Corporate Structure

Shareholders Class A Shares Class B Shares Total Shares (%) Total Shares Voting Power
As of 01/07/2026 As of 01/07/2026 As of 01/07/2026 As of 01/07/2026 As of 01/07/2026
Bertelsmann SE&Co. KGaA 27,001,946 34,074,134 61,076,080 65.2% 83.4%
Esteves Family 5,335,295 4,500,000 9,835,295 10.5% 11.4%
Treasury 4,435,092 - 4,435,092 4.7% 1.0%
Officers 679,555 - 679,555 0.7% 0.2%
Free Float 17,696,809 - 17,696,809 18.9% 4.0%
Total 55,148,697 38,574,134 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.