Guilherme Palhares

Lucas Ferreira

Gustavo Troyano

Henrique Brustolin

Leonardo Alencar

Lucas Mussi

Ricardo Boiati

Thiago Duarte

Giulia Zamiello

Guilherme Padares

Gustavo Trojanu

Heiko Brussellini

Isabella Simonato

Leandro Fontanesi

Pedro Fonseca

Renata Fonseca Cabral Sturani

Thiago Bertolucci

Thiago Bortoluci

- The **merger of shares** issued by BRF S.A. by Marfrig Global Foods S.A. **closed on September 22, 2025**.  **[1122491_0001292814-25-003362_ex99-1.htm:0]** 
- Following the merger, the boards of directors of both companies approved a **new organizational structure** and composition of the Board of Officers.  **[1122491_0001292814-25-003362_ex99-1.htm:0]** **[1122491_0001292814-25-003362_ex99-2.htm:0]** **[1122491_0001292814-25-003362_ex99-2.htm:1]** 
- **Miguel de Souza Gularte** was appointed **Global Chief Executive Officer**, and **Jose Ignacio Scoseria Rey** was appointed **Chief Financial, Investor Relations, Management and Technology Officer** for both BRF and Marfrig.  **[1122491_0001292814-25-003362_ex99-1.htm:0]** **[1122491_0001292814-25-003362_ex99-2.htm:1]** 
- Several executives are transitioning or departing, including **Marcel Sacco** from BRF and **Rui Mendonça Júnior** and **Tang David** from Marfrig.  **[1122491_0001292814-25-003362_ex99-1.htm:0]** **[1122491_0001292814-25-003362_ex99-2.htm:2]**

BRF S.A. and Marfrig Global Foods S.A. Announce Merger Closing and New Organizational Structure

- **BRF S.A. and Marfrig Global Foods S.A. announced the closing of their Merger of Shares on September 22, 2025**, following the satisfaction of all precedent conditions.  **[1122491_0001292814-25-003360_ex99-1.htm:0]** 
- As a result of the merger, Marfrig's share capital increased, and **602,799,006 Marfrig common shares will be issued** to BRF's shareholders.  **[1122491_0001292814-25-003360_ex99-1.htm:0]** 
- The exchange ratio for BRF shareholders is **0.8521 Marfrig common shares for each 1 BRF common share**.  **[1122491_0001292814-25-003360_ex99-1.htm:0]** 
- **BRF's shares ceased trading on B3 on September 22, 2025**, and new Marfrig shares will be credited to BRF shareholders' accounts on September 23, 2025, with Marfrig's shares trading under the ticker **MBRF3** on B3 starting the same day.  **[1122491_0001292814-25-003360_ex99-1.htm:0]** **[1122491_0001292814-25-003360_ex99-1.htm:1]**

BRF and Marfrig Announce Closing of Share Merger

- On **September 18, 2025**, BRF S.A.'s Board of Directors approved the **cancellation of 90,280,787 common shares** held in treasury, which will result in the company's capital stock being divided into **1,592,192,459 common shares**.  **[1122491_0001292814-25-003338_ex99-1.htm:0]** **[1122491_0001292814-25-003338_ex99-2.htm:1]** 
- The Board also approved requests to **delist its American Depositary Receipts (ADRs) from the New York Stock Exchange (NYSE)** and to **suspend its reporting obligations before the Securities and Exchange Commission (SEC)**.  **[1122491_0001292814-25-003338_ex99-1.htm:0]** **[1122491_0001292814-25-003338_ex99-2.htm:1]** **[1122491_0001292814-25-003338_ex99-2.htm:2]** 
- These actions, along with the conversion of the company's registration with the Brazilian Securities and Exchange Commission (CVM) from a category "A" to a category "B" issuer, are **subject to the closing of the Merger of Shares**, which is scheduled to occur on **September 22, 2025**.  **[1122491_0001292814-25-003338_ex99-1.htm:0]** **[1122491_0001292814-25-003338_ex99-2.htm:1]** **[1122491_0001292814-25-003338_ex99-2.htm:2]**

BRF S.A. Board Approves Share Cancellation, NYSE Delisting, and SEC Reporting Suspension

BRF (BRFS)