Company: PAX
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025640
Chunk: 211

Company: Patria Investments Ltd
Filing Date: 2025-05-15
Form: 20-F
Item: Item 6
Chunk 211
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  Management                      16          3  
  Investment                     241         42  
  Sales & IR                      94         16  
  Corporate                      226         39  
  Total                          577        100  

We believe we have a constructive relationship with our employees and certain labor unions, as we have never experienced strikes, work stoppages or disputes leading to any form of downtime.

E. Share Ownership

As of the date of this annual report, the members of our board of directors and our executive officers do not have any family relationships among themselves, with the members of the boards of directors of our subsidiaries, with our controlling shareholder or with the boards of directors of our subsidiaries, other than the fact that Mr. Olimpio Matarazzo Neto, chairman and a member of our board of directors, is a first degree cousin of Mr. Alexandre Teixeira de Assumpção Saigh, our Chief Executive Officer and member of our board of directors.

Any outstanding shares beneficially owned by our directors and officers and/or entities affiliated with these individuals are disclosed in “ Item 7. Major shareholders and Related Party Transactions - A. Major Shareholders.”

See “ Item 6. Directors, Senior Management and Employees - B. Compensation - Long-Term Incentive Plan” for information on our share option long-term incentive programs.

F. Disclosure of a registrant’s action to recover erroneously awarded compensation

We adopted a compensation recoupment policy on November 23, 2023. Please see Exhibit 97.1 to this annual report.

We have not been required to prepare an accounting restatement at any time during or after our last completed fiscal year and no recovery of awarded compensation is required pursuant to our compensation recoupment policy.

ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS