Nufarm Limited · ASX:NUF

Nufarm — Investor Day (May 2013)

113 slides from Nufarm's investor day presentation, May 28, 2013

  1. Slide 1: Seed Technologies Investor Day

    SEED TECHNOLOGIES Investor Day 28 May 2013 Melbourne, Australia

  2. Slide 2: Introduction & Seed Technologies Review

    INTRODUCTION & SEED TECHNOLOGIES REVIEW Robert Reis Group Executive, Corporate Strategy & External Affairs

  3. Slide 3: Agenda

    Agenda Introduction & Seed Technologies Review 10:00 am Nuseed Global Overview 10:10 am Innovation 11:00 am R&D Model & Capabilities 11:45 pm Omega 3 12:15 pm Lunch 1:00 pm Nuseed Regional Business Overview 1:30 pm Seed Treatment 3:00 pm Summary & Close 3:30 pm

  4. Slide 4: Seed Technologies Platform

    Seed Technologies Platform • Seed • Traits • Seed treatment

  5. Slide 5: Seed Technologies increasingly relevant to Nufarm's future

    Seed Technologies increasingly relevant to Nufarm’s future • 15% of group EBIT in 2012 • Ambition: double contribution in next 3-4 year period $121 m sales • Strong platforms for organic growth 53% GM $30.6M EBIT • Highly targeted acquisition opportunities 2012 Segment $10 m Sales Sales (A$) $-2M EB

  6. Slide 6: Nuseed Global Overview

    NUSEED GLOBAL OVERVIEW Brent Zacharias General Manager, Nuseed Group

  7. Slide 7: Global Company

    Global Company

  8. Slide 8: Global Management Team

    Global Management Team Brent Zacharias General Manager, Nuseed Group Gary Barber Danielle Moore Corporate Global Financial Communications Controller Manager Andy Thomas Travis Rankin Daniel Hinderliter Brent Whittaker Errol Corsan James Gerdes R&D Director, Malcolm Devine President, Americas & Gener

  9. Slide 9: With us today…

    With us today… Brent Zacharias Andy Thomas General Manager, Nuseed Group President, Americas & Emerging Markets Brent provides strong visionary leadership for Nuseed’s global strategy Andy leads our US, Mexico and China businesses, from our Chicago and overall business success. From global headquart

  10. Slide 10: Different thinking from a new kind of seed company

    Different thinking FROM A NEW KIND of seed company…

  11. Slide 11: Enhancing the value of crops through seeds with greater purpose

    Committed to enhancing THE VALUE OF CROPS THROUGH seeds with greater purpose.

  12. Slide 12: Innovations in canola, sorghum, sunflowers

    Innovations in canola, sorghum, sunflowers • More than yield • Use seed technology to solve problems • New ways to add value through the entire process

  13. Slide 13: Worldwide resources. Local knowledge.

    Worldwide resources. Local knowledge. • Worldwide resources • Regional knowledge • Anticipate consumer demand and the opportunity it creates for farmers and processors • Concentrate on select core crops with exceptional potential • Deliver innovations that make a difference

  14. Slide 14: Advancing invention to market innovation

    Advancing invention to market innovation • Changing rural lives in China • Land produced DHA-rich • Green bio-energy Omega 3 oils • High quality gluten-free • More beef, pork, chicken sorghum flour and milk • Productivity step change • Saving water in Africa • Healthful sunflower snack • Healthy oil

  15. Slide 15: Commitment, focus, capabilities

    Commitment, focus, capabilities • Our commitment – Global scale, local impact – Apply the highest levels of innovation, science and investment to ensure results • Our focus – Deliver top yielding hybrids stacked with leading disease, stress, herbicide and productivity traits – Enhance crops beyond y

  16. Slide 16: World leading sunflowers

    World leading sunflowers • Critical role in healthful food alternatives • Deliver solutions that enhance production and benefit both the grower and end-use consumer • Lead global product and market development in new segments • $1,500M market in seed and treatment • Strong seed and end use market gr

  17. Slide 17: Revolutionary sorghum

    Revolutionary sorghum • Recognize the incredible potential of sorghum • Apply modern breeding techniques to the worlds 6th largest crop • Hybrids with high energy availability for feed and fuel applications • Creating a premium food use product category • $400M existing global seed market value • Ex

