NOTICE TO THE MARKET

JBS S.A. (IBOV: JBSS3, OTCQX: JBSAY, "Company"; "JBS") announces to its shareholders and
the market in general that seven executives of the Company and its controlling entity, J&F
Investimentos, entered into a plea bargain agreement with the Federal Public Prosecutor's Office,
which was ratified by the Supreme Court.

The agreement establishes the payment of a fine totaling R$225 million by these executives, as
well as their cooperation with the Public Prosecutor's Office regarding all matters disclosed to the
authorities, amongst other obligations.

The Company will maintain the market duly informed of any developments related to this matter.

So Paulo, May 18, 2017

Jeremiah O'Callaghan

Investor Relations Officer