Shareholder Structure and Major Shareholders
The table below provides an overview of Multitude AG shareholder structure, including all shareholders with at least three percent (3%) ownership. Figures reflect the latest notifications of changes in major holdings. Voting rights announcements are available at: https://www.multitude.com/news/newsroom/voting-rights
Largest Shareholder
Jorma Jokela, Founder of Multitude Group, is the company’s largest shareholder with a total of 12,033,343 shares (55.39%). His holding consists of 5,773,139 shares (26.58%) through Jokela Capital OÜ, 6,058,735 shares (27.89%) through JT Capital Limited, and 201,469 shares (0.93%) held directly.
Shareholder Structure
| Shareholder |
Shares |
% of shares |
| Jokela, Jorma |
12,033,343 |
55.39% |
| Total Free Float* |
9,378,797 |
43.17% |
| - Board and Leadership Team Members** |
1,014,641 |
4.67% |
| - Lemanik Holding S.A. |
1,129,000 |
5.20% |
| - Other Shareholders |
7,235,156 |
33.31% |
| Multitude AG*** |
311,820 |
1.44% |
| Total |
21,723,960 |
100.00% |
*Total free float excludes shares held by Jorma Jokela and treasury shares held by Multitude AG.
** Excluding Jorma Jokela
***Treasury shares held by Multitude AG (no voting right and no dividend payment on treasury shares).
Last update: 23 September 2025
Board of Directors Shareholdings
| Name |
Position |
Shares |
% of shares |
| Jokela, Jorma |
Member |
12,033,343 |
55.39% |
| Liigus, Lea |
Member |
255,314 |
1.18% |
| Tiukkanen, Ari |
Chairman |
19,971 |
0.09% |
| Khüny, Marion |
Member |
- |
0.00% |
| Ståhlberg, Mika |
Member |
- |
0.00% |
| Total |
|
12,308,628 |
56.66% |
Last update: 23 September 2025
Leadership Team Shareholdings
| Name |
Position |
Shares |
% of shares |
| Liigus, Lea |
Chief Legal and Compliance Officer |
255,314 |
1.18% |
| Egger, Bernd |
Chief Financial Officer |
145,931 |
0.67% |
| Kajakas, Kristjan |
Tribe CEO – Consumer Banking |
133,248 |
0.61% |
| Kumpulainen, Antti |
Chief Executive Officer |
118,425 |
0.55% |
| Nydegger, Alain |
Tribe CEO – Wholesale Banking |
100,050 |
0.46% |
| Štareika, Mantvydas |
Tribe CEO – SME Banking |
94,751 |
0.44% |
| Vella, Shaun |
Chief HR Officer |
66,298 |
0.31% |
| Hansson Tönning, Adam |
Head of Investor Relations and Treasury |
19,622 |
0.09% |
| Kabele, Kornel |
Chief Technology Officer |
61,031 |
0.28% |
| Jezierski, Adam |
Chief Credit Officer |
0 |
0.00% |
| Total |
|
994,670 |
4.58% |
Last update: 23 September 2025
Kindly note that all the data provided above are regularly reviewed and updated to the best of our knowledge.