SEC Filing | Corteva Agriscience

May 9, 2019

CORTEVA, INC.

/s/ Gregory R. Friedman

Gregory R. Friedman

Executive Vice President, Chief Financial Officer

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Form 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): May 9, 2019

Corteva, Inc.

(Exact name of registrant as specified in its charter)


Delaware	001-38710	82-4979096
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

974 Centre Road

Wilmington, DE 19805

(Address of principal executive offices)(Zip Code)

(302) 774-1000

(Registrant’s telephone numbers, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Common Stock, par value $0.01 per share

CTVA

New York Stock Exchange

Item 7.01.

Regulation FD Disclosure

In advance of the anticipated separation of Corteva, Inc. (“Corteva”) from DowDuPont Inc. (“DowDuPont”), which is expected to occur on June 1, 2019, Corteva has issued a press release regarding investor materials for use in investor discussions and roadshow presentations. The presentation slides and press release are being furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and are also available on DowDuPont’s website at http://www.dow-dupont.com/investors/events-and-presentations/default.aspx.

The information contained in this Item 7.01, including Exhibits 99.1 and 99.2, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of Section 18, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 9.01.

Financial Statements and Exhibits

(d) Exhibits.


Exhibit Number		Exhibit Description

99.1		Corteva Investor Presentation, dated May 9, 2019.*

99.2		Press Release, dated May 9, 2019.*

*	Furnished herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EX-99.1

Exhibit 99.1 Investor Day May 9, 2019 Agriculture Division of DowDuPont Insert Risk ClassificationExhibit 99.1 Investor Day May 9, 2019 Agriculture Division of DowDuPont Insert Risk Classification

Safe Harbor Regarding Forward-Looking 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 amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “target,” and similar expressions and variations or negatives of these words. Forward-looking statements by their nature address matters that are, to varying degrees, uncertain, including the intended separation, of DowDuPont’s agriculture and specialty products businesses in one or more tax-efficient transactions on anticipated terms (the “Intended Business Separations”). Forward-looking statements are not guarantees of future performance and are based on certain assumptions and expectations of future events which may not be realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond the Company’s control. Some of the important factors that could cause the Company’s, DowDuPont’s or DuPont’s actual results, including DowDuPont’s agriculture business (either directly or as conducted by and through DuPont) to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) costs to achieve and achieving the successful integration of the respective agriculture, materials science and specialty products businesses of DowDuPont (either directly or as conducted by and through DuPont), anticipated tax treatment, unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, productivity actions, economic performance, indebtedness, financial condition, losses, future prospects, business and management strategies for the management, expansion and growth of the combined operations; (ii) costs to achieve and achievement of the anticipated synergies by the combined agriculture, materials science and specialty products businesses; (iii) risks associated with the Intended Business Separations, including conditions which could delay, prevent or otherwise adversely affect the proposed transactions, associated costs, disruptions in the financial markets or other potential barriers; (iv) disruptions or business uncertainty, including from the Intended Business Separations, could adversely impact DowDuPont’s business, including DowDuPont’s businesses (either directly or as conducted by and through DuPont), or financial performance and its ability to retain and hire key personnel; (v) uncertainty as to the long-term value of the Company’s or DowDuPont common stock; and (vi) risks to the Company’s or DowDuPont’s (including DowDuPont’s agriculture business either directly or as conducted by and through DuPont), and DuPont’s business, operations and results of operations from: the availability of and fluctuations in the cost of feedstocks and energy; balance of supply and demand and the impact of balance on prices; failure to develop and market new products and optimally manage product life cycles; ability, cost and impact on business operations, including the supply chain, of responding to changes in market acceptance, rules, regulations and policies and failure to respond to such changes; outcome of significant litigation, environmental matters and other commitments and contingencies; failure to appropriately manage process safety and product stewardship issues; global economic and capital market conditions, including the continued availability of capital and financing, as well as inflation, interest and currency exchange rates; changes in political conditions, including trade disputes and retaliatory actions; business or supply disruptions; security threats, such as acts of sabotage, terrorism or war, natural disasters and weather events and patterns which could result in a significant operational event for the Company, adversely impact demand or production; ability to discover, develop and protect new technologies and to protect and enforce the Company’s, DowDuPont’s or DuPont’s intellectual property rights; failure to effectively manage acquisitions, divestitures, alliances, joint ventures and other portfolio changes; unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism or outbreak of war or hostilities, as well as management’s response to any of the aforementioned factors. The Company does not provide forward-looking U.S. GAAP financial measures or a reconciliation of forward-looking non-GAAP financial measures to the most comparable U.S. GAAP financial measures on a forward-looking basis because the Company is unable to predict with reasonable certainty the ultimate outcome of pending litigation, unusual gains and losses, foreign currency exchange gains or losses and potential future asset impairments, as well as discrete taxable events, without unreasonable effort. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP results for the guidance period. These risks are and will be more fully discussed in the current, quarterly and annual reports and preliminary registration statement on Form 10 filed with the U. S. Securities and Exchange Commission by DowDuPont, DuPont or the Company, as applicable. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on the Company’s, DowDuPont’s (including DowDuPont’s agriculture business, either directly or indirectly as conducted by and through DuPont), or DuPont’s consolidated financial condition, results of operations, credit rating or liquidity. None of the Company’s, DowDuPont or DuPont assumes any obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in the section titled “Risk Factors” (Part I, Item 1A) of the 2018 annual report on Form 10-K of each of DowDuPont and DuPont and the preliminary registration statement on Form 10 of the Company. Additionally, this presentation includes certain objectives and targets that are forward-looking and subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond our control, and are based upon assumptions with respect to future decisions, which are subject to change. Actual results will vary and those variations may be material. Nothing in this presentation should be regarded as a representation by any person that these objectives will be achieved and we undertake no duty to update this information, except as otherwise required by securities and other applicable laws Agriculture Division of DowDuPont 2Safe Harbor Regarding Forward-Looking 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 amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “target,” and similar expressions and variations or negatives of these words. Forward-looking statements by their nature address matters that are, to varying degrees, uncertain, including the intended separation, of DowDuPont’s agriculture and specialty products businesses in one or more tax-efficient transactions on anticipated terms (the “Intended Business Separations”). Forward-looking statements are not guarantees of future performance and are based on certain assumptions and expectations of future events which may not be realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond the Company’s control. Some of the important factors that could cause the Company’s, DowDuPont’s or DuPont’s actual results, including DowDuPont’s agriculture business (either directly or as conducted by and through DuPont) to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) costs to achieve and achieving the successful integration of the respective agriculture, materials science and specialty products businesses of DowDuPont (either directly or as conducted by and through DuPont), anticipated tax treatment, unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, productivity actions, economic performance, indebtedness, financial condition, losses, future prospects, business and management strategies for the management, expansion and growth of the combined operations; (ii) costs to achieve and achievement of the anticipated synergies by the combined agriculture, materials science and specialty products businesses; (iii) risks associated with the Intended Business Separations, including conditions which could delay, prevent or otherwise adversely affect the proposed transactions, associated costs, disruptions in the financial markets or other potential barriers; (iv) disruptions or business uncertainty, including from the Intended Business Separations, could adversely impact DowDuPont’s business, including DowDuPont’s businesses (either directly or as conducted by and through DuPont), or financial performance and its ability to retain and hire key personnel; (v) uncertainty as to the long-term value of the Company’s or DowDuPont common stock; and (vi) risks to the Company’s or DowDuPont’s (including DowDuPont’s agriculture business either directly or as conducted by and through DuPont), and DuPont’s business, operations and results of operations from: the availability of and fluctuations in the cost of feedstocks and energy; balance of supply and demand and the impact of balance on prices; failure to develop and market new products and optimally manage product life cycles; ability, cost and impact on business operations, including the supply chain, of responding to changes in market acceptance, rules, regulations and policies and failure to respond to such changes; outcome of significant litigation, environmental matters and other commitments and contingencies; failure to appropriately manage process safety and product stewardship issues; global economic and capital market conditions, including the continued availability of capital and financing, as well as inflation, interest and currency exchange rates; changes in political conditions, including trade disputes and retaliatory actions; business or supply disruptions; security threats, such as acts of sabotage, terrorism or war, natural disasters and weather events and patterns which could result in a significant operational event for the Company, adversely impact demand or production; ability to discover, develop and protect new technologies and to protect and enforce the Company’s, DowDuPont’s or DuPont’s intellectual property rights; failure to effectively manage acquisitions, divestitures, alliances, joint ventures and other portfolio changes; unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism or outbreak of war or hostilities, as well as management’s response to any of the aforementioned factors. The Company does not provide forward-looking U.S. GAAP financial measures or a reconciliation of forward-looking non-GAAP financial measures to the most comparable U.S. GAAP financial measures on a forward-looking basis because the Company is unable to predict with reasonable certainty the ultimate outcome of pending litigation, unusual gains and losses, foreign currency exchange gains or losses and potential future asset impairments, as well as discrete taxable events, without unreasonable effort. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP results for the guidance period. These risks are and will be more fully discussed in the current, quarterly and annual reports and preliminary registration statement on Form 10 filed with the U. S. Securities and Exchange Commission by DowDuPont, DuPont or the Company, as applicable. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on the Company’s, DowDuPont’s (including DowDuPont’s agriculture business, either directly or indirectly as conducted by and through DuPont), or DuPont’s consolidated financial condition, results of operations, credit rating or liquidity. None of the Company’s, DowDuPont or DuPont assumes any obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in the section titled “Risk Factors” (Part I, Item 1A) of the 2018 annual report on Form 10-K of each of DowDuPont and DuPont and the preliminary registration statement on Form 10 of the Company. Additionally, this presentation includes certain objectives and targets that are forward-looking and subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond our control, and are based upon assumptions with respect to future decisions, which are subject to change. Actual results will vary and those variations may be material. Nothing in this presentation should be regarded as a representation by any person that these objectives will be achieved and we undertake no duty to update this information, except as otherwise required by securities and other applicable laws Agriculture Division of DowDuPont 2

