Adecoagro Announces Receipt of Unsolicited Proposal

Core Viewpoint - Adecoagro S.A. received an unsolicited non-binding acquisition proposal from Tether Investments S.A. de C.V. to acquire outstanding Common Shares at a price of $12.41 per share, which would result in Tether holding 51% of the company [1][2]. Group 1: Company Overview - Adecoagro is a leading sustainable production company in South America, owning 210.4 thousand hectares of farmland and several industrial facilities in Argentina, Brazil, and Uruguay [3]. - The company produces over 2.8 million tons of agricultural products and over 1 million MWh of renewable electricity [3]. Group 2: Proposal Details - Tether currently holds approximately 19.4% of Adecoagro's outstanding Common Shares as per its last public filing on Schedule 13D dated November 14, 2024 [1]. - The Board of Directors met to discuss the proposal and decided to engage legal and financial advisors for further evaluation [2].