Dupont De Nemours, Inc. · NYSE:DD

Dupont De Nemours — DowDuPont — Presentation (October 2018)

15 slides from Dupont De Nemours's investor presentation, Oct 18, 2018

  1. Slide 1: Form 10 October 2018 - Agriculture Division of DowDuPont

    Form 10 October 2018 InsertAgriculture Risk Classification Division of DowDuPont

  2. Slide 2: Safe Harbor and Non-GAAP Statements

    Safe Harbor and Non-GAAP Statements Forward-Looking Statements This communication contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amend

  3. Slide 3: Safe Harbor and Non-GAAP Statements (cont'd)

    Safe Harbor and Non-GAAP Statements (cont’d) Forward-Looking Statements, Contd. These risks are and will be more fully discussed in the current, quarterly and annual reports filed with the U. S. Securities and Exchange Commission by DowDuPont, as well as the preliminary registration statement on For

  4. Slide 4: Safe Harbor and Non-GAAP Statements (cont'd)

    Safe Harbor and Non-GAAP Statements (cont’d) Corteva Unaudited Pro Forma Financial Information In order to provide the most meaningful comparison of results of operations and results by segment, supplemental unaudited pro forma financial information has been included in the following presentation. T

  5. Slide 5: Principal Sections of the Form and What Is To Come

    Principal Sections of the Form 10 And What Is To Come Principal Sections Initial Filing Subsequent Filings Business section  Risk factors  Distribution  Dividend Policy (subject to approval of Corteva Board of Directors)  Material tax consequences  Relationship with New DuPont and New Dow

  6. Slide 6: Financial Information Basis of Presentation

    Financial Information Basis of Presentation Discontinued Operations: Transfer in of Separation Historical DuPont Historical DAS Adjustments Specialty and DuPont Materials • The Form 10 includes unaudited pro forma financial information for Corteva • The presentation starts with E. I. du Pont Nemours

  7. Slide 7: Pro forma information provided in the Form 10

    FORM 10 The pro forma information provided shows Corteva pro forma income statements and balance sheet including Dow Agrosciences and removing the historical DuPont Materials and Specialties businesses; they also reflect Corteva as if the merger occurred on 1/1/2016 and include separation adjustment

  8. Slide 8: Reconciliation of Ag Division to Corteva, Inc. (net sales)

    Reconciliation of AgForm Division 10 to Corteva, Inc. 2016 2017 June 30, 2018 (in millions) (6 Months) DWDP Ag Segment Pro Forma Net Sales $ 14,060 $ 14,342 $ 9,538 Excluded businesses (145) (288) (79) Other 2 68 14 Corteva Pro Forma Net Sales $ 13,917 $ 14,122 $ 9,473 Agriculture Division of DowDuP

  9. Slide 9: Reconciliation of Ag Division to Corteva, Inc. (Operating EBITDA)

    Reconciliation of Ag Division to Corteva, Inc. 2016 2017 6/30/18 1. 2016, 2017 and YTD 2Q2018 functional, leveraged and (in millions) (6 Months) corporate costs are estimated based on the total costs incurred as part of Dow and DuPont. DWDP Ag segment $ 2,322 $ 2,6112 $ 2,576 operating EBITDA 2. Wit

  10. Slide 10: On Track for June 2019 Spin

    On Track for June 2019 Spin SEPTEMBER 17, 2018 NOVEMBER 8, 2018 MAY 2019 OCTOBER 2018 THROUGH MAY 2019 JUNE 1, 2019(1) Management Equity Investor Day Announcements Road Show Initial Form 10 Form 10 Expected Spin Filing Amendments BOD Announcements • Pro forma financial statements • Capital structure

  11. Slide 11: Appendix

    Appendix Agriculture Division of DowDuPont 11

  12. Slide 12: Corteva Selected Non-GAAP: Pro Forma Operating EBITDA

    Corteva Selected Non-GAAP Calculation of Corteva Pro Forma Operating EBITDA In millions 2017 2016 YTD 6/30/18 YTD 6/30/17 Pro Forma Pro Forma Pro Forma Pro Forma Pro forma income from continuing operations, net of tax (GAAP) 1 $ 2,230 $ 334 $ 843 $ 1,213 (Benefit from) provision for income taxes (3,

  13. Slide 13: Corteva Selected Segment Information

    Corteva Selected Segment Information Pro forma net sales by segment In millions 2017 2016 YTD 6/30/18 YTD 6/30/17 Seed $ 8,066 $ 7,842 $ 6,169 $ 6,365 Crop Protection 6,056 6,075 3,304 3,180 Total pro forma net sales $ 14,122 $ 13,917 $ 9,473 $ 9,545 Corteva Pro forma Operating EBITDA In millions 20

  14. Slide 14: Corteva Pro forma significant items (Pretax)

    Corteva Pro forma significant items (Pretax) In millions 2017 2017 YTD 6/30/18 YTD 6/30/17 Seed Bayer CropScience arbitration$ 469 $ - $ - $ 469 Restructuring and asset-related (benefits) charges - net 133 27 84 - Gain on sale of assets - - (24) - Total Seed 602 27 60 469 Crop Protection Customer cl

  15. Slide 15: Agriculture Division of DowDuPont 15

    Agriculture Division of DowDuPont 15

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