Dividends

Dividend Policy and Payment

The Brazilian Corporation Law and the Company’s By-laws require the shareholders’ Ordinary General Meeting to be held up to April 30 of each year where the shareholders must, among other things, decide about the distribution of the annual dividends. All shareholders are entitled to receive the dividends on the date when the dividends were declared.

The Company’s shareholders will decide about the Board of Directors proposal to allocate the net income for the prior year. The Brazilian Corporation Law defines “net profits” for any fiscal year as net income for that fiscal year, net of any accumulated losses from prior fiscal years, income tax and social contribution taxes and any amounts allocated to the participation of its employees and management in JBS’ net profits in such fiscal year.

The JBS mandatory dividend is of at least 25% of the adjusted net income, under the terms of the Brazilian Corporate Law and the Company’s By-laws, determined in the unconsolidated financial statements. The yearly distribution of dividends, including dividends in excess of the minimum mandatory dividend, requires approval by a majority vote of the holders of JBS’ common shares and will depend on many factors. These factors include the Company’s results of operations, financial condition, cash requirements, future prospects and other factors deemed relevant by JBS’ board of directors and shareholders.

The table below shows the dividends distributed to JBS’ shareholders in the respective periods:

Payment date Reference year Total amount (in R$) Amount per share (in R$) Minutes¹
06/17/2025 2025 2,218,116,370.00 1.0000 BDM 2025
05/14/2025 2025 4,436,232,740.00 2.0000  BDM 2024
01/15/2025 2024 2,218,116,370.00 1.0000  BDM 2024
10/07/2024 2024 4,436,232,740.00 2.0000  BDM 2024
06/29/2023 2023 2,218,116,370.00 1.0000 BDM 2023
11/24/2022 2022¹ 2,218,116,370.00 1.0000 BDM 2022
05/24/2022 2022 2,218,116,370.00 1.0000 BDM 2022
11/24/2021 2021¹ 2,373,866,570.00 1.0000 BDM 2021
08/24/2021 2021¹ 2,510,937,970.00 1.0013 BDM 2021
05/05/2021 2020 2,511,135,770.00 1.0167 BDM 2021
05/07/2020 2019 1,441,237,274.89 0.5406 BDM 2020
06/25/2019 2018 5,984,903.66 0.0022 BDM 2019
06/26/2018 2017 126,873,186.78 0.0468 BDM 2018
06/22/2017 2016 89,350,881.76 0.0330 BDM 2017
06/28/2016 2015 1,102,027,069.27 0.4055 BDM 2016
05/12/2015 2014 483,528,556.10 0.1674 BDM 2015
06/02/2014 2013 220,140,456.17 0.0767 BDM 2014
05/14/2013 2012 170,748,202.70 0.0595 BDM 2013
2011 There wasn’t payment of dividends BDM 2012
2010 There wasn’t payment of dividends BDM 2011
06/28/2010 2009 61,476,484.75 0.0244 BDM 2010
05/08/2009 2008 12,321,251.17 0.0088 BDM 2009
05/19/2008 2007 17,465,000.00 0.0123 BDM 2008

Note 1: Minutes of the Annual Shareholders’ Meetings that deliberated on the payment of dividends (Portuguese only)

Note 2: Interim Dividends

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