Investor Presentaiton

MANY SEASONS, MANY LOCATIONS Researchers at Pioneer use a unique system of testing hybrids in a wide variety of environments world- wide. These graphs are typical of the way a hybrid is tested before commercialization. Year 1. 23 Unique Locations Year 3. 140 Unique Locations, Including Greece, Italy, Portugal and Spain Year 2. 118 Unique Locations, Including Italy Year 4. 1,470 Unique Locations, Including Australia, Greece, Italy, Spain and Turkey 6

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