Shareholders

SSAB’s shares have been listed on the Stockholm Stock Exchange since 1989. A trading unit consists of 100 shares. SSAB’s share capital consists of Class A and Class B shares, with Class A shares carrying one vote and Class B shares carrying one-tenth of one vote. Both classes of shares carry the same rights to participate in the Company’s assets and profits.

On December 31, 2007, there were 48,668 shareholders. In terms of votes, Industrivärden was the largest shareholder, followed by Swedbank Robur and LKAB. Shareholders with 1,000 shares or fewer constituted 62 (58)% of the shareholders, while the ten largest institutional owners together owned just over 38 (33)% of the share capital. The percentage of foreign shareholders was 31 (34)%. For further information regarding the ownership structure, see page 39 of the Annual Report for 2007.