2011 IUF Global Meat Conference T op 10 Meat Companies 1. JBS 6. - PowerPoint PPT Presentation

2011 IUF Global Meat Conference

T op 10 Meat Companies 1. JBS 6. Nippon Meat 2. 7. Smithfield Foods T yson Foods #1 JBS 3. Cargill 8. Marfrig Alimentos 4. Brasil Foods 9. Danish Crown 5. VION 10. Hormel Foods Source: www.foodengineeringmag.com “Top 100 Food and Beverage Companies”

Ten Largest Meat Companies in the World $40 Billions $35 $30 2010 Sales (USD) $25 $20 $15 $10 $5 $0 JBS Tyson Cargill Brasil VION Nippon Smithfield Marfrig Danish Hormel Foods Foods Food Meat Foods Alimentos Crown Foods Group Packers Conversion rates from close 3/30/2011

JBS – Company Facts • JBS is the largest Beef and Lamb producer in the world • JBS is the 2nd largest chicken producer in the world with a yearly slaughtering capacity of over 7.9 million birds • JBS is the 3rd largest pork producer in the U.S.

JBS – Other Operations • JBS is the leading lamb producer and exporter at 24,000 sheep daily • JBS is the global leader in leather tanning with a capacity of 82,300 hides daily • JBS is Brazil’s 3rd largest dairy producer with a daily production capacity of 5,400 tonnes.

JBS – Revenue by Geographic Region Other 3% South STILL WAITING ON DATA FOR Americas PILGRIMS PRIDE 24% U.S. and Australia 73%

JBS – Revenue by Segment 2009 Revenue Breakdown 2010 Revenue Breakdown Other Other Pork 0.4% 5% 13% Poultry 22% Beef 64% Beef Pork 87% 9%

JBS – Growth Revenue and Earnings BRL 60 BRL 300 Billions Millions BRL 200 BRL 50 BRL 100 BRL 40 BRL 0 BRL 30 -BRL 100 BRL 20 -BRL 200 BRL 10 -BRL 300 BRL 0 -BRL 400 2006 2007 2008 2009 2010

JBS – Acquisition and Diversification • 2007-2010 Acquisitions • Berzategui (ARG) • Colonia Caroya, (ARG) • SB Holdings (U.S.) • Maringa (BRA) • Swift Foods (USA) • Bertin SA (BRA) 2006 Revenue: (U.S.) $3.96 billion • Pilgrims Pride (USA) 2010 Revenue: $55 billion • T atiara Meat (AUS) • Rockdale Beef (AUS)

JBS – Geographic Presence • JBS has a presence in more than 100 countries, on 6 continents • 134 Slaughterhouses/Industrial Locations • 60 beef • 39 chicken • 3 pork • 32 other (lamb, leather, dairy, oils, etc.) • 128,000 employees

JBS – Labor Unions • UFCW • Australia: AMIEU • Italy: Flai-CGIL, Fai-CISL, Uila-UIL • Brazil: CUT & Força Sindical unions

JBS – Discussion Points • Recent Financial Results • Q2 2011 Ending June 30, 2011 • Net revenue of R$ 14.63 billion • Net loss of R$ 206 million • Down from net profit of more than $R 14 million for Q2 2010 • Recent Developments • Questions/Discussion

JBS – Discussion Points • Recent Developments Collective bargaining dispute at Rigamonti, September 2011