BlackRock exceeds 5% of voting rights at Nexans

On February 19, 2026, BlackRock Inc. crossed the 5% ownership threshold in Nexans, reaching 5.44% of the company's share capital and voting rights. This threshold crossing resulted from market share acquisitions and an increase in the number of shares held as collateral. In total, BlackRock holds 2,379,548 Nexans shares. This transaction includes 136 shares represented by ADRs, 37,592 shares via contracts for difference (CFDs), and 182,876 shares held as collateral. These movements illustrate BlackRock's growing interest in the electrical infrastructure sector, a strategic area for Nexans.