| Shareholder | Common shares | % of total |
|---|---|---|
| Ultra Logística Ltda. | 682,252,831 | 50.152% |
| Alaska Investimentos | 256,640,801 | 18.865% |
| Pátria Infraestrutura IV FIP Multiestratégia | 78,500,846 | 5.770% |
| Treasury | 0 | 0.000% |
| Other | 342,988,165 | 25.213% |
| TOTAL HBSA3 | 1,360,382,643 | 100.000% |
Date: May 19, 2025
Source: Company’s Reference Form
