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Investor Presentaiton

DELIVERING BETTER PRODUCTS Creating new and improved products is a continual process at Pioneer, where researchers are devoted to the following efforts to help customers: Herbicide Resistance - Researchers are working on projects based on effectiveness, compatibility, flexibility, crop safety, environmental safety and price. Herbicide-resistant hybrids offer farmers environmentally friendly options for weed control. Insect Resistance - Work in this area is focused on developing hybrids with increased protection against European corn borer, corn rootworm, armyworm and earworm. Disease Resistance - Pioneer researchers have developed hybrids with enhanced resistance to diseases such as gray leaf spot, and are working to reduce damage from other diseases. Drought Tolerance Researchers are working on hybrids with greater ability to withstand drought conditions. This will be particularly important as stress on the world's water resources continues to increase. Quality Traits - Research efforts concentrate on characteristics such as whole plant digestibility for livestock production, energy content and others. Along with testing maize hybrid characteristics, researchers also gauge animal production performance. Because most of the grain grown is fed to livestock, Pioneer researchers are investing a great deal of effort to make our seed produce better feed for animal consumption. Maize for Human Consumption - Researchers are developing yellow and white maize hybrids for human consumption to meet the growing demand in South Africa, Mexico and the United States. PioneerĀ® brand products have captured roughly 80 percent of the North American market share for white maize hybrids, and 50-60 percent of the North American yellow dent maize market for human consumption. 11
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