Minerva S.A. ("Company"), one of the leaders in South America in the production and sale of fresh beef, live cattle and cattle byproducts, with operations also in the beef, pork and poultry processing segments, hereby informs its shareholders and the general market that it has received from the Qualification and Certification Division of the Brazilian Ministry of Agriculture, Livestock and Supply (MAPA), with the concurrence of the United States Department Agriculture (USDA), the information that, from this date on, its slaughtering units located in Barretos city (capacity of 840 heads/day) and in Palmeiras de Goiás city (capacity of 2,000 heads/day) are authorized to export fresh beef to the United States.
The U.S. import system is based on specific quotas depending on the country or group of countries, and Brazil has not yet been assigned a quota. Therefore, the country will initially be included under the "Other" quota (with a total equivalent to 64,800 ton/year), where countries such as Chile, Costa Rica, El Salvador, Honduras, Nicaragua and the Dominican Republic, together, are also able to export do USA.
The Company reaffirms its commitment to keep the shareholders and the market in general informed about any developments of this as well as any other relevant matters.
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Source: Minerva S.A.