2017 Fact Sheet

We bring food, agricultural, financial and industrial products to people who need them all around the world.

You learn a few things during 150 years in business. Today, we apply that expertise to serve customers and communities in 70 countries. We have 150,000 employees working every day to nourish the world in a safe, responsible, sustainable way. Find out more about our global operations.

FINANCIAL HIGHLIGHTS ($ IN MILLIONS) 2016 2015 2014 Sales and other revenues $ 107,164 $ 120,393 $ 134,872 Net earnings $ 2,377 $ 1,583 $ 1,822 Adjusted operating earnings $ 1,642 $ 1,926 $ 1,885

2017 Fact Sheet Food & Bio-Industrial Energy, Transportation sizes deliver better animal nutrition through Ingredients & Metals unparalleled research capabilities, innovative feed and premix products and services, and We have around 24,000 employees across We offer our customers physical supply and digital modeling and formulation solutions. the world serving food and beverage financial solutions in the energy and metals manufacturers, foodservice companies and markets. We also are a leading provider in Protein & Salt retailers with food ingredients as well as food ocean freight with a sizable fleet and global We process beef, poultry, value-added meats and non-food applications. footprint to provide more choices for getting and egg products to food makers, food the right vessel to the right port for our Agricultural supply chain service companies and food retailers. Our salt customers. is used in food, agriculture, water softening We connect producers and users of grains and deicing. We have significant operations in and oilseeds around the globe through Animal Nutrition the US & Canada, Central America, China & origination, trading, processing, and Combining 120 years of experience with Southeast Asia and the UK. distribution, as well as offering a range insights from operating in 40 countries, we of farmer services and risk management help livestock and aquaculture farmers, solutions. feed manufacturers and distributors of all

Cargill Sustainability Cargill is working to nourish the world in a safe, responsible and sustainable way. We’ve been in business for more than 150 years and have a history working with partners to navigate our complex food system from field to table. Today, we work at the intersection of sustainability, food security and nutrition to find practical, scalable solutions that will nourish the world and protect the planet. We aim to be the most trusted source of sustainable products and services for our customers. With our global presence, market expertise and supply chain capabilities, we are committed to creating a more sustainable, food-secure future. Our customers and communities trust Cargill for solutions that will nourish the world and protect the planet, both now and for future generations.

Our strength is our ability to connect expertise around the world Employee data as of May 31, 2016. Gross investment is a four-quarter average as of May 31, 2016

North America Latin America Europe, Middle East & Africa Asia Pacific 45,000 Employees 29,000 Employees 25,000 Employees 51,000 Employees 41% of gross investment 16% of gross investment 27% of gross investment 16% of gross investment

1 Photos of the Cargill Executive Team are available upon request to Cargill Executive Team accredited members of the media. Please contact us at [email protected].

David MacLennan management positions within the financial, Business Partnership, as Chairman, the Chairman and Chief Executive Officer risk management, energy, and animal National Association of Manufacturers and protein platforms, living in both London and the U.S.-China Business Council. He has David W. MacLennan is chairman and chief Geneva. Prior to joining Cargill, he worked served on several corporate and non-profit executive officer of Cargill. He was elected in the futures and securities sector in boards, with a focus on the needs of under- to the Cargill Board of Directors in 2008 Chicago, and was president of fixed income privileged youth and access to education. and previously served as chief financial capital markets at USBancorp Piper Jaffray. He holds a bachelor’s degree in English officer and chief operating officer. from Amherst College and an M.B.A. in Outside of Cargill, MacLennan serves finance from the University of Chicago. Joining Cargill in 1991, he has held on the boards of Ecolab, the Minnesota

LeighAnne Baker employer of choice, with a culture focused human resources, Baker spent a majority of Leads Human Resources on high performance and unmatched her career in business and strategy roles. customer service. LeighAnne Baker is responsible for Cargill’s Baker graduated from Stanford University’s global human resources strategy and Prior to Hertz, Baker was senior vice Graduate School of Business where she practices. president, global human resources for The was a Sloan Fellow, and is currently a Reynolds & Reynolds Company, a leading member of the Sloan Alumni Advisory Prior to joining Cargill in May 2014, Baker provider of automotive dealer management Board. She holds a master’s degree in served as executive vice president, systems. She also led the human resources management from Stanford, an MBA from chief human resources officer at Hertz and organizational advancement activities Ashland University, and a bachelor’s degree Global Holdings. Under her leadership, for the global automotive business at The in mathematics from Capital University in Hertz rapidly became an award-winning Timken Company. Prior to moving into Columbus, Ohio.

