BrasilAgro Companhia Brasileira de Propriedades Agrícolas : Minutes of the Board of Directors Meeting held on November 24, 2022

BRASILAGRO - COMPANHIA BRASILEIRA DE PROPRIEDADES AGRÍCOLAS

Publicly held Company with Authorized Capital

CNPJ/ME No. 07.628.528/0001-59

NIRE 35.300.326.237

MINUTES OF THE BOARD OF DIRECTORS' MEETINGS

HELD ON NOVEMBER 24th, 2022

Date, Time and Place: On November 24th, at 1pm, in the head office of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas, located in the City of São Paulo, State of São Paulo, at Avenida Brigadeiro Faria Lima, No. 1.309, 5th floor ("Company").

Call and Attendance: All members of the Board of Directors of the Company ("Directors") having been duly summoned pursuant to article 20, paragraph 1st of the Company's Bylaws, the meeting was installed with the presence of the Directors subscribing these minutes. The Board members attended this meeting via conference call and videoconference, as provided for in article 20, caput, of the Company's Bylaws.

Presiding: Chairman: Eduardo S. Elsztain; and Secretary: André Guillaumon.

Agenda: Discuss and resolve on the election of the members of the Audit Committee of the Company, pursuant to article 34 of the Company's Bylaws.

Resolutions: After analysis and discussion of the matters of the agenda, and received the necessary explanations, the Directors unanimously decide, without any reservations or restrictions, to elect as members of the Audit Committee of the Company, pursuant to article 34 of the Company's Bylaws, the following individuals: (i) Mr. Isaac Selim Sutton, Brazilian, married, economist, bearer of the Identity Card RG No.

7.386.118-2, enrolled with the Individual Taxpayers' Registry of the Ministry of Economy ("CPF/ME") under No.

047.010.738-30, resident and domiciled in the City of São Paulo, State of São Paulo, with commercial address also in the City of São Paulo, State of São Paulo, at Avenida Angélica, no. 2.510, 9th floor, Consolação, Zip Code 01228-200; (ii) M. Efraim Horn, Brazilian, married, manager, bearer of the Identity Card RG No. 33890529 (SSP/SP), enrolled with the CPF/ME under No. 221.487.098-95, resident and domiciled in the City of São Paulo, State of São Paulo, with commercial address also in the City of São Paulo, State of São Paulo, at Avenida Brigadeiro Faria Lima, No. 3.600, 12th floor, Itaim Bibi, Zip Code 05435-132; and (iii) Mr. Fabiano Nunes Ferrari, Brazilian, married, lawyer, bearer of the Identity Card RG No. 25.260.606-1 (SSP/SP), enrolled with the CPF/ME under No. 186.583.958-20, resident and domiciled in the City of São Paulo, State of São Paulo, with commercial address also in the City of São Paulo, State of São Paulo, at Rua Augusta, No. 1.819, 24th floor, Zip Code 01413-000, with the first two being independent directors of the Company, and the third being an independent specialized professional, all elected for a term of office unified with the term of office of the members of the

Board of Directors, which shall end at the Annual General meeting that approves the Company's financial statements for the fiscal year ending June 30, 2023.

Closing: As there were no further issues to be addressed, these minutes were drawn up, approved and executed by the totality of the members of the Board of Directors and by the Chairman and Secretary of the Meeting.

Signatories: (a) Presiding: Eduardo S. Elsztain - Chairman; and (b) André Guillaumon - Secretary. (b) Members of the Board of Directors: Alejandro G. Elsztain; Saúl Zang; Alejandro Gustavo Casaretto; Efraim Horn; Isaac Selim Sutton; Eliane Aleixo Lustosa de Andrade and Isabella Saboya de Albuquerque.

[I hereby certify that the above resolutions were taken from the minutes drawn up in the book of Minutes of the

Board of Directors' Meetings]

São Paulo, November 24th, 2022.

______________________________

André Guillaumon

Secretary