MATERIAL FACT

CANCELLATION OF SHARES HELD IN TREASURY

JBS S.A. ("JBS" - B3: JBSS3; OTCQX: JBSAY), communicates to its shareholders and the market in general, in accordance with the terms of the Brazilian Securities and Exchange Commission Instruction no. 358/02, as amended, and Instruction no. 567-15 that its Board of Directors, in a meeting held on this date, approved the cancellation of all shares held in treasury on this date in the amount of 62,668,389 (sixty two million, six hundred and sixty eight thousand, three hundred and eighty nine) common shares issued by the Company, without par value and not reducing the Company's capital stock.

As a result of this decision of the Board, the Company's capital stock is now divided into 2,666,079,023 (two billion, sixty hundred and sixty-six million, seventy-nine thousand and twenty- three) ordinary common shares, all nominative, book-entry and without par value. Therefore, article 5 of the Company's bylaws regarding the capital stock of JBS will be adjusted in an Extraordinary Shareholders Meeting to be summoned in due course. JBS management highlights that the current share buyback program remains valid, respecting the limit of 10% of the free float, pursuant to article 8º of CVM Instruction 567/15.

São Paulo, August 13th, 2020.

Guilherme Perboyre Cavalcanti

Investor Relations Officer

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JBS SA published this content on 13 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 August 2020 22:22:11 UTC