Slide 1: Results 2Q24 JBS
Results 2Q24 JBS 1
Slide 2: Global Leadership
G l obal Lead ersh i p Aquaculture Plant - based and prote i ns business # 3 Eur o pe a n pr o du c e r o f pl a n t - ba se d p r o t e in #2 sa lmo n pr o duc e r in Australia P r epared Foods # 1 B r a zil i a n pr o du c e r o f plant - based # 2 in pr e pa r e d foo ds in B r az il # 1 in pr e
Slide 3: Long Term Growth Strategy
1 . En h a n ce Sca le in E xisti n g C a t e go r ies a n d Geo g r a p h ies 2 . In c r eas e a n d D iv e r si fy V a lu e - Ad d e d a n d B r a n d Portfolio Lon g Ter m Growt h Strategy Pursuing additional value - enhancing growth opportunities with financial discipline Improve operational per
Slide 4: Geographic & Protein Diversification
I n co m e Origi n Unite d Stat e s Brazil Australia Europe Canada Mexico 4 8% 29% 8% 7% 5% 3% B e e f P o r k L a m b P o u l t r y Aquaculture Leather Plant Bas ed C e n ter f o r In n o v a t i o n Cultivated Protein Prepared Foods South A m er i c a 1% M exic o & Cen tr al A m er i c a 6 % Brazi
Slide 5: Stability of Results
16 . 5 31. 1 36. 9 38. 6 42. 9 51. 2 48. 9 49. 0 51. 1 49 . 7 51. 7 52.3 65. 0 72.6 72. 9 75. 5 0. 7 17.6 0 . 6 2. 1 1. 9 2. 2 2 . 8 4. 7 4. 0 3 . 3 4. 2 4. 0 5. 0 5. 6 8. 5 6. 7 3. 5 5. 3 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 L TM 2Q24 Net S a l es E B I T
Slide 6: Value Added: Diversified Global Brands Portfolio
Valued Added: Diversified Globa l Brands P o rtfolio 6
Slide 7: Team Members
13 K T e a m m e m b e r s i n A u s t r a l i a a n d N e w Z e a l a n d 155 K T e am m e m b e rs i n Br a z i l 12 K T e a m m e m b e r s i n M e x i c o 19 K T e a m m e m b e r s i n E u r o pe 72 K T e am m e m b e rs i n t he U S A a n d C a n ad a La rgest Em p l o ye r in B r azi l : 155,
Slide 8: Top-rated company by global financial institutions in the food and beverage sector
Top - rated company by global financial institutions in the food and beverage sector. 2024 L a t i n Am e rica E x e cutive T e a m – Fo o d a n d B e ver a ge M o st H o nore d C o m pany Be s t C EO – 1st place ( 3r d c on secu t i ve y ea r ) Be s t C FO - 1st p l ace (3 r d c on secu t i ve y ea
Slide 9: Investments
Investments Brazil: Largest cattle facility in Latin America, Campo Grande - MS • R$ 150 million investment • Production capacity doubled • Creation of 2,300 new jobs Australia: Expansion of the Whale Point facility in Tasmania • R$ 400 million investment • Expansion of land - based salmon farming c
Slide 10: Sustainability
Sustainability Gree n Offices 2.0: Increase in small producer productivity - Service to 1,500 farms, with nearly 800,000 hectares under management - Service provided in three areas: Green Environmental Office Green Technical Assistance Office Green Managerial Assistance Office - Expectation to serve
Slide 11: Beyond Borders
Be y ond B o rders Through the Beyond Borders program, the Company offers its team members the opportunity to internationalize their professional careers by changing roles or extending their knowledge to another country, strengthening JBS's organizational culture worldwide. I n s ti t uto J&F Over 9
Slide 12: Financial & Operating
Fina n cial & Operating 12
Slide 13: 2Q24 Consolidated Results
