Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 216

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 7
Chunk 216
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 with the related party entity, Moneda III SpA (beneficially owned by Moneda's former partners), commenced in 2021 for Moneda Asset Management SpA (“ MAM I”), and Moneda Corredores de Bolsa Limitada (“ MCB”). Commencing in 2022, Moneda S. A. Administradora General de Fondos ("MAGF"), entered into a lease contract with Moneda III SpA.

  Patria Investments Limited      140  

  Table of Contents  

Certain lease payments were made by Patria Investimentos Ltda. for office space leased in Brazil from Gestão e Transformação Infraestrutura, a service provider to portfolio companies managed by us.

For the lease payments made during years ended December 31, 2024, 2023 and 2022, see note 32(f) to our audited consolidated financial statements.

Long-term investments

We received shares on behalf of PBPE General Partner V, Ltd.’s investment fund PE V in Lavoro Agro Limited (“ Lavoro”) at a price of US$ 3.50 8.2

Option arrangements

We entered into option arrangements with the non-controlling interest of Tria Comercializadora de Energía S. A. ("Tria") and PEVC I General Partner IV, Ltd. ("Igah IV") providing us with the option to acquire the remaining 33.33% in Tria and 57.07% in Igah IV. See note 21(d) to our audited consolidated financial statements.

Related Party Transaction Policy

In January 2021, we adopted a new related party transaction policy. Under our new related party transaction policy, certain related party transactions need to be approved by our board of directors or a designated committee thereof, which may include our audit committee.

Registration Rights Agreement

Moneda Shareholders Registration Rights Agreement

We entered into a registration rights agreement (the “ Moneda Registration Rights Agreement”), with Inversiones Puerto Aventura Limitada, Inversiones Orobanca SpA, Inversiones Financieras S. A., Inversiones y Asesorías Santa Loreto Limitada, Asesorias e Inversiones Trialma Limitada, Inversiones Leprechaun SpA, Inversiones Lircay SpA, Asesorias e Inversiones Moraleja SpA, Jadresic Asesorias e Inversiones SpA, Asesorias e In