INSTITUTIONAL
PRESENTATION
4th QUARTER / 2024
SUMMARY
MARFRIG | 1 |
OPERATION | 2 |
Overview | |
North America | |
South America | |
OUR BRAND IS BLUE | 3 |
OUR DREAM IS GREEN! | |
FINANCIAL HIGHLIGHTS 4
Highlights
Consolidated
Cash Generation
Capital Structure
MARFRIG AT A GLANCE 5
MARFRIG
3
Milestones in | |||||||||||
OUR HISTORY | |||||||||||
Perdigão foundation | Perdigão issues ADRs in | ||||||||||
New York Stock Exchange | |||||||||||
First factory | Opening BRF | ||||||||||
1934 | 2000 | BRF | in Middle | Innovation | Acquisition | ||||||
East (Kezad - | Center in | ||||||||||
Sadia and | |||||||||||
UAE) | Jundiaí (SP) | of Turkey | |||||||||
Perdigão M&A | |||||||||||
operations | |||||||||||
Acquisition of | |||||||||||
food processing | |||||||||||
2003 | 2009 | 2013 | 2014 | plant in Saudi | |||||||
1944 | 1971 | 1991 | 2017 | Arabia | |||||||
(Dammam) | |||||||||||
Sadia | Sadia IPO | Sadia creates | Partnership with | ||||||||
foundation | Qualy brand | McDonald's | |||||||||
2021 | 2022 | 2023 | |||||||||
2000 | 2003 | 2007 | 2018 | 2020 | Marfrig acquires | Marfrig | Marfrig | ||||
minority | elected to | becomes | |||||||||
stake in BRF | BRF's Board of | controlling | |||||||||
Directors | shareholder at | ||||||||||
Campos del | BRF with a | ||||||||||
Purchase of 82% | 50.49% stake | ||||||||||
Tesoro acquisition | |||||||||||
Partnership with | Marfrig IPO | ||||||||||
of shares of | |||||||||||
Marfrig | McDonald's | National Beef | |||||||||
foundation | Marcos Molina | ||||||||||
Marfrig and BRF | |||||||||||
Chairman and | |||||||||||
Controller |
Broad portfolio with synergies among segments
MAIN BRANDS
In Natura
Poultry, pork, turkey and beef
Processed foods
Ready meals, sausages, franks, cold cuts, spreads, hamburger, canned food, cooked frozen and beef jerky
Pet
Dry and moist food and snacks
Ingredients
Viscera flour, fats and hydrolyzed
M A R F R I G
B E H I N D
OUR ACHIEVEMENTS
EXECUTIVE BOARD | TERM OF | EXPERIENCE |
OFFICE (YEARS)
CHAIR | Marcos Molina | 12+ |
Santos | ||
Antonio Maciel | 12+ | |
Neto | ||
Herculano | 1+ | |
Aníbal Alves | ||
INDEPENDENT | ||
MEMBERS | Roberto Silva | 1+ |
Waack | ||
Marcia A. M. | 12+ | |
Santos | ||
BOARD | Rodrigo | 12+ |
MEMBERS | Marçal Filho | |
Alain Emilie | 10+ | |
Martinet | ||
High corporate governance standards
SUPPORT COMMITTEES
AUDIT
- Antonio Maciel Neto*
- José Mauro Depes Lorga
- José Luiz Sanches
FINANCIAL
- Herculano Aníbal Alves*
- Tang David
- Marcia Aparecida Pascoal Marçal dos Santos
SUSTAINABILITY
- Roberto Silva Waack*
- Marcelo de Camargo Furtado
- Alain Emilie Martinet
- Paulo Pianez Junior
- Marcella Fernanda Marçal dos Santos
- Ana Yang
COMPENSATION, CORPORATE GOVERNANCE AND HUMAN RESOURCES
- Antonio Maciel Neto*
- Heraldo Geres
- Herculano Aníbal Alves*
- Marcos Fernando Marçal dos Santos
*Independent Member | 6 |
OPERATION
7
M A R F R I G
CONSOLIDATED GLOBAL FOOTPRINT AND MULTIPROTEIN
Proforma Consolidated Net Revenue of R$ 41.3 billion in 4Q24
UNITED KINGDOM
EUA
Commercial office
- 3 slaughter units
- 5 processing units
- Commercial office
BRAZIL (Headquarter)
⚫ 3 industrial complexes ⚫ 1 processing plant
⚫ 3 distribution centers ⚫ Commercial office
⚫ 38 Production facilities
⚫ 28 Distribution centers / 25 Transit Points ⚫ 4 Animal Feed Plants
ASIA
- 3 Commercial offices
- Commercial offices
- 13 Transit Points
AUSTRIA
URUGUAY
- 1 industrial complex
- 1 processing unit
- 1 feedlot
- Commercial office
- Commercial office
CHILE
- 4 distribution centers
- Commercial office
- Commercial office
MIDDLE EAST
⚫ Commercial Office ⚫ 2 production facilities ⚫ 11 distribution centers
PARAGUAY | SOUTH AFRICA | |
⚫ 1 production facilities | ⚫ Administrative office | |
ARGENTINA | ⚫ Commercial office | |
⚫ 1 industrial complex |
TURKEY
- 3 production facilities
- 19 distribution centers
- 3 Administrative Offices
- 3 Animal Feed Plants
⚫ 3 processing units | Beef |
⚫ Commercial office | BRF |
8
Overview
4Q24
+120 K | +120 | ||||
EMPLOYEES | COUNTRIES | ||||
R$ 41.3 BI | R$ 3.7 BI | R$ 4.4 BI | ||||
CONSOLIDATED NET | CONSOLIDATED | OPERATING CASH | ||||
REVENUE | EBITDAADJ. | FLOW | ||||
Cattle Sales Volume
12%
24%
64%
North America
South America
BRF
Breakdown by
Revenue Source
19%
49%
32%
Solid Markets
Expanding Markets
Others
Revenue by Currency
2%
26%
72%
US$
R$
Others
Consolidated Results are managerial and include only the results of the continued assets of the South America Operation in 4Q23 and 4Q24. The figures presented in the ITR do not consider the discontinued operations as of the third quarter of 2023.
N O R T H A M E R I C A | ||||
NORTH | HUMMELS | |||
ST. JOSEPH | IOWA | BALTIMORE | WHARF | CEO |
Slaughter and | ||||
Leather | Hamburger | Case ready | Tim Klein | |
processing | ||||
products. | ||||
40+ | ||||
years of experience | ||||
KANSAS CITY | ||||
High value-added | CFO | |||
processed products | ||||
Simon McGee | ||||
MOULTRIE | 25+ | |||
Case ready | ||||
years of experience | ||||
products | ||||
UNITED | ||||
STATES | ||||
O P E R A T I O N | ||||
NORTH | LIBERAL | DODGE CITY | ||
Slaughter and | Slaughter and | 9,849 | ||
processing | ||||
AMERICA | processing | |||
employees | ||||
10 |