Material Fact - 2021/2022 Harvest Estimates

Material Fact

BRASILAGRO - COMPANHIA BRASILEIRA DE PROPRIEDADES AGRÍCOLAS

Publicly-Held Company with Authorized Capital

Corporate Taxpayer's ID (CNPJ/MF) No. 07.628.528/0001-59

State Registry (NIRE) 35.300.326.237

AGRICULTURAL OPERATIONS ESTIMATES 2020/2021 HARVEST YEAR

A BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (B3: AGRO3) (NYSE: LND), leader in Brazil in the acquisition, development and sale of rural properties with high potential for appreciation, informs its shareholders and the market in general its first estimates of the agricultural operations for the 2021/2022 harvest year.

Planted area per culture (hectare)

Production per product	20/21 Harvest	21/22 Harvest	Change
(tons)	Realized	Estimated	(%)
Soybean	173.531	196.677	13,3%
Corn	31.315	82.170	162,4%
Corn - 2nd Crop	70.137	95.845	36,7%
Beans	2.525	4.041	60,0%
Beans - 2nd Crop	4.912	3.417	-30,4%
Cotton	5.055	13.270	162,5%
Cotton - 2nd Crop	0	3.116	n.a.
Total	287.475	398.536	38,6%

Productivity per culture (tons)

	2020 Harvest Realized	2021 Harvest Estimated	2021 Harvest Realized	Change	Change
Sugarcane Harvest Year Result	(Apr/01 to Dec/31)	(Apr/01 to Dec/31)	(Apr/01 to Sep/30)	B/A	C/B
	(A)	(B)	(C)	(%)	(%)
Tons harv ested	2.236.328	2.248.492	1.754.335	0,5%	-22,0%
Hectares harv ested	25.076	26.832	20.597	7,0%	-23,2%
TCH - Harv est tons per	89,18	83,80	85,17	-6,0%	1,6%
hectares
	20/21 Harvest	21/22 Harvest	21/22 Harvest	Change	Change
Cattle Raising	Realized	Estimated	Realized	B/A	C/B
	(A)	(B)	(C)	(%)	(%)
Hectares	9.636	11.984	11.301	24,4%	-5,7%
Number of heads	14.805	16.862	11.534	13,9%	-31,6%
Meat production (kg)	1.940.329	2.580.775	282.706	33,0%	-89,0%
Weight Gain per Day	0,71	0,71	0,49	-0,7%	-30,3%
Weight Gain per hectare	201,37	215,34	25,02	6,9%	-88,4%

Production costs (R$/ha)

(R$ / ha)	20/21 Harvest 21/22 Harvest 21/22 Harvest	Change	Change
Estimated	Realized²	Estimated	B/A	C/B
	(A)	(B)	(C)	(%)	(%)

Soybean	(1)	3.531	3.761	4.630	6,5%	23,1%
Corn	(1)		3.972	3.395	4.626	-14,5%	36,3%
Corn 2nd Crop	2.344	2.499	4.348	6,6%	74,0%
Beans		2.512	2.573	3.023	2,4%	17,5%
Beans 2nd Crop	1.500	2.476	2.957	65,1%	19,4%
Cotton		10.199	10.037	10.879	-1,6%	8,4%
Cotton 2nd Crop + Irrigation	-	-	13.923	n.a.	n.a.
Sugarcane	6.661	5.549	8.089	-16,7%	45,8%
Others		-	-	6.203	n.a.	n.a.
(1) includes area opening amortization

It is noteworthy that the estimates are hypothetical data and do not constitute a promise of performance. For more information about our operating estimates see the respective section of our Reference Form.

São Paulo, November 4, 2021.

Gustavo Javier Lopez

CAO & IRO

Investor Relations:

Phone: [phone]

E-mail:[e-mail]