  18. Slide 18: Canola on the cutting edge

    Canola on the cutting edge • Impressive range of products • Key role in innovating Monola® • Development of DHA-rich omega 3 oil in canola plants • $1B global seed-trait-treatment market • Opportunity to significantly lift market value in target countries

  19. Slide 19: Growing opportunity

    Growing opportunity • Unique focus and passion to go beyond yield • Tremendous depth of knowledge and experience in core crops • Innovative thinking that is impacting the industry today • Looking ahead to add value in the future

  20. Slide 20: International reach. Local impact.

    International reach. Local impact. • Locations around the world > 250 dedicated staff • Product testing and sales in >35 countries • Regional operating units delivering hybrids, traits, production techniques and seed treatments tailored to individual climates, soil types and markets

  21. Slide 21: Four pillars of growth

    Four pillars of growth Hybrid Pipeline a Mergers & Acquisitions 2,

  22. Slide 22: M&A history

    M&A history Canola: Strategic asset: 2004 AgSeed Research • Canola breeding 2006 Nutrihealth • Specialty canola traits 2006 Dovuro Seeds • Production & sales infrastructure 2006 Monsanto Assets • Canola breeding program & RR trait Sunflowers and sorghum: Strategic asset: 2008 Lefroy Seeds • Sunflowe

  23. Slide 23: Nuseed life cycle

    Nuseed life cycle Phase III: Evolution - Delivery of novel traits - Downstream engagement Phase II: Growth - Redefining key crop value - Realization of R&D and M&A investment returns - Seed treatment synergy - New trait & hybrid launches - Crop expansion Phase I: Emergence - Nearing completion - Glo

  24. Slide 24: Summary

    Summary • Nuseed is a distinct seed and traits company • Successful track record, profitable growth • Strong leadership team • Considerable growth ambition • Innovation focused – sharing the rewards in partnership

  25. Slide 25: Innovation Pipeline

    INNOVATION PIPELINE Brent Zacharias General Manager, Nuseed Group Andy Thomas President, Americas & Emerging Markets

  26. Slide 26: Innovation defined

    Innovation defined • Invention to market innovation • Beyond yield impact • See yield differently • Market introduction and value capture

  27. Slide 27: Innovation sources

    Innovation sources Alternate plant species gene discovery (GMO, in partnerships) Unique gene Native traits from & trait stacks proprietary germplasm (public, licensed, proprietary) & molecular discovery (in house & partnerships)

  28. Slide 28: Advantages of native traits

    Advantages of native traits • Speed • Development costs • Significantly lower regulatory costs • Higher ROI, lower hurdle rates

  29. Slide 29: Nuseed innovation stages

    Nuseed innovation stages Discovery & Trait Trait Hybrid Proof of Launch Development Introgression Advancement Concept

  30. Slide 30: Innovation Pipeline Status

    INNOVATION PIPELINE STATUS

  31. Slide 31: Discovery & proof of concept

    Discovery & proof of concept • Omega 3 – Land based DHA rich oil from elite canola plant source – Just advanced to trait development in 2013 • Novel input trait 1: sorghum – Increase in yield and adaptable area • Novel ‘beyond yield’ trait 1: sunflower – Unique downstream user attribute Discovery &

  32. Slide 32: Trait development

    Trait development • Novel input trait 2: sorghum – Increase in adaptable area and yield • Input trait 2 with ‘beyond yield’ stack: sorghum – Increase in yield and adaptable area with ‘beyond yield’ trait • Novel ‘beyond yield’ trait 2: sunflower – Unique downstream user attribute Discovery & Trait T

  33. Slide 33: Trait introgression

    Trait introgression • Roundup Ready (second generation): canola – Collaboration with Monsanto • Input trait stack: oilseed sunflower – Multiple disease resistance, HT, orobanche stack • Novel input & beyond yield trait stack: confection sunflower – Increase in adaptable area and yield • Sorghum herb

