| --- | --- | --- | |-------|----------------------------------------|-------| | | | | | | 2Q & 1H 2021 Earnings Conference Call | | | | August 6, 2021 | | Safe Harbor Regarding Forward-Looking Statements 2 Forward-Looking Statements This presentation contains certain estimates and forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the safe harbor provi ...

Corteva, Inc. (NYSE:CTVA) Q2 2021 Results Conference Call August 6, 2021 9:00 AM ET Company Participants Jeff Rudolph - Investor Relations Jim Collins - Chief Executive Officer Dave Anderson - Executive Vice President, Chief Financial Officer Tim Glenn - Executive Vice President, Chief Commercial Officer Rajan Gajaria - Executive Vice President of Business Platforms Conference Call Participants Joel Jackson - BMO Capital Markets Vincent Andrews - Morgan Stanley Kevin McCarthy - Vertical Research Partners P ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share CTVA New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38710 C ...

Summary of Corteva, Inc. Conference Call Company Overview - **Company**: Corteva, Inc. (NYSE:CTVA) - **Event**: Deutsche Bank's 12th Annual Global Basic Materials Conference - **Date**: June 9, 2021 - **Participants**: Jim Collins (CEO), Dave Begleiter (Deutsche Bank) Key Industry Insights - **Agricultural Fundamentals**: Strong fundamentals in agriculture with corn and soybean prices reaching near seven-year highs [3][4] - **Grain Supply Outlook**: Difficulties in rebuilding global supplies of grains and oilseeds due to drought conditions in Latin America and strong demand, particularly from China [7][8] - **Multi-Year Cycle**: Expectation of a multi-year cycle of stronger grain prices, driven by demand and supply constraints [8] Company Performance and Strategy - **Momentum and Execution**: Corteva finished 2020 strong and carried that momentum into 2021, focusing on execution amidst global challenges [4][5] - **Strategic Focus**: Key components of Corteva's strategy include top-line growth in Crop Protection and seeds, margin enhancement, and disciplined capital allocation [5][6] - **Market Positioning**: Confident in creating shareholder value through strategic execution and capitalizing on strong agricultural market fundamentals [7] Pricing and Market Dynamics - **Price Projections**: Anticipated easing of corn and soybean prices in 2022 and 2023, but still at constructive levels that support net farm income [10] - **Farmer Purchasing Behavior**: Higher prices are expected to lead farmers to invest more in seeds and crop protection applications [12][13] Product Development and Innovations - **Enlist System**: Strong momentum in the Enlist system with expectations of significant market penetration [21][22] - **Qrome Product**: Projected sales of $800 million in 2021, with a potential peak sales target of $1.1 billion [26][27] - **Brevant Brand**: Successful launch with goals to achieve 20% market share, representing a $200 million incremental earnings opportunity [31][32] Crop Protection and Market Trends - **New Products**: Progress in new Crop Protection products with expectations of $1.3 billion in sales from the pipeline [43] - **Insect and Disease Pressure**: Normal year for insect pressure, with strong performance in soybean herbicides due to glyphosate shortages [45] Cost Management and Inflation - **Inflation Pressures**: Rising costs in raw materials, particularly glyphosate, leading to price adjustments [47][48] - **Productivity Actions**: Ongoing efforts to offset cost headwinds through productivity improvements and pricing strategies [50][52] Financial Outlook - **EBITDA Guidance**: Confidence in maintaining EBITDA guidance despite cost pressures [52] - **Pension Liability**: US pension plan was 84% funded as of the end of 2020, with no required contributions expected [64][65] M&A Strategy - **Growth Strategy**: Focus on opportunistic M&A to enhance product offerings and geographic footprint, particularly in biologicals and digital platforms [62][63] Conclusion - **Overall Sentiment**: Corteva is well-positioned to navigate current market dynamics, with a strong focus on execution, innovation, and strategic growth initiatives [7][8][9]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38710 Corteva, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 82-4979096 (State or other Jurisdiction of Incorporation or Organizatio ...

2020 ____________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38710 Corteva, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 82- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38710 Corteva, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 82-4979096 (State or other Jurisdiction of Incorporation or Organiz ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38710 Corteva, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 82-4979096 (State or other Jurisdiction of Incorporation or Organization ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38710 Corteva, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 82-4979096 (State or other Jurisdiction of Incorporation or Organizatio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ____________________________________________________________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38710 Cortev ...