The following table sets forth the main holders of Lupatech outstanding common shares and their respective shareholding.
| SHAREHOLDERS | NUMBER OF SHARES | % OF TOTAL CAPITAL SOCIAL |
| Arara Azul Fundo de Investimento | 6,518,626 | 15.47% |
| Jose Maria de Oliveira e Silva | 2,534,700 | 6,01% |
| Others | 33,086,393 | 78.52% |
| TOTAL | 42,139,719 | 100.00% |