Pilgrim's Pride stockholders approve charter change; enters tax pact with JBS

PILGRIMS PRIDE CORP

Stockholders approved certificate amendment with 96% of outstanding shares voting for; effective Dec 30, 2024.
Tax Sharing Agreement with JBS USA (82.42% owner) governs allocation of US income tax liabilities and includes DRD benefit compensation.
Agreement references a $725M dividend from PPC between Dec 30, 2024 and Dec 30, 2026, with related tax benefits.
Amendment No. 2 to Stockholders Agreement aligns board size with amended certificate.

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