Sustainability Report

Environmental, Social and Governance

JBS 2020

Alberice Rodrigues, Technical Instructor, Nuporanga-SP processing unit, Brazil.

SUSTAINABILITY REPORT - JBS 2020

INDEX

Mission and Values

Message from the Global CEO

Message from the Chairman of the Board of Directors

To read this report Sustainability as a strategy

Materiality and stakeholder engagement

JBS 2030 Global Goals 2020 Highlights

JBS AROUND THE WORLD

  • Governance and risks
  • Global performance
  • Strategy
  • Quality and food safety
  • Innovation

Commitment to sustainability

  • Product integrity
  • Social responsibility
  • Environmental stewardship
  • Animal welfare
  • Ethics and compliance

Financial and operating results

JBS IN BRAZIL

  • 2020 Highlights
  • Profile
  • Our business
  • Value Chain
  • Customers and consumers
  • Quality and food safety
  • Innovation
  • Partnerships and associations

Commitment to sustainability

  • Product integrity
  • Social responsibility
  • Environmental stewardship
  • Animal welfare
  • Ethics and compliance
  • Performance
  • Prospects and challenges

Index 2

JBS USA

  • 2020 Highlights
  • Profile
  • Our business
  • Customers and consumers
  • Quality and food safety
  • Innovation
  • Partnerships and associations

Commitment to sustainability

  • Product integrity
  • Social responsibility
  • Environmental stewardship
  • Animal welfare
  • Ethics and compliance
  • Performance

GRI CONTENT INDEX

CREDITS

SUSTAINABILITY REPORT - JBS 2020

Mission and Values

3

MISSION AND VALUES

GRI 102‑16

Our mission

To be the best in all that we do, completely focused on our business, ensuring the best products and services for customers, a relationship of trust with our suppliers, profitability for our shareholders and the opportunity of a better future for all of our team members.

Our values

  • Availability
  • Determination
  • Discipline
  • Humility
  • Ownership
  • Simplicity
  • Sincerity

Our beliefs

  • Product quality
  • Focus on details
  • Take a hands-on approach
  • Our achievements are based on hard work
  • The right person in the right place
  • Passion for what we do
  • Attitude is more important than knowledge
  • Leaders must gain their team's trust
  • Lead by example
  • Focus on results
  • Work with people better than us
  • Belief makes the difference

SUSTAINABILITY REPORT - JBS 2020

MESSAGE FROM THE GLOBAL CEO

GRI 102-14,102-15

Message from the Global CEO 4

Feeding the world and people with the best there is and in an increasingly sustainable manner. That is our aspiration at JBS. This is what drives us on to overcome challenges and make a difference in the world. In 2020, facing unprecedented challenges we put people and the planet first, as the actions and initiatives we describe in this Sustainability Report show.

Sustainability is the foundation of our business strategy, and this focus led us to the achievements we will present in the following pages. A solid foundation on which it was possible, in 2021, to make our most significant commitment: to be Net Zero by

2040. We are going to achieve net zero greenhouse gas emissions by reducing direct and indirect emission intensities, while offsetting residual emissions.

It is a bold target, but we are certain it is achievable. We are going to invest US$ 1 billion over the next ten years in initiatives to achieve this objective, of which US$ 100 million will go to scientific research in the search for new solutions.

This new commitment reflects our trajectory and the fast and excellent way in which we operate. Every day, from breakfast to dinner, millions of families consume food produced by JBS around the globe. Throughout 2020, our global brands innovated to respond to and anticipate the changes in consumption, offering a diversified portfolio of products for the demands that arose in a rapidly transforming world.

The pandemic has been a massive demonstration of the resilience of our company and our entire global

Gilberto Tomazoni

Global CEO

SUSTAINABILITY REPORT - JBS 2020

Message from the Global CEO

5

Sustainability is the foundation of our business strategy. A solid foundation on which it was possible, in 2021, to make our most significant commitment: to be Net Zero by 2040

team - 250,000 team members, 145,000 in Brazil alone, which makes JBS the country's largest employer. Our teams showed courage and determination, continuing to perform their essential functions of feeding the world in a safe and responsible manner.

To stop producing was never an option, which is why we have boosted our investments in the health and safety of our team members, injecting R$ 2.1 billion globally, with the emphasis on preventing COVID-19. We have adopted rigorous measures at all our facilities, and we have retained the consultancy of well- known infectologists and benchmark institutions that have supported us in building the protection protocol for our operations worldwide.

We have also supported the communities where we are located, with the programs "Hometown Strong", in The United States and Canada, and "Good Deeds Are Good" in Brazil, with a positive impact in hundreds

of cities. This work continues in 2021, always with the objective of leaving a long-lasting legacy.

Caring for people was what enabled us to deliver good financial results, even in an atypical year, which is essential for the long-term survival of our business.

But we have also made progress in our responsibility to the planet. In the following pages, you will get to know our sustainability program in a variety of areas that have received a total investment of R$ 5 billion.

We have pushed ahead with renewable energy in all our operations, on the path to Net Zero 2040. Solar energy is arriving at our facilities, as well as electric trucks. JBS also has a high-profile position in the circular economy, like the production of bio- diesel and organic fertilizer from the waste produced by our production process. Around 50% of the total waste generated by our global operations was recycled in 2020.

JBS has zero tolerance with defor- estation. For more than 10 years we have been monitoring 100% of our suppliers. And in 2020, we took a major step to ensure a supply chain free from illegal deforestation at the suppliers of our suppliers: using blockchain technology, the Transparent Livestock Farming Platform will enable us to extend to them the socioenvironmental monitoring we impose on our suppliers.

With the JBS Fund for the Amazon, we have gone beyond our production chain by supporting sustainable social and economic development projects in the biome, benefiting smallholders and communities, promoting growth, innovation and technical training. The Company will invest R$ 250 million over five years. Six projects have already been approved, and as partner investors join us we will be able to do even more.

We weathered a year like 2020 thanks to our people, our culture and our capacity to innovate. These have allowed JBS to operate in an excellent manner, growing, responding to new standards of consumption, setting ourselves apart and presenting consistent results year after year for our team members, clients, consum- ers, shareholders, investors and the community. Because a company will only truly prosper when the community where it is located prospers.

Gilberto Tomazoni

Global CEO

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JBS SA published this content on 13 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2021 20:44:09 UTC.