2. Group Structure and Shareholders
2.1. Group structure
The registered address of Clariant Ltd is Rothausstrasse 61, 4132 Muttenz, Switzerland. The company’s business operations are conducted through Clariant Group companies. Clariant Ltd, a holding company organized under Swiss law, directly or indirectly owns all Clariant Group companies worldwide. These companies’ shares are not publicly traded.
[Note: Clariant Chemicals (India) Ltd was sold as part of the divestment of Clariant’s pigment business, the Business Unit PigmentsPigmentsPigments are substances used for coloring; they are used in a technical manner, for example in the manufacture of dyes, varnishes, and plastics. In 2020, Clariant launched the divestment process of its Pigments business, which was completed on 3 January 2022.View entire glossary , on 3 January 2022. Clariant Chemicals (India) Ltd, in which Clariant owned 51 %, was a publicly traded company based in Airoli, Navi Mumbai, India, and listed on the Bombay Stock Exchange (»BSE«) and the National Stock Exchange (»NSE«) in India.]
The important subsidiaries of Clariant Ltd are listed in note 36 of the Notes to the consolidated financial statements of the Clariant Group in the Financial Report 2022.
The Group conducts its business through five business units: Additives, Catalysts, Functional Minerals, Industrial & Consumer Specialties, and Oil and Mining Services. It reports its continuing operations in the following three business areas: Care Chemicals, Catalysis, and Natural Resources (i.e., Functional Minerals, Oil and Mining Services, and Additives). The Business Unit PigmentsPigmentsPigments are substances used for coloring; they are used in a technical manner, for example in the manufacture of dyes, varnishes, and plastics. In 2020, Clariant launched the divestment process of its Pigments business, which was completed on 3 January 2022.View entire glossary was divested on 3 January 2022.
[Note: As of 1 January 2023, the Group conducts its business through three newly formed business units: The new Business Unit »Care Chemicals« (consisting of the two former Business Units Industrial & Consumer Specialties and Oil and Mining Services), the new Business Unit »Catalysts« (consisting of the former Business Unit Catalysts), and the new Business Unit »AdsorbentsAdsorbentsUsually solid substances which are able to selectively accumulate certain substances from adjacent gaseous or liquid phases.View entire glossary & Additives« (consisting of the two former Business Units Additives and Functional Minerals).]
2.2. Significant shareholdings of 3 % or more of total share capital
Based on the notifications received by Clariant and published by SIX Exchange Regulation, as of 31 December 2022, the following shareholders held 3 % or more of voting rights in Clariant Ltd:
| Shareholders | Voting rights | |
|---|---|---|
| SABIC International Holdings B.V., Sittard, The Netherlands, controlled by the Public Investment Fund of Saudi Arabia (PIF), Riyadh, Kingdom of Saudi Arabia | 31.50 % 1 | |
| BlackRock Inc., New York, United States | 3.8 % | |
| Blue Beteiligungsgesellschaft mbH, Am Holzmaierfeld, 82064 Strasslach-Dingharting, Germany, and Maple Beteiligungsgesellschaft mbH, 82057 Icking, Germany 2 | 3.49 % | |
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1 SABIC acquired 24.99 % of the shares of Clariant Ltd on 17 September 2018 and increased its participation by 6.51 % to 31.5 % on 9 September 2020. SABIC has not changed its participation of 31.5 % since then. The difference between this figure (i.e., 31.5 %) and the 32.35 % stated for 2021 corresponded to the amount of treasury shares held by Clariant Ltd as of 31 December 2021, which had to be aggregated to the shares held by SABIC solely for regulatory disclosure purposes due to the Governance Agreement entered into by SABIC and Clariant on 17 September 2018. Said Governance Agreement expired at the Annual General Meeting dated 24 June 2022 and consequently the treasury shares of Clariant Ltd have not to be aggregated to the shares held by SABIC any longer.
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2 According to a disclosure notification published on 18 December 2018, a group consisting of Konstantin Winterstein, 80333 Munich, Germany, and Elisabeth Prinzessin zu Sayn-Wittgenstein, 80333 Munich, Germany, was formed.
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Disclosure notifications during the 2022 financial year reported to the Stock Exchange Disclosure Office pursuant to Article 120 of the Financial Markets Infrastructure Act (FMIA) as well as further information in relation to disclosure notifications can be found on the SIX Swiss Exchange reporting platform:
www.six-exchange-regulation.com/en/home/publications/significant-shareholders.html
As of 31 December 2022, Clariant Ltd itself held shares in treasury, corresponding to 0.88 % of the share capital.