SHAREHOLDER‘S STRUCTURE REGIONAL in % In a shareholder identification process, we have analysed the interna- tional distribution of our shares. While German investors hold around 59% (previous year: 64%) of shares in Deutsche EuroShop and hence constitute a clear majority, the shareholder structure as a whole is dominated by Europeans, headed up by British, Dutch and French investors who together hold just about a quarter of the shares in DES. US investors hold around 8% of them. 59.0 Germany 1.0 Other 2.0 Norway 2.0 Belgium United Kingdom 9.0 USA 8.0 Netherlands 8.0 France 7.0 Switzerland 4.0 INVESTOR RELATIONS 93