As set forth in the Bylaws, eligibility to Board membership includes aspects such as having an unblemished reputation, not holding positions with competitors or representing conflicting interests. Members of the Board, as well as of the Committees and the Executive Board, are subject to a formal individual performance evaluation tool that includes a 360-degree evaluation and addresses sustainability-related issues.
Mr. Marcos Antonio Molina dos Santos is Chairman of Marfrig’s Board of Directors. The executive is a specialist in product development and innovation, with over 30 years of experience in the food industry and has over 30 years’ experience in the food sector, having started his professional activity at the age of 16, when he opened his first business: a food distribution company. Since Marfrig was set up, Mr. Molina has been active with Marfrig’s key clients, strengthening commercial relationships at national and international level, which have enabled the development and evolution of industrial and quality processes, with a view to exceeding expectations in the global scenario. Mr. Molina is also a partner and CEO of MMS PARTICIPAÇÕES LTDA. which is the Company’s controlling shareholder. In the last five years, Mr. Molina has not been convicted of any (i) criminal offense, (ii) CVM administrative proceeding or (iii) final and unappealable judicial or administrative offense that has suspended or disqualified him from practicing any professional or commercial activity. Mr. Molina has declared that he is not a Politically Exposed Person, under the terms of CVM Resolution 50/21, as amended, as he does not fit into any of the situations that characterize a Politically Exposed Person.
Ms. Marcia Aparecida Pascoal Marçal dos Santos has been a member of Marfrig’s Board of Directors since March 2007. She has extensive experience at Marfrig, having been responsible for the financial area from 2000 to 2006 and for the internal audit team from 2000 to 2006. In addition, Ms. Marçal dos Santos actively participates in the Marfrig Fazer e Ser Feliz Institute for Social Responsibility, as President Director. Ms. Marcia Aparecida Pascoal Marçal dos Santos is also a partner and vice-president of MMS PARTICIPAÇÕES LTDA. which is Marfrig’s parent company. Ms. Marçal dos Santos has not been convicted in the last five years of any (i) criminal offense, (ii) CVM administrative proceeding or (iii) final and unappealable judgment, in the judicial or administrative sphere, that has suspended or disabled her from practicing any professional or commercial activity. Ms. Marçal dos Santos declared that she is not a Politically Exposed Person, under the terms of CVM Resolution 50/21, as amended, as she does not fit into any of the situations that characterize a Politically Exposed Person.
Mr. Tang David, 50 years old, joined Marfrig in 2007 and served as Controller Director, Director of Internal Audit and Executive Officer with no Specific Title. He worked for 11 years (starting in 1991) in the Treasury department of Asea Brown Boveri – ABB Brasil, where his last position was Executive Officer of Banco ABB S.A. (financial arm of ABB Brasil). He worked for 4 years (between 2002 and 2006) in the Treasury department of JBS Friboi and his last position was as controller of the in-Natura Division.
In addition to the Audit Committee, established by the bylaws, the Board of directors approved the constitution of advisory committees, composed of members of the board and external members to deal with issues related to: Finance and Risk Management; People, Governance, Organization and Culture; Sustainability.
The Company also have a Disclosure Committee in accordance with the Sarbanes-Oxley Rules.
Members: Augusto Marques da Cruz Filho (coordinator), Eduardo Augusto Rocha Pocetti and Esmir de Oliveira (external member)
BRF’s Directors are its legal representatives, mainly responsible for its management and in full compliance with strategic guidelines as set forth by the Executive Board members and approved by the Board of Directors.
Mr. Miguel Gularte has a degree in veterinary medicine from URCAMP (RS) and has 40 years of experience in the meat industry. He started his professional career at Cooperativa Industrial de Carnes e Derivados (Cicade), where he held several positions, such as Quality Control Manager, Manager and Industrial Director. In 1996, he moved to Uruguay where he joined the PUL meatpacker, where he worked as a Commercial Director, General Director, President and partner. In 2011, Miguel led the sale of the PUL meatpacker to Minerva Foods, becoming Minerva’s International Vice President, a position he held until June 2013. In 2015 he became President of JBS Mercosul responsible for the Divisions: Meat, Leathers and New Business in Brazil and for JBS Argentina, Uruguay and Paraguay. Since 2018 he was at Marfrig Global Foods, where he held the position of South America CEO.
