Unit Structure and Total Free Float Estimate

Units Structure

Shares Details Total Number of Shares # of shares in the unit
Banco BTG Pactual S.A. 11,476,985,224 3

BPAC11 - Shareholder Structure Details Total Number of Units (Theoretical) % of total
Partnership (Direct or via BTG Pactual Holding S.A. and BTG Pactual Holding Fincanceira Ltda.) 2,523,876,152 66.0%
Partnership Vehicles 150,648,480 3.9%
Free Float Total(1) 1,151,137,109 30.1%
Total 3,825,661,741 100.0%

Note:

(1) Updated as of June 30, 2021.

Shares Summary

Banco BTG Pactual
(# of shares) (% of total)
BTG Pactual Holding Financeira Ltda. 7,209,326,428 62.8%
BTG Pactual Holding S.A. 362,302,028 3.2%
Banco BTG Pactual S.A. (1) 0 0.0%
Partnership Vehicles 451,945,440 3.9%
Free Float Total 3,453,411,328 30.1%
Total 11,476,985,224 100.0%

Note:
(1) Treasury shares resulting from the share buyback program of Banco BTG Pactual S.A.

Shareholder Structure

Banco BTG Pactual S.A.
Share Characteristics ON % PNA % PNB % Total %
Economic Rights Yes Yes Yes
Voting Rights Yes No No
BTG Pactual Holding Financeira Ltda. 5,811,901,068 80.3% 0 0.0% 1,397,425,360 100.0% 7,209,326,428 62.8%
BTG Pactual Holding S.A. 120,896,936 1.7% 241,405,092 8.5% 0 0% 362,302,028 3.2%
Banco BTG Pactual S.A. (1) 0 0.0% 0 0.0% 0 0% 0 0.0%
Partnership Vehicles 150,648,480 2.1% 301,296,960 10.6% 0 0.0% 451,945,440 3.9%
Free-Float Total 1,151,007,516 15.9% 2,302,403,812 80.9% 0 0.0% 3,453,411,328 30.1%
Total 7,234,454,000 100.0% 2,845,105,864 100.0% 1,397,425,360 100.0% 11,476,985,224 100.0%

Note:
(1) Treasury shares resulting from the share buyback program of Banco BTG Pactual S.A.