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Ownership Breakdown

The following table sets forth the main holders of São Martinho outstanding common shares:

Shareholders Common shares %
LJN Participações S.A. 190,242,864 57.23
Indirect Controllers 14,755,474 4.44
Management 1,414,201 0.43
Treasury 9,662,100 2.91
Free Float 116,360,752 35.00
Total 332,435,391 100.00

*As of January-2026