The share capital of Head NV can be analysed as follows:
(1) Head Sports Holdings NV and its affiliates (including ECJ Foundation), directly and indirectly control in aggregate 61,089,243 shares in Head NV. Head Sports Holdings NV and its shareholders are controlled by Mr. Johan Eliasch, the Company's Chairman and CEO, and his family members.
(2) Other shares listed in Vienna and held as depository receipts by the Bank of New York.
(3) Head NV holds 23,261,484 shares in treasury.
(4) The Stichting is a Dutch foundation affiliated with Head NV. The shares are held in treasury.