As of 04/28/2025 As of 04/28/2025 As of 04/28/2025 As of 04/28/2025 As of 04/28/2025
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 3,334,014 - 3,334,014 3.6% 0.7%
Officers 361,289 - 361,289 0.4% 0.1%
Free Float 19,534,375 - 19,534,375 20.8% 4.0%
Total 49,920,068 43,802,763 93,722,831 100% 100%

*Treasury shares were considered to calculate the percentage of total shares and voting power