Common Ground: Connecting on topics we all value

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1 Common Ground: Connecting on topics we all value Dr. Robert T. Executive Vice President and Chief Technology Officer World Food Prize Laureate

2 My journey through science & agriculture 2

3 Agriculture is at the center of global trends Population Growth World Population (billions) = 2X Food Demand By 2050 in a more challenging production environment Demand For Healthier Options Rise in Middle Class Mid Class Total Pop Total Pop Mid Class Changing Economies & Diets 355 in in % increase in calories from animal protein Decreasing Water Availability Changing Climate & Declining Arable Land Source: U.S. Census Bureau, International Data Base, June 2010 Update. And UN FOA 3 Source: Ray DK, Mueller ND, West PC, Foley JA (2013) Yield Trends Are Insufficient to Double Global Crop Production by PLoS ONE 8(6): e66428.

4 Advancements in biology & data science will help mitigate global challenges Science Breeding Biotechnology Biologicals Microbials Crop Protection Gene Editing Data Precision Ag Satellites Drones Farmer Mobility Field Data Sensors Genome Wide Selection Better harvests Enhanced environment Protects the footprint of ag 4

5 Humans have been genetically modifying crops since the beginning of time Corn Tomatoes Bananas Carrots Eggplant Source: Illinois Farm Bureau. Farm & Food Facts. Bloomington,

6 Crops can be modified through a variety of techniques Technique Cross Breeding Double Haploids (Dihaploid) Self Incompatability Embryo Rescue Grafting Protoplast Fusion Radiation/Mutagenesis Polyploidy Genome Editing Modern Day Examples Honey Crisp Apple Multiple Corn Inbred Lines Hybrid Vegetable Seeds Mildew Resistant, Seedless Grapes Apples and Grapes Red Cabbage Red grapefruit Seedless watermelon Canola with weed protection Transformation (GMOs) Virus resistant papaya 6

7 We live in a GMO world Food Medicine Personal Lifestyle Crops 7

8 GMOs: Benefiting people and the planet for more than 20 years Pesticide Use Land Preserved Tillage CO2 Emissions Efficient Water Use Farmer Income Time in the Field Production Costs Farmer s Harvest Enhanced Nutrition 8

9 Carbon Neutral Crop Production Title of Content Slide Uses energy, fertilizer and other inputs more efficiently Lorem ipsum dolor sit amet - Consectetur adipiscing elit Absorbs more carbon Curabitur dapibus orci Proin et purus viverra, ultrices eros vitae Enables carbon neutral Vivamus practices sodales and improves quam vitae harvests - Condimentum ligula Vestibulum semper auctor nisi quis aliquet Returns carbon to soil Helps keep carbon stored in soil; fights erosion The dynamic duo of carbon neutral crop production: Plants absorb carbon and soil stores it. 9 9

10 Carbon Neutral Crop Production Title of Content Slide Lorem ipsum dolor sit amet - Consectetur adipiscing elit Curabitur dapibus orci Proin et purus viverra, ultrices eros vitae Vivamus sodales quam vitae - Condimentum ligula Vestibulum semper auctor nisi quis aliquet

11 GMOs: The most thoroughly reviewed food product in the world United States: Gold Standard Monsanto: Safety = #1 Priority Globally: > 90 government bodies globally review and approve GMOs. GMOs have been grown or imported by >70 countries since

12 Nature is a pretty good genetic engineer Humans Ferns Sweet Potatoes Yew Trees Rice / Millet Cheese Sources:

13 Bridging the gap between science & society 13 By Richard Barnes Source: Pew Research Center

14 Engaging with Society Leading with increased transparency Listening to what matters to consumers Working with third parties to address key topics Discover.Monsanto.com GMOAnswers.com >2,000 publications available on our research Participating in a larger discussion around food and food 14

15 15 GMO Myths MYTH GMOs aren t tested/aren t safe. GMO seeds are forced on farmers. Monsanto aggressively sues farmers. Monsanto is too powerful. Monsanto is against GMO labeling. TRUTH Thoroughly tested ZERO safety issues. Farmers are smart they plant what works. Less than a dozen trials in 20 years <1/10 the size of Google or Apple; we are 5% of global seed market We support accurate, honest labels

16 Ideas My Challenge To You: Post to social media 3 times @MarkTercek 16

17 Finding Common Ground: Agriculture s Role Sustainably Supporting Demand & Preserving Our Environment Reduce the footprint of farming Increase crop yields Improve efficiency & sustainability Reduce waste Population (Billions) Food Production (Billion Tonnes) World Population Total Food Production (tonnes) Global Land Use in Agriculture (Ha) Land Use (Millions of Ha) Improve diets By 2060: 160M hectares can be restored to nature Source: National Geographic, Feeding the World, 2014 Source: UN FAO, 2014, Monsanto internal calculations; Ausubel, et al., Peak Farmland and the Prospect for Land Sparing Population and Development Review Volume,, 38:

18 Thank

19 Forward-Looking Statement Certain statements contained in this presentation are forward-looking statements, such as statements concerning the company s anticipated financial results, current and future product performance, regulatory approvals, business and financial plans and other non-historical facts. These statements are based on current expectations and currently available information. However, since these statements are based on factors that involve risks and uncertainties, the company s actual performance and results may differ materially from those described or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, among others: continued competition in seeds, traits and agricultural chemicals; the company s exposure to various contingencies, including those related to intellectual property protection, regulatory compliance and the speed with which approvals are received, and public understanding and acceptance of our biotechnology and other agricultural products; the success of the company s research and development activities; the outcomes of major lawsuits and the previously-announced SEC investigation; developments related to foreign currencies and economies; pursuit of acquisitions or other transactions; fluctuations in commodity prices; compliance with regulations affecting our manufacturing; the accuracy of the company s estimates related to distribution inventory levels; the recent increases in and expected higher levels of indebtedness; the company s ability to fund its short-term financing needs and to obtain payment for the products that it sells; the effect of weather conditions, natural disasters, accidents, and security breaches, including cybersecurity incidents, on the agriculture business or the company s facilities; and other risks and factors detailed in the company s most recent periodic report to the SEC. Undue reliance should not be placed on these forward-looking statements, which are current only as of the date of this presentation. The company disclaims any current intention or obligation to update any forwardlooking statements or any of the factors that may affect actual results. Asgrow and the A Design, DEKALB and Design and Monsanto and Vine Design are registered trademarks of Monsanto Technology LLC. The Climate Corporation is a trademark of The Climate Corporation. All other trademarks are the property of their respective owners Monsanto Company. 19