JBS N.V. 2026 Annual General Meeting Summary

The 2026 Annual General Meeting of JBS N.V. was held on April 30, 2026. The meeting addressed several key items, including the report on the company's financial and non-financial performance for the fiscal year 2025. JBS reported record sales with net revenue reaching US$86 billion, a 12% increase from 2024, and net income growing by 13% to US$2 billion, driven by strong performance from Pilgrim's Pride Corporation, JBS Australia, and Seara. The meeting also covered the policy on reserves and dividends, with profits for 2025 allocated to reserves. The implementation of the Dutch Corporate Governance Code 2025 was discussed, emphasizing the company's commitment to good governance. Key resolutions adopted included the approval of the annual accounts for 2025, discharge of the Directors for their performance in 2025, reappointment of directors including Gilberto Tomazoni, Jeremiah O’Callaghan, and others, and the reappointment of KPMG Accountants N.V. as the external auditor for 2026. Furthermore, authorizations were granted to the Board to issue shares, limit or exclude pre-emptive rights, acquire Class A Common Shares, and cancel shares. All voting items were adopted with significant majority support.