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 | 872,876 | 18.45% |
| Jose Maria de Oliveira e Silva | 564,220 | 11.92% |
| Antonio Amaral Vilas Boas Neto | 323,300 | 6.83% |
| Others | 2,971,414 | 62.80% |
| TOTAL | 4,731,810 | 100.00% |