David Dines Mr. Dines joined Cargill in 1992, and in key business processes and technology Leads Energy, Transportation & Metals 1994, he was asked to help start Cargill across Cargill. Prior to joining Cargill, and Cargill Risk Management Risk Management, a new business venture Dines was vice president at Bankers Trust for Cargill. Cargill Risk Management Company where he spent nine years. David Dines serves as a member of provides risk management products to Dines currently sits on the board of Cargill’s Executive Team. He oversees customers in the agriculture and energy directors for the Guthrie Theater in the Energy, Transportation and Metals markets. Dines was named president of Minneapolis. Enterprise as well as Cargill Risk Cargill Risk Management in 1999. From Management. He is a member of Cargill’s 2010-2013, Dines held a leadership role in Dines graduated from Colorado College Commodity Risk Committee and Financial Cargill’s Tartan Program, a major corporate in 1982 with a bachelor’s degree in Risk Committee. initiative to improve and standardize our economics.

Todd Hall Hall joined Cargill in 1982, and held general which he began leading in 2008. management positions in animal nutrition Leads Protein and Salt Hall earned a bachelor’s degree in animal between 1982 and 1998. He became science from Iowa State University. Todd Hall is responsible for strategy and president of the animal nutrition business execution for Cargill’s protein and salt in 2004. He also has extensive experience businesses. with the animal protein and salt businesses,

Ruth Kimmelshue for delivering efficient and effective supply She began her career in 1986 at Leads Business Operations & chain capabilities and functional expertise Continental Grain. She held roles in grain Supply Chain to the corporation and its businesses. and oilseed merchandising and trading, facility and general management, economic Before taking her current role, Kimmelshue Ruth Kimmelshue leads Cargill’s analysis, and marketing and sales in was a leader in Cargill’s animal protein Business Operations & Supply Chain, the U.S. and Europe. Cargill acquired and salt businesses. Prior to that, she an organization in Cargill including Continental Grain in 1999. strategic sourcing and procurement; plant served in a variety of leadership roles, operations; transportation and logistics; including president of Cargill’s turkey and Kimmelshue earned a B.A. in international environment, health and safety; food safety, cooked meats business; president of relations and an M.A. in agricultural quality and regulatory; and research and Cargill’s salt business; and vice president economics from Stanford University. development. This team is responsible and commercial manager of Cargill’s AgHorizons business.

2 | 2017 Fact Sheet Marcel Smits Committee and the Business Ethics and Lee, he was the CFO for KPN and Vendex Chief Financial Officer Compliance Committee. He is Cargill’s KBB in the Netherlands and has served in a Regional Director – Latin America. variety of financial management positions for Marcel Smits was elected Executive Vice Unilever in Europe, Latin America, and Asia. As CFO, he is responsible for economic President and Chief Financial Officer of Outside of his executive responsibilities, strategy and forecasting, financial Cargill in April 2013 and became Cargill’s Smits has served in a non-executive performance and investment, and timely Chief Compliance Officer in May of capacity in both for-profit and not-for- and accurate reporting of enterprise 2015. He serves on Cargill’s Board of profit institutions. He, from time-to-time, financials. He is also responsible for Directors and is a member of the Board’s teaches governance at universities in the all aspects of the Trade and Structured Executive Committee and Finance and Netherlands. Risk Management Committee. He is also Finance (“TSF”) business. Smits holds a Master’s Degree in Business a member of Cargill’s Executive Team, Prior to joining Cargill, Smits was CEO of Administration and a Master’s Degree in Tax Financial Risk Committee, and is Chairman Sara Lee and served as their CFO from Law from the University of Amsterdam and of the Cargill Process, Data and Technology October 2009 to May of 2010. Before Sara is a Certified Public Accountant (NIVRA).

