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Ownership Structure

Ownership Structure

Shareholders Shares %
João Alves de Queiroz Filho 175,300,000 27.7
Maiorem 93,371,780 14.7
Other Controlling Shareholders 749,614 0.1
Votorantim 69,811,900 11.0
Perenne¹ 38,125,500 6.0
Fidelity 31,787,823 5.0
Management 2,591,863 0.4
Treasury Shares 498.692 0.1
Free Float 221,183,651 34.9
Total 633,420,823 100.0

Note: ¹Out of the total 173,000,000 shares issued by the Company and held by João Alves de Queiróz Filho: (i) 126,546,896 shares are bound by the Company’s Shareholders’ Agreement; (ii) 8,880,002 shares are free of any corporate ties; and (iii) 39,873,102 shares are indirectly held by João Alves de Queiróz Filho through JACF Participações Ltd.; ²Perenne is a party to financial derivative instruments (swaps), which provide him additional exposure to 12,600,000 shares issued by the Company.

Last updated on May 19, 2025.
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