  34. Slide 34: Hybrid advancement and launch

    Hybrid advancement and launch • High brix sorghum hybrids – Alternative crop for sugarcane ethanol producers • RR canola hybrids (Australia) – First year launch, second generation in prelaunch • Canola and Monola hybrids (Global) – Hybrids extending to global markets for testing • Long seeded confec

  35. Slide 35: Innovation Projects in Commercial Ramp Up Stage

    INNOVATION PROJECTS IN COMMERCIAL RAMP UP STAGE

  36. Slide 36: Monola

    Monola The seed: • Trait enhanced – modified oil • Australia adapted – drought, herbicide, disease • Identity preserved production system The oil: • Low saturated fat (<7%), trans fat free (<0.1%) • High oleic (>68%), high stability (2x canola) • Heart Foundation approved The opportunity: • Supply l

  37. Slide 37: High energy sorghum

    High energy sorghum The seed: • Brown mid rib trait in forage and grain sorghum combined with inherent high water use efficiency The feed: • Low lignin, high palatability, more digestible for improved feed conversion... more milk, more meat The opportunity: • Change the way animals are fed in a wate

  38. Slide 38: Nuseed announces new category

    Nuseed announces new category

  39. Slide 39: Wholis

    Wholis The seed: • Adapted sorghum from a ‘feed grain’ to a premium ‘food grain’ • Maintains sorghum's inherent gluten free quality and ability to produce in water-limited environments around the world The food: • Designed for milling fine white food-grade flour (gluten free) The opportunity: • New

  40. Slide 40: Wholis advancement

    Wholis advancement Broad germplasm base Baking tests Milling quality improvement and testing Adaption from feed to food seed types

  41. Slide 41: Confection sunflower

    Confection sunflower The seed: • Breeding program develops hybrids that demonstrate desired consumer characteristics (size, color, texture) and agronomics (yield). Yield has doubled in last five years in China The food: • Harvested grain is processed and sold as snack food in global markets The oppo

  42. Slide 42: Summary

    Summary 1. Exciting commercial & future pipeline of “beyond yield traits” 2. Strong yield and input trait pipeline 3. Efficient innovation model – highly targeted investment Discovery & Trait Trait Hybrid Proof of Launch Development Introgression Advancement Concept Sorghum Input trait 1 Input trait

  43. Slide 43: Research & Development Design and Capabilities

    RESEARCH & DEVELOPMENT DESIGN AND CAPABILITIES Errol Corsan R&D Director, Canola & Sorghum Jim Gerdes R&D Director, Sunflower & Trait Development

  44. Slide 44: Shift in R&D sophistication and scale

    Shift in R&D sophistication and scale 2009 2013 2 field stations 11 field stations 2 Innovation Centers 10 research staff > 50 research staff Traditional plant breeding Genetic mapping Molecular marker assisted breeding Double haploid breeding GM trait development Mutation breeding Accelerated trait

  45. Slide 45: R&D components

    * pt am 3 (| R&D components TRAIT INTROGRESSION Fi» BC1»>BC2» BC3> BC4> BC5» Converted Inbred INRED LINE DEVELOPMENT F1>F2>F3>F4>F5>F6> Inbred

  46. Slide 46: Using tools and technology to reduce pipeline time, numbers and cost

    Using tools and technology to reduce pipeline time, numbers and cost PARENTS breeding years 1-3 HYBRIDS testing years 4-8 1-2 Commercial F1-F2 <10 F3-F5 Tens Hundreds F6- F8 Thousands Generate hybrids for testing

  47. Slide 47: Hybrid advancement model

    Hybrid advancement model Global numbers Target # of experimental hybrids T0 • Breeder observation 8,000-10,000 T1 • Yield trials local 1,000 T2 • Multi environment regional 500 T3 • Multi environment national 100 T4 • Registration completion and launch 10-20 per annum Outcome: • Continuous pipeline

  48. Slide 48: Innovation Centre: California

    Innovation Centre: California • Molecular biology lab • Pathology lab • Quality analysis lab • Greenhouse capacity • Global sorghum and sunflower trait development and advancement

  49. Slide 49: Innovation Centre: Horsham

    Innovation Centre: Horsham • Global centre for canola innovation • Pathology • GM (PC2 certified) glasshouse and lab • GM trait transformation • Growth chambers • Trait advancement and introgression

