MINUTES OF THE BOARD OF DIRECTORS’ MEETING HELD ON JANUARY 08, 2021 AT 3:00 P.M.

JBS S.A.

Corporate Taxpayer's ID (CNPJ/ME): 02.916.265/0001-60

Company Registry (NIRE): 35.300.330.587

Authorized Capital Publicly Held Company

EXCERPT OF THE MINUTES OF THE BOARD OF DIRECTORS' MEETING

HELD ON JANUARY 08, 2021, AT 3:00 P.M.

Date, Time and Venue: The meeting of the Board of Directors of JBS S.A., with headquarters located at Avenida Marginal Direita do Tietê, 500, Bloco I, 3º Andar, Vila Jaguara, CEP 05118-100, in the city and state of São Paulo ("Company"), was held on January 08, 2021, at 3:00 p.m. via conference call.

Call Notice: The Call Notice was sent via e-mail to the members of the Board of Directors, pursuant to Article 18 of the Company's Bylaws.

Attendance: The necessary quorum for the Board of Directors' Meeting was verified, given the presence of all the members of the Board of Directors, pursuant to articles 15 and 18 of its Bylaws, namely: Jeremiah O'Callaghan (Chairman), José Batista Sobrinho (Vice-Chairman) (by vote delegated to the Chairman of the Board of Directors), Wesley Mendonça Batista Filho, Aguinaldo Gomes Ramos Filho (by vote delegated to the Chairman of the Board of Directors), Gilberto Meirelles Xandó Baptista, Alba Pettengill, José Guimarães Monforte, Márcio Guedes Pereira

Júnior and Gelson Luiz Merisio.

Also attended the meeting Mr. Daniel Pitta, Legal Officer and Adriano Ribeiro, Legal Executive Officer of the Company.

Presiding: Jeremiah Alphonsus O'Callaghan, Chairman; and Milena Hitomi Yanagisawa,

Secretary.

Agenda: (i) to discuss and resolve on the transfer of shares held in treasury by the Company, within the scope of the Granting Plan, in the amount of one hundred and eighty-six thousand and three hundred and twenty-four (186,324) common, nominative, book-entry shares without par value, to the beneficiaries of the Stock Option Plan.

Discussions and resolutions:

1. The meeting began with Mr. Jeremiah Alphonsus O'Callaghan, who conducted a presentation on the variable remuneration and long-term compensation of the Company's executives, emphasizing the granting of shares under the Company's Stock Option Plan ("Option Plan").

Following, the members of the Board of Directors, after analyzing and discussing the Stock Option Plan, by unanimous vote, without reservations and/or exceptions, resolved to approve the sale of shares held in treasury by the Company, within the scope of the Granting Plan, in the amount of one

1

hundred and eighty-six thousand and three hundred and twenty-four (186,324) common shares, nominative, book-entry and without par value, to the beneficiaries of the Stock Option Plan.

In accordance with this resolution, the Directors unanimously agreed to authorize the Company's Executive Officers to take all and any measures, practice the acts and sign all documents necessary to implement the transfer of the shares held in treasury by the Company, in the strict terms of the resolution under analysis.

Closure: There being no further business to discuss, the Chairman offered the floor to anyone who intended to speak and, as no one did, the meeting was adjourned for the time necessary to draw up these minutes, which were then read, approved and signed by all attendees.

Attending Members: Jeremiah O'Callaghan (Chairman), José Batista Sobrinho (Vice-Chairman)(by vote delegated to the Chairman of the Board of Directors), Wesley Mendonça Batista Filho (by vote delegated to the Chairman of the Board of Directors), Aguinaldo Gomes Ramos Filho, Gilberto Meirelles Xandó Baptista, Alba Pettengill, José Guimarães Monforte, Márcio Guedes Pereira Júnior and Gelson Luiz Merisio. Presiding: Jeremiah O'Callaghan, Chairman; Milena Hitomi Yanagisawa, Secretary.

This is a free English translation of the Minutes of the Board of Directors' Meeting drawn up in the

Company's book.

São Paulo, January 08, 2021.

Milena Hitomi Yanagisawa

Secretary

2