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%
T Rowe Price	31,375,584	5.17%
Treasury shares	20,482,794	3.37%
Outros (free float)	234,087,134	38.55%
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%.