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 | 7,455,449 | 16.48% |
| Jose Maria de Oliveira e Silva | 3,464,800 | 7.66% |
| Others | 34,321,010 | 75.86% |
| TOTAL | 45,241,259 | 100.00% |