Joe Stone Stone joined Cargill in 1985 and has served animal nutrition business. the company through various management Leads Animal Nutrition Stone holds a bachelor’s degree in roles, including in Cargill’s AgHorizons agricultural economics from the University Joe Stone is responsible for strategy and and grain and oilseeds businesses and of Nebraska. execution for Cargill’s animal nutrition the Cargill world trading unit in Geneva, businesses. Switzerland. In 2005, he joined the Cargill

Gert-Jan van den Akker including roles with palm oil byproducts in become senior head of global regions at Leads Agricultural Supply Chain Kuala Lumpur, domestic grain markets in Louis Dreyfus, a privately owned food and Tokyo, and corn and soybeans in Geneva. agriculture company. He was a member of Gert-Jan (“GJ”) van den Akker is Dreyfus’ senior leadership team, a member Van den Akker also has held leadership responsible for strategy and execution of the Dreyfus risk committee and leader roles in Cargill’s energy, transportation for Cargill’s agricultural supply chain of business development in the grain and metals businesses. He was businesses. and oilseed sector. He re-joined Cargill in managing director of the worldwide ocean December 2015. He joined Cargill in 1987 in Amsterdam and transportation business from 2007 to 2011. held a number of positions across Cargill’s He holds a master’s degree in law from the In 2013, van den Akker left Cargill to agricultural supply chain businesses, University of Amsterdam.

Frank van Lierde Cargill’s starches and sweeteners business, business. In 1998, he joined Cargill’s Leads Food & Bio-industrial Ingredients based in Mechelen, Belgium. He earlier Strategy & Business Development group in launched a sweeteners business in Poland Minneapolis, with a focus on acquisitions. Frank van Lierde is responsible for strategy as general manager. He returned to Europe in 2000 to lead the and execution for Cargill’s food and bio- starches and sweeteners business. industrial ingredients businesses. He joined Cargill in the Netherlands in 1989. After various assignments in commercial Van Lierde earned a master’s degree in bio- Van Lierde has led the company’s food management in the U.S. and Europe, engineering from the Katholieke Universiteit ingredients businesses since 2008, having he was appointed European sales and Leuven (KUL). previously served as managing director for marketing manager for the corn milling

