Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 212

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 7
Chunk 212
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ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS

A. Major Shareholders

The following table and accompanying footnotes present information relating to the beneficial ownership of our Class A common shares and Class B common shares as of December 31, 2024, by:

• each person, or group of affiliated persons, known by us to own beneficially 5% or more of our issued and outstanding shares;

• each of our executive officers and directors individually; and

• all executive officers and directors as a group.

  Patria Investments Limited      138  

  Table of Contents  

The number of common shares beneficially owned by each entity, person, executive officer or director is determined in accordance with the rules of the SEC, and the information is not necessarily indicative of beneficial ownership for any other purpose. Under such rules, beneficial ownership includes any shares over which the individual has sole or shared voting power or investment power as well as any shares that the individual has the right to acquire within 60 days through the exercise of any option, warrant or other right. Except as otherwise indicated, and subject to applicable community property laws, the persons named in the table have sole voting and investment power with respect to all common shares held by that person.

The percentages of beneficial ownership in the table below are calculated as of March 31, 2025 on the basis of the following numbers of shares outstanding: 65,129,962 Class A common shares and 92,945,430 Class B common shares. Our free float consists of 64,420,291 of Class A common shares, which represents 98.9% of total Class A common shares and 6.5% of total voting power.

Unless otherwise indicated below, the address for each beneficial owner is c/o Patria Investments Limited, at 60 Nexus Way, 4th floor, Camana Bay, PO Box 757, KY1-9006, Grand Cayman, Cayman Islands.

                                                                     Shares Beneficially Owned                                                                           % of Total  
                                                                     Class A                                                  Class B                                                
  Shareholders                                                       Shares                                         %         Shares                          %                      
  5% Shareholders                                                                                                                                                                    
  Patria Holdings Limited(2)                                                                           689,454      1.1       81,900,000                      88.1%      82.4        
  Entities affiliated with Capital Research Global Investors(3)                                     10,062,864      15.5      —                               —          1.0