Purpose

Overview of how we organize our efforts to help growers be successful What’s behind the Pioneer® brand T Series Research direction Critical role of Plenish® high oleic soybeans in the overall marketplace Answer your questions

Evolution of the Pioneer® brand Soybeans

B M2002 2006 2009 2013

AYT™ System

What Makes a T Series Soybeans Unique?

PRODUCE YIELD Strong genetics Accelerate yield gain

PROTECT YIELD Through the challenges and

specific conditions of growers’ fields Strong suite of native

defensive traits

Intense LOCAL TESTING Product knowledge

Agronomic knowledge

DELIVERED LOCALLY Right Product Right Acre

Novel integration of a proprietary matrix of molecular breeding technologies into the product development process

How it works

• Employs leading technologies to identify superior gene combinations in early development

• Screens and sorts every inbred before field testing

AYT™ System: Increased Yield GainReduced Yield Variability

Improved Predictability

The DuPont Oval Logo is a registered trademark of DuPont. ®, SM, TM Trademarks and service marks of Pioneer. ©2013 PHII

World-class breeding program

Producing the High Yield Potential

2013 Soybean On-farm Performance

Improved competitive yield performance in 2013 Pioneer® brand T Series soybeans demonstrated improved yield potential and outperformed

the competition 53 T Series varieties expected to make up about a third of North America soybean volume in 2014 Successful local testing in IMPACT™ trials resulted in 13 new products with the

Genuity® Roundup Ready 2 Yield® trait expected to represent about 5% of soybean volume in 2014 Exciting future classes advancing towards commercialization

Source: 2013 DuPont Pioneer on-farm trial database as of October 31, 2013. Customer comparisons based on 2013 yield results including data from weigh wagon, yield monitor and PKP trials for all Pioneer® brand varieties compared against all competitors. Individual results may vary. All data weighted by comparison within 3RM. Product performance is variable and subject to any number of environmental, disease and pest pressures.

Accelerating Total Soybean Performance with T Series

Molecular Markers for Key Regional Defensive Traits

Protecting the High Yield Potential

SOUTHWEST• Cyst Nematode

• Phytophthora

• Charcoal Rot

• Iron Chlorosis

SOUTHEAST• Cyst Nematode (88788 & Hartwig)

• Phytophthora

• Root Knot Nematode

• Stem Canker

• Frogeye Leafspot

• Salt Tolerance

• Charcoal Rot

EAST & NORTHEAST

• Phytophthora

• Cyst Nematode

• Aphid

• Brown Stem Rot

CENTRAL• Brown Stem Rot

• Phytophthora

• Cyst Nematode (88788 & Peking)

• Frogeye Leafspot

• Aphid

WEST• Charcoal Rot

• Phytophthora

• Iron Chlorosis

• Cyst Nematode

NORTH & NORTHWEST

• Iron Chlorosis

• Phytophthora

• Cyst Nematode (88788 & Peking)

• Brown Stem Rot

• Aphid

Charcoal Rot Soybean Aphids

Soybean Cyst Nematode

Phytophthora Root Rot

Asian Soybean RustSudden Death

Syndrome

COMMON SOYBEAN DISEASES

Powering Up Native Genes Valuable native plant characteristics leading to new traits.

Native gene solutions are being actively explored

Carman, MB

Volga, SD

Stoneville, MS

Kinston, NC

Redwood Falls, MN

Moorhead, MN

Algona, IADallas Center, IA

Lawrence, KS

Princeton, ILNapoleon, OH

Mascoutah, IL

West Memphis, AR

Champaign, IL

Woodstock, Ont

Expand local breeding and testing.

Increasing Soybean Research Focus

Stromsburg, NE

Soybean Research GrowthStoneville, MS

Facility completed March 2013

Focus on Maturity Groups 4 & 5

Steady pipeline of products for the Delta and Southeast

AYT-1

Soybean Research GrowthStromsburg, Neb.

