ARYZTA’s capital is composed of registered shares only. Each share entered in the share register with voting rights entitles the holder to one vote at the general meeting and all shares have equal dividend rights.

As part of the establishment of ARYZTA, former holders of IAWS Group plc shares and options received ARYZTA registered shares, delivered initially in the form of Capita Depository Interests and since replaced by CREST Depository Interests (CDIs).

As CDI holders are not the legal owners of the shares represented by CDIs, they are not in a position to directly enforce or exercise rights like a shareholder. Investors who wish to be in a position to directly enforce or exercise their rights must have their interests entered in the share register in accordance with Article 7 of the Articles of Association and effectively hold their shares through a member of the Swiss SIS Settlement System.