PILGRIMS PRIDE CORP

Company Overview Pilgrim’s Pride Corporation (referred to herein as Pilgrim’s, PPC, the Company, we, us, our, or similar terms) is primarily engaged in the production, processing, marketing and distribution of fresh, frozen and value-added chicken and pork products to retailers, distributors and foodservice operators. JBS S.A., through its indirect wholly-owned subsidiaries (together, JBS ), beneficially owns 82.28% of our outstanding common stock. We market our balanced portfolio of fresh, prepared and value-added meat products to a diverse set of customers across the U.S., the U.K. and Europe, Mexico and in over 120 other countries. Our sales efforts are largely targeted towards the foodservice industry, principally chain restaurants and food processors, such as Chick-fil-A and retail customers, including grocery store chains and wholesale clubs, such as Kroger , Costco , Publix and H-E-B in the U.S., chain restaurants such as McDonald’s and grocery store chains such as Sainsbury’s, Tesco and Waitrose in the U.K. and Europe, and grocery store chains such as Wal-Mart in Mexico. As a vertically integrated company, we are able to control nearly every phase of the production process, which helps us manage food safety and quality, control margins and improve customer service. Our plants are strategically located to ensure that customers timely receive fresh products.