  50. Slide 50: Sunflower field stations

    Sunflower field stations Venado Tuerto, Toowoomba, Rio Verde, Woodland, Santa Fe, Queensland, Goias, California, Argentina Australia Brazil United States Breckenridge, Novisad, Minnesota, Serbia, China United States Europe

  51. Slide 51: Sorghum field stations

    Sorghum field stations Toowoomba, Venado Tuerto, Rio Verde, Queensland, Santa Fe, Goias, Australia Argentina Brazil Vega, Novisad, Texas, Serbia, United States Europe

  52. Slide 52: Canola field stations

    Canola field stations Horsham, Venado Tuerto, Breckenridge, Victoria, Santa Fe, Minnesota, Australia Argentina United States Dahlen site Brimpaen trials Crossing tent 20 hectares

  53. Slide 53: Summary

    Summary • Completing scale up for leading research and development platform in our core crops • Significant step change in sophistication, investment, and trait capability • Continuous pipeline to deliver leading genetics with leading traits

  54. Slide 54: Omega 3 Project Review

    OMEGA 3 PROJECT REVIEW Mike Pointon Group Executive, Innovation & Development Dr James Petrie, PhD CSIRO Food Futures Flagship

  55. Slide 55: Slide 55

  56. Slide 56: EPA/DHA science developments

    EPA/DHA science developments • 1980’s Scientific data of benefits of EPA/DHA for CVD • 1990’s Supplements launched for CVD and general health • 1990’s Evidence – benefits for embryo and infants • 2000’s Science explosion – new evidence in clinical trials, pharma Impact: • Demand spike - humans ingre

  57. Slide 57: New Scientific Papers Published

    2000 New Scientific Papers Published on EPA and DHA, 1967-2012 1500 1000 1970 1976 1 1973, ell pallial Eos Source; Pubmed, as of August 25, 2012 Even with more than 24° New Human RCTs Published on EPA 23,000 and DHA, 1967-2012 published papers and 2,500 x human clinical trials, we are still only beg

  58. Slide 58: Do we really need EPA and DHA in our diets?

    All-Cause Mortality (M) All-Cause Mortality (F) Coronary Heart Disease Coronary Heart Disease woo oT oo “1 Mortality (M) Mortality (F) Ss wm . “0 . am P s Is . - z IN, : wt > “fe . . = . ote . . toe “ “— . * . 1000 Ae : . ST . set =“ . oe a — "b amiaW einem amian Geewauan ° 5 cwakeaucdiaisan isimewe

  59. Slide 59: mg / day mg /

    1000 400 250 mg / mg / mg / day day day

  60. Slide 60: Fish oil use by sector

    Fish oil use by sector 1800 Nutraceutical 1600 Industrial 1400 Aquaculture 1200 1000 800 600 400 200 0 1970 1975 1980 1985 1990 1995 2000 2005 2010 Data Source: IFFO

  61. Slide 61: Fish oil price appreciation

    Fish oil price appreciation Price $/tonne 3000 2800 2600 2400 2200 Soy oil - CIF Rott. 2000 1800 Rapeseed oil - cif Rott. 1600 PalmOil - fob Malay 1400 1200 FishBulk - fob Peru 1000 800 600 400 200 0 Dec-03 Dec-04 Dec-05 Dec-06 Dec-07 Dec-08 Dec-09 Dec-10 Dec-11 Dec-12 Dec-13 Data Source: Hammersmit

  62. Slide 62: DHA canola: progress update

    DHA canola: progress update James Petrie | CSIRO Food Futures Flagship

  63. Slide 63: A partnership between CSIRO, Nuseed and GRDC

    A partnership between CSIRO, Nuseed and GRDC.

