BRF S A : Integrated Report 2021

Strategy: our future vision

Scenarios and perspectives

Risk management

Allocation of capital

Innovation and technology

BRF Sustainability Plan

Results: our value generation

Business performance

Quality and food safety

Development of our team

Responsibility in the value chain

Animal welfare

Environmental Management

1.

WELCOME

IN THIS CHAPTER:

• • Report and materiality

• • A message from our leadership

• • Covid-19 and social actions

• • Our journey in 2021

Welcome

GRI 102-29, 102-50, 102-53, 102-46, 102-56

Once again, we are proud to present BRF's Integrated Report, in line with best reporting practices and with our commitment to the transparency and completeness of the information that we publish to the market.

Over the next few pages, we will be expanding on the topics that are of most importance to our business and to our stakeholders, including food quality and safety; animal welfare, the development of our human capital; actions taken to combat climate change and responsibility in the value chain. We will also be looking at the advances made in relation to the targets found in the BRF Sustainability Plan and how we create value for our stakeholders.

We will be presenting the challenges faced in yet another year marked by the Covid-19 pandemic, but also the advances we have made in innovation in our products and business sectors. The report also presents our strategy for the allocation of capital over the coming years, our economic-financial performance and the initiatives designed for our publics - customers, suppliers, integrated producers, employees and society.

In relation to the period January 1 to December 31, 2021, this report has been developed in accordance with the directives of the Coreoption of the Global Reporting Initiative (GRI) Standards, as well as for the Value Reporting Foundation (VRF) integrated report. Furthermore, the Sustainable Development Goals (SDGs) are taken into consideration and, for the first time, we are reporting standards established by the Sustainability Accounting Standards Board (SASB).

Through this report, we are also holding ourselves accountable in relation to the principles of the United Nations Global Compact, of which we have been signatories since 2007, and we here outline the progress we have made in this area.

The information refers to the majority of our operations, including Brazil and markets such as the United Arab Emirates and Turkey. The exceptions are highlighted in footnotes and refer to operations that have been recently discontinued or that are in the process of integration. The veracity of the data has been ensured by an independent external audit, performed by KPMG, and approved by the Executive Board by Administrative Council.

The economic-financial indicators correspond to our financial statements and adhere to Brazilian standards and the International Financial Reporting Standards (IFRS), inaccordance with the standards of the Brazilian Securities Commission (CVM) and the Security Exchange Commission (SEC). The senior management of BRF assumes full responsibility for this report and recognizes the efforts

made in terms of the application of integrated thinking in the conception and structuring of the document.

GRI 102-45

CAPITALS MARKET BEST PRACTICES

In addition to the directives for the drafting of the report, we also meet the demands for transparency set down by different sectors of the capitals market, such as the Corporate Sustainability Index (ISE) of the Brazilian Stock Exchange (B3), the criteria of the Brazilian Association of Publicly-Held Companies (ABRASCA), and the requirements of the Dow Jones Sustainability Index (DJSI) published by the New York Stock Exchange.

CONSULTATION WITH STAKEHOLDERS

Materiality

GRI 102-21, 102-29, 102-40, 102-42, 102-43, 102-44, 102-46, 102-47, 102-49, 103-1

In order to be able to present relevant content that is in line with the demands of our stakeholders, we reviewed our materiality matrix in 2021 to be able to identify and provide transparency on the matters that have the greatest impact and influence on our business and for our stakeholders.

In line with the principles of materiality of the GRI Standards and the VRF's Framework of Integrated Reporting, the process included the following stages:

During the prioritization phase, we collected a total of 2,748 feedback messages from our various publics through an online survey. Furthermore, to understand the business vision, eleven interviews with members of senior management were conducted, including with the CEO, vice-presidents and directors of the company.

MATERIALITY PROCESS

IDENTIFICATION AND ANALYSIS:PRIORITIZATION OF ISSUES:

ANALYSIS AND CONSOLIDATION:

mapping of the stakeholders and analysis of internal documents, and sectoral and benchmarking studies for the creation of an initial list of issues that are of importance to the Company;

11 interviews with BRF's senior management and on-line consultations with stakeholders - academics, customers, employees, sector entities, suppliers, government, press, financial institutions, investors, partners, unions and the third sector - to be able to prioritize the issues listed;

investigation and consolidation of the results obtained during the research performed with the internal and external publics and creation of the materiality matrix with 10 topics considered priority for the business and for the stakeholders.