JBS REACHES AGREEMENT TO SELL CATTLE FEEDING OPERATION IN CANADA

São Paulo, July 14, 2017 – JBS S.A. communicates to its shareholders and to the market in general that its indirect subsidiary, JBS Food Canada Inc. (“JBS Canada”), has reached an agreement to sell its beef cattle feed yard and adjacent farmland in Brooks, Alberta, Canada, to MCF Holdings Ltd. (“MCF”) for $50 million CAD (approximately US$40 million).

 

Under terms of the agreement, MCF will continue to supply cattle to the JBS Canada beef processing facility in Brooks.

 

Completion of the transaction is subject to regulatory review and approval.

 

Any facts regarding this matter considered relevant will be promptly disclosed to the market.