3 Our History

1865 2006 2013 William Wallace Cargill leaves the family home in Cargill acquires Afgri’s Clark Cotton business – Cargill forms joint venture with Arasco to create a Janesville, Wisconsin, and becomes the proprietor and its interests in eight gins in southern Africa. starches and sweeteners business in the Kingdom of a grain flat house in Conover, Iowa. of Saudi Arabia. Cargill Animal Nutrition acquires a majority interest 1867 in its first feed business in India. ConAgra Foods, Cargill and CHS announce plans to form Ardent Mills, a joint venture flour milling W. W. Cargill and his younger brother Sam form 2007 business. a partnership, W. W. Cargill and Brother. The Cargill acquires full ownership of Agrograin, one of business constructs a grain flat house and opens Cargill opens a state-of-the-art poultry processing the leading grain and oilseeds trading and storage a lumberyard. facility in Lai’an Anhui, China. The facility spans companies in Hungary. the entire supply chain, from raising birds to 1880 2008 processing and distributing products to customers W. W. Cargill invests in two Minnesota flour mills Cargill opens a new cocoa processing facility in with modern food safety practices. and builds his first terminal elevator in La Crosse, Ghana. The facility complements Cargill’s existing Wisconsin. cocoa processing facility in Abidjan, Côte d’Ivoire. 2014 Copersucar and Cargill form Alvean, a sugar 1885 Truvia® natural sweetener introduced. trading joint venture. The Cargill brothers own or control 102 structures Cargill Corn Milling receives the 2008 Malcolm Cargill Animal Protein businesses announce plans in Minnesota, the Dakotas, Iowa and Wisconsin Baldrige National Quality Award. to move to group housing for sows and remove with a total grain capacity of over 1.6 million growth-promoting antibiotics in turkey. bushels. 2010 Cargill opens 17 new and expanded facilities Cargill becomes a member of The Forest Trust 1928 in nine countries, including joint ventures. This (TFT) to advance production of sustainable palm oil. Cargill Grain Company Ltd. organizes its first office represents a multiyear investment of $1.15 billion. Cargill opens a $100 million cocoa processing location outside of the United States in Montreal, facility in Indonesia. Canada. Cargill acquires Unilever’s tomato products business in Brazil. 1948 2015 Cargill celebrates its 150th anniversary year. The first office established in Asia-Pacific opened 2011 in Manila, The Phillippines. The Mosaic Company and Cargill agree to split- Cargill acquires a 51% stake in Ekol Gida, a off, and Cargill distributes its 64 percent stake, or leading company operating in premix and feed 1972 286 million share position, in Mosaic to Cargill’s additives markets in Turkey. Cargill enters the modern flour milling business by shareholders and debt holders. Cargill completes its acquisition of Zamanita from acquiring Burrus Mills in Saginaw, Texas. Cargill makes four key acquisitions to support its Zambeef. growth: AWB commodity management business 1997 JBS USA Pork purchases Cargill Pork business. in Australia; Indonesian starch and sweetener Cargill acquires the North American assets of maker in PT Sorini; Royal Nedalco’s potable Cargill opens first canola refinery in Canada. Akzo Salt, Inc., making Cargill one of the largest alcohol operations in Europe; and animal nutrition salt production and marketing companies in the Cargill completes acquisition of ADM’s global company, Raggio di Sole Mangimi S.p.A in Italy. world. chocolate business. Cargill acquires Provimi, a global animal nutrition Cargill enters salmon feed market with purchase 2003 company, for $2.1 billion – one of the company’s of EWOS from Altor and Bain Capital. Cargill’s earnings pass $1 billion for the first time largest acquisitions ever. in its history. Cargill elects CEO David MacLennan as next Cargill Beef Australia and Teys Brothers form a chairman. 2004 joint venture called Teys Australia, to become Cargill Fertilizer and IMC Global combine to form a one of Australia’s leading beef processors and 2016 publicly traded firm, The Mosaic Company. exporters. Cargill exits crop input business in Central and Eastern Europe. 2005 2012 Cargill acquires NatureWax, a market-leading Cargill opens its first office in Dubai, United Arab Cargill deploys more than $4 billion in capital provider of natural, vegetable-based waxes Emirates. investments, a record, in fiscal 2012; half went to acquisitions. Ventura Foods acquires Cargill’s Dressings, Cargill expands in cocoa with two new cocoa Sauces and Mayonnaise business buying stations in Vietnam and the acquisition Central American poultry and meat processor of the industrial chocolate facility, Schierstedter Corporación Pipasa becomes part of Cargill. Cargill acquires Fort Worth-based Five Star Schokoladefabrik GmbH & Co. KG, in Eastern Cargill enters into an alliance with the newly Custom Foods, Ltd., a business specializing in Germany. privatized Canadian Wheat Board. cooked protein products and custom prepared soups and sauces for the foodservice and food Cargill invests $20 million in NuTec Southern Africa, processing sectors. a joint venture with Astral Foods, expanding its animal nutrition capabilities in Sub Saharan Africa.

