JBS S A : acquires European company to expand its global plant-based food platform

Purchase of Vivera, Europe's third-largest plant-based protein producer for €341 million includes three manufacturing facilities and a research center in the Netherlands

São Paulo, April 19, 2021 -JBS, the world's largest protein company and second-largest food producer, has entered into an agreement to purchase Vivera, Europe's third-largest plant-based food company, for an enterprise value of €341 million. Vivera develops and produces a broad range of innovative plant-based meat replacement products for major retailers in over 25 countries across Europe, with relevant market share in the Netherlands, the United Kingdom and Germany. The deal includes three manufacturing facilities and a research and development center located in the Netherlands.

The acquisition of Vivera strengthens and boosts JBS' global plant-based food platform. Strong growth is expected in this category throughout global markets. The deal will add a brand to JBS' portfolio that is well- established in consumer preference, strengthening the Company's focus on value-added products.

Vivera, currently the largest independent plant-based company in Europe, will join other JBS initiatives such as Seara's Incrível line, a market leader in plant-based hamburgers in Brazil, and Planterra, with the OZO brand in the United States.

'This acquisition is an important step to strengthen our global plant-based protein platform,' said Gilberto Tomazoni, global CEO, JBS. 'Vivera will give JBS a stronghold in the plant-based sector, with technological knowledge and capacity for innovation.'

To nurture its entrepreneurial spirit, JBS plans to manage Vivera as a standalone business unit with its current leadership team to remain in place.

'Joining forces with JBS gives us access to significant resources and capabilities to accelerate our current strong growth trajectory and Vivera brand expansion,' said Willem van Weede, CEO, Vivera.

The deal was approved by the JBS board of directors and will be concluded after approval by antitrust authorities.

About JBS
JBS is the world's second-largest food company and the largest in animal protein. With a global platform diversified by geography and type of products (poultry, pork, beef and lamb), the Company has over 250,000 Team Members in production units and offices on all continents, in countries like Brazil, the United States, Canada, the United Kingdom, Australia, and China, among others. In Brazil, there are over 145,000 Team Members, making the company one of the country's largest private employers.

Worldwide, JBS offers an extensive portfolio of brands recognized for excellence and innovation: Swift, Pilgrim's Pride, Seara, Moy Park, Friboi, Primo, and Just Bare, among many others, which find their way every day onto the tables of consumers in 190 countries. The Company is also investing in correlated businesses like leather, biodiesel, collagen, personal hygiene and cleaning, natural wrapping, solid waste management solutions, recycling, metallic packaging and transport.

JBS conducts its operations focused on the high quality and safety of its food products, and it adheres to best sustainability and animal welfare practices throughout its value chain. The Together for the Amazon program is part of this commitment. Besides fostering the sustainable development of the Amazon biome, promoting the conservation and sustainable use of the forest, it also incorporates improvements in the quality of life of the population living there, as well as the development of new technologies for preserving the environment. With the implementation of a blockchain platform, unrivalled in the animal protein sector, it will extend control not only over the direct suppliers of JBS, but also over their suppliers.