Plenish ® High Oleic Soy

1. Plenish® High Oleic Soy

2. 2 Plenish®High Oleic Soy - A High Impact Product • Improved Fatty Acid Profile • ~75% Oleic, highest oleic content in soy • 20 percent less saturated fat than commodity soybean oil • 0g trans fat • Enhanced functionality with higher heat stability for frying and improved shelf life • New Markets in Industrial Applications • Renewable, environmentally-friendly alternative to petroleum-based products • Solid soybean yield and agronomics to reduce costs 22% 75% The First Biotech Trait with Direct Consumer Benefits

3. 3 Biotechnology to Improve Soybean Oil Stability & Nutrition • Large reduction in unstable fatty acids • Eliminates need for hydrogenation and the creation of trans fats • Large increase in heart-healthy oleic fatty acid (monounsaturated fat) • Fatty acid profile similar to heart-healthy olive oil Linolenic Acid C18:3 Palmitic Acid C16:0 Stearic Acid C18:0 Oleic Acid C18:1 Monounsaturated Polyunsaturated Linoleic Acid C18:2 Saturated Silencing of oleic desaturase genes Relative rate of oxidation 1 40 98

4. Pioneer’s Plenish® Seed Product Development Plenish® High Oleic Soybean Yield Data Summary (Bushels / Acre) • Commercialize products which demonstrate yield parity and meeting composition specifications • Develop products that growers will grow for their yield and agronomics even if no premium was paid • Products must meet minimum oil and protein targets for Processors and End-users • Commercialize products that are in the “Leader Package” of Pioneer products in a production zone. • Products must meet same advancement criteria as Pioneer’s elite commodity seed products along with compositional targets • Wide area product testing in key geographies prior to commercial release • Meet or exceed defensive trait (disease resistance) targets in all target geographies • Cyst Nematode, Phytophthora, Sudden Death Syndrome, Others Source: Pioneer research plot yield data from 407 observations in Indiana and Ohio depicting an average yield on Plenish® high oleic soybeans commercial varieties compared to average yield of Pioneer® brand elite soybean checks in 2010 - 2012 Plenish® High Oleic Varieties Pioneer Elite Varieties

5. 5 Food Industry Demand • Targeted Applications • Restaurant Applications • Frying Oils - restaurant deep-frying • Pan/Grill Oils – pan frying, sauté • Pan Sprays – anti-sticking release agent • Salad dressings, sauces • Packaged Foods • Commercial Frying - frozen potatoes, chicken, seafood • Snack Foods – salty snacks, chips, nuts • Baked Goods – spray oil, base oil for shortenings Product testing with major food companies • Meeting or exceeding product performance targets • Positive test results on flavor and functionality attributes • Large supply availability in the future to maintain an attractive price point

6. Canal Breach Results in Spill to Lewis River Cleanup workers removing oil from the transformer below damaged power house. 6 Plenish®Oil Opens New Industrial Markets Drivers • Environmental stewardship • Containment and clean-up costs • Functional properties • Higher flash point • Lubricity • Volatility • Value of High Oleic Soy • Heat and Oxidative Stability • Lubricants • Transformer Oils • Oleic Purity – better product uniformity, reduced separation costs • Polyols • Oleochemicals Represents 15 – 20% of High Oleic Soy acres

7. 7 Benefiting Everyone from Farmers to Consumers • Farmers: • High performing soybeans with yields similar to Pioneer’s elite varieties, opportunity to earn additional income per bushel • Soy Processors: • Expanded markets, supports existing infrastructure • Food Service Companies: • Longer fry life, reduced polymer buildup, improved flavor • Packaged Food Companies: • Trans-free label, improved flavor, better shelf life • Consumers: • Nutrition benefits with improved taste, 0g trans fat, less saturated fat, high in monounsaturated fat • Non-Food Companies: • Biodegradable, renewable replacement for petroleum oils High Oleic Soy 10 – 15 MM Acres 25-35% of US crush Volume

8. 8 www.plenish.com