  64. Slide 64: Why DHA?

    Why DHA? The particular importance of long-chain omega-3 – Marine: long-chain EPA and DHA • Strong health benefits • Microalgal primary production – Plants: short-chain ALA and SDA • Limited health benefits • Low conversion to DHA

  65. Slide 65: Why DHA?

    Why DHA? The particular importance of long-chain omega-3 – Marine: long-chain EPA and DHA • Strong health benefits • Microalgal primary production – Plants: short-chain ALA and SDA • Limited health benefits • Low conversion to DHA

  66. Slide 66: Why DHA?

    Why DHA? The particular importance of long-chain omega-3 GENES Microalgae Canola (DHA primary producers)

  67. Slide 67: DHA biosynthesis was a challenge

    DHA biosynthesis was a challenge

  68. Slide 68: Australian National Algae Culture Collection

    History of DHA biosynthesis attempts Australian National Algae Culture Collection

  69. Slide 69: History of DHA biosynthesis attempts

    History of DHA biosynthesis attempts

  70. Slide 70: History of DHA biosynthesis attempts

    History of DHA biosynthesis attempts 1 Ha of canola >12% is the DHA yield from 10,000 fish

  71. Slide 71: Summary

    Summary • High value project, with significant intellectual property • Leading science, proof of concept in canola complete • Moving to full developmental and field trial stage

  72. Slide 72: Nuseed USA

    NUSEED USA Andy Thomas President, Americas & Emerging Markets

  73. Slide 73: Nuseed Americas overview

    Nuseed Americas overview Crop focus • Sorghum: forage and grain • Sunflower: oilseed and confection • Seed treatment: insect and disease protection in wheat, cotton and soybean The market size • Sorghum: grain 3m ha (26000 MT), forage 0.7m ha (5000MT) $150M • Sunflower: oilseed 0.7m ha (3500MT), con

  74. Slide 74: Operations and infrastructure

    Operations and infrastructure • USA operations key supply source for global business. • Operations supply chain capacity for ~25,000MT of seed • Integration of acquisitions on plan with synergies across operations • Co-located R&D, operations and sales in California, Texas and Minnesota • Increased

  75. Slide 75: Strategic growth focus

    Strategic growth focus • Product differentiation – Beyond yield • Sunflower: new confection types, high oleic oil • Sorghum: high value feed, Wholis food grade sorghum • Seed treatment: custom products and service – Agronomic • Water use efficiency through genetics • New rotations and crop expansion

  76. Slide 76: Nuseed China

    NUSEED CHINA Andy Thomas President, Americas & Emerging Markets

  77. Slide 77: Nuseed China overview

    Nuseed China overview Crop focus • Sunflower: confection and oilseed The market size • Sunflower: confection 400 000 ha $100M • Oilseed: 170 000 ha $18M Our position • Leading share of Chinese confection market with high value differentiated products • Strong pipeline of new products with in country

  78. Slide 78: Strategic growth focus

    Strategic growth focus • Expanded in-country presence – Focus on confection pipeline management, new and differentiated product type and agronomic fit – Facilitate market growth by addressing agronomic restraints on sunflower plantings – Growing current small oilseed sunflower position – Introductio

  79. Slide 79: Nuseed Europe

    NUSEED EUROPE Andy Thomas President, Americas & Emerging Markets

  80. Slide 80: Nuseed Europe overview

    Nuseed Europe overview Crop focus • Sunflower (confection and oilseed) • Grain sorghum • Canola The market size • Sunflowers: 15m ha ~$1,200M • Sorghum: 0.5m ha $10M • Canola: 1.5m ha $50M Our position • Nascent oilseed sunflower position • Broad oilseed product pipeline and pending registrations •

  81. Slide 81: Strategic growth focus

    Strategic growth focus • Products – Sunflower with improved disease and drought tolerance for key Eastern European market – Confection sunflower development: new specialty products – Sorghum expansion around the Black Sea – Accelerated European breeding, testing and registration • Partners – Strong

  82. Slide 82: Nuseed Emerging Markets

    NUSEED EMERGING MARKETS Bill Swann General Manager, New Technologies & Emerging Markets

  83. Slide 83: Nuseed emerging markets overview

    Nuseed emerging markets overview Crop focus • Core crops – Grain sorghum, forage, sunflower and canola • Emerging geographies – Southern Africa, Northern Africa and Middle East, Western Asia, India, South East Asia, West Africa • Emerging technology – Energy agriculture: global opportunities Our pos

