Significant shareholders

As at December 31, 2018, 1'777 shareholders were registered in the share register and held numbers of shares as follows:

More than 1'000'000 shares	2 shareholders
From 100'001 to 1'000'000 shares	5 shareholders
From 15'001 to 100'000 shares	48 shareholders
From 1 to 15'000 shares	1'722 shareholders

As at December 31, 2018, 2'022'379 shares, representing 10.17% of the total number of shares issued, were not registered in the share register (not assigned).

Significant shareholders registered in the share register (i. e., representing 5% or more of the company’s voting rights) are the following:

Shareholders		31.12.2018		31.12.2017
	No. of shares	%	No. of shares	%
Walter Fust	9'570'659	48.15	9'145'516	46.01
Michel Rollier / Rollomatic Holding SA	2'853'733	14.36	2'853'733	14.36

Number of shares known by the company or according to the latest declaration made to SIX Swiss Exchange Ltd. The percentages are based on the real number of shares at balance sheet date.

According with the article 20 of the Federal Law on Stock Exchange and Security Trading, there were no notification published in 2018 and 2017.

Detailed information regarding above-mentioned or earlier publications can be found on the SIX Swiss Exchange website: https://www.six-exchange-regulation.com/en/home/publications/significant-shareholders.html?com-panyId=TORNOS

Tornos Holding SA is unaware of any shareholders’ pact.