Research Focus: Genetics: mid-Group 2 to mid-Group 3 Agronomic & disease traits: Soybean Cyst Nematode, Sudden Death Syndrome,

White Mold, Iron Deficiency Chlorosis

Improved “Testing Power”

IMPACT™ Trials – Working with our Customers Local testing Multi-year on-farm testing Customer involvement

2013 DuPont Pioneer Agronomy Sciences & IMPACT™ Testing

T Series Products Introduced for 2014

44 new T Series products New choices across seven maturity groups Enables true Right Product Right Acre approach Highlights:

• 24 varieties carry the Roundup Ready® gene.• 13 varieties with the RR2Y gene• 4 new Plenish® high oleic varieties.• 3 new products with the LibertyLink® gene. • 2 new varieties with the Roundup Ready/STS® gene stack.• 30 products are SCN resistant.• 35 products carry a major Phytophthora resistant gene.

Robust Ag Pipeline is Growing Even Stronger

2008

Pre-Launch(Phase 4)

Advanced Development

(Phase 3)

Lepidopteran/Coleopteran Protection DP 4114

Soybean – Aphid ProtectionCanola – Optimum® GLY Trait

Canola – LibertyLink® Trait

Lumigen™ and Dermacor® Seed Treatment Technologies (Insect Control)

Soybeans – Asian Soybean Rust Resistance IHighly active oomycete control, new mode of action

Lumigen™ Seed Treatment Technologies (Disease Control)

Optimum® Leptra™ hybrids

Pioneer® brand soybeans with the Genuity® Roundup Ready 2 Yield® trait

Launch

Soybean – Multiple MOA Weed Control

Auxin traits Roundup Ready 2 Xtend herbicide tolerance Enlist herbicide tolerance

• Pioneer has access to these traits. Timing of introduction is subject to regulatory approvals

Next generation SU tolerance Enables higher use rates and wider application window for direct

application of SU chemistries Crop rotation flexibility following SU herbicides Another tool to manage weed resistance Limited launch in 2015, pending field testing

LibertyLink herbicide tolerance Pioneer has and will continue to offer products with the

LibertyLink® trait

Pioneer® brand soybeans with the Roundup Ready 2 Xtend® technology will not be offered for sale or distribution until completion of field testing and full regulatory approval.

A 15-20 Million Acre Market

Plenish® High Oleic SoyThe Re-Invention of Soybean Oil

Very High Stability Without Hydrogenation Improved Health Profile

• 0g of Trans Fats (Even more critical with FDA’s Nov 7th announcement on GRAS status of PHO)

• ~75% heart healthy Oleic fatty acid• 20 percent less saturated fat than commodity

soybean oil Enhanced functionality with higher heat stability

for frying and improved shelf life Large new markets in non-food applications Solid yield and agronomics

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10

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30

40

50

60Bu/Acre

Plenish® High Oleic Soybean 3 Year Yield Data Summary

Source: Pioneer research plot yield data from 346 observations in Indiana and Ohio depicting an average yield on Plenish® high oleic soybean commercial varieties compared to average yield of Pioneer® brand elite soybean checks in 2011 – 2013.

Plenish® High Oleic Soybeans Pioneer® brand elite soybeans

57.1 57.4

Plenish® High Oleic Soybean Yield Performance on Par with Elite Pioneer® Brand Soybean Varieties Most advanced genetics from DuPont Pioneer Strong defensive trait package

• Soybean Cyst Nematode (SCN) resistance• Phytophthora resistance and/or Phytophthora tolerance• Good tolerance to Sudden Death Syndrome (SDS)

Stable fatty acid profile even with significant weather stress

Partnerships representing ~ 70% of U.S. soybean processing capacity

* Industry estimate, total high oleic soy category

2014 Processor Programs

Delphos, OHBellevue, OHDecatur, IN

Salisbury, MD

Sidney, OH

Frankfort, IN

The Big Players are Engaged

The Four Pillars of T Series Soybeans

PRODUCE YIELD

PROTECT YIELD

INTENSE TESTING

LOCAL EXPERTISE

G R O W E R S

Thank You!

Merci!