Ownership Structure

Shareholders Number of Shares Percentage
Controlling Shareholders 533,356,048 38.80%
Statutory director’s shares* 2,220,616 0.16%
Treasury shares 488,531 0.04%
Free float 838,492,462 61.00%
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%) 572,969,033 41.68%

Base: January 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