Our share register showed some 48,000 shareholders at the end of the year, another increase in the number of shareholders year-on-year (41,000). The largest shareholders as at year-end were Talanx AG with 50.2% and the asset manager BlackRock, Inc. with a reported 3.05% of the voting rights. Of the remaining shares outstanding, by far the bulk – at 35.5% – were held by other institutional investors such as banks, insurers and investment companies (previous year in total: 38.5%); private investors held 11.2% (8.2%). Our shareholders include investors who pay particularly close attention to sustainability criteria.