A Reminder About Non-GAAP Statements and Pro Forma Financial Information These risks are and will be more fully discussed in the current, quarterly and annual reports and preliminary registration statement on Form 10 filed with the U. S. Securities and Exchange Commission by DowDuPont, DuPont or the Company, as applicable. W hile the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on the Company’s, DowDuPont’s (including DowDuPont’s agriculture business, either directly or indirectly as conducted by and through DuPont), Dow’s or DuPont’s consolidated financial condition, results of operations, credit rating or liquidity. None of the Company’s, DowDuPont or DuPont assumes any obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in the section titled “Risk Factors” (Part I, Item 1A) of the 2017 annual report on Form 10-K of each of DowDuPont and DuPont and the preliminary registration statement on Form 10 of the Company. Additionally, this presentation includes certain objectives and targets that are forward-looking and subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond our control, and are based upon assumptions with respect to future decisions, which are subject to change. Actual results will vary and those variations may be material. Nothing in this presentation should be regarded as a representation by any person that these objectives will be achieved and we undertake no duty to update this information, except as otherwise required by securities and other applicable laws. DowDuPont Unaudited Pro Forma Financial Information This presentation contains pro forma segment operating EBITDA of the DowDuPont Agriculture Division. This unaudited pro forma financial information is based on the historical consolidated financial statements of both Dow and DuPont and was prepared to illustrate the effects of the Merger, assuming the Merger had been consummated on January 1, 2016. For all periods presented prior to the three months ended December 31, 2017, adjustments have been made, (1) for the preliminary purchase accounting impact, (2) for accounting policy alignment, (3) to eliminate the effect of events that are directly attributable to the Merger Agreement (e.g., one-time transaction costs), (4) to eliminate the impact of transactions between Dow and DuPont, and (5) to eliminate the effect of divestitures agreed to with certain regulatory agencies as a condition of approval for the Merger. The unaudited pro forma financial information was based on and should be read in conjunction with the separate historical financial statements and accompanying notes contained in each of the DowDuPont, Dow and DuPont Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K for the applicable periods and the historical financial statements and accompanying notes filed as exhibits to, and incorporated by reference into, Corteva’s preliminary Form 10 registration statement. The pro forma financial statements were prepared in accordance with Article 11 of Regulation S-X, are for informational purposes only and are not necessarily indicative of what DowDuPont's results of operations actually would have been had the Merger been completed as of January 1, 2016, nor are they indicative of the future operating results of DowDuPont. For further information on the unaudited pro forma financial information, please refer to DowDuPont's Current Report on Form 8-K dated October 26, 2017 and the preliminary registration statement on Form 10 of Corteva filed on October 18, 2018. 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. The following presentation presents the pro forma results of Corteva, after giving effect to events that are (1) directly attributable to the Merger, the divestiture of Historical DuPont’s specialty products and materials science businesses, the receipt of Dow AgroSciences, debt retirement transactions related to paying off or retiring portions of Historical DuPont’s existing debt liabilities, and the separation and distribution to DowDuPont stockholders of all the outstanding shares of Corteva common stock; (2) factually supportable and (3) with respect to the pro forma statements of income, expected to have a continuing impact on the consolidated results. Refer to Corteva’s preliminary Form 10 registration statement (and subsequent amendments thereto), which can be found on the investors section of the DowDuPont website, for further details on the above transactions. The pro forma financial statements were prepared in accordance with Article 11 of Regulation S-X, and are presented for informational purposes only, and do not purport to represent what the results of operations would have been had the above actually occurred on the dates indicated, nor do they purport to project the results of operations for any future period or as of any future date. Regulation G This presentation includes information that does not conform to U.S. GAAP and are considered non-GAAP measures. These measures include organic sales, Corteva operating EBITDA, Corteva segment operating EBITDA, operating EBITDA margin, and Corteva operating tax rate. DowDuPont and Corteva's management believes that these non-GAAP measures best reflect the ongoing performance of the Company during the periods presented and provide more relevant and meaningful information to investors as they provide insight with respect to ongoing operating results of the Company and a more useful comparison of year-over-year results. These non-GAAP measures supplement the Company's U.S. GAAP disclosures and should not be viewed as an alternative to U.S. GAAP measures of performance. Furthermore, such non-GAAP measures may not be consistent with similar measures provided or used by other companies. This data should be read in conjunction with the Company’s preliminary registration statement on Form 10 filing (and subsequent amendments thereto). A reconciliation between these non-GAAP measures to GAAP are included with this presentation. Corteva does not provide forward-looking U.S. GAAP financial measures or a reconciliation of forward-looking non- GAAP financial measures to the most comparable U.S. GAAP financial measures on a forward-looking basis because the company is unable to predict with reasonable certainty the ultimate outcome of pending litigation, unusual gains and losses, foreign currency exchange gains or losses and potential future asset impairments, as well as discrete taxable events, without unreasonable effort. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP results for the guidance period. Organic sales is defined as price and volume and excludes currency and portfolio impacts. Corteva operating EBITDA is defined as pro forma earnings (i.e., pro forma income from continuing operations before income taxes) before interest, depreciation, amortization, non-operating costs, net and foreign exchange gains (losses), excluding the impact of adjusted significant items. Non-operating costs, net consists of non-operating pension and other post-employment benefit (OPEB) costs, environmental remediation and legal costs associated with legacy businesses and sites of Historical DuPont. Corteva Segment Operating EBITDA is defined as Corteva Pro forma Operating EBITDA excluding corporate expenses. Operating EBITDA margin is defined as pro forma Operating EBITDA as a percentage of pro forma net sales. Operating tax rate is defined as the effective tax rate excluding the impacts of foreign exchange gains (losses), non-operating costs, merger-related step up, and significant items. Agriculture Division of DowDuPont 3A Reminder About Non-GAAP Statements and Pro Forma Financial Information These risks are and will be more fully discussed in the current, quarterly and annual reports and preliminary registration statement on Form 10 filed with the U. S. Securities and Exchange Commission by DowDuPont, DuPont or the Company, as applicable. W hile the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on the Company’s, DowDuPont’s (including DowDuPont’s agriculture business, either directly or indirectly as conducted by and through DuPont), Dow’s or DuPont’s consolidated financial condition, results of operations, credit rating or liquidity. None of the Company’s, DowDuPont or DuPont assumes any obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in the section titled “Risk Factors” (Part I, Item 1A) of the 2017 annual report on Form 10-K of each of DowDuPont and DuPont and the preliminary registration statement on Form 10 of the Company. Additionally, this presentation includes certain objectives and targets that are forward-looking and subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond our control, and are based upon assumptions with respect to future decisions, which are subject to change. Actual results will vary and those variations may be material. Nothing in this presentation should be regarded as a representation by any person that these objectives will be achieved and we undertake no duty to update this information, except as otherwise required by securities and other applicable laws. DowDuPont Unaudited Pro Forma Financial Information This presentation contains pro forma segment operating EBITDA of the DowDuPont Agriculture Division. This unaudited pro forma financial information is based on the historical consolidated financial statements of both Dow and DuPont and was prepared to illustrate the effects of the Merger, assuming the Merger had been consummated on January 1, 2016. For all periods presented prior to the three months ended December 31, 2017, adjustments have been made, (1) for the preliminary purchase accounting impact, (2) for accounting policy alignment, (3) to eliminate the effect of events that are directly attributable to the Merger Agreement (e.g., one-time transaction costs), (4) to eliminate the impact of transactions between Dow and DuPont, and (5) to eliminate the effect of divestitures agreed to with certain regulatory agencies as a condition of approval for the Merger. The unaudited pro forma financial information was based on and should be read in conjunction with the separate historical financial statements and accompanying notes contained in each of the DowDuPont, Dow and DuPont Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K for the applicable periods and the historical financial statements and accompanying notes filed as exhibits to, and incorporated by reference into, Corteva’s preliminary Form 10 registration statement. The pro forma financial statements were prepared in accordance with Article 11 of Regulation S-X, are for informational purposes only and are not necessarily indicative of what DowDuPont's results of operations actually would have been had the Merger been completed as of January 1, 2016, nor are they indicative of the future operating results of DowDuPont. For further information on the unaudited pro forma financial information, please refer to DowDuPont's Current Report on Form 8-K dated October 26, 2017 and the preliminary registration statement on Form 10 of Corteva filed on October 18, 2018. 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. The following presentation presents the pro forma results of Corteva, after giving effect to events that are (1) directly attributable to the Merger, the divestiture of Historical DuPont’s specialty products and materials science businesses, the receipt of Dow AgroSciences, debt retirement transactions related to paying off or retiring portions of Historical DuPont’s existing debt liabilities, and the separation and distribution to DowDuPont stockholders of all the outstanding shares of Corteva common stock; (2) factually supportable and (3) with respect to the pro forma statements of income, expected to have a continuing impact on the consolidated results. Refer to Corteva’s preliminary Form 10 registration statement (and subsequent amendments thereto), which can be found on the investors section of the DowDuPont website, for further details on the above transactions. The pro forma financial statements were prepared in accordance with Article 11 of Regulation S-X, and are presented for informational purposes only, and do not purport to represent what the results of operations would have been had the above actually occurred on the dates indicated, nor do they purport to project the results of operations for any future period or as of any future date. Regulation G This presentation includes information that does not conform to U.S. GAAP and are considered non-GAAP measures. These measures include organic sales, Corteva operating EBITDA, Corteva segment operating EBITDA, operating EBITDA margin, and Corteva operating tax rate. DowDuPont and Corteva's management believes that these non-GAAP measures best reflect the ongoing performance of the Company during the periods presented and provide more relevant and meaningful information to investors as they provide insight with respect to ongoing operating results of the Company and a more useful comparison of year-over-year results. These non-GAAP measures supplement the Company's U.S. GAAP disclosures and should not be viewed as an alternative to U.S. GAAP measures of performance. Furthermore, such non-GAAP measures may not be consistent with similar measures provided or used by other companies. This data should be read in conjunction with the Company’s preliminary registration statement on Form 10 filing (and subsequent amendments thereto). A reconciliation between these non-GAAP measures to GAAP are included with this presentation. Corteva does not provide forward-looking U.S. GAAP financial measures or a reconciliation of forward-looking non- GAAP financial measures to the most comparable U.S. GAAP financial measures on a forward-looking basis because the company is unable to predict with reasonable certainty the ultimate outcome of pending litigation, unusual gains and losses, foreign currency exchange gains or losses and potential future asset impairments, as well as discrete taxable events, without unreasonable effort. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP results for the guidance period. Organic sales is defined as price and volume and excludes currency and portfolio impacts. Corteva operating EBITDA is defined as pro forma earnings (i.e., pro forma income from continuing operations before income taxes) before interest, depreciation, amortization, non-operating costs, net and foreign exchange gains (losses), excluding the impact of adjusted significant items. Non-operating costs, net consists of non-operating pension and other post-employment benefit (OPEB) costs, environmental remediation and legal costs associated with legacy businesses and sites of Historical DuPont. Corteva Segment Operating EBITDA is defined as Corteva Pro forma Operating EBITDA excluding corporate expenses. Operating EBITDA margin is defined as pro forma Operating EBITDA as a percentage of pro forma net sales. Operating tax rate is defined as the effective tax rate excluding the impacts of foreign exchange gains (losses), non-operating costs, merger-related step up, and significant items. Agriculture Division of DowDuPont 3

Company and Industry Overview Jim Collins, Chief Executive Officer-Elect Financial Overview Greg Friedman, Chief Financial Officer-Elect Regional Overview Tim Glenn, Executive Vice President, Chief Commercial Officer Judd O’Connor, President, U.S. Commercial Business Business Platform Overview Rajan Gajaria, Executive Vice President, Business Platforms Sid Gorham, President, Digital Business Platform IT/ERP Update Debra King, Senior Vice President, Chief Information Officer R&D Overview Neal Gutterson, Senior Vice President, Chief Technology Officer Agriculture Division of DowDuPont 4Company and Industry Overview Jim Collins, Chief Executive Officer-Elect Financial Overview Greg Friedman, Chief Financial Officer-Elect Regional Overview Tim Glenn, Executive Vice President, Chief Commercial Officer Judd O’Connor, President, U.S. Commercial Business Business Platform Overview Rajan Gajaria, Executive Vice President, Business Platforms Sid Gorham, President, Digital Business Platform IT/ERP Update Debra King, Senior Vice President, Chief Information Officer R&D Overview Neal Gutterson, Senior Vice President, Chief Technology Officer Agriculture Division of DowDuPont 4

Company & Industry Update Jim Collins, Chief Executive Officer-ElectCompany & Industry Update Jim Collins, Chief Executive Officer-Elect

Corteva Agriscience™ Values Enrich Lives We commit to enhancing lives and the land Stand Tall We are leaders and act boldly Build Together We grow by working together Be Curious Our Purpose We innovate relentlessly Be Upstanding To enrich the lives of We always do what’s right those who produce and those who consume, Live Safely ensuring progress for We embrace safety and the environment in generations to come all we do Agriculture Division of DowDuPont 6Corteva Agriscience™ Values Enrich Lives We commit to enhancing lives and the land Stand Tall We are leaders and act boldly Build Together We grow by working together Be Curious Our Purpose We innovate relentlessly Be Upstanding To enrich the lives of We always do what’s right those who produce and those who consume, Live Safely ensuring progress for We embrace safety and the environment in generations to come all we do Agriculture Division of DowDuPont 6

Corteva Agriscience™ Global Scale and Market Presence Our Company 21,000+ 140+ $2.8B Colleagues Countries $7.4B 150+ 12,000+ R&D Facilities Granted Patents $1.3B 100+ 65+ Production & Active Ingredients $2.8B Mfg. Facilities HQ: Wilmington, DE Business Centers in IA & IN 100+ 8,000+ (2) Regional Sales Centers Crops $14.3B $2.7B Sales Force (1) (1) Global Net Sales Global Operating EBITDA 10 million+ Customers We provide the right mix of seeds, crop protection, and digital solutions to maximize yield and improve profitability, ensuring an abundant food supply for a growing global population (1) Net sales and operating EBITDA are stated on a 2018 DowDuPont Agriculture Division basis; (2) Commercial employees plus commissioned agents and promoters Agriculture Division of DowDuPont 7Corteva Agriscience™ Global Scale and Market Presence Our Company 21,000+ 140+ $2.8B Colleagues Countries $7.4B 150+ 12,000+ R&D Facilities Granted Patents $1.3B 100+ 65+ Production & Active Ingredients $2.8B Mfg. Facilities HQ: Wilmington, DE Business Centers in IA & IN 100+ 8,000+ (2) Regional Sales Centers Crops $14.3B $2.7B Sales Force (1) (1) Global Net Sales Global Operating EBITDA 10 million+ Customers We provide the right mix of seeds, crop protection, and digital solutions to maximize yield and improve profitability, ensuring an abundant food supply for a growing global population (1) Net sales and operating EBITDA are stated on a 2018 DowDuPont Agriculture Division basis; (2) Commercial employees plus commissioned agents and promoters Agriculture Division of DowDuPont 7

