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 | 3,201,600 | 7,60% |
| Others | 32,419,493 | 76,93% |
| TOTAL | 42,139,719 | 100.00% |