JBS N.V.

JBS N.V. announced a planned leadership transition, with Wesley Batista Filho appointed as Global CEO, effective January 2027. He will succeed Gilberto Tomazoni, who will transition to Vice Chairman of the Board and Senior Advisor. Concurrently, the company reported Q2 2026 net sales of $23.9 billion, a 14% increase year-over-year, but posted a net loss of $102 million, compared to a net income of $528 million in the prior year. Adjusted EBITDA decreased by 18% to $1,429 million.

JBS N.V. reported record net sales of $23.9 billion in the second quarter of 2026, marking a 14% increase year-over-year. However, the company posted a net loss of $102 million, a significant decline from a $528 million profit in the prior year, with Adjusted EPS falling to $0.20 from $0.52. Profitability was pressured by a tough comparison base and increased live cattle prices, leading to an 18% decrease in IFRS Adjusted EBITDA to $1,429 million. In response to market conditions, JBS announced the closure of two plants in North America and restructured its U.S. beef operations, while also returning $1 billion to shareholders through dividends and increasing its revolving credit facility to $4.2 billion.

JBS N.V. announced a planned leadership transition, with Wesley Batista Filho set to become Global CEO in January 2027, succeeding Gilberto Tomazoni. This comes as the company reported a significant decline in profitability for the second quarter and first half of 2026, including a net loss of $96.18 million for Q2. Additionally, JBS N.V. formed a joint venture with PT Danantara Investment Management, which will invest $2.5 billion for a 25% stake in JBS's Australia and New Zealand businesses.

JBS N.V. announced that Wesley Batista Filho will become the new Global CEO, effective January 2027, as part of a planned leadership transition. Current Global CEO Gilberto Tomazoni will step down after 14 years with the company, including eight years as CEO, and will assume the roles of Vice Chairman of the Board and Senior Advisor. Tomazoni will also continue as Chairman of Pilgrim’s Pride Corporation and become Chairman of the J&F Institute. During Tomazoni's tenure, JBS's revenue grew 73% to $86.2 billion, and the company achieved investment-grade status and listed on the NYSE.

JBS N.V. announced that its subsidiary, JBS USA Holding Lux S.à.r.l., has partnered with PT Danantara Investment Management (DIM), the investment arm of Indonesia's sovereign wealth fund, to form a joint venture. DIM will invest $2.5 billion into the Joint Venture Company, which will include JBS's Australia and New Zealand businesses, for a 25% stake. The partnership aims to pursue investment opportunities in the protein production sector across Indonesia, other Southeast Asian markets, Australia, and New Zealand, with an expected aggregate capital raise of up to $5 billion.

JBS N.V. announced it has entered into the Sixth Amendment to Credit Agreement and Restatement Agreement, establishing a new US$2.65 billion global revolving credit facility. This amendment expands the total availability under the group's revolving credit facilities by US$650 million, bringing the total to US$4.2 billion. The senior unsecured facility, available in multiple currencies, matures in 2031 with a possibility for a two-year renewal, reinforcing the company's financial liquidity.

JBS N.V. has filed its Brazilian Corporate Governance Report, detailing its compliance with CVM Resolution 80/2022, which is based on the Brazilian Corporate Governance Code. The report follows a "practice or explain" model, outlining the company's adherence to recommended practices. While largely compliant, the company notes partial compliance in areas such as capital structure, change of control provisions, board opinion on takeover bids, CEO succession planning, and approval of political activity disbursements, providing explanations for each.

JBS N.V. announced that it has posted an investor presentation on the "Presentations" tab of the "Results and Presentations" section of its investor relations website. This presentation will be utilized by the company from time to time at investor conferences and in meetings with investors and other stakeholders, commencing on June 15, 2026. The company clarified that the content of its website is not incorporated by reference into this Form 6-K.

JBS N.V. announced a dividend payment of USD 1.00 per common share, payable on June 17, 2026, to shareholders of record as of May 18, 2026. The dividend is based on the company's retained earnings reserves. For Brazilian Depositary Receipt (BDR) holders, the estimated gross payment is R$ 4.91 per BDR, with an estimated payment date of June 22, 2026, subject to applicable taxes including a 15% Dutch withholding tax and IOF for BDR holders.

JBS N.V. announced its voluntary transition to filing reports with the SEC as a U.S. domestic company, despite remaining a foreign private issuer. This change will commence with its first quarterly report on Form 10-Q for the second quarter of 2026, accelerating its disclosure calendar significantly. The company expects to report annual results on Form 10-K within 60 days and quarterly results on Form 10-Q within 40 days, alongside filing current reports on Form 8-K. JBS believes this initiative will enhance transparency, improve comparability with global peers, and potentially expand its eligibility for inclusion in U.S. stock indices, thereby increasing liquidity and unlocking shareholder value.