Shareholders

The table below shows the ownership structure of the Company in 06 December 2018:

Shareholder* No. of Shares** %
Funds managed by HIX Investimentos Ltda. 1,810,399 15.36%
BNDES Participações S.A. 1,347,960 11.44%
Bernardo Francisco Pereira Gomes 1,327,827 11.26%
Antonio Luciano de Camargo Filho 1,327,753 11.26%
Funds managed by Una Capital Ltda. 618,520 5.25%
FIA EAC - BDR Nivel I 602,700 5.11%
Treasury Shares 269,640 2.29%
Others 4,482,404 38.03%
Total 11,787,203 100.00%
Free float 8,621,415 73.14%

* We emphasize that since the settlement of the Initial Public Offering, the rights and obligations of our shareholders‘ agreement ceased immediately, regardless of notice or obligation and consequently there is no longer a control group that owns more than 50% of the shares of the Company.

** Social Capital composed entirely of common shares.