BrasilAgro Companhia Brasileira de Propriedades Agrícolas : Management Proposal - Ordinary and Extraordinary Shareholders´ Meeting Oct 24, 2023

Annual

and Extraordinary

General

Shareholders'

Meeting-

Management

Proposal

Index

Message from the Management	3
Guidelines for Participation in the Meeting	5
Management Proposal	11
Supplementary Documents	18
Exhibit I - Management's Comments on the Company's Financial Situation, pursuant to
item 2 of the Reference Form	Erro! Indicador não definido.
Exhibit II - Proposal on the Allocation of Net Profits for the Fiscal Year ended on June 30,
2023 and the declaration of dividends	Erro! Indicador não definido.
Exhibit III - Information on the candidates to the positions (sitting and alternate) of the
Board of Directors and the Fiscal Council of the Company	Erro! Indicador não definido.
Exhibit IV - Information for the Setting of the Compensation of the Company's
Management	Erro! Indicador não definido.
Exhibit V - Comparison of the Bylaws with the proposed changes	Erro! Indicador não
definido.
Exhibit VI - Consolidated Bylaws with Changes Highlighted	Erro! Indicador não definido.

Message from the Management

São Paulo, September 24, 2023.

Dear Shareholders,

Considering the call notice published as of the date hereof ("Call Notice") to call the shareholders to attend the Annual and Extraordinary General Shareholders' Meeting ("Meeting") of Brasilagro - Companhia Brasileira de Propriedades Agrícolas ("Company" or "BrasilAgro"), to be held at 2:00 p.m. on October 24, 2023, in an exclusively digital format, we would like to emphasize that your participation in Meeting is extremely important so that we can discuss and resolve on the following agenda:

1. At the Annual Shareholders' Meeting:

1. To examine the management accounts, analyze, discuss and vote on the Management's Annual Report and the Company's Financial Statements, including the Independent Auditors' opinion and the Fiscal Council Report, relating to the fiscal year ended on June 30, 2023.
2. To resolve on the allocation of net profits reported for the fiscal year ended on June 30, 2023, and the declaration of dividends, including additional dividends based on the balance of statutory profit reserve.
3. To resolve on the determination of the number of members to participate in the Company's Board of Directors for the next term of office, pursuant to the Company's Bylaws.
4. To resolve on the election of the members (sitting members and alternates) of the Company's Board of Directors.
5. To resolve on the determination of the number of members to participate in the Company's Fiscal Council for the next term of office, pursuant to the Company's Bylaws.
6. To resolve on the election of the sitting members and the alternate members of the Company's Fiscal Council.

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1. To resolve on the establishment of the compensation of the members of the
   Company's Fiscal Council.
2. To establish the Company's management annual global compensation limit for the fiscal year initiated on July 1, 2023.

2. At the Extraordinary General Meeting:

1. To restate the Company's management annual global compensation limit for the fiscal year initiated on July 1, 2023.
2. To resolve on the proposal to amend the Company's Bylaws in order to reflect the capital increase which was approved by the Board of Directors at the meeting held on September 19, 2023.

We kindly request that shareholders carefully examine the documents relating to the Meeting that were made available at the Company's headquarters, on the website of the Company's Investor Relations department (https://ri.brasil-agro.com/), and on the websites of B3 S.A. - Brasil, Bolsa, Balcão ("B3") (www.b3.com.br) and the Brazilian Securities and Exchange Commission ("CVM") (www.gov.br/cvm).

If there are any questions, please contact the Company's Investor Relations Department at (55-11)3035-5350 or by [e-mail].

André Guillaumon	Gustavo Javier Lopez
Chief Executive Officer	Chief Financial and Investor Relations
	Officer

Eduardo Sergio Elsztain

Chairman

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Guidelines for Participation in the Meeting

The participation of shareholders in the Company's Meeting is of great importance.

The Meeting will be convened on first call with the attendance of shareholders representing at least one quarter (1/4) of the Company's voting capital stock, except for item "2.2" of the agenda at the Extraordinary General Shareholders' Meeting, which will depend on the due attendance of shareholders and/or their legal representatives, holders of two thirds (2/3), at least, of the Company's voting capital stock.

Should any of the mentioned quorums not be reached for the resolution of the respective matters above, the Meeting shall be convened only in relation to the matters for which the quorum has been verified and a new call shall be made, by means of the publication of a new call notice for the matter(s) for which the quorum has not been reached, announcing the new date for the Meeting for said matter(s) on second call, at least eight (8) days in advance, and the respective Meeting shall be convened upon the attendance of any number of shareholders.

Considering that the Meeting will be held in an exclusively digital format, the participation of the shareholders or their legal representatives will take place by means of: (a) access to the electronic platform "Ten Meetings" ("Digital Platform"), for those who forward the request and documentation required for virtual participation in accordance to the deadline stipulated in the Call Notice; or (b) completing and sending the distance voting ballot, pursuant to CVM Resolution No. 81 of March 29, 2022, as amended ("CVM Resolution 81").

1. DOCUMENTS

Pursuant to Article 6 of CVM Resolution 81, in order to participate remotely in the Meeting by means of the Digital Platform, shareholders, their legal representatives or their

attorneys-in-fact must register at the electronic address (https://www.tenmeetings.com.br/assembleia/portal/?id=3CFB992042A9) until no later than 2 days prior to the Meeting, that is, until October 22, 2023, as provided for in Article 6, §§ 1 and 3 of CVM Resolution 81.

The request for participationshall contain: (i) the identification of the shareholder, legal representative or attorney-in-fact;(ii) the telephone number for contact; and (iii) e- mail of the participant of the Meeting to which the Company shall send the data (e.g., link, login and password) for access to the Meeting. In addition, the shareholder must submit the documentation duly described and detailed below:

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