Marfrig Global Foods : 2017 Practical Guide OSM

MESSAGE FROM MANAGEMENT

Dear Shareholders,

Marfrig Global Foods S.A., in keeping with its corporate governance policies and its commitment to transparency in its relations with investors, cordially invites you to attend the Annual Shareholders' Meeting set to convene on April 28 2017, at 10:00 a.m., at our registered office at Avenida Queiroz Filho, no 1560, Block 5 (Tower Sabiá), 3rd floor, Suite 301, Vila Hamburguesa, City and State of São Paulo, Postal Code (CEP) 05319-000, in accordance with the Call Notice published in the newspaper Valor Econômico and in the São Paulo state register Diário Oficial do Estado de São Paulo.

The effective participation of all shareholders in the Annual Shareholders' Meeting is extremely important and will give you an opportunity to discuss and vote on the matters on the agenda so that you can make an informed decision based on the information available.

As such, with the purpose of facilitating and encouraging the participation of its shareholders and reiterating its commitment to fostering the best practice of corporate governance, the Corporation voluntarily adopted the remote voting system established by Instruction 481/2009 amended by 561/15 and 570/15 issued by the Securities and Exchange Commission of Brazil (CVM), as amended. The instructions for exercising your vote using a remote voting ballot are detailed over the course of this document.

The matters to be decided in the Meeting are described in this Guide as well as in the Call Notice and Management Proposal. The pertinent documents are available at the registered office of the Company, on our Investor Relations website (www.marfrig.com.br/ri) and on the websites of the Brazilian Stock Exchange (BM&FBovespa) (www.bmfbovespa.com.br) and of the Securities and Exchange Commission of Brazil (www.cvm.gov.br). We hope this Guide contributes to the effective participation of all shareholders.

Cordially,

ANNUAL SHAREHOLDERS MEETING

• Date, Time and Place:

  The Annual Shareholders' Meeting was called to convene as follows:

  Date: April 28, 2017 Time: 10:00 a.m.

  Place: Avenida Queiroz Filho, no 1560, Block 5 (Tower Sabiá), 3rd floor, Suite 301, Vila Hamburguesa, City and State of São Paulo, Postal Code (CEP) 05319-000.

• Call Notice: The Call Notice for the Extraordinary Shareholders Meeting will be published as follows: Three times, in the issues of March 28, 29 and 30, 2017 of the newspaper Valor Econômico, and in the issues of March 28, 29 and 30, 2017 of the São Paulo state register Diário Oficial do Estado de São Paulo.
• Preliminary Clarifications:

Consistent with Article 125 of Brazilian Corporation Law (Federal Law 6,404/76), attendance by shareholders of record representing at least one quarter (¼) of the capital stock outstanding constitutes valid quorum for convening the Annual Shareholders Meeting. If quorum is not achieved, the Company will announce a new date for convening the Meeting on second call with the attendance of any number of shareholders.

Shareholders may attend the Meeting in person or through a duly appointed proxy. To facilitate participation, the Company is attaching two proxy appointment forms to this Guide.