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Ownership Breakdown


The following table sets forth the principal holders of Marfrig outstanding common shares and their respective shareholdings:

Shareholders Shares %
(1) Controlling Shareholders 242,141,621 38.97%
(1) Board of Directors 100,153 0.02%
(1) Statutory Board 125,784 0.02%
Treasury Shares 9,089,319 1.46%
BNDES Participações S.A. 209,648,427 33.74%
Others 160,174,518 25.78%
TOTAL 621,279,822 100.00%

(1) Acording to CVM Rule 358 - October 2019
(2) As announced by the Company on 04/04/2018

Note: Controlling Shareholders' group consists of MMS Participações Ltda. and its members individually. The MMS Participações Ltda. is controlled by Marcos Antonio Molina dos Santos and Marcia Aparecida Pascoal Marcal dos Santos, each with 50% stake.