The following table sets forth the principal holders of BRF outstanding common shares and their respective shareholdings in December 31, 2012:
|Fundação Petrobrás de Seguridade Social - Petros (1)
|Caixa de Previd. dos Func. do Banco do Brasil (1)
|Fundação Vale do Rio Doce de Seg. Social - Valia (1)||22,167,625||2.54|
|Fundação Sistel de Seguridade Social (1)||10,396,048||1.19|
|FPRV1 Sabiá FIM Previdenciário||3,474,904||0.40|
|Board of Directors||9,564,898||1.10|
(1) Pension funds are controlled by participating employees of the respective companies.
BRF is a holding company incorporated under Brazilian law, and conduct business through its operating subsidiaries.