OWNERS

GreenGold timberland ownership

GreenGold Group AB (G3X) has a broad, mainly European, ownership base with >100 owners from > 10 countries, including Iceland, UK and US. The largest G3X owners are the Management Team and the Board of Directors. The largest single owner in G3X is GreenGold Team AB (with 13.4% of the capital and 60.8% of the votes), which is fully owned by the Management Team of G3X, i.e. 30 operational managers of G3X across Europe. GreenGold Team AB is subsidiary of GreenGold Capital AB, which is 100% owned by Sorin Chiorescu, GreenGold’s CEO & Founder.