Shareholder Structure

Shareholder Structure of Deutsche Börse AG*

	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Retail investors	10%	9%	9%	8%	8%	7%	4%	6%	7%	6%
Institutional investors	90%	91%	91%	92%	92%	93%	96%	94%	93%	94%

_{* As of December 31}

Geographical Shareholder Structure of Deutsche Börse AG*

	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Germany	20%	20%	20%	18%	20%	20%	19%	20%	18%	17%
United Kingdom	24%	26%	26%	24%	26%	25%	24%	26%	26%	29%
North America	35%	34%	34%	36%	31%	36%	34%	33%	34%	30%
Other countries	21%	20%	20%	22%	23%	19%	23%	21%	22%	24%

_{* As of December 31}

Further information regarding Deutsche Börse AG’s current shareholder structure is available in a database of the Federal Financial Supervisory Authority (BaFin).

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