Earnings Conference CallOctober 16, 2017

1

2

Camil successfully completed its initial public offering on September 2017

Ownership Structure Post IPO1IPO Highlights

CamilInvestimentos2

WP Fundo de Investimento Free Float

60.3% 8.6% 31.1%

Camil was listed on B3’s Novo Mercado segment,

the highest levelof corporate governance

B3: CAML3

R$9.00 / sharePriced on September 26, 2017

41.0 million ONs Primary Offering

86.5 million ONsSecondary Offering

R$1.2 billionOffering Size

R$357.0 millionNet proceeds from Primary Offering

Note:(1) Without considering the overallotment option exercise (greenshoe).(2) Includes shares owned by Camil Investimentos´ shareholders held directly at the Company

3

Main Highlights

Latest news

• Launch of Company’s new corporate brandReinforces Company´s values: trust, responsibility, entrepreneurship, proximity and enthusiasm.

• Inauguration of new headquarter in São Paulo, Brazil

• Launch of new promotional campaign

Purpose and Values built by everyone

Campaign on TV, Outdoor, Promotional, POS

Sucralose Innovation SupportOutdoor, Tasting spot, POS

14.53

14.76

14.44 14.26

14.00 14.10 14.20 14.30 14.40 14.50 14.60 14.70 14.80

8.3 6.2

16.0 13.7

-

5.0

10.0

15.0

20.0

2T16 2T17 6M16 6M17

142.0 138.5

279.9 290.9

2T16 2T17 6M16 6M17

2.20

1.97

2.19

2.01

1.85 1.90 1.95 2.00 2.05 2.10 2.15 2.20 2.25

19.8 19.5

36.2 40.0

- 10.0 20.0 30.0 40.0 50.0

2T16 2T17 6M16 6M17

6.72

3.90

5.83

3.83

- 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.002.34

2.11

2.21 2.12

Net

Pric

e(R

$/Kg

)

4

Operational Performance

RiceRice BeansBeans

SugarSugar Canned FishCanned Fish

159.4 155.8

304.9 323.5

2T16 2T17 6M16 6M17

-9.6% -4.1%

-2.3%

+6.1%

Volu

mes

(‘000

ton)

Net

Pric

e(R

$/Kg

) -42.0% -34.4%

-1.5%

+10.4%

Volu

mes

(‘000

ton)

Net

Pric

e(R

$/Kg

) -10.3% -8.2%

-2.5%

+3.9%

Volu

mes

(‘000

ton)

Net

Pric

e(R

$/Kg

)

+1.5%-1.2%

-25.5%

-14.3%Vo

lum

es(‘0

00 to

n)

2Q16 2Q17

2Q16 2Q17

2Q16 2Q17

2Q16 2Q17

63.5 40.3

114.4 101.5

2T16 2T17 6M16 6M17

5.0%

3.5%

4.7%

4.3%

0.0%1.0%2.0%3.0%4.0%5.0%6.0%13.9%

9.8%

12.6%

10.1%

0.0%2.0%4.0%6.0%8.0%

10.0%12.0%14.0%16.0%

27.7%

24.3%

26.8%

24.3%

22.0%23.0%24.0%25.0%26.0%27.0%28.0%

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Financial Highlights

Net Revenue (R$ million)Net Revenue (R$ million) Gross Profit and Gross MarginGross Profit and Gross Margin

EBITDA and EBITDA MarginEBITDA and EBITDA Margin

978.6 814.4

1,783.2 1,745.5 294.4

347.4

626.1 642.0

2T16 2T17 6M16 6M17

Alimentício Brasil Alimentício Internacional

2.409.3 2.387.4

1.161.91.273.1-8.7%

-0.9%

352.9 282.3

646.8 579.7

2T16 2T17 6M16 6M17

Gro

ss M

argi

n(%

)

-3.4pp -2.6pp

EBIT

DA M

argi

n(%

)

-4.1pp -2.5pp

-35.4%

-20.4%N

et M

argi

n(%

)

-1.5pp -0.5pp

176.9 114.3

303.4 241.6

2T16 2T17 6M16 6M17

Net Income and Net MarginNet Income and Net Margin

2Q16 2Q17

2Q16 2Q17

Domestic Market Sales International Market Sales

EBIT

DA (R

$Mn)

Gro

ss P

rofit

(R$M

n)

-20.0%

-10.4%

2Q16 2Q17

Net

Inco

me

(R$M

n)

-36.5%

-11.2%

2Q16 2Q17

Financial Statements

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Statements (in R$ millions) 2Q17 1Q17 2Q16 2T17 vs. 2T17 vs. 6M17 6M16 6M17 vs.Closing Date 31-ago-17 31-mai-17 31-ago-16 1T17 2T16 31-ago-17 31-ago-16 6M16

