JBS N.V.

Ticker: JBS CUSIP: N4732M103 Class: Common Stock

DISCOVERY CAPITAL MANAGEMENT, LLC / CT's Holding History (CIK: 0001389507)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 2,942,400 Value ($000) $42,429 Avg Close $13.74 Range $12.37 - $15.16

Q3 2025

Shares 480,200 Value ($000) $7,169 Avg Close $14.58 Range $12.83 - $17.80

Q2 2025

Shares 417,700 Value ($000) $6,103 Avg Close $14.07 Range $13.02 - $15.12

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,942,400	$42,429	$13.74	$12.37 - $15.16
Q3 2025	480,200	$7,169	$14.58	$12.83 - $17.80
Q2 2025	417,700	$6,103	$14.07	$13.02 - $15.12