ULTRAPAR PARTICIPACOES SA

Ticker: UGP CUSIP: 90400P101 Class: ADR

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

Note: Option positions (PUT/CALL) are excluded.

Q2 2020
Shares 830,498 Value ($000) $2,815 Avg Close — Range —
Q1 2020
Shares 1,317,678 Value ($000) $3,202 Avg Close — Range —