Creating a Pure-Play, U.S.-Based, Agriculture Company Crop Seeds Crop Crop Seeds Seeds Protection & Traits Protection Protection & Traits ~70% ~44% ~56% ~30% ~80% ~20% Portfolio › Leading germplasm › Germplasm diversification › Complete solution for farmers › Digital portfolio › Best-in-class germplasm + traits + CP + digital › Herbicide and insecticide › Fungicide portfolio portfolio › Comprehensive go-to-market strategy › Direct route-to-market › Retail route-to-market Route-to- › Cross-sell enablement (seed, CP, digital) Market › Global presence › Distributor relationships › Compelling pipeline › A leader in CP and trait discovery › A leader in CP discovery and trait › Strong presence in major markets introgression › Strong CP offering with favorable › Path to trait independence environmental profiles Innovation › Strong CP launch process › Outstanding product launch process › Soybean trait portfolio › Seed pre-commercial product testing approach › Better data analytics and customer insights › Customer-centric, disciplined culture › Customer focus › Operational excellence Leadership + › World class leadership Culture › Deep industry expertise › Leadership development › Board with strong Ag experience Note: Portfolio split for DuPont and Dow calculated using Phillips McDougall 2016 report. Portfolio split for Corteva based on the DWDP Agriculture division 2018 sales Agriculture Division of DowDuPont 8Creating a Pure-Play, U.S.-Based, Agriculture Company Crop Seeds Crop Crop Seeds Seeds Protection & Traits Protection Protection & Traits ~70% ~44% ~56% ~30% ~80% ~20% Portfolio › Leading germplasm › Germplasm diversification › Complete solution for farmers › Digital portfolio › Best-in-class germplasm + traits + CP + digital › Herbicide and insecticide › Fungicide portfolio portfolio › Comprehensive go-to-market strategy › Direct route-to-market › Retail route-to-market Route-to- › Cross-sell enablement (seed, CP, digital) Market › Global presence › Distributor relationships › Compelling pipeline › A leader in CP and trait discovery › A leader in CP discovery and trait › Strong presence in major markets introgression › Strong CP offering with favorable › Path to trait independence environmental profiles Innovation › Strong CP launch process › Outstanding product launch process › Soybean trait portfolio › Seed pre-commercial product testing approach › Better data analytics and customer insights › Customer-centric, disciplined culture › Customer focus › Operational excellence Leadership + › World class leadership Culture › Deep industry expertise › Leadership development › Board with strong Ag experience Note: Portfolio split for DuPont and Dow calculated using Phillips McDougall 2016 report. Portfolio split for Corteva based on the DWDP Agriculture division 2018 sales Agriculture Division of DowDuPont 8

Delivering Financial Results Against Current Market Backdrop (1) Pro Forma Division Net Sales Pro Forma Division Operating EBITDA $14.3B $14.3B $14.3B $2.8B $14.1B $2.7B $2.6B $2.3B 2016 2017 2018 2019E 2016 2017 2018 2019E 2019 Full Year Indications Expected organic net sales growth of 1-2%, offset by Acceleration of cost synergy delivery with realization currency headwind; as reported net sales ~flat ahead of expectations (expected to be ~$350 million in year-over-year savings) Loss from North America brand rationalization less than Benefit of new product launches, especially in crop expected and stronger than expected cross-sell results protection, expected to contribute ~$100 million Timing shifts between first quarter 2019 and fourth Launching productivity agenda to drive additional EBITDA quarter 2018 due to early safrinha season and working capital improvement (1) 2016 and 2017 sales and operating EBITDA are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X; 2018 and 2019 stated on a DowDuPont Agriculture Division basis Agriculture Division of DowDuPont 9Delivering Financial Results Against Current Market Backdrop (1) Pro Forma Division Net Sales Pro Forma Division Operating EBITDA $14.3B $14.3B $14.3B $2.8B $14.1B $2.7B $2.6B $2.3B 2016 2017 2018 2019E 2016 2017 2018 2019E 2019 Full Year Indications Expected organic net sales growth of 1-2%, offset by Acceleration of cost synergy delivery with realization currency headwind; as reported net sales ~flat ahead of expectations (expected to be ~$350 million in year-over-year savings) Loss from North America brand rationalization less than Benefit of new product launches, especially in crop expected and stronger than expected cross-sell results protection, expected to contribute ~$100 million Timing shifts between first quarter 2019 and fourth Launching productivity agenda to drive additional EBITDA quarter 2018 due to early safrinha season and working capital improvement (1) 2016 and 2017 sales and operating EBITDA are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X; 2018 and 2019 stated on a DowDuPont Agriculture Division basis Agriculture Division of DowDuPont 9

Strong Execution Delivered Results Outside North America Segment Performance Regional Highlights Crop Protection Seed Net Sales North Asia Reported Reported Organic Organic (1) (1) 7% America 22% 22% 14% Pacific $2.3B $1.5B $1.4B Seed deliveries Strong growth in delayed by cold, wet insecticides and rice weather and herbicides Excluding NA Excluding NA $2.0B flooding 2% 4% Gain in corn seed Recovery expected in second quarter Q1 2018 Q1 2019 Q1 2018 Q1 2019 Volume Price Currency Portfolio Volume Price Currency Portfolio (2%) +3% (6%) 0% (10%) 0% (5%) 0% Crop Protection Seed Latin Reported Organic Reported Organic (1) (1) 2% 7% EMEA 2% (1) America 8% Organic Net Sales Total Excluding NA Total Excluding NA High pest pressure Strong corn volumes drove volume gains 1% 11% 10% 5% Growth in Isoclast, in insecticides Zorvec, Arylex, and New product sales driving growth Weather-related volume declines Early start to Spinosyns safrinha shifted seed (1) Organic sales growth is defined as price and volume, excluding currency and portfolio impacts volume to Q418 Note: Net sales are stated on a DowDuPont divisional basis NoteNO Agriculture Division of DowDuPont 10Strong Execution Delivered Results Outside North America Segment Performance Regional Highlights Crop Protection Seed Net Sales North Asia Reported Reported Organic Organic (1) (1) 7% America 22% 22% 14% Pacific $2.3B $1.5B $1.4B Seed deliveries Strong growth in delayed by cold, wet insecticides and rice weather and herbicides Excluding NA Excluding NA $2.0B flooding 2% 4% Gain in corn seed Recovery expected in second quarter Q1 2018 Q1 2019 Q1 2018 Q1 2019 Volume Price Currency Portfolio Volume Price Currency Portfolio (2%) +3% (6%) 0% (10%) 0% (5%) 0% Crop Protection Seed Latin Reported Organic Reported Organic (1) (1) 2% 7% EMEA 2% (1) America 8% Organic Net Sales Total Excluding NA Total Excluding NA High pest pressure Strong corn volumes drove volume gains 1% 11% 10% 5% Growth in Isoclast, in insecticides Zorvec, Arylex, and New product sales driving growth Weather-related volume declines Early start to Spinosyns safrinha shifted seed (1) Organic sales growth is defined as price and volume, excluding currency and portfolio impacts volume to Q418 Note: Net sales are stated on a DowDuPont divisional basis NoteNO Agriculture Division of DowDuPont 10

On Track to Deliver 2019 EBITDA Guidance 1H 2019E Divisional EBITDA: - 3 to - 5 percent Key Drivers: $2,450 - $2,500MM § Weather effect of Q1 shifted significant NA seed sales into $2,576MM $224MM Q2 § Continue to expect 1-2 million increase in U.S. corn acres planted in 2019 vs 2018 § Pipeline delivery continues to outperform expectations § Synergies ahead of target and timing benefit offset by investment in launch costs for new product introductions and currency headwind H1 2018 Currency Input and Synergies Timing Shift to Organic and H1 2019E Δ Q1 Launch Costs Q2 Pipeline Growth 2H 2019E Divisional EBITDA: ~$300MM Key Drivers: § Continued volume growth and price realization on high demand products ~$300MM § Pipeline delivery pace ahead of expectations § Acceleration of synergy benefits partially offset by launch $129MM investments § Increased input costs in crop protection related to Chinese raw material cost increases H2 2018 Synergies and New product Organic price Input Costs Launch and H2 2019E § New productivity initiatives in manufacturing and productivity margin and volume other costs procurement Agriculture Division of DowDuPont 11 1On Track to Deliver 2019 EBITDA Guidance 1H 2019E Divisional EBITDA: - 3 to - 5 percent Key Drivers: $2,450 - $2,500MM § Weather effect of Q1 shifted significant NA seed sales into $2,576MM $224MM Q2 § Continue to expect 1-2 million increase in U.S. corn acres planted in 2019 vs 2018 § Pipeline delivery continues to outperform expectations § Synergies ahead of target and timing benefit offset by investment in launch costs for new product introductions and currency headwind H1 2018 Currency Input and Synergies Timing Shift to Organic and H1 2019E Δ Q1 Launch Costs Q2 Pipeline Growth 2H 2019E Divisional EBITDA: ~$300MM Key Drivers: § Continued volume growth and price realization on high demand products ~$300MM § Pipeline delivery pace ahead of expectations § Acceleration of synergy benefits partially offset by launch $129MM investments § Increased input costs in crop protection related to Chinese raw material cost increases H2 2018 Synergies and New product Organic price Input Costs Launch and H2 2019E § New productivity initiatives in manufacturing and productivity margin and volume other costs procurement Agriculture Division of DowDuPont 11 1

Progress on Five Priorities for Shareholder Value Creation Corteva Indications 01 02 03 04 05 Instill a strong Drive disciplined Develop innovative Attain best-in-class Deliver above- culture capital allocation solutions cost structure market growth Engaged Finalized capital Launched new Delivered year-over- Delivered above- performance driven structure and chemistry products, year cost synergies market growth in culture with farmer financial policy received Enlist E3™ and advanced crop protection, ® at the center soybeans and Qrome additional productivity driven by launches regulatory approval initiatives, including of new products new ERP project (2) Operating Cost Organic sales Improved (1) Key EBITDA margin benchmarking growth vs. market ROIC expansion versus peers Performance Mid- to High- 50-150 Indicators 1-2% Best-in-Class Teens Percent bps/year above market growth (1) ROIC is defined as net operating profit after tax excluding significant items, non-operating costs and merger-related step up divided by debt plus equity excluding merger goodwill and intangibles (2) Organic sales growth is defined as price and volume, excluding currency and portfolio impacts (3) Enlist E3™ soybean trait co-developed with MS Technologies Agriculture Division of DowDuPont 12Progress on Five Priorities for Shareholder Value Creation Corteva Indications 01 02 03 04 05 Instill a strong Drive disciplined Develop innovative Attain best-in-class Deliver above- culture capital allocation solutions cost structure market growth Engaged Finalized capital Launched new Delivered year-over- Delivered above- performance driven structure and chemistry products, year cost synergies market growth in culture with farmer financial policy received Enlist E3™ and advanced crop protection, ® at the center soybeans and Qrome additional productivity driven by launches regulatory approval initiatives, including of new products new ERP project (2) Operating Cost Organic sales Improved (1) Key EBITDA margin benchmarking growth vs. market ROIC expansion versus peers Performance Mid- to High- 50-150 Indicators 1-2% Best-in-Class Teens Percent bps/year above market growth (1) ROIC is defined as net operating profit after tax excluding significant items, non-operating costs and merger-related step up divided by debt plus equity excluding merger goodwill and intangibles (2) Organic sales growth is defined as price and volume, excluding currency and portfolio impacts (3) Enlist E3™ soybean trait co-developed with MS Technologies Agriculture Division of DowDuPont 12

Customer Centricity Is Key to Driving Demand Creation for Products 01 Customer-centric culture Mycogen Demo Plots Women Growers Field Day Pioneer Brand Corn Plot Tour United States Mexico Kenya Brevant Demo Plots Fall Army Worm Training EduFarm session Brazil India Indonesia Agriculture Division of DowDuPont 13Customer Centricity Is Key to Driving Demand Creation for Products 01 Customer-centric culture Mycogen Demo Plots Women Growers Field Day Pioneer Brand Corn Plot Tour United States Mexico Kenya Brevant Demo Plots Fall Army Worm Training EduFarm session Brazil India Indonesia Agriculture Division of DowDuPont 13

