| Bertelsmann SE & Co. KGaA | Institution | 60.650.713 | 68,14% | US$ 868,52M | 2025-02-28 |
| Mr. Nicolau Esteves | Insider | 9.835.295 | 11,05% | US$ 140,84M | 2026-03-18 |
| SoftBank Group Corp. | Institution | 5.088.323 | 5,72% | US$ 72,86M | 2024-12-31 |
| FMR LLC | Institution | 2.702.407 | 3,04% | US$ 38,70M | 2026-03-31 |
| Mr. Ronald Baron | Insider | 2.383.701 | 2,68% | US$ 34,13M | 2024-12-31 |
| DOMA Perpetual Capital Management, LLC | Institution | 2.285.093 | 2,57% | US$ 32,72M | 2026-03-31 |
| Lílian Tavares de Carvalho | Insider | 1.531.909 | 1,72% | US$ 21,94M | 2024-12-31 |
| Baron Capital Group, Inc. | Institution | 1.483.658 | 1,67% | US$ 21,25M | 2026-03-31 |
| Turim 21 Investimentos LTDA | Institution | 1.460.151 | 1,64% | US$ 20,91M | 2025-07-31 |
| Vanessa Esteves | Insider | 1.435.440 | 1,61% | US$ 20,56M | 2024-12-31 |
| Mr. Renato Esteves | Insider | 1.263.613 | 1,42% | US$ 18,09M | 2026-03-18 |
| LarrainVial Asset Management Administradora General de Fondos SA | Institution | 475.312 | 0,53% | US$ 6,81M | 2025-06-30 |
| Union Bancaire Privée, UBP SA | Institution | 456.971 | 0,51% | US$ 6,54M | 2025-06-30 |
| Renaissance Technologies LLC | Institution | 379.000 | 0,43% | US$ 5,43M | 2026-03-31 |
| Mr. Virgílio Deloy Gibbon | Insider | 351.223 | 0,39% | US$ 5,03M | 2026-05-07 |
| BlackRock, Inc. | Institution | 334.575 | 0,38% | US$ 4,79M | 2026-03-31 |
| Two Sigma Investments, LP | Institution | 322.286 | 0,36% | US$ 4,62M | 2026-03-31 |
| Swedbank Robur Fonder AB | Institution | 189.200 | 0,21% | US$ 2,71M | 2026-03-31 |
| Turim Investimentos Ltda. | Institution | 149.618 | 0,17% | US$ 2,14M | 2026-03-31 |
| State Street Global Advisors, Inc. | Institution | 129.013 | 0,14% | US$ 1,85M | 2026-03-31 |
| D. E. Shaw & Co., L.P. | Institution | 104.506 | 0,12% | US$ 1,50M | 2026-03-31 |
| Morgan Stanley | Institution | 96.094 | 0,11% | US$ 1,38M | 2026-03-31 |
| Bank of America Corporation | Institution | 84.401 | 0,09% | US$ 1,21M | 2026-03-31 |
| Northern Trust Global Investments | Institution | 82.970 | 0,09% | US$ 1,19M | 2026-03-31 |
| Mr. Lélio De Souza | Insider | 77.745 | 0,09% | US$ 1,11M | 2026-05-07 |
| Evli Fund Management Company Ltd. | Institution | 76.132 | 0,09% | US$ 1,09M | 2025-06-30 |
| Baillie Gifford & Co. | Institution | 71.164 | 0,08% | US$ 1,02M | 2024-12-31 |
| Mr. Luis Andre Blanco | Insider | 68.140 | 0,08% | US$ 975,76k | 2026-05-07 |
| Geode Capital Management, LLC | Institution | 65.320 | 0,07% | US$ 935,38k | 2026-03-31 |
| Anibal José de Sousa | Insider | 62.687 | 0,07% | US$ 897,68k | 2026-05-07 |
| RAM Active Investments S.A. | Institution | 58.524 | 0,07% | US$ 838,06k | 2025-06-30 |
| Envestnet Asset Management, Inc. | Institution | 51.324 | 0,06% | US$ 734,96k | 2026-03-31 |
| Dodge & Cox | Institution | 51.287 | 0,06% | US$ 734,43k | 2026-03-31 |
| Citadel Advisors LLC | Institution | 48.887 | 0,05% | US$ 700,06k | 2026-03-31 |
| Lazard Asset Management LLC | Institution | 48.776 | 0,05% | US$ 698,47k | 2026-03-31 |
| UBS Asset Management AG | Institution | 48.315 | 0,05% | US$ 691,87k | 2026-03-31 |