Investor Presentaiton

12 LIVING WALLACE'S VISION Henry Wallace was so certain of the value of hybrid maize in 1926 that he began to envision how hybrids could be efficiently developed and produced. That vision led to Pioneer Hi-Bred International, Inc., the world's first commercial business with the sole purpose to develop, produce and sell hybrid maize. Today, Pioneer researchers are building on the progress made in maize hybrid development to create better soybean, canola, sunflower, sorghum, pearl millet, rice, wheat and alfalfa products for customers around the world. Through continual research advances and crop improvements, Pioneer will continue to live Wallace's vision and build better products for customers everywhere.

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