Company Excelsior Alimentos S.A.

Excelsior Alimentos SA, formerly Baumhardt Irmaos SA, is a Brazil-based company engaged in the food processing sector. The Company is primarily involved in the production and sale of meat products. The Company's products include ham, salami, bologna, swine sausages, sausages and pates, among others. The Company also provides prepared meals, such as pizzas and lasagnas. The Company organizes its food products into two segments: Cooled Processed and Frozen Processed. The Company is active in Brazilian states of Rio Grande do Sul, Santa Catarina and Parana. On September 30, 2013, Marfrig Alimentos SA (Marfrig) completed transfer of 64.57% stake of Excelsior Alimentos SA to JBS SA.