Imc S.a. · GPW:IMC
Imc — Investor Presentation (August 2025)
31 slides from Imc's investor presentation, August 2025
Slide 1: IMC S.A.
IMC S.A. Listed on the Warsaw Stock Exchange August 2025
Slide 2: Table of contents
Table of contents Company overview 3-26 Appendixes 27-31 2 2
Slide 3: Chapter 1: Company Overview
CHAPTER 1 COMPANY OVERVIEW 3
Slide 4: IMC - integrated agricultural business
IMC - integrated agricultural business IMC operates 116 ths hectares of land located in the prime fertile farming regions of Ukraine (Poltava, Chernihiv, Sumy) Crop farming • Major crops: corn sunflower wheat Storage • Sufficiency of storage capacities for own crop farming segment • Minor stor
Slide 5: Business segments' contribution
Business segments’ contribution Revenue breakdown, 2024 Total: USD 211.3 mln Crop farming Storage 99,9% service 0,1% Crop farming revenue breakdown, 2024 Total: USD 211.2 mln Sunflower 22% Corn Wheat 51% 27% Other 0,4% 5
Slide 6: Milestones of development
Milestones of development Establishment & IPO Landbank & Storage Business processes Dividend payment & expansion improvement & KPIs Strategy update 2007-2011 2012-2014 2015-2016 2017-2024 DIVIDEND PAYMENT: 2007-2009 2012-2013 - Business processes 2017 - EUR 1.66 mln (2% yield) - Establishment of IMC
Slide 7: Development track record
Development track record LAND BANK, ths ha REVENUE, mln USD 137 137 137 137 211 130 124 123 182 121 120 120 120 120 116 170 161 138 140 132 140 115 125 127 114 60 75 34 36 36 38 25 20 35 29 GRAIN & OILSEEDS STORAGE CAPACITY, EBITDA, mln USD ths t 554 554 554 554 554 554 554 554 554 554 554 554 110 8
Slide 8: Strong export orientation in sales
Strong export orientation in sales EXPORTED CROPS: corn wheat EXPORT DESTINATIONS Asia EU Northern Africa Middle East IMC: Share of Export Revenue 100% 80% 78% 74% 75% 80% 68% 74% 70% 73% 74% 73% 64% 58% 57% 52% 60% 48% 47% 40% 20% 0% 8
Slide 9: Favorable land bank location and infrastructure
Favorable land bank location and infrastructure 1 Kyiv 2 5 3 4 UKRAINE Grain and Land under Azov Sea oilseeds Black Sea # Cluster management, storage, ths ha ths t 1 Chernihiv 27.9 102 2 Nosivka 29.3 115 3 Pryluky 18.5 160 • 116 ths hectares in prime fertile farming regions of Ukraine. 4 Poltava 17.
Slide 10: High capacity machinery park
High capacity machinery park • Seeders: Horsch • Tractors: John Deere, New Holland, Fendt • Combines: New Holland • Self-propelled sprayers: John Deere, Tecnoma • Soil tillage: Kuhn, Case, Lemken, Farmet, Salford, Quivogne, Pöttinger, Gaspardo, Bednar, Kverneland • Trucks: MAN 10
Slide 11: Own grain railway wagons fleet
Own grain railway wagons fleet IMC operates 300 own grain railway wagons for the logistics of grain from company’s silos to customers 11
Slide 12: Self-sufficient storage capacities for crop farming segment
Self-sufficient storage capacities for crop farming segment • Strategic location of silos in key farming areas and close to IMC operations • All silos are linked to national railway network and allow grain shipments to ports by railcar • Self-sufficiency in storage capacity allows IMC to control pro
Slide 13: Crop production dynamics
Crop production dynamics Ths tonnes grain & oilseeds potato 856 834 828 804 795 777 706 717 674 651 638 555 301 154 172 127 117 56 0 2 4 6 15 25 21 20 16 21 23 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 13
Slide 14: Crop yields
Crop yields Crop yields, t/ha 12,4 11,1 10,610,6 9,7 9,3 9,3 9,1 9,1 8,1 7,4 7,3 6,3 6,7 7,1 6,9 7,1 5,7 5,5 5,8 5,7 4,9 5,2 5,0 4,8 3,7 3,5 3,5 3,4 3,2 2,9 3,5 2,9 3,2 2,6 2,6 2,8 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Slide 15: Crop Mix
Crop Mix 2025 Fallow; 5,4 Wheat; 20,7 116 ths ha Corn; Sunflower; 65,1 24,8 15
Slide 16: The constant flow of innovations introduced
The constant flow of innovations introduced Modern IT-solutions are widely used at IMC, that help to have real-time control of: Decision-making process, internal business-processes Operational on-site activities, field & crops conditions Utilization of resources & field operation control Land bank c
Slide 17: IMC e-portal
