The following table sets forth the principal holders of Minerva outstanding common shares and their respective shareholdings.

Shareholders	Shares	%
VDQ Holdings S.A. (1)	289,066,368	28.91%
SALIC International Investment Company	243,563,679	24.35%
Others (free float)	452,548,721	45.25%
Treasury Shares	14,887,274	1.49%
Total	1,000,066,042	100.00%

⁽¹⁾ The ownership of VDQ Holdings by the Vilela de Queiroz Family is as follows: EQMG Participações S.A., 44.03%; Isabel Cristina de Alcântara Queiroz, 13.78%; Marcelo Alcântara de Queiroz, 1.53%; Beatriz Queiroz Lemann, 1.53%; Frederico Alcântara de Queiroz, 1.53%; Antonella Martins de Queiroz, 2.62%; Ibar Vilela de Queiroz, 15%; Fernando Galletti de Queiroz, 5%; Ismael Vilela de Queiroz, 5%; IZVQ Holdings Ltda, 5%; Eneida Campozana de Queiroz, 2.49%; Cristiano Campozana de Queiroz, 1.25%; Devanilda Ginelza Ewig, 1.24%.