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 | 15.472% |
| Others | 35,612,093 | 84.528% |
| TOTAL | 42,130,719 | 100.00% |