Shareholding Composition

Ownership Breakdown – Dec, 2025
Shareholder Common Shares %
GJP Fundo de Investimento em Ações 104,777,045 19.9
BRM CARBYNE GESTÃO DE RECURSOS S.A. 52,628,540 10.0
Absolute 51,644,052 9.8
Opportunity 40,902,915 7.8
Goldman Sachs 26,792,101 5.1
Treasury Stocks 4,801,226 0.9
Other 244,045,218 46.4
Total 525,591,097 100.0