Company: PAX
Filing Date: 2025-01-30
Form Type: 424B3
Source: 0000950103-25-001159
Chunk: 5

Company: Patria Investments Ltd
Filing Date: 2025-01-30
Form: 424B3
Chunk 5
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 Calculated using 61,887,584 Class A common shares outstanding and 92,945,430 Class B common shares outstanding as of January 27, 2025. 
 In calculating this percentage for a particular holder, Patria treated as outstanding the maximum number of Class A common shares held 
 and/or received by that particular holder and excluded all Class A common shares held by any other holder.                             |

| (3) | Assumes that all Class A common shares issued as deferred consideration pursuant to the Moneda Transaction Agreement have been sold 
 by the Selling Stockholders.                                                                                                        |

| (4) | Inversiones Puerto Aventura Limitada is a Chilean limited liability company (sociedad de responsabilidad limitada). While Pablo               
 Echeverría Benítez does not own Class A common shares in Patria Investments Limited directly, he owns equity interests in                     
 Inversiones Puerto Aventura Limitada and in Inversiones Sao Paulo SpA, which is a Chilean corporation (sociedad por acciones).                
 Mr. Benítez is also a member of Patria’s board of directors since December 2021 and Chairman of Moneda’s board of directors                   
 since 2007. Mr. Benítez disclaims beneficial ownership of the shares held by Inversiones Puerto Aventura Limitada and Inversiones             
 Sao Paulo SpA except to the extent, if any, of his respective pecuniary interest therein. The address of Inversiones Puerto Aventura Limitada 
 is Camino El Golf 1863 House 11, Zapallar, Valparaiso, Chile.                                                                                 |

| (5) | Punta Chauquen SpA is a Uruguayan corporation (sociedad por acciones). While Fernando Tisné does not own Class A common                   
 shares in Patria Investments Limited directly, he owns equity interests in Punta Chauquen SpA. Mr. Tisné disclaims beneficial ownership   
 of the shares held by Punta Chauquen SpA except to the extent, if any, of his respective pecuniary interest therein. The address of Punta 
 Chauquen SpA is Miraflores 1604, Montevideo 11500, Uruguay.                                                                               |

| (6) | Together, these shareholders beneficially owns less than 1% of the total number of outstanding common shares on January 30, 2025. |

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