Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On November 17, 2022, Bunge Limited (the "Company") issued a press release announcing the appointment of Eliane Aleixo Lustosa de Andrade to the Board of Directors (the "Board") of the Company, effective November 15, 2022. With the appointment of Ms. Aleixo Lustosa, the Board will consist of twelve directors.

Ms. Aleixo Lustosa, age 59, currently serves as a non-executive director of the following companies: Grupo CCR S.A. (since 2020), BrasilAgro S.A. (since 2021), and Aegea Saneamento S.A.(since 2022). Ms. Aleixo Lustosa has been a referee of the Brazilian Arbitration Chamber of Novo Mercado Bovespa - B3 - Brazilian Stock Market (since 2004), and a member of the Bluebell Index advisory board (since July 2021). From 2016-2019, she served as Managing Director at the Brazilian Development Bank ("BNDES"), National Bank for Economic and Social Development, where she was responsible for capital markets and the execution of the Brazilian Privatization Program. Earlier in her career, Ms. Aleixo Lustosa held a variety of executive positions, including as Chief Financial Officer at LLX Logística S.A. (currently Prumo Logística S.A.)(2007-2009), Vice President of Finance and Control at Grupo Abril S.A. (2005-2007), Executive Director of Globex Utilidades S.A. (2004-2005) and Chief Investment Officer of Petrobras' Employee Pension Fund (1999-2003). Ms. Aleixo Lustosa is a certified board member by the Brazilian Institute of Corporate Governance and by the Competent Boards' Global ESG and Climate Certificate and Designation Program. Ms. Aleixo Lustosa has a Ph.D in Finance and Master's and Bachelor's degrees in Economics from Pontifical Catholic University of Rio de Janeiro, Brazil, where she served as a professor of microeconomics and international relations.

Ms. Aleixo Lustosa will serve on the Sustainability and Corporate Responsibility Committee and Audit Committee.

Ms. Aleixo Lustosa will receive compensation for service as a director consistent with that provided to the Company's other non-employee directors, including a pro-rata stock award of restricted stock units upon joining the Board, which is generally described under the caption "Director Compensation" in the Company's proxy statement for its 2022 Annual Meeting of Shareholders filed with the Securities and Exchange Commission. There are no arrangements or understandings between Ms. Aleixo Lustosa and any other person pursuant to which she was elected as a director. There are no transactions between Ms. Aleixo Lustosa and the Company that would be required to be disclosed under Item 404(a) of Regulation S-K.

A copy of the press release announcing Ms. Aleixo Lustosa is filed herewith as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01 - Financial Statements and Exhibits



(d):   Exhibits

Exhibit No.             Description
  99.1                  Press Release, dated November 17, 2022
104                     Cover Page Interactive Data File (embedded within the Inline XBRL document)

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