NOTICE TO THE MARKET

Pilgrim's Pride Corporation elects new CEO

JBS S.A. ("JBS" or "Company" - B3: JBSS3; OTCQX: JBSAY) communicates to its shareholders and the market in general that Pilgrim´s Pride Corporation ("PPC" - NASDAQ: PPC), a controlled subsidiary, announced today that its Board of Directors has approved the appointment of Jayson Penn, previously

President of Pilgrim's USA, as PPC Global CEO, effective immediately.

Jayson was appointed to substitute Bill Lovette, who is retiring and will remain available to provide strategic advisory services to PPC through July 2020.

He is an accomplished executive with more than 30 years of experience in the poultry industry and joined Pilgrim's in March 2011. He has served as Senior Vice

President of the Commercial Business Group, Executive Vice President of Sales and Operations and, most recently, as President of Pilgrim's USA. Also, he currently serves on the board and executive committee of the National Chicken Council and the board of directors of The World Poultry Foundation.

São Paulo, March 22nd, 2019

Guilherme Perboyre Cavalcanti

Investor Relations Officer

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JBS SA published this content on 22 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 March 2019 13:49:02 UTC