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5 Shareholdings

The shares held by members of the Board of Directors and the Group Executive Board of BKW and their related parties as of 31 December 2020 and 2019 can be found in the Notes to the Financial Statements on page 110.

As at 31 December 2020, the company’s burn rate was 0.246 %. This is defined as the number of shares allocated in 2020 divided by the total number of shares outstanding. 129,750 shares were allocated in 2020.

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