Marfrig Global Foods S A : BDM - Meeting 2020 Financial Statement

MARFRIG GLOBAL FOODS S.A.

Publicly-held Company CNPJ/ME No. 03.853.896/0001-40

NIRE No. 35.300.341.031

MINUTES OF THE BOARD OF DIRECTORS' MEETING

HELD ON MARCH 8, 2021

Date, Time and Venue: On March 8, 2021, at 04:00 p.m., at the head office of Marfrig Global Foods S.A. ("Company") located at Avenida Queiróz Filho, No. 1560, Block 5, Sabiá Tower, 3rd floor, Room 301, Vila Hamburguesa, ZIP Code 05314-000, in the City of São Paulo, State of São Paulo.

Call and Attendance: Call notice was waived considering the attendance of all the Company's Directors, Messrs. Marcos Antonio Molina dos Santos - Chairman of the Board of Directors, Alain Emilie Henry Martinet, Antonio dos Santos Maciel Neto, Herculano Aníbal Alves, Marcia Aparecida Pascoal Marçal dos Santos, Roberto Faldini, Roberto Silva Waack and Rodrigo Marçal Filho. In attendance the following members of the Company's Audit Committee, Messrs. Axel Erhard Brod, Eduardo Augusto Rocha Pocetti and Ricardo Florence dos Santos, in the discussion of matters within its authority.

Board: Chairman: Mr. Marcos Antonio Molina dos Santos; Secretary: Mr. Heraldo Geres.

Agenda: Resolve on: I) Management Report and the Financial Statements for the fiscal year ended on December 31, 2020; II) Technical Feasibility Study of the Deferred Tax Asset; III) Call for the Company's Ordinary and Extraordinary General Meeting to be held until April 2021.

Resolutions: After analyze and discuss the matters on the agenda, the members of the Board of Directors, by unanimous vote of those in attendance, decided to: I) Approve, without qualifications, the Management Report and the Financial Statements for the fiscal year ended December 31, 2020, accompanied by the Notes, the Grant Thornton Auditores Independentes' opinion and the Statutory Audit Committee's opinion; II) Approve the feasibility study for the recovery of Deferred Tax Assets, pursuant to CVM Instruction No. 371, of June 27, 2002, also analyzed by the Company's Audit Committee; III) Call the Company's Ordinary and Extraordinary General Meeting to be held until April 2021, under the Management Proposal that will be presented when the said meeting is called. The Board of Officers is authorized to take all measures and perform all acts

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necessary for the implementation of the resolutions adopted. Closing: There being no further business to discuss, this meeting was closed, from which theses minutes were drawn up, read, approved and signed by all those Directors in attendance. Signatures: Board: Chairman: Marcos Antonio Molina dos Santos; Secretary: Heraldo Geres. Members of the Board of Directors: Marcos Antonio Molina dos Santos - Chairman of the Board of Directors, Alain Emilie Henry Martinet, Antonio dos Santos Maciel Neto, Herculano Aníbal Alves, Marcia Aparecida Pascoal Marçal dos Santos, Roberto Faldini, Roberto Silva Waack and Rodrigo Marçal Filho.

I certify that this is a true copy of the minutes drawn up in the proper book.

São Paulo, March 8, 2021

__________________________________

Heraldo Geres

Secretary

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RCA - 03/08/2021 - DFs Analysis, OEGM Call