SHAREHOLDER‘S STRUCTURE in % CHANGES IN SHAREHOLDER STRUCTURE The number of investors rose considerably in 2015: Deutsche EuroShop now has around 11,175 shareholders (as at 20 April 2016, previous year: 9,750, +15%). At the same time, the structural breakdown has changed somewhat: the proportion of shares held by institutional investors remains virtually unchanged at around 55.5% (previous year: 55.6%) of shares, with private investors holding 19.5%, just five per- centage points short of the previous year's figure (24.3%). Alexander Otto holds a 17.4% stake in Deutsche EuroShop AG. Johannes Schorr (3.4%) is another investor we were able to bring on board with a stake of over three percent. According to the information available to us, BlackRock currently holds some 4.2% of shares. 4.2 BlackRock 55.5 Institutional investors 3.4 Johannes Schorr Private investors 19.5 Alexander Otto 17.4 INVESTOR RELATIONS 92 Deutsche EuroShop AG Annual Report 2015