  84. Slide 84: World grain sorghum production

    World grain sorghum production Source: USDA, Grains: World Markets and Trade November 2010 16% 20% 12% 10% 3% 4% 3% 3% 2% 6% All others combine for 20%

  85. Slide 85: Sorghum production in Africa

    Sorghum production in Africa Production ‘000 MT and Country % of African total production Nigeria 7,081 (33.8%) Sudan 4,470 (21.4%) Ethiopia 1,538 (7.3%) West Africa 4,000 (20%) East/Southern 1,920 (9.5%) Africa Egypt 862 (4.1%) Source: International Crops Research Institute for the Semi-Arid Tropic

  86. Slide 86: Strategic growth focus

    Strategic growth focus • Wholis and hybrid expansion in Africa and Asia • Sunflower market development with high oleic demand rising • Rise of industrial agricultural projects in developing world (Africa) – higher value seed inputs • Key market share expansion in Africa and Asia • Increased penetrat

  87. Slide 87: Nuseed South America

    NUSEED SOUTH AMERICA Daniel Hinderliter General Manager, South America

  88. Slide 88: South America overview

    South America overview Crop focus • Sorghum, sunflower, and canola • Opportunistic crops – various forages and corn The market size – focus crops $350M • Argentina: $105M • Brazil: $100M • Uruguay: $50M • Bolivia: $40M • Paraguay: $45M Our position • Established in Argentina and Brazil, moving into

  89. Slide 89: Operations and infrastructure

    Operations and infrastructure • New organization – 3 years sorghum/canola,1 year sunflower in Argentina – 0.5 year in Brazil sorghum, sunflower, others • Established and successful breeding programs – Sorghum in Sunchales, Argentina – Sunflower in Venado Tuerto, Argentina • Seed processing by Nuseed

  90. Slide 90: Strategic growth focus

    Strategic growth focus • Launch in new geographies – Brazil, Uruguay, Bolivia and Paraguay - replace current portfolios – Evaluate, register, produce, position, provide cropping solutions • Strengthen sales and marketing in Argentina – Move toward more branded sales, maintain third party • Launch tr

  91. Slide 91: Nuseed Australia

    NUSEED AUSTRALIA Travis Rankin General Manager, Australia

  92. Slide 92: Nuseed Australia overview

    Nuseed Australia overview Crop focus • Canola – hybrid & Monola • Sorghum – grain • Sunflower The market size • Canola: 2.3m ha $100M • Sorghum: 700k ha $35M Our position • Canola market leader >30% market share (volume) • Monola – enabling healthy oil conversion with key food companies • Grain sorg

  93. Slide 93: Operations and infrastructure

    Operations and infrastructure Innovation Centres Summer hybrid testing Winter hybrid testing 7 Employees (number in state) 2 1 2 28

  94. Slide 94: Strategic growth focus

    Strategic growth focus • Rich pipeline: high value portfolio introductions – Conversion of current canola base to hybrids – Step changes in Australian canola productivity and value • Grow Monola position with domestic and export customers • Launch sorghum hybrid pipeline • Develop and release new be

  95. Slide 95: Seed Treatment

    SEED TREATMENT Terry Hughes Global Commercial Manager, Seed Treatment

  96. Slide 96: Global Seed Treatment overview

    Global Seed Treatment overview • Global seed treatment market ~$3.1bn Global Seed Treatment Value x Region • Market share for main players: ($M USD) – Bayer 40% 5% 6% North America – BASF 10% 8% 33% South America – Syngenta 35% West Europe – Other 14% Asia 23% – Nufarm (~43M) 1.0% East Europe Former

  97. Slide 97: Global Seed Treatment overview

    Global Seed Treatment overview Global Seed Treatment Value x Region ($M USD)* 6% 5% 8% North America 33% South America West Europe Global Seed Treatment value x Crop. Asia 23% Total Market $3.10bn USD East Europe 2% Former-USSR 2% Cereals 3% 25% 4% Corn Soybeans 5% 29% Potatoes 5% Cotton Oilseeds Be

