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MARFRIG GLOBAL FOODS S.A.
A Public Company
Taxpayer ID (CNPJ/MF) 03.853.896/0001-40
State registration (NIRE) 35.300.341.031
MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS
HELD ON MARCH 30, 2015
Date, Time and Place. Meeting of the board of directors of Marfrig Global Foods S.A. (“Company”)
located at Avenida Chedid Jafet 222, Tower A, 5th floor, Suite 01, district of Vila Olimpia, Postal
Code (CEP) 04551-065, in the City of São Paulo, State of São Paulo, held via conference call on
March 30, 2015, at 9 a.m.
Call notice and attendance: Call notice regularly given to all directors of the Company.
Attending the meeting were Mr. Marcos Antonio Molina dos Santos, Chairman of the Board, Ms.
Marcia Aparecida Pascoal Marçal dos Santos and Messrs. Rodrigo Marçal Filho, Alain Emilie
Henry Martinet, Antonio dos Santos Maciel Neto, Marcelo Maia de Azevedo Correa and Carlos
Geraldo Langoni.
Presiding Officers: Marcos Antonio Molina dos Santos - Chairman; Mr. Heraldo Geres Secretary.
Agenda. Deciding on the execution of an agreement contemplating the termination of the lease
and acquisition of industrial plants owned by Frigorífico Mercosul S.A.
Decisions. Having reviewed and debated the topics in the agenda, the members of the Board
of Directors in attendance of the meeting decided, by unanimous vote, to confirm the execution
of an agreement between the Company and Frigorífico Mercosul S.A. terminating the lease and
agreeing the acquisition of the ownership of industrial plants located in Capão do Leão (state of
Rio Grande do Sul), Mato Leitão (state of Rio Grande do Sul), Pirenópolis (state of Goiás),
Tucumã (state of Pará), Nova Londrina (state of Paraná) and Alegrete (state of Rio Grande do
Sul), which have been part of the Company’s business operations since November 2009. The
transaction has been priced at approximately R$418 million payable in nine years with a threeyear grace period. The actual ownership transfer may take place either through direct purchase
of the assets or otherwise by means of the acquisition of the company holding title to the industrial
plants, pending completion and assessment of the due diligence process now in course and
issuance of the relevant corporation authorizations. Furthermore, Management has been
authorized to take any action necessary or convenient for the implementation of the above
decision, including by executing contractual addenda and additional related documents, and by
deciding the manner by which the acquisition will be consummated and title to the assets
transferred.
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MARFRIG GLOBAL FOODS S.A.
Board of Directors Meeting – March 30, 2015 –Mercosul Approval.
Closing. There being no further business to transact, these minutes were drawn up in the proper
register, subsequently read, found to conform, approved and signed by all directors in
attendance. Signatures - Presiding Officers: Mr. Marcos Antonio Molina dos Santos, Chairman;
Mr. Heraldo Geres, Secretary. Members of the Board of Directors: Marcos Antonio Molina dos
Santos, Marcia Aparecida Pascoal Marçal dos Santos, Rodrigo Marçal Filho, Alain Emilie Henry
Martinet, Antonio dos Santos Maciel Neto, Marcelo Maia de Azevedo Correa and Carlos Geraldo
Langoni.
I certify this is a true copy of the minutes drawn up in the proper register.
São Paulo, March 30, 2015.
________________________________
Heraldo Geres
Secretary
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MARFRIG GLOBAL FOODS S.A.
Board of Directors Meeting – March 30, 2015 –Mercosul Approval.