Ownership Structure

As of November 30, 2025

Shareholders Common Shares (AMBP3) % Common
Tércio Borlenghi Junior (Controlling) 732,518,650 43.85%
Everest Fundo de Investimento em Participações (Controlling) 128,475,810 7.69%
Treasury 1,129,160 0.07%
Others 808,295,070 48.39%
Total 1,670,418,690 100.0%