Optimizing Capital Allocation for Growth and Shareholder Value 02 Drive disciplined capital allocation Establish Capital Structure Define Financial Policies Deliver ROIC Improvement JUNE 1, 2019 | Expected Spin Priorities › Maintain financial flexibility to support › Committed to growing cash flow in a › Deliver merger cost synergies business model disciplined, consistent manner while › Execute comprehensive productivity › Committed to maintain an A- credit investing in innovation program (1) profile › Competitive dividend policy › Drive working capital productivity › Committed to return excess cash to › Manufacturing asset optimization shareholders through share repurchases Key Indicators (2) Dividends Share Repurchases Growth Investments ROIC Target Includes R&D 2019E Targeting 25-35% of 2019E Board authorization Mid- to High- investment, capital net income with ~$2 ~$400 expenditures, digital, anticipated at spin Teens Percent increases over time and M&A investments billion with earnings and free million cash flow growth Growth R&D Digital Capex $1.2B $100MM ~$400MM (1) Rating expressed using S&P nomenclature (2) ROIC is defined as net operating profit after tax excluding significant items, non-operating costs and merger-related step up divided by debt plus equity excluding merger goodwill and intangibles Agriculture Division of DowDuPont 14Optimizing Capital Allocation for Growth and Shareholder Value 02 Drive disciplined capital allocation Establish Capital Structure Define Financial Policies Deliver ROIC Improvement JUNE 1, 2019 | Expected Spin Priorities › Maintain financial flexibility to support › Committed to growing cash flow in a › Deliver merger cost synergies business model disciplined, consistent manner while › Execute comprehensive productivity › Committed to maintain an A- credit investing in innovation program (1) profile › Competitive dividend policy › Drive working capital productivity › Committed to return excess cash to › Manufacturing asset optimization shareholders through share repurchases Key Indicators (2) Dividends Share Repurchases Growth Investments ROIC Target Includes R&D 2019E Targeting 25-35% of 2019E Board authorization Mid- to High- investment, capital net income with ~$2 ~$400 expenditures, digital, anticipated at spin Teens Percent increases over time and M&A investments billion with earnings and free million cash flow growth Growth R&D Digital Capex $1.2B $100MM ~$400MM (1) Rating expressed using S&P nomenclature (2) ROIC is defined as net operating profit after tax excluding significant items, non-operating costs and merger-related step up divided by debt plus equity excluding merger goodwill and intangibles Agriculture Division of DowDuPont 14

New Products Launched Since the Merger Close 03 Develop innovative solutions Seed Crop Protection Digital SEED APPLIED INSECT MGMT. COTTON SOYBEANS TECHNOLOGY SOLUTIONS Quick insights into financial and agronomic performance CORN DISEASE HERBICIDE SOLUTIONS SOLUTIONS Agriculture Division of DowDuPont 15New Products Launched Since the Merger Close 03 Develop innovative solutions Seed Crop Protection Digital SEED APPLIED INSECT MGMT. COTTON SOYBEANS TECHNOLOGY SOLUTIONS Quick insights into financial and agronomic performance CORN DISEASE HERBICIDE SOLUTIONS SOLUTIONS Agriculture Division of DowDuPont 15

Getting to Best-in-Class Cost Structure and Improved Return 04 Attain best-in-class cost structure Seed Production Commercial Headcount R&D Sites CP Manufacturing Sites Offices MERGER CLOSE SEPTEMBER ~25,000 90 287 233 2 site 2017 shutdowns and $1.2 billion Cost Synergy 15+ site SEPTEMBER Run Rate optimization ~23,000 74 220 196 2018 Achieved at projects Spin JUNE 1, ~21,000 68 129 163 2019 Improved functional and leveraged costs and corporate costs + Q2 Seed Productivity 2019 $0.5 billion Operating Launching CP Manufacturing & Commercial EBITDA Q3 Supply Chain Effectiveness comprehensive targeted from 2019 additional productivity Capital Effectiveness productivity in program next 5 years Contractor Optimization Q4 2019 R&D Effectiveness Agriculture Division of DowDuPont 16Getting to Best-in-Class Cost Structure and Improved Return 04 Attain best-in-class cost structure Seed Production Commercial Headcount R&D Sites CP Manufacturing Sites Offices MERGER CLOSE SEPTEMBER ~25,000 90 287 233 2 site 2017 shutdowns and $1.2 billion Cost Synergy 15+ site SEPTEMBER Run Rate optimization ~23,000 74 220 196 2018 Achieved at projects Spin JUNE 1, ~21,000 68 129 163 2019 Improved functional and leveraged costs and corporate costs + Q2 Seed Productivity 2019 $0.5 billion Operating Launching CP Manufacturing & Commercial EBITDA Q3 Supply Chain Effectiveness comprehensive targeted from 2019 additional productivity Capital Effectiveness productivity in program next 5 years Contractor Optimization Q4 2019 R&D Effectiveness Agriculture Division of DowDuPont 16

Digital Transformation to Enable Margin Expansion 05 Above market growth Internal External Pipeline Customer Enterprise Innovation Software 1 ›Automation, data science and ›Enterprise strategy & applications ›SaaS through Granular digital tools in R&D ›Process automation Customer experience Reduced Costs ›Data-driven decision-making Farmer profitability Accuracy Customer experience Standalone revenue Speed of new product Cross-selling opportunities Cross-selling opportunities introduction Reduced Costs Digital Strategy Targeted to Deliver Additional EBITDA Improvement in Next 5 Years 1 “Software as a service” Agriculture Division of DowDuPont 17Digital Transformation to Enable Margin Expansion 05 Above market growth Internal External Pipeline Customer Enterprise Innovation Software 1 ›Automation, data science and ›Enterprise strategy & applications ›SaaS through Granular digital tools in R&D ›Process automation Customer experience Reduced Costs ›Data-driven decision-making Farmer profitability Accuracy Customer experience Standalone revenue Speed of new product Cross-selling opportunities Cross-selling opportunities introduction Reduced Costs Digital Strategy Targeted to Deliver Additional EBITDA Improvement in Next 5 Years 1 “Software as a service” Agriculture Division of DowDuPont 17

Positioned to Deliver Shareholder Value Unique Balanced Strong route to Best-in- portfolio Strong pipeline of Digital market with class cost and global culture and innovative transformation expanded structure market team solutions access presence Agriculture Division of DowDuPont 18Positioned to Deliver Shareholder Value Unique Balanced Strong route to Best-in- portfolio Strong pipeline of Digital market with class cost and global culture and innovative transformation expanded structure market team solutions access presence Agriculture Division of DowDuPont 18

Finance Overview Greg Friedman, EVP, Chief Financial Officer-ElectFinance Overview Greg Friedman, EVP, Chief Financial Officer-Elect

Reconciliation of Division to Standalone Financials EBITDA 2019E DWDP Ag segment operating ~$2.8B EBITDA Spin adjustments (millions) ~(174) Excl businesses, Non-op pension and Other Standalone costs (millions) ~(478) Functional and leveraged and Corporate Cost reductions (millions) ~50-150 Corteva operating EBITDA* ~$2.2-2.3B ~5-10% expected Operating EBITDA* Growth in 2019 *Corteva operating EBITDA is on a pro forma basis as filed in the Form 10 prepared in accordance with Article of 11 Regulation S-X. 2017 and 2016 DowDuPont Operating EBITDA is on a pro forma basis, determined in accordance with Article 11 of Regulation S-X. See appendix for non-GAAP reconciliations. Agriculture Division of DowDuPont 20Reconciliation of Division to Standalone Financials EBITDA 2019E DWDP Ag segment operating ~$2.8B EBITDA Spin adjustments (millions) ~(174) Excl businesses, Non-op pension and Other Standalone costs (millions) ~(478) Functional and leveraged and Corporate Cost reductions (millions) ~50-150 Corteva operating EBITDA* ~$2.2-2.3B ~5-10% expected Operating EBITDA* Growth in 2019 *Corteva operating EBITDA is on a pro forma basis as filed in the Form 10 prepared in accordance with Article of 11 Regulation S-X. 2017 and 2016 DowDuPont Operating EBITDA is on a pro forma basis, determined in accordance with Article 11 of Regulation S-X. See appendix for non-GAAP reconciliations. Agriculture Division of DowDuPont 20

Guidance for 2019 2 Division Basis Corteva Basis 1 Market Growth : Seed 0-1% 0-1% √ Crop 2-3% 2-3% √ 1 Above Market Growth : Seed 1-2% 1-2%√ Crop 1.5-2.5% 1.5-2.5%√ Headwinds: Currency (2-3%); ~$350M (2-3%); ~$350M√ Headwinds: Timing, Brand Rationalization, Weather (1-2%) (1-2%)√ Consolidated Net Sales ~Flat ~Flat√ Operating EBITDA Growth 3-4% ~5-10%√ Operating EBITDA Margin Expansion ~50-75bps ~50-150bps √ 1. Revenue growth does not include forecasts for currency impacts 2. 2019 Corteva guidance is on a standalone basis. Agriculture Division of DowDuPont 21Guidance for 2019 2 Division Basis Corteva Basis 1 Market Growth : Seed 0-1% 0-1% √ Crop 2-3% 2-3% √ 1 Above Market Growth : Seed 1-2% 1-2%√ Crop 1.5-2.5% 1.5-2.5%√ Headwinds: Currency (2-3%); ~$350M (2-3%); ~$350M√ Headwinds: Timing, Brand Rationalization, Weather (1-2%) (1-2%)√ Consolidated Net Sales ~Flat ~Flat√ Operating EBITDA Growth 3-4% ~5-10%√ Operating EBITDA Margin Expansion ~50-75bps ~50-150bps √ 1. Revenue growth does not include forecasts for currency impacts 2. 2019 Corteva guidance is on a standalone basis. Agriculture Division of DowDuPont 21

2019 Corteva Net Sales Guidance Above market organic sales growth driven by product launches Above market organic sales growth driven by new ($ in billions) products; new seed genetics and new crop protection products including Arylex, Vessarya, Rinskor, Pyraxalt, Isoclast and Zorvec ~$14.6B Pricing on high demand crop protection products ~$14.3B Headwinds: $14.3B § Currency § Severe weather (US corn belt) – seed mix impact with a shift to less profitable crops and lost crop protection applications § NA brand rationalization is a 2019 investment expected to generate long-term benefits 2018 US Seed ROW Seed US Crop ROW Crop Seed & CP 2019 Currency 2019E § Timing shift to Q4 2018 – early NA seed shipments Corteva Net Growth Growth Protection Protection Headwinds Corteva Corteva Net Sales Growth Growth Organic Sales and early start to the safrinha season Sales *Organic sales growth is defined as price and volume growth and excludes currency and portfolio impacts Corteva 2018 net sales is on a pro forma basis as filed in the Form 10 prepared in accordance with Article of 11 Regulation S-X. Agriculture Division of DowDuPont 222019 Corteva Net Sales Guidance Above market organic sales growth driven by product launches Above market organic sales growth driven by new ($ in billions) products; new seed genetics and new crop protection products including Arylex, Vessarya, Rinskor, Pyraxalt, Isoclast and Zorvec ~$14.6B Pricing on high demand crop protection products ~$14.3B Headwinds: $14.3B § Currency § Severe weather (US corn belt) – seed mix impact with a shift to less profitable crops and lost crop protection applications § NA brand rationalization is a 2019 investment expected to generate long-term benefits 2018 US Seed ROW Seed US Crop ROW Crop Seed & CP 2019 Currency 2019E § Timing shift to Q4 2018 – early NA seed shipments Corteva Net Growth Growth Protection Protection Headwinds Corteva Corteva Net Sales Growth Growth Organic Sales and early start to the safrinha season Sales *Organic sales growth is defined as price and volume growth and excludes currency and portfolio impacts Corteva 2018 net sales is on a pro forma basis as filed in the Form 10 prepared in accordance with Article of 11 Regulation S-X. Agriculture Division of DowDuPont 22

* 2019 Corteva Operating EBITDA Guidance Margin expansion driven by synergies and product launches ($ in billions) Margin Expansion § New product launches § Pricing on high demand crop protection products § Accelerated synergy delivery +$50 million in 2H’19 § Increased productivity to improve margins Growth Investments ~$2.2-2.3B § Product launch costs $2.1B § Brand rationalization – long-term benefits Headwinds § Currency § Severe weather (US corn belt) – seed mix impact and lost crop protection applications 2018 Seed Crop Synergies Reductions Headwinds Growth Currency 2019E § Higher input costs Corteva Growth Protection in Corporate Investments Corteva Operating Growth and Operating § Timing shift to Q4 2018 – early NA seed EBITDA* Functional EBITDA* shipments and safrinha season 1. *Corteva 2018 operating EBITDA is on a pro forma basis as filed in the Form 10 prepared in accordance with Article of 11 Regulation S-X. See appendix for non-GAAP reconciliations Agriculture Division of DowDuPont 23* 2019 Corteva Operating EBITDA Guidance Margin expansion driven by synergies and product launches ($ in billions) Margin Expansion § New product launches § Pricing on high demand crop protection products § Accelerated synergy delivery +$50 million in 2H’19 § Increased productivity to improve margins Growth Investments ~$2.2-2.3B § Product launch costs $2.1B § Brand rationalization – long-term benefits Headwinds § Currency § Severe weather (US corn belt) – seed mix impact and lost crop protection applications 2018 Seed Crop Synergies Reductions Headwinds Growth Currency 2019E § Higher input costs Corteva Growth Protection in Corporate Investments Corteva Operating Growth and Operating § Timing shift to Q4 2018 – early NA seed EBITDA* Functional EBITDA* shipments and safrinha season 1. *Corteva 2018 operating EBITDA is on a pro forma basis as filed in the Form 10 prepared in accordance with Article of 11 Regulation S-X. See appendix for non-GAAP reconciliations Agriculture Division of DowDuPont 23

