Changes to the Nasdaq Nordic Market Cap Segments

Effective from January 2, 2026 the following companies will change segment at Nasdaq Nordic.

Exchange	Orderbook Code	Name	ISIN	Issuer Sign	Issuer Name	Current Segment	New Segment
XSTO	CLAS B	Clas Ohlson AB ser. B	SE0000584948	CLAS	Clas Ohlson AB	Mid Cap	Large Cap
XSTO	SHOT	Scandic Hotels Group AB	SE0007640156	SHOT	Scandic Hotels Group AB	Mid Cap	Large Cap
XSTO	BUFAB	Bufab AB	SE0025010671	BUFAB	Bufab AB	Mid Cap	Large Cap
XSTO	BEIA B	Beijer Alma AB ser. B	SE0011090547	BEIA	Beijer Alma AB	Mid Cap	Large Cap
XSTO	AQ	AQ Group AB	SE0022062196	AQ	AQ Group AB	Mid Cap	Large Cap
XSTO	ALIG	Alimak Group AB	SE0007158910	ALIG	Alimak Group AB	Mid Cap	Large Cap
XSTO	SKIS B	SkiStar AB ser. B	SE0012141687	SKIS	SkiStar AB	Mid Cap	Large Cap
XSTO	IVSO	INVISIO AB	SE0001200015	IVSO	INVISIO AB	Mid Cap	Large Cap
XSTO	NCAB	NCAB Group AB	SE0017160773	NCAB	NCAB Group AB	Large Cap	Mid Cap
XSTO	BETCO	Better Collective A/S	DK0060952240	BETCO	Better Collective A/S	Large Cap	Mid Cap
XSTO	OVZON	Ovzon AB	SE0010948711	OVZON	Ovzon AB	Small Cap	Mid Cap
XSTO	KARNEL B	Karnell Group AB ser. B	SE0017832173	KARNEL	Karnell Group AB	Small Cap	Mid Cap
XSTO	SVED B	Svedbergs Group AB ser. B	SE0000407991	SVED	Svedbergs Group AB	Small Cap	Mid Cap
XSTO	VICO	Vicore Pharma Holding AB	SE0007577895	VICO	Vicore Pharma Holding AB	Small Cap	Mid Cap
XSTO	NELLY	Nelly Group AB	SE0015245535	NELLY	Nelly Group AB	Small Cap	Mid Cap
XSTO	EGTX	Egetis Therapeutics AB	SE0003815604	EGTX	Egetis Therapeutics AB	Small Cap	Mid Cap
XSTO	SEDANA	Sedana Medical AB	SE0015988373	SEDANA	Sedana Medical AB	Mid Cap	Small Cap
XSTO	EOLU B	Eolus Aktiebolag ser. B	SE0007075056	EOLU	Eolus Aktiebolag	Mid Cap	Small Cap
XSTO	CINPHA	Cinclus Pharma Holding AB	SE0020388577	CINPHA	Cinclus Pharma Holding AB	Mid Cap	Small Cap
XSTO	RROS	Rottneros AB	SE0000112252	RROS	Rottneros AB	Mid Cap	Small Cap
XSTO	PRIC B	Pricer AB ser. B	SE0000233934	PRIC	Pricer AB	Mid Cap	Small Cap
XSTO	BACTI B	Bactiguard Holding AB ser. B	SE0005878741	BACTI	Bactiguard Holding AB	Mid Cap	Small Cap
XSTO	PRFO	Profoto Holding AB	SE0015962147	PRFO	Profoto Holding AB	Mid Cap	Small Cap

XHEL	TTALO	Terveystalo Plc	FI4000252127	TTALO	Terveystalo Oyj	Mid Cap	Large Cap
XHEL	KEMPOWR	Kempower Oyj	FI4000513593	KEMPOW	Kempower Oyj	Large Cap	Mid Cap
XHEL	PAMPALO	Endomines Finland Oyj	FI4000508023	ENDOMI	Endomines Finland Oyj	Small Cap	Mid Cap
XHEL	KOSKI	Koskisen Oyj	FI4000533005	KOSKI	Koskisen Oyj	Small Cap	Mid Cap
XHEL	SUY1V	Suominen Oyj	FI0009010862	SUY	Suominen Oyj	Mid Cap	Small Cap
XHEL	KAMUX	Kamux Corporation	FI4000206750	KAMUX	Kamux Oyj	Mid Cap	Small Cap

XCSE	PAAL B	Per Aarsleff Holding A/S B	DK0060700516	PAAL	Per Aarsleff Holding A/S	Mid Cap	Large Cap
XCSE	UIE	UIE Plc	MT0002400118	UIE	UIE Plc	Mid Cap	Large Cap
XCSE	BETCO DKK	Better Collective A/S	DK0060952240	BETCO	Better Collective A/S	Large Cap	Mid Cap
XCSE	COLUM	Columbus A/S	DK0010268366	COLUM	Columbus A/S	Small Cap	Mid Cap
XCSE	GRLA	Grønlandsbanken A/S	DK0010230630	GRLA	Grønlandsbanken A/S	Small Cap	Mid Cap
XCSE	NORTHM	North Media A/S	DK0010270347	NORTHM	North Media A/S	Mid Cap	Small Cap

XICE	KALD	Kaldalón hf.	IS0000035632	KALD	Kaldalón hf.	Small Cap	Mid Cap

The segment Large Cap includes companies whose shares have a market value of 1 billion euro or more. In the segment Mid Cap companies whose shares have a market value between 150 million euro and 1 billion euro and the segment Small Cap includes companies whose shares have a market value of less than 150 millon euro.

The next market cap-segment revision will take effect in January 2027 based on market value in November 2026.

For further information concerning this exchange notice please call Global Listing Services or Economic & Statistical Research, telephone + 46 8 405 60 00.


Nasdaq Stockholm AB

Nordic Listings
Economic & Statistical Research

Market Segmentation Results 2025 final updated 16 Dec 2025.xlsx