Shareholding structure updated on 09/30/2026
| Shareholders | ON Shares | % of total (ex-treasury) | % of total |
|---|---|---|---|
| PPAR Pinheiro Participações S.A.¹ | 239,555,522 | 50.4% | 47.7% |
| Mak Capital | 25,366,000 | 5.3% | 5.0% |
| Executive Officers and Board of Directors | 233,258 | 0.1% | 0.0% |
| Free Float | 209,937,259 | 44.2% | 41.8% |
| Total (ex-treasury) | 475,087,930 | 100.0% | 94.5% |
| Treasury | 27,526,704 | – | 5.5% |
| Total | 502,630,884 | – | 100.0% |
¹Includes shares of PPAR Participações + Individuals from the control + family individuals from the control + derivative instruments with physical settlement provisions, corresponding to an 7.4% interest in the underlying common shares issued by the Company (7.8% ex-treasury)
Last updated at November 3, 2026.