4 | 2017 Fact Sheet Awards

2016 2015 Great Place to Work 2012 2016 Hunger Hero Volunteer Award Cargill businesses in Uruguay, Nicaragua, Best Plantation Business Partner Award One of America’s largest food banks, Second Honduras and Venzuela were honored by Great Awarded to Cargill’s PT Hindoli palm plantation by Harvest Heartland, recognized Cargill for Place to Work as ranking among the top 10 the government of South Sumatra. outstanding employee and retiree engagement. businesses in their respective countries. Cargill Meats Central America operations in Costa Rica Alliance to End Hunger Partnership Award Top 100 Best Companies for Women in India and Guatemala, as well as EWOS operations in Cargill was recognized for advocating for policies Awarded to Cargill for its efforts to create a diverse Chile were also recognized. that ensure food security globally. and inclusive workplace by the Working Mother Business for Peace Award Media & AVTAR 100 Best Company for Women 2015 Award for Corporate Excellence Cargill was one of seven global honorees. The Survey in India, 2016. Awarded to Cargill by the U.S. Department of State in the category of human and labor rights for its award, organized by the International Chambers Canada’s Top 100 employers for 2017 work with smallholder farmers in Vietnam. of Commerce with the Nobel Prize organization, Awarded by The Globe and Mail newspaper, recognizes the contributions of businesses to recognizing Cargill’s commitment to providing society. employees with exceptional workplaces across 2014 Top Agricultural and Food Company in Brazil more than 100 locations in Canada. Unilever Visionary Award Cargill Brazil received first-place honors. The award The Cargill team was recognized for substantial was given by business journal Brasil Econômico. contributions made in each of the Partner to Win key 2015 priorities: innovation, responsible and sustainable Achievers 50 Most Engaged Workplaces™ living, quality and service, capacity, and capability. MLK Drum Major for Service Award Cargill was recognized for its support of Big in North America CDP global forests report Brothers Big Sisters of America’s Hispanic Cargill was recognized for displaying leadership Cargill was recognized as the leader in its sector Mentoring program, which works to attain and innovation in engaging their employees to for corporate action on tackling deforestation. make the workplace more productive. positive educational outcomes for youth in Latino Aon Hewitt Top Companies for Leaders communities America’s Top Corporations for Womens’ Cargill was named one of the 2014 top companies Business Enterprises in 2015 for leaders. The award recognizes best-in-class Awarded to Cargill by The Women’s Business talent management practices around the globe. 2011 Enterprise National Council. U.S. Secretary of State’s Award for Corporate Excellence Best Corporate Responsibility Practices 2013 Cargill India selected as a finalist for the company’s Awarded to Cargill Central America for its Presidential Green Chemistry Award efforts to address food security issues “Nourishing the Future” program, which in Cargill was recognized by the Environmental Canada’s Top Employers for Young People partnership with CARE, has facilitated sustainable Protection Agency (EPA) for its innovation in Company recognized as a top employer offering development in the region. developing Envirotemp™ FR3™ transformer oil the best benefits for younger employees Best employer in China made from natural esters. Indonesia Best Investor Award Awarded to Cargill by Aon Hewitt and LinkedIn. Company of the Year Awarded by Indonesia’s Ministry of Trade and The company was recognized for effective Awarded to Cargill by The Islamic Food and Industry for significant contributions to the country’s leadership, employee engagement, employer Nutrition Council of America for its global halal economy and community development branding and high performance. programs. ENERGY STAR Canada’s Best Diversity Employers Best Consumer Products Company Four Cargill locations earn the U.S. Environmental For the third year in a row, Cargill Limited was Cargill Brazil was recognized by EXAME magazine Protection Agency’s award for the second recognized for having exceptional initiative as the largest agribusiness in Brazil. to attract and retain employees from diverse consecutive year Hunger Hero communities. China Children’s Charity Award Awarded to Cargill and other Minnesota Awarded to Cargill China for its contribution to Fortune “Change the World” list companies for its efforts in the “great corn promoting rural education in China through the Cargill was listed as number 25 on Fortune rescue,” which provided 600,000 pounds of sweet China Children and Teenagers’ Fund Magazine’s “Change the World” list. The list corn to families in need. is a collection of 51 companies that have Platinum Indonesia CSR Award Leader in Diversity and Inclusion made a sizable impact on major global social Awarded to Cargill’s palm oil plantation in South Cargill Canada Limited was recognized by BMO or environmental problems as part of their Sumatra for its smallholder program that has Financial Group as an employer that displays competitive strategy. resulted in improved living standards for farmers exceptional workplace diversity and inclusiveness. 2015 Leadership in Environment Award U.S. Agency for International Development Awarded by the Keystone Policy Center for efforts Best Investor Award (USAID) Partnership Award to stop deforestation in the Amazon through the Awarded to Cargill’s PT Harapan Sawit Lestari Cargill was recognized for its role in advancing Brazilian Soy Moratorium. plantation by the West Kalimantan Government. food security in the developing world 2015 Best Sustainability Innovation Award Minneapolis Star Tribune’s Awarded to the Cargill Cocoa Promise initiative Top 100 Workplaces in Minnesota that improves access to affordable funding for Cargill was ranked #2 on the large company cocoa farmer cooperatives in Côte d’Ivoire by category list Food Ingredients Europe.

5 Media Contacts Cargill welcomes inquiries from the news media. Whether you are looking for basic company information or have a specific request, we are here to help. Members of the media should email us at [email protected], or visit our newsroom at www.cargill.com/news to find a media relations person in other regions to answer your questions.