Corteva Standalone Net Sales Operating EBITDA* ($ in billions) ($ in billions) $14.3 ~$14.3 $14.2 $14.0 $2.2-2.3 $2.1 $2.0 $1.7 2016 2017 2018 2019E 2016 2017 2018 2019E *Corteva net sales and operating EBITDA are on a pro forma basis as filed in the Form 10 prepared in accordance with Article of 11 Regulation S-X. See appendix for non-GAAP reconciliations. Agriculture Division of DowDuPont 24Corteva Standalone Net Sales Operating EBITDA* ($ in billions) ($ in billions) $14.3 ~$14.3 $14.2 $14.0 $2.2-2.3 $2.1 $2.0 $1.7 2016 2017 2018 2019E 2016 2017 2018 2019E *Corteva net sales and operating EBITDA are on a pro forma basis as filed in the Form 10 prepared in accordance with Article of 11 Regulation S-X. See appendix for non-GAAP reconciliations. Agriculture Division of DowDuPont 24

1 Mid-term Financial Targets Sales Expected to Exceed Market Growth Operating EBITDA Growth Expected ~2x Sales by 1-2% 2 Corteva Total Revenue Growth : Operating EBITDA Margin Expansion: 50-150bps Seed 3-5% Corteva Operating EBITDA Growth: 6-10% Crop 3.5-6.5% Total 3-5% 1 Market Growth : 2-4% Strong Free Cash Flow Conversion 3 § FCF growing to ~50% of Operating EBITDA driven by working capital improvement and disciplined capital investment 1. Mid term reflects years beyond 2019 2. Revenue and operating EBITDA growth forecasts assume year over year currency impacts are flat. 3. FCF is defined as cash flow from operations less capital expenditures. Agriculture Division of DowDuPont 251 Mid-term Financial Targets Sales Expected to Exceed Market Growth Operating EBITDA Growth Expected ~2x Sales by 1-2% 2 Corteva Total Revenue Growth : Operating EBITDA Margin Expansion: 50-150bps Seed 3-5% Corteva Operating EBITDA Growth: 6-10% Crop 3.5-6.5% Total 3-5% 1 Market Growth : 2-4% Strong Free Cash Flow Conversion 3 § FCF growing to ~50% of Operating EBITDA driven by working capital improvement and disciplined capital investment 1. Mid term reflects years beyond 2019 2. Revenue and operating EBITDA growth forecasts assume year over year currency impacts are flat. 3. FCF is defined as cash flow from operations less capital expenditures. Agriculture Division of DowDuPont 25

Capital Expenditures Disciplined Approach to Capex Investments § Capex limited to depreciation plus cost to achieve savings ~$650M $650M § Depreciation is expected to be ~$570- ~$120M $100M 600 million in 2019 § ~40% is expected for required for repair, maintenance, and safety $550M $530M § ~60% is expected to be invested in growth projects § Production expansion driven by new products § Capex as a percentage of sales 2018 2019E decreases as sales grow Underlying Capex Capex for cost to achieve savings 2018 Capex is on a division basis. Agriculture Division of DowDuPont 26Capital Expenditures Disciplined Approach to Capex Investments § Capex limited to depreciation plus cost to achieve savings ~$650M $650M § Depreciation is expected to be ~$570- ~$120M $100M 600 million in 2019 § ~40% is expected for required for repair, maintenance, and safety $550M $530M § ~60% is expected to be invested in growth projects § Production expansion driven by new products § Capex as a percentage of sales 2018 2019E decreases as sales grow Underlying Capex Capex for cost to achieve savings 2018 Capex is on a division basis. Agriculture Division of DowDuPont 26

Seed Drives Earnings and Cash Flow Seasonality ~80% of seed sales occur in Q1/Q2 Representative Seasonal Debt Level Peak: ~$4B ($ in billions) ~30% ~50% ~5% ~15% 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1Q 2Q 3Q 4Q § 1H sales primarily in North America and Europe seed (corn, soybean, sunflower) § Q1 sales also include Brazil’s Safrinha § Q3 sales primarily LatAm corn seed and European Canola § Q4 is the conclusion of Southern Hemisphere season § Potential early shipments to North America and start of Safrinha § Working capital builds up over the three first quarters § Significant cash collection in Q3 but still a net use of cash until Q4 § Seasonal borrowings increase through Q3 and are largely repaid in Q4 Agriculture Division of DowDuPont 27Seed Drives Earnings and Cash Flow Seasonality ~80% of seed sales occur in Q1/Q2 Representative Seasonal Debt Level Peak: ~$4B ($ in billions) ~30% ~50% ~5% ~15% 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr 1Q 2Q 3Q 4Q § 1H sales primarily in North America and Europe seed (corn, soybean, sunflower) § Q1 sales also include Brazil’s Safrinha § Q3 sales primarily LatAm corn seed and European Canola § Q4 is the conclusion of Southern Hemisphere season § Potential early shipments to North America and start of Safrinha § Working capital builds up over the three first quarters § Significant cash collection in Q3 but still a net use of cash until Q4 § Seasonal borrowings increase through Q3 and are largely repaid in Q4 Agriculture Division of DowDuPont 27

Corteva Capital Structure 1 Liquidity Sources Debt Profile Targeted at 12/31/19 ($ in billions) ~$1B Cash $2.0B ~$2B Cash Long Term Financial Debt ~$0.2 5-Year Revolver Expected to be minimal ~$3B 3-Year Revolver Short Term Financial Debt at year-end, with intra- Other ~$3B period peaks of ~$4B $7.3B in committed and uncommitted credit lines § Commercial paper borrowings, supported by credit § Annual interest expense of ~$150-200M (primarily lines, are primary mechanism to fund seasonal working seasonal borrowings) capital 2 Targeting A- credit profile to support our differentiated business model 1. Targeted at time of spin 2. Target rating (expressed using S&P nomenclature) Agriculture Division of DowDuPont 28Corteva Capital Structure 1 Liquidity Sources Debt Profile Targeted at 12/31/19 ($ in billions) ~$1B Cash $2.0B ~$2B Cash Long Term Financial Debt ~$0.2 5-Year Revolver Expected to be minimal ~$3B 3-Year Revolver Short Term Financial Debt at year-end, with intra- Other ~$3B period peaks of ~$4B $7.3B in committed and uncommitted credit lines § Commercial paper borrowings, supported by credit § Annual interest expense of ~$150-200M (primarily lines, are primary mechanism to fund seasonal working seasonal borrowings) capital 2 Targeting A- credit profile to support our differentiated business model 1. Targeted at time of spin 2. Target rating (expressed using S&P nomenclature) Agriculture Division of DowDuPont 28

Achieving the Intended Capital Structure for Corteva Targeting A- Expected Liquidity and short- term 1 credit profile debt profile debt supporting seasonality § A- credit profile to support § Minimal long term financial debt§ ~$2B cash balance our differentiated business § Adjusted Debt* ~$4B, primarily pension § Commercial paper as primary model and OPEB obligations funding of seasonal working capital § Retire majority of heritage DuPont long- term financial debt before spin§ Peak seasonal debt anticipated in 3Q ü üü DWDP Issues Make Whole ~$4B of Adjusted Debt Buyback Debt Settlement Debt* 1. Target rating (expressed using S&P nomenclature) 2. * Adjusted Debt includes financial debt, pension and OPEBS ($4.7B: ~$5.9B, net of tax of ~$1.2B), leases and other debt-like adjustments, net of cash balance. Agencies’ methodologies vary Agriculture Division of DowDuPont 29Achieving the Intended Capital Structure for Corteva Targeting A- Expected Liquidity and short- term 1 credit profile debt profile debt supporting seasonality § A- credit profile to support § Minimal long term financial debt§ ~$2B cash balance our differentiated business § Adjusted Debt* ~$4B, primarily pension § Commercial paper as primary model and OPEB obligations funding of seasonal working capital § Retire majority of heritage DuPont long- term financial debt before spin§ Peak seasonal debt anticipated in 3Q ü üü DWDP Issues Make Whole ~$4B of Adjusted Debt Buyback Debt Settlement Debt* 1. Target rating (expressed using S&P nomenclature) 2. * Adjusted Debt includes financial debt, pension and OPEBS ($4.7B: ~$5.9B, net of tax of ~$1.2B), leases and other debt-like adjustments, net of cash balance. Agencies’ methodologies vary Agriculture Division of DowDuPont 29

Pension § Corteva will take the U.S. pension and OPEBs of heritage DuPont. U.S. Service Costs § The U.S. pension is frozen; no further service costs to be accrued Frozen § Almost all future benefits or costs are non-operating § Non-operating pension is primarily driven by changes in asset returns, Non-operating pension discount rates, actuarial assumptions, etc. benefit/costs § Non-op pension impacts to be excluded from Corteva’s operating EBITDA § Expected annual cash outflows for pension and OPEBs of ~$200-300 Cash flows million Agriculture Division of DowDuPont 30Pension § Corteva will take the U.S. pension and OPEBs of heritage DuPont. U.S. Service Costs § The U.S. pension is frozen; no further service costs to be accrued Frozen § Almost all future benefits or costs are non-operating § Non-operating pension is primarily driven by changes in asset returns, Non-operating pension discount rates, actuarial assumptions, etc. benefit/costs § Non-op pension impacts to be excluded from Corteva’s operating EBITDA § Expected annual cash outflows for pension and OPEBs of ~$200-300 Cash flows million Agriculture Division of DowDuPont 30

Additional Modeling Guidance Cash Flow Modeling Guidance Additional Modeling Assumptions § Operating tax rate of 19-21% ($ in millions) 2019E Interest ($150-200) § Interest expense of $150-200 million Cash Taxes (~$450) § Annual digital investment ~$100 million Pension and OPEB Payments ($200-300) § Depreciation of $570-600 million Capex ($650) 2019 cash flow will also include additional outflows for sharing of heritage DuPont corporate and separation costs and integration activities 2019 Corteva guidance is on a standalone basis. Agriculture Division of DowDuPont 31Additional Modeling Guidance Cash Flow Modeling Guidance Additional Modeling Assumptions § Operating tax rate of 19-21% ($ in millions) 2019E Interest ($150-200) § Interest expense of $150-200 million Cash Taxes (~$450) § Annual digital investment ~$100 million Pension and OPEB Payments ($200-300) § Depreciation of $570-600 million Capex ($650) 2019 cash flow will also include additional outflows for sharing of heritage DuPont corporate and separation costs and integration activities 2019 Corteva guidance is on a standalone basis. Agriculture Division of DowDuPont 31

Continued Flow of Merger-Related Cost Synergies Cumulative Synergies Composition: ~1/3 2017 2018 2019E 2020E 2021E Headcount $50 million $450 million $800 million $1.0 billion ~$1.2 billion fixed cost synergies Accelerated our 1H: $150 targets to deliver 2H: $200 $50 million more ~1/3 FY: $350 in year over year Non-headcount YOY synergy savings savings fixed cost synergies 2018 Progress - Cumulative realized cost synergies § Increased target of cumulative realized cost synergies from $1.1 billion to ~$1.2 billion ~1/3 Non-headcount § Exceeded year one run-rate synergy target, actioned more than 99% of projects variable cost synergies § Exceeded 2018 year over year savings target by 33%, delivered $400 million of synergies and raised 2019 target by 17% Agriculture Division of DowDuPont 32Continued Flow of Merger-Related Cost Synergies Cumulative Synergies Composition: ~1/3 2017 2018 2019E 2020E 2021E Headcount $50 million $450 million $800 million $1.0 billion ~$1.2 billion fixed cost synergies Accelerated our 1H: $150 targets to deliver 2H: $200 $50 million more ~1/3 FY: $350 in year over year Non-headcount YOY synergy savings savings fixed cost synergies 2018 Progress - Cumulative realized cost synergies § Increased target of cumulative realized cost synergies from $1.1 billion to ~$1.2 billion ~1/3 Non-headcount § Exceeded year one run-rate synergy target, actioned more than 99% of projects variable cost synergies § Exceeded 2018 year over year savings target by 33%, delivered $400 million of synergies and raised 2019 target by 17% Agriculture Division of DowDuPont 32

