Ownership Structure

Shareholders Number of Shares Percentage
Controlling Shareholders 533,356,048 38.80%
Statutory director’s shares* 2,274,811 0.17%
Treasury shares 376,859 0.03%
Free float 838,549,939 61.01%
Total Shares 1,374,557,657 100.00%
Dynamo** 121,485,385 8.84%
Aikya***
70,225,444 5.11%
Pzena****
73,812,600 5.37%
Others (excluding shareholders +5%) 573,026,510 41.69%

Base: March 31, 2026

*Board of Directors + Statutory directors

**Dynamo Administração de Recursos Ltda / Dynamo Internacional Gestão de Recursos Ltda

***Aikya Investment Management Limited

****Pzena Investment Management, LLC