Based on our shareholder analysis1 (December 31, 2012), the number of American shareholders continued to fall. The level of US-held shares dropped from 22 percent in December 2011 to 19 percent in December 2012. The strongest increase in WACKER shareholders was recorded in the Netherlands. Their share of the free float increased to 12 percent during 2012 (2011: 2 percent). Share ownership in Germany rose, accounting for 24 percent (2011: 22 percent). Conversely, the holdings of UK shareholders more than halved, to 11 percent (2011: 25 percent). Share ownership in Canada increased from 4 percent to 12 percent, while European investors (excluding Germany, the Netherlands and the UK) accounted for a rise of almost 1 percent to 20 percent.
1 Shareholder structure analysis based on the free float of 28.75% (= 100%)