that our greatest assets are the men and women who work for the success of their company.

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2 Limagrain Céréales Ingrédients (LCI) is a subsidiary of the agricultural cooperative Limagrain. This membership gives LCI a unique position and a thorough understanding of cereals and their interactions with industrial processes. Uniquely, this allows LCI to develop and manufacture authentic and functional cereal ingredients for manufacturers of food and bio-materials. Innovation sets them apart and enables them to tell the inspiring story of a product right back to the original seed and find the path to forgotten fields. Damien Bourgarel Managing Director of the Agro-production and Ingredients branches Limagrain Céréales Ingrédients is a subsidiary of the Limagrain cooperative group and has fused into its genes this agricultural culture and cooperation, progress and perseverance values that have always guided its strategic choices and actions. that our greatest assets are the men and women who work for the success of their company. LCI has sales of 120 million, of which 30% is exported, and processes over 200,000 tonnes of cereals every year. Its six industrial sites are close to our sources of supply and ensure We enhance the value of local total traceability of the ranges. agricultural products through responsible, balanced and fair relations with our agricultural suppliers. Our membership of the Limagrain cooperative group and our conviction that agriculture is strategic to feed humanity, naturally take us in this direction. Limagrain Céréales Our mission is to create authentic and functional ingredients for healthy products, meeting the highest safety and quality demands of our customers. To do this, and in compliance with ethics and the environment, nm we favour innovation and partnerships between our teams and those Ingrédients is a Business Unit (subsidiary) of Limagrain, an international agricultural cooperative group, a specialist in field seeds, vegetable seeds and cereal products. Founded in 1965 and managed by over 2000 French farmers, the Limagrain Group is the leading French seed manufacturer and the fourth largest worldwide. of our stakeholders. We know

3 THE UNIQUE ATtRIBUTES OF LIMAGRAIN CÉRÉALES INGRÉDIENTS INTEGRATED OPERATIONS CULTURE OF INnOVATION CORPORATE SOCIAL RESPONSIBILITY (CSR) Limagrain Céréales Ingrédients manages a number of plant breeding programmes for its wheat and corn activities and is also the only market participant that has the knowledge to be able to adapt tomorrow s varieties to the expectations of consumers and manufacturers. Whether developing corn processes and operations dedicated and specific to manufacturing corn flakes or developing hard wheat options, the selection programmes are constantly changing. This approach ensures LCI manages the entire operations locally: the seeds and grains are produced under contract with members and grains are exclusively processed in the company s mills. The involvement of Limagrain Céréales Ingrédients in primary processing of cereal products corn and wheat operations and secondary processing functional and pellet ingredients extends this know-how. LCI analyses, tests and reproduces the manufacturing conditions and constraints that the cereals may encounter in customer processes and applications. The strength of the Research, Development and Applications Division (RDA), lies in its ability to combine the agronomical and environmental needs of farmers with the technological needs of manufacturers and consumers expectations. Furthermore, LCI has been committed for several years to a voluntary CSR approach. The strategy revolves around five pillars and is strengthened by the company s commitments. The five pillars of CSR Health and safety Operational efficiency Motivation and contribution of all employees Innovation and collective intelligence Governance and business ethics Seed production Raw materials production Ingredients processing Varietal research Consumer expectations transmitted to the breeders Food products processing Customer satisfaction

4 STRONG ROoTS IN AUVERGNE, SHARP GROWTH INTERNATIONALlY Arques site: Functional and masa flours LILlE Paris EnNezat site : Maize mill and Snack pellets Bouzel site : Wheat mill CLERMONT-FERrAND Gerzat site : Wheat mill Riom La Gravière site : improvers ingredients and mixed cereals bioplastic granules Les Portes de Riom : Administration LCI IN FIGURES Over 200,000 tonnes of cereals processed per year Over 30% of sales exported (sharp growth) 120 million of sales 250 employees 6 production sites

5 A WIDE RANGE OF CEREAL INGREDIENTS ON IT S PRODUCTION SITES LCI PROCESsES GRAINS FROM ITS OPERATIONS. MilLing Primary processing Bouzel site Flour Mill Wheat flour Wheat flour for baby food Wheat bran Gerzat Site Flour Mill Wheat flour Wheat flour for baby food Wheat bran Ennezat Site Maize Mill Hominies Maize meal Maize flours Maize fibres Maize flour for baby food Pellets and flour for animal feed CEREAL INGREDIENTS Secondary processing Ennezat Site Snack pellets Extrusion mix Cereal based snack pellets Potato snack pellets Micro pellets Riom la Gravière Site Formulation and mix Heat treatments Arques Site Heat treatments Mix Milling improvers and compensators Mixes and pre-mixes Grains and inclusions Fibres Bio-plastic granules Masa flours Functional flour and nutritional flour (wheat-corn-rice-oats-rye)

6 LIMAGRAIN CÉRÉALES INGRÉDIENTS CONTINUES TO GROW Construction of a Biolice factory in Ennezat Westhove joined LCI which then became the European leader in functional flour Incorporation of Limagrain Meunerie Limagrain Meunerie joined LCI. The two entities form a coherent whole to create operational, commercial, industrial and research & development expertise synergies to serve its customers Creation of Limagrain Céréales Ingrédients through the merger of MCT, DAFA and ULICE. The Group created a centre of excellence for cereal ingredients. Linking plant breeding and control of food processes. The technological hub, called ULICE opened in Riom Research Limagrain's keystone. The cooperative became Limagrain and opened its first research centre in Mons. Corn operations created in Limagne. Creation of the corn mill in Ennezat, which only uses corn produced by Limagrain cooperative farmers, from the seed to the ingredient.

7 Limagrain Céréales Ingrédients ZAI St Ignat BP Ennezat France Tel +33 (0) Fax +33 (0) info.lci@limagrain.com PEFC/ PROMOUVOIR LA GESTION DURABLE DE LA FORÊT