IMC e-portal all internal documents – transformed into e-form quick approval and response of everyone involved 40% shorter time for resolving internal issues & questions access from everywhere (PC, tablet, phone) 17
Slide 18: MAg – Mobile Agronomist
MAg – Mobile Agronomist operative e-mapping of all field operations real-time distant control of crops quality real-time reporting on agronomists’ work database of field operations & vegetation stages history 18
Slide 19: PreAgri – IMC Geoportal
PreAgri – IMC Geoportal all IMC geodata – at one place with 24/7 access NDVI maps – tracking field conditions weather stations data drones routes, photo & video seeding rate yield maps soil analyses 19
Slide 20: Wialon – GPS monitoring
Wialon – GPS monitoring all machinery & cars tracked speed control (safety; field operations accuracy) precise field works calculations proper logistics & planning 20
Slide 21: Panorama – land bank control
Panorama – land bank control more than 30 000 land plots digitalized proper land management all data on land plots owners at one place unified register of all land lease agreements 21
Slide 22: Precision & Regenerative Agriculture practices applied
Precision & Regenerative Agriculture practices applied Variable rate application of seeds Variable rate application of fertilizers Spot spraying of herbicides Spraying with lower water consumption Field operations with autopilot Upgrading seeders to increase sowing speed Measurement of soil compacti
Slide 23: Strategy 2016-2020
Strategy 2016-2020 Operational efficiency improvement Debt reduction Payment of dividends to shareholders No land bank expansion before the introduction of agricultural land market in Ukraine Export-oriented crops growing (with focus on corn) Storage capacity modernization Continuous search and intr
Slide 24: Execution of Strategy 2016-2020
Execution of Strategy 2016-2020 Total Debt, $ mln Total debt maximum, 163,8 1 February, 2014 140,0 129,9 104,3 80,6 83,6 64,5 58,8 47,0 33,2 32,8 22,0 31.12.11 31.12.12 31.12.13 01.02.14 31.12.14 31.12.15 31.12.16 31.12.17 31.12.18 31.12.19 31.12.20 31.12.21 Dividend payment September September Augu
Slide 25: Smart Green Strategy 2023-2033
Smart Green Strategy 2023-2033 Strategic directions Operational efficiency improvement Fossil fuel consumption decrease Greenhouse Gas emission reduction Preservation of Soil fertility & health Investments in the acquisition of agricultural land in Ukraine Personnel development Local communities sup
Slide 26: Board of Directors and Shareholder structure
Board of Directors Oleksandr Petrov Founder and Board member • Alex Lissitsa Shareholder structure Chairman of the Board • Oleksandr Verzhykhovskyi IMC S.A. has been listed Executive Director, CEO on the Warsaw Stock Exchange since May 2011 • Dmytro Martyniuk Executive Director, CFO Free float; Alex
Slide 27: Chapter 1: Appendixes
CHAPTER 1 APPENDIXES 27
Slide 28: Selected Financials
Selected Financials Income Statement 1. Financials are H1 H1 audited by $ mln 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Baker Tilly 2024 2025 (2010, 2011, Revenue 138,3 140,4 124,7 126,8 131,6 169,6 161,4 181,7 114,0 139,5 211,3 108,3 84,0 2012, 2013, Normalised EBITDA 57,4 66,5 59,0 39
Slide 29: Key Ratios
Key Ratios H1 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Current ratio 1.2 1.2 2.4 2.0 2.1 1.6 2.3 2.8 2.7 1.9 3.9 6.4 Net Borrowings/Equity 4.9 1.8 1.2 0.6 0.5 0.3 0.1 0.0 0.1 0.2 -0.1 0.0 Net Borrowings/EBITDA 2.2 1.5 1.3 1.5 1.1 1.1 0.2 0.0 0.4 9.2 -0.2 0.1 Interest coverage 2.3
Slide 30: Fair value methodology for biological assets of crop farming and agriculture produce
Fair value methodology for biological assets of crop farming and agriculture produce Winter Spring crops crops September- Sowing April – October Biological assets are booked at cost May December - Biological transformation June - March - June August Biological assets are booked at fair value Harvest
Slide 31: Contact details
Adr. 119х Lobanovskyi Valerii Avenue, business center “DemievSky”, Kyiv, 03039, Ukraine IR contact Yuliia Andrushkina, y.andrushkina@imcagro.com.ua www.imcagro.com.ua 31