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CORTEVA'S SEED AND GENETICS BUSINESS SPINCO TO BE REBRANDED AS VYLOR, INC.


Source: PRNewswire news release

INDIANAPOLIS, -- Corteva (NYSE: CTVA) announced today that the company that will comprise its current advanced seed and genetics business, previously referred to as "SpinCo," will be branded Vylor, Inc. Corteva's planned separation remains on track for the fourth quarter of 2026.

With more than 4,000 germplasm patents and more than 2,000 biotechnology patents, Vylor's innovation engine will be anchored in the industry's most elite germplasm and transformative biotechnology, including a world-class pipeline that includes gamechangers like proprietary hybrid wheat, leadership in gene editing, multi-disease resistance corn and next-generation biofuels. The company will leverage its next generation scientific expertise to further strengthen its core business while exploring opportunities to expand to new row crops - and potentially beyond - to help farmers feed and fuel the world.

The new brand reflects this vision. For example, the stylized "l" in the brand represents the negative space formed by a single chromosome, reflecting the role genetics has played and will continue to play in advancing agriculture. The use of green, maroon and blue in its expanded color palette is a nod to its Pioneer, Brevant, Hogemeyer and Corteva heritage. The name itself is derived from the word "valor," honoring the valor of the generations of employees and farmers whose hard work helped feed the world. It's also a nod to the mindset of the new company: vying for every opportunity.

"Vylor traces its roots back a century, to a single idea: that innovation could transform agriculture, and with it, the world. This belief - in the power of science to advance agriculture and help farmers feed and fuel a growing population - remains our North Star," said future Vylor CEO Chuck Magro. "From food security to energy security, powered by groundbreaking technology, elite germplasm and an advanced product portfolio, Vylor will be uniquely positioned to help solve some of the world's toughest challenges. The new brand reflects both this ambition and the determination to achieve it."

Vylor will launch from a position of strength, with the largest seed production network in the world, world-record yields in corn and soybeans and industry leading route-to-market. The globally recognized brands that will comprise Vylor have earned a #1 and #2 market share position for key crops in almost every region they serve.

About Corteva

Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.


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