Corporate Structure

Banco PAN is jointly controlled by Banco BTG Pactual S.A. (“BTG Pactual”)  and Caixa Participações S.A. (“CAIXAPAR”), a fully owned subsidiary of Caixa Econômica Federal.

 

Ownership Structure (thousand shares)
ON % ON PN %PN Total %
Banco BTG Pactual S.A. 334,131 50.8% 206,371 37.7% 540,502 44.9%
Caixa Participações S.A. 323,430 49.2% 323,430 26.8%
Free Float 341,124 63.3% 341,124 28.3%
Total 657,561 100.0% 547,495 100.0% 1,205,056 100.0%

Despite the difference in the number of shares held by the controlling shareholders, the Shareholders’ Agreement will not be amended, so that CAIXAPAR and BTG Pactual remain as co-controlling shareholders of the Company.

Click here to access the Shareholder Agreement.