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Shareholding Structure

Shareholders ON Shares % of total (ex-treasury) % of total
PPAR Pinheiro Participações S.A.* 180,659,406 36.5% 35.9%
Squadra Investimentos 25,891,278 5.2% 5.2%
SPX Gestão de Recursos 25,205,162 5.1% 5.0%
Executive Officers and Board of Directors 173,360 0.0% 0.0%
Free Float 263,159,751 53.2% 52.4%
Total (ex-treasury) 495,088,957 100.0% 98.5%
Treasury 7,541,927 1.5%
Total 502,630,884 100.0%

 

*Includes shares of PPAR Pinheiro Participações and controlling individuals.

**Considering the reverse stock split performed on 06/06/2025.

Last updated at September 16, 2025.
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