Large indirect JBS (JBS) holdings reported by director Joesley Mendonca Batista

Q: How many JBS (JBS) Class A shares are reported as indirectly held?

The filing lists 242,734,515 Class A Common Shares indirectly held through J&F Investments Luxembourg S.a r.l. These shares are attributed to a subsidiary structure ultimately owned by J&F S.A., which is indirectly owned by the reporting person and Wesley Mendonca Batista.

Q: How many JBS (JBS) Class B shares are reported as indirectly held?

The filing shows 294,842,184 Class B Common Shares indirectly held by J&F Investments Luxembourg S.a r.l. This position reflects shares held through the J&F group structure rather than directly in the reporting person’s own name.

Q: Who actually holds the JBS (JBS) shares reported on this Form 3?

The shares are held directly by J&F Investments Luxembourg S.a r.l. , a private limited liability company in Luxembourg. It is a wholly owned subsidiary of J&F S.A., a Brazilian corporation, which is indirectly owned by the reporting person and Wesley Mendonca Batista.

Q: Does Joesley Mendonca Batista claim full beneficial ownership of the JBS (JBS) shares?

No. The filing specifies that the reporting person disclaims beneficial ownership of the securities except to the extent of any pecuniary interest. This limits the extent to which these indirect holdings are treated as personally beneficially owned.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

JBS N.V. director Joesley Mendonca Batista filed an initial ownership report on Form 3 showing large indirect holdings of JBS shares. The filing lists 242,734,515 Class A Common Shares and 294,842,184 Class B Common Shares held by J&F Investments Luxembourg S.a r.l., a Luxembourg company.

J&F Investments Luxembourg is a wholly owned subsidiary of J&F S.A., a Brazilian corporation. The filing states that the reporting person and Wesley Mendonca Batista indirectly own 100% of J&F, sharing voting and investment powers and the right to receive the economic benefit of the shares. The reporting person disclaims beneficial ownership of these securities except to the extent of any pecuniary interest.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Batista Joesley Mendonca

Role Director

Type	Security	Shares	Price	Value
holding	Class A Common Shares	--	--	--
holding	Class B Common Shares	--	--	--

Holdings After Transaction: Class A Common Shares — 242,734,515 shares (Indirect, By J&F Investments Luxembourg S.a r.l.); Class B Common Shares — 294,842,184 shares (Indirect, By J&F Investments Luxembourg S.a r.l.)

Footnotes (1)

The securities shown in this row are held directly by J&F Investments Luxembourg S.a r.l. ("J&F Lux"), a private limited liability company (societe a responsabilite limitee) incorporated and existing under the laws of Luxembourg. J&F Lux is a wholly-owned subsidiary of J&F S.A.("J&F"), a corporation (sociedade anonima) incorporated under the laws of Brazil. The reporting person and Wesley Mendonca Batista indirectly own 100% of the capital stock of J&F and equally share voting and investment powers and the right to receive the economic benefit of the shares held by J&F. The reporting person disclaims beneficial ownership of the securities shown in this row except to the extent of any pecuniary interest therein.

Understanding Insider Trading Forms →

03/18/2026 - 04:08 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Batista Joesley Mendonca

(Last)

(First)

(Middle)

STROOMBAAN 16, 5TH FLOOR

(Street)

AMSTELVEEN

1181 VX

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
JBS N.V. [ JBS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Shares	242,734,515	I	By J&F Investments Luxembourg S.a r.l.⁽¹⁾⁽²⁾
Class B Common Shares	294,842,184	I	By J&F Investments Luxembourg S.a r.l.⁽¹⁾⁽²⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. The securities shown in this row are held directly by J&F Investments Luxembourg S.a r.l. ("J&F Lux"), a private limited liability company (societe a responsabilite limitee) incorporated and existing under the laws of Luxembourg. J&F Lux is a wholly-owned subsidiary of J&F S.A.("J&F"), a corporation (sociedade anonima) incorporated under the laws of Brazil. The reporting person and Wesley Mendonca Batista indirectly own 100% of the capital stock of J&F and equally share voting and investment powers and the right to receive the economic benefit of the shares held by J&F.

2. The reporting person disclaims beneficial ownership of the securities shown in this row except to the extent of any pecuniary interest therein.

Remarks:

Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b) under the Securities Exchange Act of 1934 (the "Act"), the reporting person's transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c) of the Act.

	/s/ Joesley Mendonca Batista	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What does JBS (JBS) director Joesley Mendonca Batista report on this Form 3?

He reports indirect ownership of JBS shares held through J&F Investments Luxembourg S.a r.l., including Class A and Class B Common Shares. This Form 3 establishes his initial beneficial ownership position as a director of JBS N.V.

How many JBS (JBS) Class A shares are reported as indirectly held?

The filing lists 242,734,515 Class A Common Shares indirectly held through J&F Investments Luxembourg S.a r.l. These shares are attributed to a subsidiary structure ultimately owned by J&F S.A., which is indirectly owned by the reporting person and Wesley Mendonca Batista.

How many JBS (JBS) Class B shares are reported as indirectly held?

The filing shows 294,842,184 Class B Common Shares indirectly held by J&F Investments Luxembourg S.a r.l. This position reflects shares held through the J&F group structure rather than directly in the reporting person’s own name.

Who actually holds the JBS (JBS) shares reported on this Form 3?

The shares are held directly by J&F Investments Luxembourg S.a r.l., a private limited liability company in Luxembourg. It is a wholly owned subsidiary of J&F S.A., a Brazilian corporation, which is indirectly owned by the reporting person and Wesley Mendonca Batista.

What ownership relationship does the reporting person have to J&F S.A. in the JBS (JBS) filing?

The filing states that the reporting person and Wesley Mendonca Batista indirectly own 100% of J&F S.A. They equally share voting and investment powers and the right to receive the economic benefit of the JBS shares held by J&F’s Luxembourg subsidiary.

Does Joesley Mendonca Batista claim full beneficial ownership of the JBS (JBS) shares?

No. The filing specifies that the reporting person disclaims beneficial ownership of the securities except to the extent of any pecuniary interest. This limits the extent to which these indirect holdings are treated as personally beneficially owned.