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Shareholding Structure

Shareholders ON Shares % of total (ex-treasury) % of total
PPAR Pinheiro Participações S.A.* 2,750,848,520 37.074% 36.486%
Squadra Investimentos 388,369,181 5.234% 5.151%
BlackRock, Inc. 387,493,591 5.222% 5.140%
Executive Officers and Board of Directors 683,398 0.009% 0.009%
Free Float 3,892,395,360 52.462% 51.629%
Total (ex-treasury)  7,419,790,050 100.000% 98.413%
Treasury 119,673,213 1.587%
Total   7,539,463,263 100.000%

*Includes shares of PPAR Pinheiro Participações and controlling individuals.

Last updated at April 10, 2025.
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