Adecoagro S.a. · NYSE:AGRO
Adecoagro — Investor Presentation (2021)
24 slides from Adecoagro's investor presentation, Dec 16, 2021
Slide 1: Adecoagro: A Sustainable Development Model
& adecoagro ADECOAGRO A SUSTAINABLE DEVELOPMENT MODEL
Slide 2: Index
INDEX 1 WHO WE ARE 2 OUR BUSINESS SEGMENTS 3 OUR PRODUCTIVE MODEL
Slide 3: Who We Are
GS adecoagro
Slide 4: Who We Are
WHO WE ARE We are an We produce AGRIBUSINESS SUGAR, ETHANOL, ENERGY, GRAINS, RICE, PEANUTS AND COMPANY DAIRY PRODUCTS OF THE producing FOOD AND RENEWABLE ENERGIES HIGHEST QUALITY We operate We develop IN DIFFERENT REGIONS OF EFFICIENT AND BRAZIL, ARGENTINA SUSTAINABLE AND URUGUAY PROJECTS Y 4
Slide 5: Our Vision
OUR VISION WE WANT TO BE THE MOST EFFICIENT AND SUSTAINABLE PRODUCER OF FOOD AND RENEWABLE ENERGY. Profitable for our shareholders. Good for the environment. Focus on returns. Source of carbon credits. Efficient production models and Good for our clients. Satisfy continuous improvement. their needs
Slide 6: Where We Are
WHERE WE ARE BRAZIL • 3 Sugar & Ethanol Mills • +175 thousand hectares of sugarcane • +11 million tons of sugarcane crushed per year • +825 mil MWh of renewable energy generated per year NORTH OF ARGENTINA • 13 thousand hectares of special crops planted • Agriculture in our own farms NORTHEAST OF AR
Slide 7: Our History
OUR HISTORY • Expansion of our crops business into Uruguay and Brazil • Consolidation of our sugar, Foundation of Adecoagro in • Beginning of operations in Listing in the New ethanol and energy cluster Argentina with the idea of the sugar, ethanol and adopting a sustainable York Stock Exchange • Ver
Slide 8: Governance
GOVERNANCE INDEPENDENCE, TRANSPARENCY AND ACCOUNTABILITY ARE THE CORNERSTONE OF OUR CORPORATE GOVERNANCE MODEL 100% of our Directors and 100% of our Directors employees and employees TRAINED IN SIGNED OUR ANTICORRUPTION CODE OF ETHICS POLICIES AND AND CONDUCT PROCEDURE High degree of OPEN DOOR INDEP
Slide 9: We Build a Culture Based on Our Values
WE BUILD A CULTURE BASED ON OUR VALUES TRANSPARENCY TRUST EFFICIENCY We are honest in our We generate solid We maximize relationships and work with and long-lasting relationships. our capacities. integrity. INNOVATION SUSTAINABILITY SAFETY We encourage We promote We promote a safe and sustainable cr
Slide 10: Our Team
OUR TEAM 8,900 EMPLOYEES IN THE ADECOAGRO FAMILY WE ARE PASSIONATE FOR WHAT WE DO. WE CONTINUOUSLY WORK TOWARDS IMPROVING AND OUTPERFORMING OURSELVES 10
Slide 11: Our Business Segments
GS adecoagro OUR BUSINESS SEGMENTS
Slide 12: Financial Overview - Adjusted EBITDA
FINANCIAL OVERVIEW - ADJUSTED EBITDA 342 $ USD MM 298 314 305 276 216 215 181 150 142 96 29 3 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 (*) IN JANUARY 2011 ADECOAGRO WAS LISTED IN NYSE UNDER THE TICKER AGRO 12
Slide 13: Our Business Segments
OUR BUSINESS SEGMENTS SUGAR, ETHANOL & ENERGY RICE CROPS DAIRY 13
Slide 14: Sugar, Ethanol and Energy Activity Brazil
SUGAR, ETHANOL AND ENERGY ACTIVITY BRAZIL +800,000 6,600 MWh/year employees + 175,000 SUGARCANE hectares Fertilizers Harvest of sugarcane in Mato Grosso do Sul 647,000 tons Vinasse Soil carbon sequestration and Minas Gerais of sugar production Crushing 750 ETHANOL tractors and trucks SUGAR Bagasse C
Slide 15: Rice Activity Argentina
RICE ACTIVITY ARGENTINA Domestic and In-house production export market of seeds Traceability focused on 48,000 hectares quality and under irrigation safety (NE Argentina) Sustainable Advanced 6 rice varieties use of water technology in the field Long grain Parboiled 3 mills Medium grain to process 1
Slide 16: Crops Activity Argentina and Uruguay
CROPS ACTIVITY ARGENTINA AND URUGUAY Traceability 240,000 planted focused on quality hectares and safety In 9 provinces of Argentina and Uruguay 1 plant for peanut processing with 80,000 tons 50,000 hectares capacity of cover crops Dalmacio Vélez, Córdoba Good Farming Sustainable Practices Productio
Slide 17: Dairy Activity Argentina
DAIRY ACTIVITY ARGENTINA Domestic and Cow feeding export market production Animal 13,500 High quality welfare milking cows in 4 high efficiency products free stalls Over 36 liters per cow per day 3 brands 36 Clean sand beds, cooling and hydration 1.4 MW systems Installed capacity of the biodigester
Slide 18: Our Products
OUR PRODUCTS Fluid milk Renewable Rice Rice energy Powdered snacks Sugar milk Chocolate milk Milk cream Semihard cheese Organic sugar Chickpea Corn Wheat Sunflower Ethanol Soy Peas Beans seeds Peanuts 18
Slide 19: Our Production Model
GS adecoagro OUR PRODUCTION MODEL
Slide 20: Efficiency
EFFICIENCY LOW COST DIVERSIFICATION We produce each product where the combination of climate and Our diversification is a natural hedge from climate risk and soil enables us to be the lowest cost producer commodity price volatility INTEGRATION FLEXIBILITY We are present at each stage of the chain ad
Slide 21: Innovation
INNOVATION WE ENCOURAGE CREATIVITY AND ONGOING IMPROVEMENT IN EACH OF OUR BUSINESSES CLUSTER IN MATO GROSSO DAIRY FARM WITH DO SUL MAXIMUM PRODUCTIVITY • Meiosis technology and pre-sprouted seedling implementation (“muda”). • Optimal conditioning for animal welfare • Generation of biomethane from co
Slide 22: Environmental Management
ENVIRONMENTAL MANAGEMENT C I R C U L A R economy initiatives R E N E W A B L E E N E R G Y projects and R E G E N E R A T I V E agriculture Good practices: no till, cover crops, biological Pioneers in the sale of Cbios (Renovabio) pesticides, etc Zero level technology results in 30% of water Our bio
Slide 23: Social Development
SOCIAL DEVELOPMENT FOOD SAFETY AND QUALITY LOCAL JOB CREATION GFSI certifications among others Providing equal opportunities H E A L T H A N D S A F E T Y at work CO M M I T M E N T to the community Protocols and training Education, Nutrition and Local Development 23
Slide 24: Thank You!
& adecoagro THANK YOU!