Archer-daniels-midland Company · NYSE:ADM
Archer-daniels-midland — Barclays Virtual Fireside Chat with ADM's President of Nutrition (June 2026)
29 slides from Archer-daniels-midland's conference presentation, Jun 2, 2026
Slide 1: Nutrition Overview With Focus on Human Nutrition
Nutrition Overview With Focus on Human Nutrition June 2, 2026
Slide 2: Cautionary Note Regarding Forward-Looking Statements
2 Proprietary business information of ADM. Cautionary Note Regarding Forward -Looking Statements This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties. All statements, other
Slide 3: Non-GAAP Financial Measures
3 Proprietary business information of ADM. Non -GAAP Financial Measures The Company uses certain “Non-GAAP” financial measures as defined by the Securities and Exchange Commission. These are measures of performance not defined by accounting principles generally accepted in the United States (GAAP),
Slide 4: Nutrition Overview
ADM Nutrition Overview
Slide 5: Nutrition's Growth Strategy
5 Proprietary business information of ADM. Nutrition’s Growth Strategy ADM is driven to become a global Nutrition leader by supporting the needs of our customers with on-trend solutions that grow their business. We create differentiated value for customers by combining: o Our broad, great tasting an
Slide 6: Nutrition Performance Highlights
6 Nutrition Performance Highlights Proprietary business information of ADM. 2025 Segment Operating Profit 1Q26 Segment Operating Profit 2025 Revenue Breakdown 1Q26 Revenue Breakdown $7.5B $98M $1.8B $31M $319M $104M 2025 Segment 1Q26 Segment Operating Profit1 Operating Profit1 Human Animal Human Ani
Slide 7: Serving Customers Globally with Local Partnership
7 Serving Customers Globally with Local Partnership Proprietary business information of ADM. 25 77 Operating Countries Innovation Centers 160 150 Sales Destination Manufacturing Countries Plants 21,398 27 Global Procurement Customers Categories 12,221 192 Number of Co-manufacturers Employees Sales D
Slide 8: An Innovative and Differentiated Go-to-Market Engine Enabled by ADM's Integrated Value Chain
8 An Innovative and Differentiated Go -to-Market Engine Enabled by ADM’s Integrated Value Chain Proprietary business information of ADM. Global Footprint, Coordinated Raw Material Sourcing and Supply Flows, Customer Access Value-added Applications: Taste, Texture, Function, and Health & Wellbeing Pr
Slide 9: Investing in the Nutrition Portfolio
9 Proprietary business information of ADM. Investing in the Nutrition Portfolio* Adding value through investments that target strategic acceleration and differentiation Flavors Specialty Ingredients Health & Wellness Animal Nutrition AN Feed JV between ADM and Alltech SCALE PT Trouw Golden Farm SCOP
Slide 10: Nutrition Strategic Pillars
Proprietary business information of ADM. 10 Nutrition Strategic Pillars Operational Excellence Innovation Go-to-Market Excellence
Slide 11: Human Nutrition Deep Dive
ADM Human Nutrition Deep Dive
Slide 12: Leading in Core Human Nutrition Segments; Emerging Geography Opportunities
12 Proprietary business information of ADM. Leading in Core Human Nutrition Segments; Emerging Geography Opportunities 2025 Human Nutrition Revenue: $4.2B Complementary Nutrition Balanced Sales Across Sales in Emerging and Trusted Supplier on Global Portfolio Applications Developed Geographies* and
Slide 13: Winning in Human Nutrition
13 Proprietary business information of ADM. Winning in Human Nutrition • Building from a strong foundation to drive growth and margin expansion Go-to-Market Excellence Creation, Design & R&D Owning the Customer Relationship Delivering innovative, science-backed Development (CD&D) solutions that meet
Slide 14: ADM Nutrition is Positioned to Capitalize on Key Growth Trends
14 Proprietary business information of ADM. ADM Nutrition is Positioned to Capitalize on Key Growth Trends Functional Lifestyle Benefits Shifts Cleaner ~ $34B Value Label Total Global ADM Human Nutrition Orientation Addressable Market Size* Better Food Policy for You Changes * Sources: Euromonitor,