- 264 2Q23 2Q24 1, 7 15 89,383 1 0 0, 6 06 2 Q 23 2Q 24 9, 8 88 11.1% 15,512 1 5 .4 % 2Q23 Gr o ss Ma r g i n ( % ) 2Q 24 Ne t R esult ( R $ m i ll i on) 2Q24 Con s olida ted R e sults A d ju s t ed E B I TDA ( R $ m i ll i on) 4, 4 70 9, 8 82 5. 0 % 9. 8 % 2Q23 Gr o ss Ma r g i n ( % ) 2Q 24 Ne t R
Slide 14: 2Q24 Consolidated Results: Cash Flow and CAPEX
Ope r ati n g C ash F l ow ( R $ m i ll i on) Fr e e Cas h F l ow ( R $ m i ll i on) 5, 2 61 9, 5 95 2Q 23 2Q 24 1, 2 59 5, 5 10 2Q 23 2Q 24 63 % - M aint ena nce 37 % - Expans i o n 51 % - M aint ena nce 49 % - Expans i o n 2Q24 Consolida ted Re s ults CAPEX ( R $ m i ll i o n ) 1, 9 51 14 1, 8 03
Slide 15: Debt Profile: Amortization Schedule
876 13 14 1, 0 73 988 686 1, 7 15 1, 6 77 2, 9 07 2, 5 98 2, 1 20 649 2, 4 13 884 450 2,895 3,853 C a s h a nd Eq u ivalent s S hort T er m 2025 2028 2031 2034 2035 to 2051 2052 2053 7, 1 98 2026 2027 C a sh a nd Eq u i va l e nts 2029 2030 Revo l v i ng cre d i t fac i l i t i es U S D 2 . 9 Bn i n
Slide 16: Debt Profile
N et Debt / Lever a g e / Intere s t Cover a g e Sou r c e Breakd o w n Curr e ncy and C ost Breakd o w n Sho r t Te r m and L ong Te r m LT 95. 3% ST 4. 7% ¹ Inclui dívidas em outras moedas, como Euros e dólares canadenses. Bo n ds 86% Ba n ks 3% CRA 11% E ntity Breakd o w n JB S U S A 87. 1 % JBS
Slide 17: Seara 2Q24
2, 0 19 4. 1 % 420 1 7 .4 % 2Q 23 2Q 24 10,310 11,595 2Q 23 2Q 24 Sea r a Prod u cts Se a ra N e t Re v e n ue (R$ m i ll i o n ) A dju s t e d EBITDA (R$ m i ll i on and % ) 2 Q24 17
Slide 18: JBS Brasil 2Q24
JBS BRA S IL Prod u cts 4.8% 1, 1 81 676 7. 6 % 2Q 23 2Q 24 13,986 15,547 2Q 23 2Q 24 J B S Br a sil N e t Re v e n ue (R$ m i ll i o n ) A dju s t e d EBITDA (R$ - m i ll i on and % ) 2 Q24 18
Slide 19: JBS Beef North America 2Q24
5, 8 11 5, 9 92 2Q 23 2Q 24 83 16 1. 4 % 0. 3 % 2Q 23 2Q 24 JBS BEE F N ORTH A MERICA Pro du cts J B S Beef North America N e t Re v e n ue ( U S G A A P - U S D m i ll i o n ) Adjusted EBITDA ( U S G A A P - U S D m i ll i o n a n d %) 2 Q24 19
Slide 20: JBS Australia 2Q24
JBS A USTR A LIA Prod u cts 130 202 8. 6 % 1 2 .2 % 2Q 23 2Q 24 J B S A u stralia 1, 5 09 1, 6 52 2Q 23 2Q 24 N e t Re v e n ue ( U S G A A P - U S D m i ll i o n ) Adjusted EBITDA ( U S G A A P - U S D m i ll i o n a n d %) 2 Q24 20
Slide 21: JBS USA Pork 2Q24
27 273 1. 5 % 1 2 .6 % 2Q 23 2Q 24 JBS U S A PORK Pro du cts J B S USA Pork 1, 7 77 2, 1 62 2Q 23 2Q 24 N e t Re v e n ue ( U S G A A P - U S D m i ll i o n ) Adjusted EBITDA ( U S G A A P - U S D m i ll i o n a n d %) 2 Q24 21
Slide 22: Pilgrim's Pride 2Q24
4, 3 08 4, 5 59 2Q 23 2Q 24 249 656 5. 8 % 1 4 .4 % 2Q 23 2Q 24 PPC Prod u cts Pil g rim’s Pride N e t Re v e n ue ( U S G A A P - U S D m i ll i o n ) Adjusted EBITDA ( U S G A A P - U S D m i ll i o n a n d %) 2 Q24 22
Slide 23: Export destinations of JBS during 2Q24
No t a 1: C o n s i d e ra C h i n a e H o n g K o n g E x po r t desti n ation s o f J BS during 2 Q 2 4 Consolida ted exports E x port s Revenu e in 2Q24: US$ 4 . 9 Bi +2 . 4 % vs . 2 Q 23 A s i a corresp o nded t o ~ 48% o f to t a l export s 20.5% Greater China¹ 16.1% USA 15.7% Africa & Middle E
Slide 24: JBS Bringing more to the table
JBS Bringing more to the table