On Track for June 2019 Spin SEPTEMBER 17, 2018 May 7, 2019 MAY 2019 OCTOBER 2018 MAY 9, 2019 JUNE 1, 2019 Management Form 10 Equity Announcements Amendments Road Show § Pro forma Initial Form 10 Investor Day Expected Spin financial Filing statements BOD § Capital structure Announcements and dividend policy Agriculture Division of DowDuPont 33On Track for June 2019 Spin SEPTEMBER 17, 2018 May 7, 2019 MAY 2019 OCTOBER 2018 MAY 9, 2019 JUNE 1, 2019 Management Form 10 Equity Announcements Amendments Road Show § Pro forma Initial Form 10 Investor Day Expected Spin financial Filing statements BOD § Capital structure Announcements and dividend policy Agriculture Division of DowDuPont 33

Progress on Five Priorities for Shareholder Value Creation Corteva Indications 01 02 03 04 05 Instill a strong Drive disciplined Develop innovative Attain best-in-class Deliver above- culture capital allocation solutions cost structure market growth Engaged Finalized capital Launched new Delivered year-over- Delivered above- performance driven structure and chemistry products, year cost synergies market growth in culture with farmer financial policy received Enlist E3™ and advanced crop protection, at the center and Qrome® regulatory additional productivity driven by launches approval initiatives, including of new products new ERP Improved Operating 2 Organic sales 1 Cost ROIC Key EBITDA margin growth vs. market benchmarking 34 Mid-High expansion Performance versus peers Teens 1-2% 50-150 Indicators Best-in-Class above market growth bps/year Percent 1. ROIC is return on invested capital. ROIC is defined as net operating profit after tax excluding significant items, non-operating costs and merger-related step up divided by debt plus equity excluding merger goodwill and intangibles 2. Organic sales growth is defined as price and volume growth and excludes currency and portfolio impacts Agriculture Division of DowDuPont 34Progress on Five Priorities for Shareholder Value Creation Corteva Indications 01 02 03 04 05 Instill a strong Drive disciplined Develop innovative Attain best-in-class Deliver above- culture capital allocation solutions cost structure market growth Engaged Finalized capital Launched new Delivered year-over- Delivered above- performance driven structure and chemistry products, year cost synergies market growth in culture with farmer financial policy received Enlist E3™ and advanced crop protection, at the center and Qrome® regulatory additional productivity driven by launches approval initiatives, including of new products new ERP Improved Operating 2 Organic sales 1 Cost ROIC Key EBITDA margin growth vs. market benchmarking 34 Mid-High expansion Performance versus peers Teens 1-2% 50-150 Indicators Best-in-Class above market growth bps/year Percent 1. ROIC is return on invested capital. ROIC is defined as net operating profit after tax excluding significant items, non-operating costs and merger-related step up divided by debt plus equity excluding merger goodwill and intangibles 2. Organic sales growth is defined as price and volume growth and excludes currency and portfolio impacts Agriculture Division of DowDuPont 34

Focused on Shareholder Value Creation Grow Expand Disciplined Sales EBITDA Investment Agriculture Division of DowDuPont 35Focused on Shareholder Value Creation Grow Expand Disciplined Sales EBITDA Investment Agriculture Division of DowDuPont 35

Regional Overview Tim Glenn, EVP, Chief Commercial OfficerRegional Overview Tim Glenn, EVP, Chief Commercial Officer

Progress on Five Priorities for Shareholder Value Creation Commercial Indications 01 02 03 04 05 Instill a strong Drive disciplined Develop innovative Attain best-in-class Deliver above- culture capital allocation solutions cost structure market growth Established Commercial Successful product Delivered YoY Delivering organic comprehensive organization sized launches cost synergies sales growth in all routes-to-market appropriately for realizing cross-platform in commercial regions, regions outside of approach built on market opportunities growth synergies including multi- the U.S. deep understanding channel and multi- of farmer needs and brand rationalization local markets Cost Improved Operating Organic sales* benchmarking Key ROIC* EBITDA margin growth vs. market versus peers 37 Performance expansion 1-2% Mid-High Selling & Indicators 50-150 Above market growth promotion cost bps/year Teens percent effectiveness *ROIC is defined as net operating profit after tax excluding significant items, non-operating costs and merger-related step up divided by debt plus equity excluding merger goodwill and intangibles; Organic sales growth – defined as price and volume, excluding currency and portfolio impacts Agriculture Division of DowDuPont 37Progress on Five Priorities for Shareholder Value Creation Commercial Indications 01 02 03 04 05 Instill a strong Drive disciplined Develop innovative Attain best-in-class Deliver above- culture capital allocation solutions cost structure market growth Established Commercial Successful product Delivered YoY Delivering organic comprehensive organization sized launches cost synergies sales growth in all routes-to-market appropriately for realizing cross-platform in commercial regions, regions outside of approach built on market opportunities growth synergies including multi- the U.S. deep understanding channel and multi- of farmer needs and brand rationalization local markets Cost Improved Operating Organic sales* benchmarking Key ROIC* EBITDA margin growth vs. market versus peers 37 Performance expansion 1-2% Mid-High Selling & Indicators 50-150 Above market growth promotion cost bps/year Teens percent effectiveness *ROIC is defined as net operating profit after tax excluding significant items, non-operating costs and merger-related step up divided by debt plus equity excluding merger goodwill and intangibles; Organic sales growth – defined as price and volume, excluding currency and portfolio impacts Agriculture Division of DowDuPont 37

Market Conditions Influence Current-Season Buying Decisions Europe, Middle East, North America Latin America Asia Pacific Africa • Historic flooding interrupted • Brazil Safrinha corn area up • New agricultural threat – fall • EU, Russia, and Ukraine corn supply chains and damaged and planting benefited from armyworm detected in parts of area expected to be flat to infrastructure in the Midwest rain Asia will impact corn growers slightly higher in 2019 • Shortened application and • Dry weather impacting Brazil • Uncertainty surrounding China • Mild winter in Europe with an planting window soybean production, but still – U.S. soy imports, impact of early start to the season expected to be large crop African swine fever • Additional financial pressure on customers • El Nino weather patterns appears to be bringing drier/drought conditions across parts of Australia and ASEAN markets Significant reduction in seed deliveries in Q1; ~$25 to $35 million in operating EBITDA/day impact last five On Track days of quarter Agriculture Division of DowDuPont 38Market Conditions Influence Current-Season Buying Decisions Europe, Middle East, North America Latin America Asia Pacific Africa • Historic flooding interrupted • Brazil Safrinha corn area up • New agricultural threat – fall • EU, Russia, and Ukraine corn supply chains and damaged and planting benefited from armyworm detected in parts of area expected to be flat to infrastructure in the Midwest rain Asia will impact corn growers slightly higher in 2019 • Shortened application and • Dry weather impacting Brazil • Uncertainty surrounding China • Mild winter in Europe with an planting window soybean production, but still – U.S. soy imports, impact of early start to the season expected to be large crop African swine fever • Additional financial pressure on customers • El Nino weather patterns appears to be bringing drier/drought conditions across parts of Australia and ASEAN markets Significant reduction in seed deliveries in Q1; ~$25 to $35 million in operating EBITDA/day impact last five On Track days of quarter Agriculture Division of DowDuPont 38

Individual Farmers Must Drive Productivity to Achieve Financial Goals Trends Implications • Ongoing farm consolidation • Increase focus on quality and profits • Increasing business orientation • Open to new innovation advancements • Increasing technology acceptance • Increase ability to invest in inputs • Resource scarcity: land, labor, water • Use of technologies to reduce labor • Access to capital requirements • Impact of digital technology and new • Adoption of new technologies to business models reduce inputs and improve sustainability • New forms of financing via technology • Using technology to gain knowledge, information, market access Agriculture Division of DowDuPont 39Individual Farmers Must Drive Productivity to Achieve Financial Goals Trends Implications • Ongoing farm consolidation • Increase focus on quality and profits • Increasing business orientation • Open to new innovation advancements • Increasing technology acceptance • Increase ability to invest in inputs • Resource scarcity: land, labor, water • Use of technologies to reduce labor • Access to capital requirements • Impact of digital technology and new • Adoption of new technologies to business models reduce inputs and improve sustainability • New forms of financing via technology • Using technology to gain knowledge, information, market access Agriculture Division of DowDuPont 39

Market Conditions Influence Current-Season Buying Decisions North America Latin America Asia Pacific Europe, Middle East, Africa Billion USD Billion USD Billion USD Billion USD $27.0 $7.4 $27.4 $1.3 $27.4 $2.8 $23.3 $2.8 $0.4 $10.6 Seeds $11.6 Seeds $1.4 Seeds $8.0 $16.9 Seeds $1.1 $5.0 $0.9 $16.8 CP $15.3 $15.8 CP $1.7 CP $1.4 $10.1 CP $2.4 1 1 1 1 Market Market Market Market $7.4B Net Sales $1.3B Net Sales $2.8B Net Sales $2.8B Net Sales ~11,000 ~3,500 ~2,500 ~4,000 Colleagues Colleagues Colleagues Colleagues 60+ 55+ 50+ 50+ Active Ingredients Active Ingredients Active Ingredients Active Ingredients 2 10+ 10+ 60+ Countries Countries Countries Countries 50 20 10 20 Production Facilities Production Facilities Production Facilities Production Facilities 60+ 20+ 25+ 50 R&D Facilities R&D Facilities R&D Facilities R&D Facilities 1 Source: Corteva Agriscience Internal Analysis, AgBio Investor, Kleffmann – based on total ag crop market of $105B. Seeds: ex-manufacturer value by market year, includes broad acre row crops and trait value, vegetables and forage seed. Does not include saved seed. CP: ex-manufacturer value of product usage on the ground by market year, included seed treatment, does not include non-crop use Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. Agriculture Division of DowDuPont 40Market Conditions Influence Current-Season Buying Decisions North America Latin America Asia Pacific Europe, Middle East, Africa Billion USD Billion USD Billion USD Billion USD $27.0 $7.4 $27.4 $1.3 $27.4 $2.8 $23.3 $2.8 $0.4 $10.6 Seeds $11.6 Seeds $1.4 Seeds $8.0 $16.9 Seeds $1.1 $5.0 $0.9 $16.8 CP $15.3 $15.8 CP $1.7 CP $1.4 $10.1 CP $2.4 1 1 1 1 Market Market Market Market $7.4B Net Sales $1.3B Net Sales $2.8B Net Sales $2.8B Net Sales ~11,000 ~3,500 ~2,500 ~4,000 Colleagues Colleagues Colleagues Colleagues 60+ 55+ 50+ 50+ Active Ingredients Active Ingredients Active Ingredients Active Ingredients 2 10+ 10+ 60+ Countries Countries Countries Countries 50 20 10 20 Production Facilities Production Facilities Production Facilities Production Facilities 60+ 20+ 25+ 50 R&D Facilities R&D Facilities R&D Facilities R&D Facilities 1 Source: Corteva Agriscience Internal Analysis, AgBio Investor, Kleffmann – based on total ag crop market of $105B. Seeds: ex-manufacturer value by market year, includes broad acre row crops and trait value, vegetables and forage seed. Does not include saved seed. CP: ex-manufacturer value of product usage on the ground by market year, included seed treatment, does not include non-crop use Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. Agriculture Division of DowDuPont 40

Comprehensive Routes-to-Market Based on Customer Segmentation and Purchasing Preference Customer Segment Corteva Agriscience™ Route-to-Market Geography (Buying Preference) North America Serviced by dedicated seed sales ® Pioneer and multiple professional; high touch experience § Exclusive Pioneer agency model individual brand with premium products and services countries Serviced by a seed sales Regional professional or farmer-dealer with § Regional brand employees or farmer-dealer U.S. Seed Brands local knowledge, local experience § Wholesale, independent and distribution- owned Serviced at full-service retail, broad § Crop Protection Brands selection of high quality inputs and Retail Global § Brevant™ seeds brand outside U.S. services ® ® § Mycogen brand, PhytoGen brand, Terral ® Seed brand Buy from non-Corteva Agriscience Licensing & § Strategic distribution and licensing Global source opportunities Distribution Expands access to Corteva Agriscience genetics, traits and Crop Protection solutions Agriculture Division of DowDuPont 41 Routes-to-MarketComprehensive Routes-to-Market Based on Customer Segmentation and Purchasing Preference Customer Segment Corteva Agriscience™ Route-to-Market Geography (Buying Preference) North America Serviced by dedicated seed sales ® Pioneer and multiple professional; high touch experience § Exclusive Pioneer agency model individual brand with premium products and services countries Serviced by a seed sales Regional professional or farmer-dealer with § Regional brand employees or farmer-dealer U.S. Seed Brands local knowledge, local experience § Wholesale, independent and distribution- owned Serviced at full-service retail, broad § Crop Protection Brands selection of high quality inputs and Retail Global § Brevant™ seeds brand outside U.S. services ® ® § Mycogen brand, PhytoGen brand, Terral ® Seed brand Buy from non-Corteva Agriscience Licensing & § Strategic distribution and licensing Global source opportunities Distribution Expands access to Corteva Agriscience genetics, traits and Crop Protection solutions Agriculture Division of DowDuPont 41 Routes-to-Market

