BAM closely monitors the development in its shareholder base by following public market information and a yearly shareholder identification report. Under the Dutch Financial Supervision Act, shareholders must disclose to the Dutch Authority for the Financial Markets (AFM) when they hold 3 per cent or more of shares and when they transfer to a different threshold level. At the end of 2020 no shareholders disclosed a position surpassing 3 per cent in BAM’s share capital. The Company holds 6,111,432 (2 per cent) treasury shares, of which 2,800,000 shares for the long-term incentive plan of management.

Geographical distribution shareholders as at 31 December 2018