BlackRock's Norsk Hydro holding crosses 5% threshold

BlackRock, Inc. has notified Norsk Hydro and the Norwegian Financial Supervisory Authority (NOR-FSA) of a major holding. As of November 24, 2025, BlackRock's total direct and indirect position in Norsk Hydro now stands at 5.31% of shares and voting rights, surpassing the 5% threshold.

The filing details BlackRock's direct holding of 5.07% of shares and voting rights, amounting to 100,318,308 shares, in Norsk Hydro. Additionally, BlackRock holds an indirect stake of 0.24% through various financial instruments, including American Depositary Receipts (ADRs) and Contracts for Difference (CFDs), totaling 4,920,793 shares and voting rights.

The disclosure obligation arose because BlackRock, Inc.'s voting rights attached to shares and votes for Norsk Hydro went above 5%. The notification was filed from London, U.K.