Mr. Artemio Listoni has more than 40 years in agribusiness, started his career at the former Sadia Alimentos S.A. in 1981 until 1995, having returned to the Company from 2006 to 2008. With experience in technical assistance for animal producers, he has also held the direction of the meat division of JBS in Argentina, Paraguay and Uruguay and the direction of South American Operations at MARFRIG.
Graduated in Veterinary Medicine from the University of Passo Fundo in Rio Grande do Sul, he has 18 years of experience in Agribusiness. He began his career at Sadia/BRF, holding various positions within the company’s Agricultural and Industrial Operation. From 2017 to 2021, he works as Industrial Director and General Director of Agriculture. In 2021, he assumed the position of Executive Director of Agriculture and Global Quality at BRF. Finally, Mr. Stumpf became Vice President of Agro and Quality at BRF S.A.
Mr. Fabio Luis Mendes Mariano holds a degree in Business Administration and a postgraduate degree in Banking from Universidade Presbiteriana Mackenzie, an MBA from the University of Pittsburgh Katz Graduate School of Business and a specialization in financial markets from Fundação Getúlio Vargas – FGV. Mr. Fabio Luis Mendes Mariano has 22 years of experience in companies such as Bank Boston, Dupont do Brasil, and on BRF, where he accumulates 14 years and occupied the position of CFO LATAM and General Manager of BRF Alimentos Calchaquí, in Argentina. In 2017, he returned to Brazil as Chief Financial Officer and since 2019 he has served as Vice-Chairman of the Board of BRF Previdência.
Mr. Heraldo has a law degree and has been a member of the Brazilian Bar Association since 1994. He has a post-graduate degree in Tax Law from the Pontifical Catholic University of São Paulo (PUC-SP), studied Business Administration at PUC-SP, has a partial master degree in Political and Economic Law at Mackenzie Presbyterian University and also is Certificated Global Business Administration from the Thunderbird School of Business (USA).
José Ignácio holds a degree in Accounting from Universidad de la República in Uruguay and a postgraduate degree in Finance. He has over 18 years of experience at companies such as Zenda and Towers Watson, as well as Marfrig, where he previously held the positions of CFO for the Southern Cone and Finance Director. In April 2025, he assumed the role of Vice President of Administration and Controls at BRF. In September 2025, he became the Chief Financial, Investor Relations, Management and Technology Officer (CFO) at MBRF.
Mr. Dallorto holds a degree in Mechanical Engineering from Federal University of Espírito Santo, with master’s degree and Ph.D. in industrial engineering from Pontifical Catholic University of Rio de Janeiro (PUC-RJ) and an MBA from Dom Cabral Foundation. Mr. Leonardo Dallorto has an 18-year experience, the last 10 years holding executive positions. He initiated his career at Vale in 2002 in Railway and Port logistics area and took part in the company’s international expansion, working in projects in Canada, India, and Africa. Between 2007 and 2011, he served at the consulting firm McKinsey&Co focused on Supply Chain, Procurement, Strategy and M&A of different sectors companies in Latin America. Mr. Dallorto joined BRF in 2011 and since 2012 he has been serving as Officer, heading the Supplies, Integrated Planning area. As Officer at the Commercial VP Brazil, he led the Logistics and South Region units, developing customer relationship programs, GTM, and review of distributors’ role in the region. As Industrial Operations Officer, he took part in definitions of manufacturing footprint and led the productivity project (Guide). Since 2018, Mr. Leonardo has been serving as VP of Integrated Planning & Supply Chain.
Graduated in Business Administration from the Pontifical Catholic University of São Paulo, PUC/SP, with a specialization in Marketing and Retail from FIA/USP and ESPM, respectively. He has 23 years of professional experience in the consumer goods industry, in the domestic and international market (Middle East and Latin America). Mr. Manoel Martins, has worked in companies such as Perdigão, Associate British Food, JBS and BRF. Finally, Mr. Manoel Martins became Vice President Commercial Brazil at BRF S.A.
In 2024, the aggregate total compensation paid to members of the board of directors, fiscal council and audit and integrity committee and executive officers (including salaries, profit sharing payments and benefits) was R$116.8 million. In order to determine the values of the variable compensation, the performance of the executives is considered through the prior establishment of global goals and areas, such as, EBITDA, ROIC, TSR, free cash flow, net income, net profit, technical KPIs and performance KPIs, safety index, productivity and KPIs with ESG interface through BRF+, our operational efficiency program. This methodology follows best market practices and provides reasonable maximum amounts while ensuring our market competitiveness in terms of compensation and retention.
