Driving Growth and Transformation in Agriculture Technology

Supporting Strategy through Disciplined Approach to M&A c+ кл ку Strategic Filters . • • Technology/Capability Expansion O Portfolio Enhancement • High-Growth Businesses $ B Financial Criteria • Revenue growth • ROIC > Cost of Capital by Year 3 Free Cash Flow Generation Our Goal Create value and accelerate our Run Grow Transform framework by investing in businesses that expand our opportunity set in logical adjacencies, while ensuring financial returns through proven underwriting rigor and integration skills • Geographic Expansion Expanding Grow and Transform Opportunities CONSERVING RESOURCES. IMPROVING LIFE. Valmont 89

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