Share Capital Structure

Substantial Shareholdings
Holder Notified Holding Percentage Of Current Ordinary Shares In Issue
Lansdowne Partners International Ltd 72,023,160 9.61%
Fidelity Investments Limited 70,972,927 9.47%
Bank Of Montreal 61,539,992 8.21%
Fidelity Management & Research Company 56,759,581 7.57%
The Capital Group Companies, Inc. 50,799,200 6.77%
Mr. Alan & Mrs. Deirdre McIntosh* 40,141,464 5.36%
T. Rowe Price Associates, Inc 38,746,572 5.17%
PM Capital Limited 22,847,283 3.05%
Norges Bank 22,446,031 3.00%
Mr. Michael Stanley 21,557,409 2.88%

Last updated as of 03 August 2021

* Alan McIntosh (Non-Executive Director of Cairn), his spouse Deirdre McIntosh and Emerald Everleigh Limited Partnership (the “LP”), are the beneficial owners of the interests described above. 500,000 shares are owned by Alan McIntosh directly, 32,897,957 shares are owned by Deirdre McIntosh directly and 6,743,507 shares are owned by the LP. The LP is ultimately owned by a discretionary trust (constituted under English and Welsh law) and Alan McIntosh and Deirdre McIntosh are the beneficiaries of that trust.