Ownership Breakdown

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

Shareholders Shares %
SALIC International Investment Company 185.536.600 30,55%
VDQ Holdings S.A. (1) 135.801.295 22,36%
Compass Group L.L.C. 33.150.141 5,46%
Minerva S.A. 22.353.200 3,68%
Outros (free float) 230.442.171 37,95%
Total 607.283.407 100,00%

(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%.