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 | 8,728,769 | 18.45% |
| Jose Maria de Oliveira e Silva | 5,579,700 | 11.79% |
| Antonio Amaral Vilas Boas Neto | 3,233,000 | 6.83% |
| Others | 29,776,634 | 62.93% |
| TOTAL | 47,318,103 | 100.00% |