JBS N.V.

Ticker: JBS CUSIP: N4732M103 Class: Common Stock

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

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

Q3 2025

Shares 662,000 Value ($000) $9,884 Avg Close $14.58 Range $12.83 - $17.80

Q2 2025

Shares 602,000 Value ($000) $8,795 Avg Close $14.07 Range $13.02 - $15.12

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	662,000	$9,884	$14.58	$12.83 - $17.80
Q2 2025	602,000	$8,795	$14.07	$13.02 - $15.12