Executing to Win: Key Seed Trait Launches Crop Region Launch Year 2019E ® Qrome Corn NA 2019 ~$50MM ® Corn NA 2017 • Successful new product launches in PowerCore ® 2019 – Qrome corn products, Enlist ~$300MM PowerCore™ ® 1 E3™ soybeans, LibertyLink Canola Corn LA 2019 Ultra ® and PowerCore Ultra corn Cotton 2017 • 2019 new product sales plan Enlist™ Corn NA, LA 2018 ~$100MM Traits forecasted at $1.5B, contributing to 2 Soy 2019 above-market growth ® Intacta RR2 • Qrome corn products expected to Soy LA 2017 ~$65MM ® PRO reach $1B by 2023 ® ® LibertyLink • Powercore across the Americas Canola NA 2019 ~$30MM Canola expected to reach > $1B by 2023 ® WideStrike 3 Cotton NA 2017 ~$100MM Enlist™ (1) 2019 launch in Brazil; Previously launched in Argentina (2) Enlist E3™ soybeans: 2018 Limited Commercial Introduction; Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™ Selected recent New Product Sales since 2017 PowerCore families will be introduced with Enlist technology pending applicable regulatory approvals Agriculture Division of DowDuPont 42Executing to Win: Key Seed Trait Launches Crop Region Launch Year 2019E ® Qrome Corn NA 2019 ~$50MM ® Corn NA 2017 • Successful new product launches in PowerCore ® 2019 – Qrome corn products, Enlist ~$300MM PowerCore™ ® 1 E3™ soybeans, LibertyLink Canola Corn LA 2019 Ultra ® and PowerCore Ultra corn Cotton 2017 • 2019 new product sales plan Enlist™ Corn NA, LA 2018 ~$100MM Traits forecasted at $1.5B, contributing to 2 Soy 2019 above-market growth ® Intacta RR2 • Qrome corn products expected to Soy LA 2017 ~$65MM ® PRO reach $1B by 2023 ® ® LibertyLink • Powercore across the Americas Canola NA 2019 ~$30MM Canola expected to reach > $1B by 2023 ® WideStrike 3 Cotton NA 2017 ~$100MM Enlist™ (1) 2019 launch in Brazil; Previously launched in Argentina (2) Enlist E3™ soybeans: 2018 Limited Commercial Introduction; Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™ Selected recent New Product Sales since 2017 PowerCore families will be introduced with Enlist technology pending applicable regulatory approvals Agriculture Division of DowDuPont 42

Executing to Win: Key Crop Protection Launches Key Crops Region Launch Year 2019E Herbicides • Recent Crop Protection launches are Cereals, Soy, Others NA, LA, EMEA, AP 2018 Arylex™ Active expected to deliver above-market growth: ™ >$50MM Enlist Herbicides Soy, Corn, Cotton NA, LA, EMEA 2017-2019 • 2019 estimated new product sales Rice, Corn, Pasture forecasted to exceed plan by $100MM 2018 Rinskor™ Active NA, LA, EMEA, AP & Land Mgmt • Strong pipeline with rapid ramp up expected to drive continued growth Fungicides • Arylex™ expected to grow $100MM ® Vessarya next year and reach peak sales LA 2017 Soy Fungicide >$600MM by 2023 TM Zorvec Active >$270MM Fruit, Veg LA, EMEA, AP 2017 • Zorvec™ expected to deliver >$200MM TM Inatreq Active Cereal, Fruit, Veg LA, EMEA, AP by 2023 2019 • Isoclast™ expected to deliver >$300MM by 2023 Insecticides • Initial sales of Inatreq™ in 2019 (1) Multiple NA, LA, EMEA, AP 2019 Isoclast™ active • Fast ramp up: >$150MM by 2021, and >$215MM expected to deliver >$275MM by 2023 Pyraxalt™ active 2018 Rice, Fruit, Veg AP (1) 2019 launch in Brazil; Previously launched in 2012 Agriculture Division of DowDuPont 43Executing to Win: Key Crop Protection Launches Key Crops Region Launch Year 2019E Herbicides • Recent Crop Protection launches are Cereals, Soy, Others NA, LA, EMEA, AP 2018 Arylex™ Active expected to deliver above-market growth: ™ >$50MM Enlist Herbicides Soy, Corn, Cotton NA, LA, EMEA 2017-2019 • 2019 estimated new product sales Rice, Corn, Pasture forecasted to exceed plan by $100MM 2018 Rinskor™ Active NA, LA, EMEA, AP & Land Mgmt • Strong pipeline with rapid ramp up expected to drive continued growth Fungicides • Arylex™ expected to grow $100MM ® Vessarya next year and reach peak sales LA 2017 Soy Fungicide >$600MM by 2023 TM Zorvec Active >$270MM Fruit, Veg LA, EMEA, AP 2017 • Zorvec™ expected to deliver >$200MM TM Inatreq Active Cereal, Fruit, Veg LA, EMEA, AP by 2023 2019 • Isoclast™ expected to deliver >$300MM by 2023 Insecticides • Initial sales of Inatreq™ in 2019 (1) Multiple NA, LA, EMEA, AP 2019 Isoclast™ active • Fast ramp up: >$150MM by 2021, and >$215MM expected to deliver >$275MM by 2023 Pyraxalt™ active 2018 Rice, Fruit, Veg AP (1) 2019 launch in Brazil; Previously launched in 2012 Agriculture Division of DowDuPont 43

Latin America Regional Profile – Latin American Strengthening market access; rapid technology introduction Execution Excellence $2.8B Net Sales • Successful launch of Brevant™ seeds Seed Delivering Results brand 39% • Established differentiated Corteva 13% organic growth* routes-to-market – Crop Protection, +4% price ® Brevant™ seeds, Pioneer brand +9% volume Crop Protection (12%) currency • Rapid technology introductions: 61% +1% net sales • Enlist™ herbicide: >7MM Acres ® • Powercore Enlist™: >350MM Acres 1 2 Seed Market Rank Crop Protection Market Rank • Rinskor™, Arylex™, Isoclast™ and 3 Herbicides #3 Spinetoram in all countries Brazil Corn #1 Insecticides #4 • Farm level demand creation tools drive Mexico Corn #2 cross-platform sales opportunities Fungicides #4 Argentina Corn #2 • Expect first Enlist E3™ soybeans to be Pasture & Land Mgmt #1 planted in 3Q2019 in Brazil Rapidly ramp up new Higher margin and highly technologies: Enlist™ Expand market share in Expand digital offering Priorities differentiated products herbicides, Conkesta E3™ Seed and Crop Protection 4 soybeans Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™ Source: Internal Analysis *Organic sales growth – defined as price and volume, excluding currency and portfolio impacts 2017-2018 (1) Branded seed area (2) Market value Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. (3) Tied for first (4) Pending applicable regulatory reviews Agriculture Division of DowDuPont 44Latin America Regional Profile – Latin American Strengthening market access; rapid technology introduction Execution Excellence $2.8B Net Sales • Successful launch of Brevant™ seeds Seed Delivering Results brand 39% • Established differentiated Corteva 13% organic growth* routes-to-market – Crop Protection, +4% price ® Brevant™ seeds, Pioneer brand +9% volume Crop Protection (12%) currency • Rapid technology introductions: 61% +1% net sales • Enlist™ herbicide: >7MM Acres ® • Powercore Enlist™: >350MM Acres 1 2 Seed Market Rank Crop Protection Market Rank • Rinskor™, Arylex™, Isoclast™ and 3 Herbicides #3 Spinetoram in all countries Brazil Corn #1 Insecticides #4 • Farm level demand creation tools drive Mexico Corn #2 cross-platform sales opportunities Fungicides #4 Argentina Corn #2 • Expect first Enlist E3™ soybeans to be Pasture & Land Mgmt #1 planted in 3Q2019 in Brazil Rapidly ramp up new Higher margin and highly technologies: Enlist™ Expand market share in Expand digital offering Priorities differentiated products herbicides, Conkesta E3™ Seed and Crop Protection 4 soybeans Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™ Source: Internal Analysis *Organic sales growth – defined as price and volume, excluding currency and portfolio impacts 2017-2018 (1) Branded seed area (2) Market value Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. (3) Tied for first (4) Pending applicable regulatory reviews Agriculture Division of DowDuPont 44

Europe, Middle East, Africa Regional Profile – Europe, Middle East, Africa Focus on customer through innovative solutions and differentiated routes-to-market Execution Excellence $2.8B Net Sales • Multi-brand Seeds strategy launched Seed Delivering Results 51% with Brevant™ seeds in Europe 0% organic growth* • Clear positioning between Pannar +1% price ® and Pioneer brand in Africa (1%) volume • Key CP launches: Zorvec™, +6% currency Crop Protection ® ® Lumiposa and Lumisena in 49% +6% net sales Europe; Arylex™, Isoclast™, 1 2 ® Seed Market Rank Crop Protection Market Rank Surestart , Spinosyns ramp-up, First seed applied technology in Africa Eur. A/ME Eur. A/ME Corn #1 #1 Insecticides #3 #3 ® • > 41 new Pioneer brand products Sunflower #2 #1 Fungicides #4 #5 launched in Europe, including Herbicides #4 #5 ® ® Land Mgmt #1 Optimum AQUAmax hybrids and ® Pioneer Protector brand products New Products to Increase penetration Leverage seed footprint to Expand seed applied New product launch Advance Position through differentiated drive Crop Protection technology capabilities and Priorities excellence routes-to-market growth portfolio Source: Internal Analysis (1) Branded seed area *Organic sales growth – defined as price and volume, excluding currency and portfolio impacts 2017-2018 (2) Market value Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. Agriculture Division of DowDuPont 45Europe, Middle East, Africa Regional Profile – Europe, Middle East, Africa Focus on customer through innovative solutions and differentiated routes-to-market Execution Excellence $2.8B Net Sales • Multi-brand Seeds strategy launched Seed Delivering Results 51% with Brevant™ seeds in Europe 0% organic growth* • Clear positioning between Pannar +1% price ® and Pioneer brand in Africa (1%) volume • Key CP launches: Zorvec™, +6% currency Crop Protection ® ® Lumiposa and Lumisena in 49% +6% net sales Europe; Arylex™, Isoclast™, 1 2 ® Seed Market Rank Crop Protection Market Rank Surestart , Spinosyns ramp-up, First seed applied technology in Africa Eur. A/ME Eur. A/ME Corn #1 #1 Insecticides #3 #3 ® • > 41 new Pioneer brand products Sunflower #2 #1 Fungicides #4 #5 launched in Europe, including Herbicides #4 #5 ® ® Land Mgmt #1 Optimum AQUAmax hybrids and ® Pioneer Protector brand products New Products to Increase penetration Leverage seed footprint to Expand seed applied New product launch Advance Position through differentiated drive Crop Protection technology capabilities and Priorities excellence routes-to-market growth portfolio Source: Internal Analysis (1) Branded seed area *Organic sales growth – defined as price and volume, excluding currency and portfolio impacts 2017-2018 (2) Market value Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. Agriculture Division of DowDuPont 45

