Shareholders of Saipa Corporation

According to the official website “www.saipacorp.com”, shareholders of SAIPA corporation are:
1. Iran Industrial Development & Renovation Organization 17.3%
– IDRO – State-owned enterprise associated with Iran’s Ministry of Industries and Mines. Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control on 11/5/2018 for being owned or controlled by the Iranian regime;
2. Steel Staff Retirement Fund Institute 16.3%
3. Rena Industrial Group Investment Co. 15.7%
4. Setareh Taabaan Trading Co. 10.2%
5. SAIPA Investment Company 9.6%
6. Sabaa Ta’min Investment Company 2.2%
7. Khodro Taabaan E-commerce Company 3.0%
8. Iran National Investment Company 1.9%
9. Radin Capital Development Co. 1.1%
10. Nivan Ebtekar Investment Company 1.4%
11. Other 21.4%

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