Corporate Taxpayer's ID (CNPJ/MF): 07.628.528/0001-59 Company Register Identification Number (NIRE): 35.300.326.237 Publicly Held Company
EXTRACT FROM THE MINUTES OF THE ORDINARY MEETING OF THE BOARD OF DIRECTORS HELD ON MAY 06, 2026Date, Time, Location: On May 6, 2026, at 4:00 p.m., held in hybrid format, at the office of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas, located in the City of São Paulo, State of São Paulo, at Avenida Rebouças, nº 2.984, 6th floor, CEP 05.402-500 ("Company" or "BrasilAgro").
Call Notice: The meeting was duly convened pursuant Article 20, first paragraph of the Bylaws and Article 4.3.1. of the Internal Regulations of the Company's Board of Directors.
Attendance: Attendance of all of the members of the Company's Board of Directors, namely: Eduardo Sergio Elsztain, Alejandro Gustavo Elsztain, Saúl Zang; Alejandro Gustavo Casaretto, Matias Ivan Gaivironsky, Eliane Aleixo Lustosa de Andrade, Isaac Selim Sutton, Isabella Saboya de Albuquerque; and João de Almeida Sampaio ("Directors"). It was also attended by André Guillaumon, President of the Company, invited to act as secretary of the meeting, as provided for in clause 10.2 of the Internal Regulations of the Board of Directors; Gustavo Javier Lopez, Chief Financial and Investor Relations Officer of the Company; and Humberto Peres Carvalho Lemos de Melo, Company's lawyer. The participation of Directors is hereby recorded by means of a written vote, as provided for in Articles 16, sole paragraph and Article 20, caput, of the Company's Bylaws.
Chair: President: Eduardo Sergio Elsztain; Secretary: André Guillaumon.
Agenda: To examine, discuss and deliberate on: (i) the intercompany merger of the subsidiary Yatay Agropecuaria S.A. by the subsidiary Yuchan Agropecuaria S.A.; (ii) the capital increase carried out by the Company in favor of the subsidiary Acres del Sud; (iii) the capital increase carried out by the Company in favor of the subsidiary Yuchan Agropecuaria S.A.; and (iv) the increase in the Company's global limit of loans and financing.
Resolutions: The Board Members, after the analysis and receipt of the necessary clarifications, unanimously and without reservations resolved:
the intercompany merger of the subsidiary Yatay Agropecuaria S.A. by the subsidiary Yuchan Agropecuaria S.A., as a corporate reorganization measure, aiming at simplifying the corporate structure of the economic group and increasing administrative efficiency;
the capital increase carried out by the Company in favor of the subsidiary Acres del Sud, through the capitalization of intercompany loans;
the capital increase carried out by the Company in favor of the subsidiary Yuchan Agropecuaria S.A., through the capitalization of intercompany loans; and
the increase in the Company's global limit of loans and financing, from R$ 800 million to R$
1.1 billion, authorizing the Company and its subsidiaries to contract loans and financing, as well
as to provide guarantees, related to the obligations assumed, up to the new global limit and in compliance with the terms of the Bylaws and the applicable internal policies.
Closing: As there was no further business to discuss, the Board of Directors meeting was adjourned, from which these minutes were drawn up, which, after being read and approved, were signed by all the Board Members.Signatories: Board Eduardo Sergio Elsztain, President; André Guillaumon, Secretary. Members of the Board of Directors: Eduardo Sergio Elsztain, Alejandro Gustavo Elsztain, Saúl Zang, Matias Ivan Gaivironsky, Alejandro Gustavo Casaretto, Isaac Selim Sutton, Eliane Aleixo Lustosa de Andrade, Isabella Saboya de Albuquerque, João de Almeida Sampaio
São Paulo, May 6, 2026.
André Guillaumon SecretaryPágina