Gross Revenues 1,341.4 1,427.4 1,468.4 -6.0% -8.7% 2,768.8 2,778.9 -0.4%Sales Domestic Market 1,166.1 1,307.55 1,351.5 -10.8% -13.7% 2,473.68 2,514.4 -1.6%Sales Foreign Market 175.2 119.9 116.9 46.2% 49.9% 295.1 264.5 11.5%

(-) Sales Deductions (179.5) (201.8) (195.4) -11.1% -8.1% (381.3) (369.7) 3.2%Sales Taxes (85.9) (95.4) (97.1) -10.0% -11.5% (181.4) (182.4) -0.6%Returns and Rebates (93.5) (106.4) (98.2) -12.1% -4.8% (199.9) (187.2) 6.8%

Net Revenues 1,161.9 1,225.6 1,273.1 -5.2% -8.7% 2,387.4 2,409.3 -0.9%(-) Cost of Sales and Services (879.6) (928.2) (920.1) -5.2% -4.4% (1,807.8) (1,762.5) 2.6%Gross Profit 282.3 297.4 352.9 -5.1% -20.0% 579.7 646.8 -10.4%(-) Sell ing Expenses (142.1) (133.4) (129.2) 6.5% 10.0% (275.5) (257.5) 7.0%(-) G&A Expenses (59.0) (61.6) (71.0) -4.2% -16.8% (120.6) (124.1) -2.8%(+/-) Equity (Earnings)/Losses in Uncons. Subs. 0.4 (0.9) 0.5 -146.9% -23.5% (0.5) (0.5) 1.1%Other Operating Income 10.2 4.5 2.3 127.2% 342.7% 14.7 (5.8) -355.6%EBIT 91.8 106.1 155.6 -13.5% -41.0% 197.8 259.0 -23.6%(+/-) Finacial Result (26.0) (22.8) (52.7) 14.2% -50.6% (48.8) (85.4) -42.8%

(-) Debt Interest Expense (52.4) (54.7) (67.5) -4.3% -22.4% (107.0) (117.0) -8.5%(+) Interest Income 26.3 31.9 14.8 -17.5% 77.8% 58.2 31.6 84.4%

Pre-Tax Income 65.7 83.3 103.0 -21.1% -36.2% 149.0 173.6 -14.2%(-) Total Income Taxes (25.4) (22.1) (39.4) 15.2% -35.5% (47.5) (59.2) -19.9%

(-) Income Taxes (6.8) (16.8) (29.5) -59.3% -76.9% (23.6) (50.7) -53.5%(-) Diferred Income Taxes (18.6) (5.3) (9.9) 251.0% 88.0% (23.9) (8.5) 179.9%

Net Income 40.3 61.2 63.5 -34.1% -36.5% 101.5 114.4 -11.2%

EBITDA ReconciliationNet Income 40.3 61.2 63.5 -34.1% -36.5% 101.5 114.4 -11.2%(-) Net Finacial Result 26.0 22.8 52.7 14.2% -50.6% 48.8 85.4 -42.8%(+) Income Taxes 25.4 22.1 39.4 15.2% -35.5% 47.5 59.2 -19.9%(+) Depreciation and Amortization 22.5 21.3 21.3 5.7% 5.5% 43.8 44.4 -1.4%(=) EBITDA 114.3 127.3 176.9 -10.3% -35.4% 241.6 303.4 -20.4%

Debt

7

471.5

207.1

522.5

407.8

17.8 9.5

agosto-18 agosto-19 agosto-20 agosto-21 agosto-22 Após agosto/22

August 2017 (‘000 R$)

Debt amortizationDebt amortization

Aug-18 Aug-19 Aug-20 Aug-21 Aug-22 After Aug-22

Debt 2Q17 1Q17 2Q17 vs31-aug-17 31-may-17 1Q17

Total Debt 1,636.2 1,397.9 17.0%Loans and financing 506.8 691.0 -26.7%Debentures 1,129.4 706.9 59.8%Short Term 471.5 608.4 -22.5%Long Term 1,164.7 789.5 47.5%

CurrencyR$ 1,233.0 1,078.2 14.4%USD 216.0 155.7 38.7%CLP 57.6 40.8 41.1%PEN 129.5 123.1 5.2%

LeverageGross Debt 1,636.2 1,397.9 17.0%Cash and Cash Equivalents + financial applications 421.2 323.9 30.1%

Gross Debt 1,215.0 1,074.0 13.1%EBITDA LTM 485.2 547.9 -11.4%Net Debt/EBITDA LTM 2.5x 2.0x 0.5pp

Luciano Quartiero Chief Executive Officer

Flavio Vargas Chief Finance and IR Officer

Investor RelationsPhone:

+55 11 3039-9238+55 11 3039-9237

E-mail: ri@camil.com.br