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 | 3,371,200 | 7,92% |
| Others | 32,249,893 | 76,53% |
| TOTAL | 42,139,719 | 100.00% |