MINERVA S.A. ("Company"), hereby informs its shareholders and the market in general that, at the Company's Board of Directors Meeting held on the date hereof, it was approved the distribution of interim dividends to the Company's shareholders in the total amount of two hundred million Brazilian reais (R$ 200,000,000.00), equivalent to R$ [0.3488435008] per common share issued by the Company, disregarding shares in treasury.
Shareholders registered on the base date of November [10]th, 2021 will be entitled to the declared dividends, respecting negotiations held up to this date, inclusively.
The Company's shares will be traded "ex-dividends" as of November [11]th, 2021, inclusively.
The payment of dividends will be made in Brazilian currency. As defined by the
Company's Executive Board, the payment will be made, in a single installment, on November [25]th, 2021.
There will be no monetary restatement or incidence of interest between the date of declaration of the dividends and the date of actual payment.
On the dividend payment date, the Company will credit the dividend due to each shareholder, according to the number of common shares owned by him/her on the base date of November [10]th, 2021 (respecting negotiations held up to this date, inclusively), according to the bank domicile provided to Itaú Corretora de Valores S.A., institution responsible for the bookkeeping of the Company's shares.
For shareholders whose registration does not contain the Corporate or Individual Taxpayer ID number (CPF/CNPJ) or the indication of "Bank/Branch/ Checking Account", the dividends will only be credited after the registration update in the electronic files of
Itaú Corretora de Valores S.A. and within the determined deadlines by Itaú Corretora de Valores S.A..
Shareholders whose shares are deposited in institutions that provide securities custody services will have their dividends credited in accordance with procedures adopted by depositary institutions.
The receipt of the dividend will be exempt from Income Tax, according to Article
of Law No. 9,249, of 1995.
Finally, with reference to the subscription warrants assigned in the capital increase approved at the Extraordinary Shareholders' Meeting held on October 15th, 2018 ("Capital Increase ESM") and ratified at a Board of Directors' Meeting held on December 20th, 2018 ("Subscription Warrants"), the Company hereby informs the
Subscription Warrants holders that, due to the dividends declared, the adjustment mechanism provided in item 7.3.28.7 of the Capital Increase ESM will be applicable.
Therefore, as of November [11]th, 2021, date when Company's shares will be traded "ex-dividends", the Company informs that the exercise price of the of the
Subscription Warrants will be adjusted to [five reais and four centavos (R$ 5.04)], already considering the net amounts declared herein as dividends.
Barretos, November 4th, 2021.
Edison Ticle de Andrade Melo e Souza Filho
Financial and Investor Relations Officer
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Minerva SA published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 21:49:04 UTC.
Minerva SA is a Brazil-based company mainly engaged in the production and sale of beef. The Company's activities are divided into two business segments: Meat and Livestock. The Meat division is involved in the production and sale of fresh beef. This segment includes beef, pork and poultry processing, as well as production and sale of cattle byproducts, such as hides or giblets. The Livestock division focuses on live cattle export. The Company operates slaughterhouses in Brazil, Paraguay Uruguay, Colombia and Argentina, meat processing plant in Brazil and two proteins processing plants in Argentina. The Firm owns numerous subsidiaries, such as Minerva Dawn Farms Industria e Comercio de Proteinas SA, CSAP Companhia Sul Americana de Pecuaria SA and Athena Foods SA, among others.
MINERVA S.A. 
