Third Quarter 2021 Investor Relations Handout

20 6 4 2013 Crop price EUR and USD / bushel 16 14 12 10 8 2015 2017 Price development soybeans, corn, wheat, milk (average prices until September 2021) 2019 Dec 19 Feb 20 -USA - Wheat -USA - Soybeans Source: USDA, AHDB / European Commission Apr 20 Jun 20 Aug 20 Oct 20 222222 Dec 20 Feb 21 Apr 21 Jun 21 -USA - Corn 26 Third quarter 2021 - Investor relations handout Autumn 2021 Public -EU Milling wheat Aug 21 0 10 20 30 40 Milk price EUR and USD / 100 kg 50 √ 2011 2013 2015 2017 2019 Dec 19 Feb 20 Apr 20 Jun 20 Aug 20 Note: After Dec 2019, prices for EU without UK Source: www.clal.it/en/?section=latte_europa_mmo, USDA USA -EU Oct 20 Dec 20 Feb 21 Apr 21 Jun 21 Aug 21 BUCHER

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