Slide 15: Flavors
ADM Flavors
Slide 16: Flavors: Leading Formulation Partner
16 Flavors Proprietary business information of ADM. Leading Formulatio n Partner Key Strategic Pillars Value Creation • Growth categories: CSDs, energy & hydration beverages, • Trusted formulation & commercialization partner select alcohol categories, dairy and food service • Systems or single ingre
Slide 17: Flavors Spotlight: Natural Color Conversion in the US
17 Presenter: Calvin Proprietary business information of ADM. Flavors Spotlight: Natural Shift to natural colors accelerating, driven by Color Conversion consumers and regulations in the US Transition complexity - impacts on consumer >$900M* perception, cost and shelf Future Addressable Revenue life
Slide 18: Specialty Ingredients
ADM Specialty Ingredients
Slide 19: Specialty Ingredients: Leading Across Plant Proteins, Texturants and Wholesome Ingredients
19 Specialty Ingredients Proprietary business information of ADM. Leading Across Plant Proteins, Texturants and Wholesome Ingredients Key Strategic Pillars Value Creation • On Trend: Leader in diversified protein offering across major • Deep product development and research expertise geographies • D
Slide 20: Specialty Ingredients Spotlight: Growth in Protein
20 Presenter: Calvin Proprietary business information of ADM. Specialty Ingredients Protein demand rising, Spotlight: Growth driven by population in Protein growth, consumer trends and GLP-1 adoption ADM delivers with a ~$5.5B leading plant protein portfolio across many Current Addressable Revenue g
Slide 21: Health & Wellness
Classification: Confidential ADM Health & Wellness
Slide 22: Health & Wellness: Science-led Nutrition Innovation
22 Health & Wellness Proprietary business information of ADM. Science -led Nutrition Innovation Key Strategic Pillars Value Creation – End-to-End Innovation • Winning with Consumer Trends: Aligned to the fastest- • Lead with Science: Lead the way in microbiome centered growing wellness needs of toda
Slide 23: Health & Wellness Spotlight: Turning Science into Scalable Growth
23 Presenter: Calvin Proprietary business information of ADM. Health & Wellness Spotlight: Turning Science Led — Clinically supported with Postbiotics Science 15 published studies and differentiated Portfolio into Scalable Growth Application Advantage – Formulation expertise ~$500M enables incorpora
Slide 24: Nutrition Strategy: Winning in Human Nutrition
24 Proprietary business information of ADM. Nutrition Strategy Winning in Human Nutrition • Strong foundation in place to drive revenue growth and margin expansion Go-to-Market Excellence Creation Design & R&D Owning the customer relationship Building science behind innovation Development (CD&D) The
Slide 25: Long-Term Growth
ADM Long-Term Growth
Slide 26: Long-term Value Creation Pathways
Proprietary business information of ADM. 26 Long-term Value Creation Pathways Leveraging technology, assets and expertise to deliver the next wave of growth Advanced Functional Precision Nutrition Health Fermentation (Shared Platform with Carbohydrate Solutions) Expanding current markets, extending
Slide 27: Appendix
27 Proprietary business information of ADM. Appendix
Slide 28: Total Segment Operating Profit Reconciliation and Corporate Results
28 Total Segment Operating Profit Reconciliation and Corporate Results Proprietary business information of ADM. Quarter Ended Dec. 31 Year Ended Dec. 31 (Amounts in millions) 2025 2024 Change 2025 2024 Change Earnings before income taxes $ 476 $ 667 $ (191) $ 1,255 $ 2,255 $ (1,000) Other Business (
Slide 29: Total Segment Operating Profit Reconciliation and Corporate Results
29 Total Segment Operating Profit Reconciliation and Corporate Results Proprietary business information of ADM. Quarter Ended Mar. 31 (Amounts in millions) 2026 2025 Change Earnings before income taxes $ 384 $ 353 $ 31 Other Business (earnings) (53) (96) 43 Corporate 423 441 (18) Specified items: (G