Revenue: As of FY2026 Q2, the actual value is USD 23.9 B.

EPS: As of FY2026 Q2, the actual value is USD -0.1.

EBIT: As of FY2026 Q2, the actual value is USD 473.5 M.

Operational Metrics: Leadership Transition

Effective January 2027, Mr. Wesley Batista Filho will assume the role of Global CEO of JBS N.V., bringing 15 years of experience at JBS N.V. including leadership positions such as CEO of JBS Brazil, President of Seara, and CEO of JBS USA since 2023.Mr. Gilberto Tomazoni will step down as Global CEO in January 2027 after 14 years with JBS N.V., and will transition to Vice Chairman of the Board of Directors and Senior Advisor, while also continuing as Chairman of Pilgrim’s Pride Corporation (PPC) and becoming Chairman of the J&F Institute.During Mr. Tomazoni’s tenure as Global CEO, JBS N.V.’s revenue grew 73%, increasing from US$49.7 billion to US$86.2 billion.

Net Income Attributable to JBS N.V.

For the second quarter of 2026, JBS N.V. reported a net income attributable to JBS N.V. of - $102 million, compared to $528 million in the second quarter of 2025.For the six months ended 2Q26, net income was $118 million, down from $1,028 million in the six months ended 2Q25.The company reported an adjusted net income of $218 million for the quarter, translating to adjusted EPS of $0.20.

Adjusted EBITDA (IFRS)

Adjusted EBITDA for 2Q26 was $1,429 million, an 18% decrease from the prior year.For the six months ended 2Q26, Adjusted EBITDA was $2,563 million, a 21.9% decrease from the six months ended 2Q25.The Adjusted EBITDA margin for 2Q26 was 6.0%, compared to 8.4% in 2Q25.

Adjusted EBITDA (USGAAP)

USGAAP Adjusted EBITDA for 2Q26 was $1,257 million, an 8% decrease from the prior year.For the six months ended 2Q26, USGAAP Adjusted EBITDA was $2,173 million, an 18.9% decrease from the six months ended 2Q25.The USGAAP Adjusted EBITDA margin for 2Q26 was 5.3%, compared to 6.5% in 2Q25.

Adjusted Operating Income (IFRS)

Adjusted Operating Income for 2Q26 was $790 million, a 34% decrease from the prior year.For the six months ended 2Q26, Adjusted Operating Income was $1,306 million, a 40.1% decrease from the six months ended 2Q25.The Adjusted Operating Income margin for 2Q26 was 3.3%, compared to 5.7% in 2Q25.

Adjusted Operating Income (USGAAP)

USGAAP Adjusted Operating Income for 2Q26 was $866 million, a 16% decrease from the prior year.For the six months ended 2Q26, USGAAP Adjusted Operating Income was $1,410 million, a 30.6% decrease from the six months ended 2Q25.The USGAAP Adjusted Operating Income margin for 2Q26 was 3.6%, compared to 4.9% in 2Q25.

Gross Profit (IFRS)

Gross Profit for 2Q26 was $2,588 million, compared to $2,833 million in 2Q25.For the six months ended 2Q26, Gross Profit was $4,913 million, compared to $5,457 million in 2Q25.

Operating Income (IFRS)

Operating Income for 2Q26 was $597 million, compared to $1,105 million in 2Q25.For the six months ended 2Q26, Operating Income was $1,082 million, compared to $1,988 million in 2Q25.

Net Finance Expense (IFRS)

Net Finance Expense for 2Q26 was - $696 million, compared to - $376 million in 2Q25.For the six months ended 2Q26, Net Finance Expense was - $1,010 million, compared to - $568 million in 2Q25.

Free Cash Flow

Free cash flow improved by US$185 million year-over-year, reaching a positive US$130 million in 2Q26, compared to a cash consumption of - US$55 million in 2Q25.This improvement was primarily driven by a US$600 million improvement in receivables and a US$390 million increase in payables, partially offset by a US$324 million decline in Adjusted EBITDA, a US$129 million increase in net cash interest expenses, and a US$163 million increase in capex.

Cash provided by operating activities

Cash provided by operating activities for 2Q26 was $1,242 million, compared to $773 million in 2Q25.For the six months ended 2Q26, it was $794 million, compared to $488 million in the six months ended 2Q25.

Leverage

Net leverage ended 2Q26 at 3.1x, compared to 2.27x in 2Q25, slightly exceeding the company’s long-term target.

Debt Profile

The average debt term reached 15.3 years, with an average cost of 5.7%.JBS N.V. increased its revolving credit facility from US$3.5 billion to US$4.2 billion in August, bringing total liquidity to US$7.7 billion.

Net Sales

JBS N.V. reported record net sales of $23.9 billion in 2Q26, representing a 14% increase from the prior year.

Interest Coverage (Adjusted EBITDA LTM / Net Interest Expenses LTM)

For the twelve months ended 2Q26, this ratio was 5.00x, compared to 7.74x for the twelve months ended 2Q25.

ROE LTM

For the twelve months ended 2Q26, ROE was 13.4%, compared to 25.7% for the twelve months ended 2Q25.

ROIC LTM

For the twelve months ended 2Q26, ROIC was 13.4%, compared to 17.0% for the twelve months ended 2Q25.

Segment Performance (2Q26 IFRS vs. 2Q25 IFRS)

• JBS Beef North America: Net Sales increased by 14.2% to $7,770 million. Gross Profit was $109 million, up from - $21 million. Adjusted EBITDA was - $78 million, an improvement from - $233 million.
• Pilgrim’s Pride: Net Sales decreased by -2.8% to $4,623 million. Gross Profit was $620 million, down from $944 million. Adjusted EBITDA was $503 million, down from $818 million, with margin decreasing by -6.3 percentage points to 10.9%.
• JBS Brazil: Net Sales increased by 28.0% to $4,585 million. Gross Profit was $625 million, up from $549 million. Adjusted EBITDA was $269 million, up from $229 million.
• Seara: Net Sales increased by 18.2% to $2,560 million. Gross Profit was $612 million, up from $573 million. Adjusted EBITDA was $380 million, down from $392 million, with margin decreasing by -3.2 percentage points to 14.9%.
• JBS Australia: Net Sales increased by 30.0% to $2,565 million. Gross Profit was $334 million, down from $401 million. Adjusted EBITDA was $231 million, down from $290 million, with margin decreasing by -5.7 percentage points to 9.0%.
• JBS USA Pork: Net Sales increased by 1.0% to $2,079 million. Gross Profit was $254 million, down from $359 million. Adjusted EBITDA was $117 million, down from $254 million, with margin decreasing by -6.7 percentage points to 5.6%.

Outlook / Guidance

The report discusses the forward-looking nature of statements, noting they are subject to risks and uncertainties, and are not guarantees of performance.No specific financial guidance or quantitative targets for future performance are provided in the document.The announcement outlines general strategic priorities for the future, such as supporting team members, serving customers and producer partners, operating with excellence, and creating long-term value for shareholders.