  98. Slide 98: Global top 10 actives

    Global top 10 actives Top 10 Global Seed treatment AI's ~ Top 10 AI’s $2.2bn Company Molecule $M US Total Market $3.1bn Syngenta Thiamethoxam☺ 573 Bayer Imidacloprid☺ 464 3% 3% 3% Thiamethoxam 4% Bayer Clothianidin☻ 408 25% Imidacloprid 5% Clothianidin Syngenta Fludioxonil☺ 226 Fludioxonil 8% Fipron

  99. Slide 99: Top 15 countries by crop value

    Top 15 countries by crop value Top 15 countries equates to 92% of the total value. Top 10 countries equates to 85% of the total value. Source: GfK Kynetec IMAP Top 15 Countries Sales x Crop ($M USD) Product value Small Ground Peas & COUNTRY (000 US$) Corn Soybean Cereals Cotton Potatos Grains Beet R

  100. Slide 100: Key drivers

    Key drivers • Protection of high value GM crop seed. • Reduced operator and environmental exposure to pesticides. • Protection of early sown seed aimed at higher yields = higher disease risk. • Adoption of reduced tillage sowing encourages increased pressure from some insects/diseases. • Reduce the

  101. Slide 101: Nufarm Global Seed Treatment position

    Nufarm Global Seed Treatment position Why and how we see success in ST at Nufarm

  102. Slide 102: Statement of intent

    Statement of intent Vision • Position Nufarm as the, premium second tier supplier in key geographies of NA/WE and LA • Bring innovation and differentiation to the market via formulations, mixtures, partnerships and select new technologies. • Non aligned proprietary allows for flexibility and diversi

  103. Slide 103: Nufarm data investment

    Nufarm data investment Seed treatment is a strategic plank in Nufarm's strategy and we will continue investment in data to achieve expansive growth. • Imidacloprid – Significant investment in data (EU/USA) to support global registrations • Tebuconazole – Investment in base data to support European r

  104. Slide 104: Top seed treatments and Nufarm

    Top 10 seed treatments and Nufarm Distribution rights Future Development Target Ai purchase/formulation and sale Source : Philips Mc Dougal

  105. Slide 105: Global Seed Treatment 2013 registrations

    Global Seed Treatment 2013 = 75 Registrations 1 32 16 Registered Pending 4 15 3 6

  106. Slide 106: Global Seed Treatment 2016 registrations

    Global Seed Treatment 2016 = ~122 Registrations 1 69 19 Registered Pending 6 14 5 7 1

  107. Slide 107: Nufarm formulation investment

    Nufarm formulation investment France – Gaillon / Paris Calgary Chicago Raleigh Fortaleza Manufacturing Lytton Formulation Development Auckland Laverton Manufacturing seed treatments in 5 countries Marketing operations in more than 25 countries 107

  108. Slide 108: Utilisation of resources

    Utilisation of resources • Building formulations • Formulation site capability • Registration skills • Regulatory management • Knowledge of gene technologies {Nuseed influence} • Seed laboratories {seed safety and efficacy/ compatibility} • The nurturing culture of seed genetics and hybrids • Select

  109. Slide 109: Manufacturing: Chicago, Illinois

    Manufacturing: Chicago, Illinois • Focus for seed treatment • Custom blending • State of the Art milling facilities • Designed with flexibility in mind – Support SC & EC fungicides/insecticides

  110. Slide 110: Nuseed alignment with core crops

    Nuseed alignment with core crops • Customised crop solutions through unique molecule stacks and formulation – Imidacloprid – Thiram – Fluquinconazole – Metalaxyl – Fludioxonil – Azoxystrobin – Fluxofenim

  111. Slide 111: Core competencies in Seed Treatment

    Core competencies in Seed Treatment • A specialist organisation intent on creating value • Strong product development capability • Access to new technologies and biological treatments • Country based experience with seed treatment • Formulation development and manufacture... unique formulations • In

  112. Slide 112: Nufarm Seed Treatments: Get seeds off to a strong start

    NUFARM SEED TREATMENTS | GET SEEDS OFF TO A STRONG START

  113. Slide 113: Summary & Closing Remarks

    SUMMARY & CLOSING REMARKS

Nufarm — Investor Day (May 2013) on 6ix