BRF S A : Minutes of The Ordinary Board of Directors Meeting

BRF S.A.

Publicly Held Company

CNPJ 01.838.723/0001-27

NIRE 42.300.034.240

CVM 1629-2

MINUTES OF THE ORDINARY MEETING OF THE BOARD OF DIRECTORS

HELD ON DECEMBER 17, 2020

1. Date, Time and Place: Meeting held on December 17, 2020, at 09:00 a.m., by videoconference.
2. Summons and Presence: Summons duly held pursuant to Article 21 of the Bylaws of BRF S.A. ("Company"), with the presence of the totality of the members of the Board of Directors: Mr. Pedro
   Pullen Parente ("Mr. Pedro Parente"), Mr. Augusto Marques da Cruz Filho ("Mr. Augusto Cruz"), Mr. Dan Ioschpe ("Mr. Dan Ioschpe"), Mrs. Flavia Buarque de Almeida ("Mrs. Flavia Almeida"), Mr. José Luiz Osório de Almeida Filho ("Mr. José Osório"), Mr. Luiz Fernando Furlan ("Mr. Luiz Furlan"), Mr. Ivandré Montiel da Silva ("Mr. Ivandré Montiel"), Mr. Roberto Rodrigues ("Mr. Roberto Rodrigues"), Mrs. Flavia Maria Bittencourt ("Mrs. Flavia Bittencourt") and Mr. Marcelo Feriozzi Bacci ("Mr. Marcelo Bacci").
3. Presiding Board: Chairman: Mr. Pedro Pullen Parente. Secretary: Mr. Carlos Eduardo de Castro Neves.
4. Agenda: (i) Amendment of the Policy on Disclosure of Material Acts or Facts and Trading of Securities; and (ii) Amendment of the Financial Risk Management Policy.
5. Resolutions: The members approved, by unanimous votes and with no restrictions, the drawing up of the present minutes in summary form. Once the agenda had been examined, the following matters were discussed, and the following resolutions were taken:

1. Amendment of the Policy on Disclosure of Material Acts or Facts and Trading of Securities. The members of the Board of Directors approved, by unanimous votes, considering the favorable recommendation of the People, Governance, Organization and Culture Committee and the Finance and Risk Management Committee, the proposal of amendment of the Company's Policy on Disclosure of Material Acts or Facts and Trading of Securities.
2. Amendment of the Financial Risk Management Policy. The members of the Board of Directors approved, by unanimous votes, considering the favorable recommendation of the Finance and Risk Management Committee, the proposal of amendment of the Company's Financial Risk Management Policy.

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Extract of the Minutes of the Ordinary Meeting of the Board of Directors held on December 17, 2020.

BRF S.A.

Publicly Held Company

CNPJ 01.838.723/0001-27

NIRE 42.300.034.240

CVM 1629-2

MINUTES OF THE ORDINARY MEETING OF THE BOARD OF DIRECTORS

HELD ON DECEMBER 17, 2020

1. Documents Filed at the Company: The documents related to the agenda that supported the resolutions taken by the members of the Board of Directors or information presented during the meeting were filed at the Company's head office.
2. Closure: There being no other matters to be discussed, the Chairman declared the meeting closed, during which time the present minutes were drawn up in summary form by electronic processing and, having been read and found correct by all those present, were signed.

I certify that the above text is a faithful copy of the minutes which are filed in the Book of the Minutes of the Ordinary and Extraordinary Meetings of the Company´s Board of Directors.

São Paulo, December 17, 2020.

_______________________________

Carlos Eduardo de Castro Neves

Secretary

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Extract of the Minutes of the Ordinary Meeting of the Board of Directors held on December 17, 2020.