Adecoagro Continuing Discussions With Tether

Core Viewpoint - Adecoagro S.A. is in discussions with Tether Investments regarding a proposal for Tether to acquire outstanding Common Shares at a price of $12.41 per share, which would result in Tether holding 51% of the company [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 [4] - The company produces over 2.8 million tons of agricultural products and over 1 million MWh of renewable electricity [4] Tender Offer Details - The expiration date for the Exclusivity Letter between Adecoagro and Tether has been extended to March 30, 2025 [1] - The tender offer has not yet commenced, and this announcement serves informational purposes only [4]