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Investor Presentaiton

- 5 Cargill 2020 Annual Report We know that consumers around the world are more aware and demanding more sustainable products than ever before; Digitization and collaboration this change in consumer profile is a movement of no return. Aware of this demand, we have worked together with our chain to ensure that our products meet the consumer mar- ket requirements without, however, violating the rights of those who produce them. We believe that conciliating agricultural production, commu- nity development and environmental preservation is per- fectly possible and we have made our best efforts towards this. The first step to adapt our business strategy to this reality is to profoundly understand our chain, know what the areas of greater risk are and concentrate our efforts to miti- gate them. Collective effort We consider that the sustainability of the productive chains, far from depending on sole will, is built by the collective action of different social actors, among which we are inserted under the condition of a special link between food producers and consumer markets. We have invested so that our teams know how to deal with this situation, just like we have invested in technology to avoid deforestation from entering into our chain. Our goal is to eliminate deforestation from our supply chain until 2030 and we have achieved significant progress in 2020. With the methodologies we have developed to understand the risks of the supply chain and estimate our soy volumes free from area deforestation or conversion (DCF - Deforestation/ Conversion-Free), we have reached 96.1% of DCF products in Brazil last year. We knew that technology would have a transforming role for rural production and the industry as a whole. And this per- ception has become a reality. Brought on by the pandemic, the disruption that shook the productive chains and the global economy in 2020 served to remind Cargill and the industry in general that digital transformation and collaboration have a critical importance not just for business success. In many cases, it has proven vital for the safety and well-being of our society. We are acting strongly regarding diversity in our workforce to make Cargill a company that mirrors Brazilian diversity We had a vivid example of this strength within our company. When the pandemic started, we accelerated the infrastructure plans and collaboration tools and, for this, we changed our way of implementing digital projects. We did in three weeks what we set forth to do in one year. We moved at once almost three thousand people from our offices to work at home with a minimal operational interruption. This would be impossible to imagine prior to 2020. We will follow along this investment journey in innovation and in value generation for consumers in order to meet the con- sumption growth via e-commerce, and our main brands like Liza, Elefante and Pomarola will also be even closer to con- sumers by means of continuous digital communication. Internal transformation Internally, we have three critical objectives - reduce emis- sions in scopes 1, 2 and 3; ensure the safety of our per- sonnel in operations with zero accidents; and encourage diversity and inclusion among people who work for our com- pany. We are acting strongly in favor of diversity in our work force to make Cargill a company that mirrors the diversity of Brazilians. We still have challenging times ahead of us. This will require greater strength from the Brazilian agribusiness so that the country may continue proving itself as a reliable supplier for the world. Cargill trusts in the food supply potential of Brazil and reinforces its commitment with investments in the country. With this report, we wish to show how we crossed a year marked by uncertainty, fighting to preserve operational effi- ciency and our commitment to the country and the world. We thank our employees and suppliers for their determina- tion in maintaining an essential sector operational. And we thank our clients for the proven partnership during this dra- matic period. Enjoy your reading! Paulo Sousa President of Cargill in Brazil
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