Berling Group’s key minority holdings

Aspo Plc

Aspo is a conglomerate, which owns four sub-Groups. ESL Shipping is a shipping company that handles marine raw material transport, which has a significant role in securing Finland’s maintenance and supply security. The shipping company has 15 vessels with a combined total capacity of about 200,000 DV tonnes. Leipurin serves the baking and food industry by supplying ingredients, machinery, equipment and production lines as well as related expertise. Telko is an import and delivery company of industrial chemicals and plastic raw materials. The fourth is Kaukomarkkinat, which specialises in products and services that improve energy efficiency.

The net sales of the entire Aspo Group are about EUR 500 million and it has over 700 employees. Berling Capital is one of the largest shareholders of the company with its holding of slightly under three per cent.

Taaleritehdas

Taaleritehdas is a private bank with managed assets of about EUR 2 billion and nearly 100 employees.

Berling Capital is a founding shareholders of Taaleritehdas and one of the three largest shareholders with a 10% holding.

eQ Group

eQ Group is a capital investment company quoted on the OMX Helsinki Exchange specialised in the management of private equity funds. In addition, the company engages in private banking operations. The company has about 80 employees and ca. EUR 3.5 billion of managed funds.

Berling Capital Ltd is one of eQ's largest shareholders with its shareholding of over 10%.