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Ⓒ Marfrig Earnings Release | 3Q21 São Paulo , October 26 , 2021 , Marfrig Global Foods S.A. - Marfrig ( B3 Novo Mercado : MRFG3 and Level 1 ADR : MRRTY ) announces today its results for the third quarter of 2021 ( 3Q21 ) . Except where stated otherwise , the following operating and financial information is presented in nominal Brazilian real , in accordance with International Financial Reporting Standards ( IFRS ) , and should be read together with the income statement and notes to the financial statements for the period ended September 30 , 2021 filed at the Securities and Exchange Commission of Brazil ( CVM ) . • ○ ° Base Date : Oct. 25 , 2021 Market Cap : R $ 17,2 billion Stock Price : MRFG3 R $ 24,82 Shares Issued : 691,369,913 shares Consolidated Highlights 3Q21 • Net Revenue of R $ 23.6 billion ( + 40.4 % vs. 3Q20 ) Adjusted EBITDA of R $ 4.7 billion ( + 115.6 % vs. 3Q20 ) Adjusted EBITDA Margin of 20.0 % ( +700 bps vs. 3Q20 ) Net Income of R $ 1.7 billion ( + 148.7 % vs. 3Q20 ) Free Cash Flow of R $ 3.8 billion ( + 134.1 % vs. 3Q20 ) Operating Highlights NORTH AMERICA OPERATION • Net Revenue of US $ 3.2 billion ( + 43.2 % vs. 3Q20 ) • • Adjusted EBITDA of US $ 856.7 million ( + 166.7 % vs. 3Q20 ) Adjusted EBITDA Margin of 26.8 % ( +12.4 p.p vs. 3Q20 ) 888 Conference Call - English Wednesday - Oct. 27 , 2021 10 a.m. US Dial - in : TF : +1 844 204 8942 DI : +1 412 717 9627 Code : Marfrig www.marfrig.com.br | ri SOUTH AMERICA OPERATION • Net Revenue of R $ 6.9 billion ( + 44.1 % vs. 3Q20 ) . Adjusted EBITDA of R $ 300.6 million ( -40.5 % vs. 3Q20 ) Adjusted EBITDA Margin of 4.4 % ( -6.20 p.p vs. 3Q20 ) Other Highlights • • • Financial leverage measured by Net Debt / Adjusted EBITDA LTM ratio of 1.10x in Brazilian real and 1.07x in U.S. dollar Dividend Payment : R $ 958.4 million | Dividend yield of 7 % Further Processing : segment accounted for around 15 % of the Net Revenue of the South America Operation in 3Q21 , vs. around 11 % in 3Q20 Efficiency Program : gain of around R $ 15 million in 3Q21 over 2Q21 Capex in last 12 months of R $ 1.9 billion : in projects to expand organic growth and higher - value products Investor Relations Contacts ་ ་ Eduardo Puzziello Stephan Szolimowski Vinícius Saldanha +55 ( 11 ) 3792-8600 ri@marfrig.com.br Other Events Equity Investment : On October 20 , the final decision of CADE that approved , without restrictions , the acquisition of the shares of BRF occurred . 1