Asia Pacific Regional Profile – Asia Pacific Lead industry growth with major launches in CP and rapid expansion in corn coverage Execution Excellence $1.3B Net Sales • Grew >2x industry growth in region Seed Delivering Results 27% throughout 2018 10% organic growth* • New routes-to-market launched in +3% price China, India and Philippines +7% volume Crop Protection (1%) currency • Brevant™ seeds brand launch in India 73% +9% net sales • Rapid ramp up of new launches: 1 2 Seed Market Rank Crop Protection Market Rank Pexalon™, Rinskor™, Zorvec™ Corn #1 Herbicides #4 • ~30% Growth in Spinetoram year over year 3 Hybrid Rice #3 Insecticides #5 • Regain corn seed market share in Fungicides #4 ASEAN Corn coverage expansion “One Rice” – rice portfolio Accelerate growth in ® Successful CP launches with Pioneer brand growth through CP and Vietnam, Myanmar, Priorities and Spinetoram expansion repositioning and Brevant™ hybrid seed Bangladesh, Pakistan seeds brand launch Source: Internal Analysis (1) Branded seed area *Organic sales growth – defined as price and volume, excluding currency and portfolio impacts 2017-2018 (2) Market value (3) Certified hybrid rice Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. Agriculture Division of DowDuPont 46Asia Pacific Regional Profile – Asia Pacific Lead industry growth with major launches in CP and rapid expansion in corn coverage Execution Excellence $1.3B Net Sales • Grew >2x industry growth in region Seed Delivering Results 27% throughout 2018 10% organic growth* • New routes-to-market launched in +3% price China, India and Philippines +7% volume Crop Protection (1%) currency • Brevant™ seeds brand launch in India 73% +9% net sales • Rapid ramp up of new launches: 1 2 Seed Market Rank Crop Protection Market Rank Pexalon™, Rinskor™, Zorvec™ Corn #1 Herbicides #4 • ~30% Growth in Spinetoram year over year 3 Hybrid Rice #3 Insecticides #5 • Regain corn seed market share in Fungicides #4 ASEAN Corn coverage expansion “One Rice” – rice portfolio Accelerate growth in ® Successful CP launches with Pioneer brand growth through CP and Vietnam, Myanmar, Priorities and Spinetoram expansion repositioning and Brevant™ hybrid seed Bangladesh, Pakistan seeds brand launch Source: Internal Analysis (1) Branded seed area *Organic sales growth – defined as price and volume, excluding currency and portfolio impacts 2017-2018 (2) Market value (3) Certified hybrid rice Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. Agriculture Division of DowDuPont 46

North America Regional Profile – North American Building on leading positions in Seed and Crop Protection Execution Excellence $7.4B Net Sales • Introduced new premium retail brand Crop Protection Delivering Results in Canada - Brevant™ seeds in 33% 3% organic growth* canola, corn, soybeans and winter wheat 1% price (4%) volume ® • Biotech trait launches: Qrome corn Seed 0% currency 67% products, Enlist E3™ soybeans, (3%) net sales ® LibertyLink Canola in U.S. and Canada 1 2 Seed Market Rank Crop Protection Market Rank • Crop Protection launches: 3 cross- U.S. Can U.S. Can Corn #1 #1 Herbicides #3 #3 spectrum cereal herbicides, Soybean #1 #1 Insecticides #1 #4 Elevore™ preseed and Lumisena™ Alfalfa #1 Fungicides #4 #4 Winter wheat #1 Nitrogen Stabilizers #1 #3 seed treatment Canola #2 #2 Pasture & Land Mgmt #1 #1 Cotton #3 Seed Applied Technology #3 ® • TruChoice program creating farmer Sorghum #1 Sunflower #1 demand for Crop Protection in U.S. Expand Brevant™ seeds brand in Canada; Operate Launch new products; Expand licensing Deliver Corteva Acre Priorities multi-channel brands in Rapid ramp-up opportunities U.S. Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. Source: Internal Analysis *Organic sales growth – defined as price and volume, excluding currency and portfolio impact 2017-2018s (1) Branded seed area Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. (2) Market value Agriculture Division of DowDuPont 47North America Regional Profile – North American Building on leading positions in Seed and Crop Protection Execution Excellence $7.4B Net Sales • Introduced new premium retail brand Crop Protection Delivering Results in Canada - Brevant™ seeds in 33% 3% organic growth* canola, corn, soybeans and winter wheat 1% price (4%) volume ® • Biotech trait launches: Qrome corn Seed 0% currency 67% products, Enlist E3™ soybeans, (3%) net sales ® LibertyLink Canola in U.S. and Canada 1 2 Seed Market Rank Crop Protection Market Rank • Crop Protection launches: 3 cross- U.S. Can U.S. Can Corn #1 #1 Herbicides #3 #3 spectrum cereal herbicides, Soybean #1 #1 Insecticides #1 #4 Elevore™ preseed and Lumisena™ Alfalfa #1 Fungicides #4 #4 Winter wheat #1 Nitrogen Stabilizers #1 #3 seed treatment Canola #2 #2 Pasture & Land Mgmt #1 #1 Cotton #3 Seed Applied Technology #3 ® • TruChoice program creating farmer Sorghum #1 Sunflower #1 demand for Crop Protection in U.S. Expand Brevant™ seeds brand in Canada; Operate Launch new products; Expand licensing Deliver Corteva Acre Priorities multi-channel brands in Rapid ramp-up opportunities U.S. Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. Source: Internal Analysis *Organic sales growth – defined as price and volume, excluding currency and portfolio impact 2017-2018s (1) Branded seed area Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. (2) Market value Agriculture Division of DowDuPont 47

U.S. Overview Judd O’Connor, President, U.S. BusinessU.S. Overview Judd O’Connor, President, U.S. Business

U.S. Profile – United States Building on leading positions in Seed and Crop Protection # • Four Crop Protection product launches $6.7B Net Sales ® ® ® • Lumisena , Elevore , EverpreX , Isoclast™ Crop Protection 33% ~10,500 43 • Two new seed trait launches Production Facilities Colleagues ® • Qrome corn products • Enlist E3™ soybeans ~60 50 Active Ingredients R&D Facilities Seed • Completed ~100 Enlist E3™ soybean license 67% agreements 1 Country • Expected to be planted on ~10 percent of U.S. soybean acres in 2020 1 2 Seed Market Rank Crop Protection Market Rank • Regional brand restructuring complete and operational Corn #1 Herbicides #3 • Pioneer® brand corn and soybean performance Soybean #1 Insecticides #1 ® • Pioneer brand A-Series Soybeans with Roundup ® Alfalfa #1 Ready 2 Xtend Technology: 3.5 bu/A advantage Fungicides #4 • Top 40 Pioneer brand corn products by demand: Canola #2 5.3 bu/A advantage Nitrogen Stabilizers #1 Cotton #3 Pasture & Land Mgmt #1 • TruChoice® creating farmer demand for Crop Sorghum #1 Protection products Sunflower #1 • Enhanced digital offering Source: Internal Analysis Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™ (1) Branded seed area #CP Launches 2018-2019 Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. (2) Market value Agriculture Division of DowDuPont 49U.S. Profile – United States Building on leading positions in Seed and Crop Protection # • Four Crop Protection product launches $6.7B Net Sales ® ® ® • Lumisena , Elevore , EverpreX , Isoclast™ Crop Protection 33% ~10,500 43 • Two new seed trait launches Production Facilities Colleagues ® • Qrome corn products • Enlist E3™ soybeans ~60 50 Active Ingredients R&D Facilities Seed • Completed ~100 Enlist E3™ soybean license 67% agreements 1 Country • Expected to be planted on ~10 percent of U.S. soybean acres in 2020 1 2 Seed Market Rank Crop Protection Market Rank • Regional brand restructuring complete and operational Corn #1 Herbicides #3 • Pioneer® brand corn and soybean performance Soybean #1 Insecticides #1 ® • Pioneer brand A-Series Soybeans with Roundup ® Alfalfa #1 Ready 2 Xtend Technology: 3.5 bu/A advantage Fungicides #4 • Top 40 Pioneer brand corn products by demand: Canola #2 5.3 bu/A advantage Nitrogen Stabilizers #1 Cotton #3 Pasture & Land Mgmt #1 • TruChoice® creating farmer demand for Crop Sorghum #1 Protection products Sunflower #1 • Enhanced digital offering Source: Internal Analysis Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™ (1) Branded seed area #CP Launches 2018-2019 Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. (2) Market value Agriculture Division of DowDuPont 49

U.S. Expanding Access to Corteva Agriscience™ Genetics, Technology and Traits through Multiple Brands and Channels Licensing and Distribution ® • Flagship Pioneer seed brand through exclusive agency route-to-market – Continuing to further strengthen and differentiate brand Global Brand • Strategically positioned retail brands with improved germplasm – Significant growth opportunity for Corteva Agriscience One-Stop • Creating Crop Protection demand Local for Crop with Pioneer customers through joint Brands seed and CP offers – Executed Inputs together with retail partners • New licensing and distribution business opportunities – Completed ~100 licenses for Enlist E3™ soybeans Agriculture Division of DowDuPont 50U.S. Expanding Access to Corteva Agriscience™ Genetics, Technology and Traits through Multiple Brands and Channels Licensing and Distribution ® • Flagship Pioneer seed brand through exclusive agency route-to-market – Continuing to further strengthen and differentiate brand Global Brand • Strategically positioned retail brands with improved germplasm – Significant growth opportunity for Corteva Agriscience One-Stop • Creating Crop Protection demand Local for Crop with Pioneer customers through joint Brands seed and CP offers – Executed Inputs together with retail partners • New licensing and distribution business opportunities – Completed ~100 licenses for Enlist E3™ soybeans Agriculture Division of DowDuPont 50

U.S. Regional Seed Brand Restructuring Complete 2018: 10 Regional Brands 2019: 5 Regional Brands Execution Exceeding Plan Priorities • Major reorganization & refocus with anticipated volume loss • Stable and set to grow in 2020 • 93% of Points of Sale fully converted to new structure within • Building on cost advantages identified boundaries • Leverage integrated operations advantages to drive scale and • >40% of Points of Sale changed brands, 85% retention improve COGS • Rapid product line transition to Corteva Agriscience germplasm • Drive expansion through Corteva Agriscience germplasm pool and traits and trait portfolio • Greater production efficiencies and Corteva Agriscience genetics • 40% reduction in product count Corteva Agriscience™ Corn and Soybean Regional Brands Dots Represent 2018 Brands and Points of Sale Agriculture Division of DowDuPont 51U.S. Regional Seed Brand Restructuring Complete 2018: 10 Regional Brands 2019: 5 Regional Brands Execution Exceeding Plan Priorities • Major reorganization & refocus with anticipated volume loss • Stable and set to grow in 2020 • 93% of Points of Sale fully converted to new structure within • Building on cost advantages identified boundaries • Leverage integrated operations advantages to drive scale and • >40% of Points of Sale changed brands, 85% retention improve COGS • Rapid product line transition to Corteva Agriscience germplasm • Drive expansion through Corteva Agriscience germplasm pool and traits and trait portfolio • Greater production efficiencies and Corteva Agriscience genetics • 40% reduction in product count Corteva Agriscience™ Corn and Soybean Regional Brands Dots Represent 2018 Brands and Points of Sale Agriculture Division of DowDuPont 51

U.S. The Corteva Acre SEED GENETICS & TRAITS • U.S. and area leadership accountable for growth across Seed, Crop Protection and Digital • Strategic alignment and commitment to key retail and distribution partners • Complementary offer is expanding market penetration – 2X Pioneer customers using Corteva Agriscience Crop Protection products AGRONOMIC CROP Corteva Acre SOLUTIONS PROTECTION • Leading Crop Protection portfolio – 2x Dollars committed to purchase Corteva Agriscience products • Portfolio optimization to drive margin growth and simplicity SEED APPLIED DIGITAL TECHNOLOGY SOLUTIONS Agriculture Division of DowDuPont 52U.S. The Corteva Acre SEED GENETICS & TRAITS • U.S. and area leadership accountable for growth across Seed, Crop Protection and Digital • Strategic alignment and commitment to key retail and distribution partners • Complementary offer is expanding market penetration – 2X Pioneer customers using Corteva Agriscience Crop Protection products AGRONOMIC CROP Corteva Acre SOLUTIONS PROTECTION • Leading Crop Protection portfolio – 2x Dollars committed to purchase Corteva Agriscience products • Portfolio optimization to drive margin growth and simplicity SEED APPLIED DIGITAL TECHNOLOGY SOLUTIONS Agriculture Division of DowDuPont 52

Business Platform Overview Rajan Gajaria, EVP, Business PlatformsBusiness Platform Overview Rajan Gajaria, EVP, Business Platforms

Industry Trends and Market Opportunities 2018 Crop Protection and Seed Market Opportunity Population and Income • +11% growth in world population and • +31% growth in world income over last 10 years • +9% growth in world population and $105 45% • +30% growth in world income over next 10 years 55% Billion Crop Harvest • +7% growth in global crop area harvested over Crop Protection Seeds last 10 years • +4% growth in global crop area harvested over Farm Input Industry (billions) next 10 years $110 $105 Crop Consumption $100 $95 • +25% growth in global crop consumption over last 10 years $90 • +12% growth in expected global crop $85 consumption over next 10 years $80 2010 2011 2012 2013 2014 2015 2016 2017 2018 Meat Consumption 3% Industry CAGR Over the Last Decade • +14% growth in meat consumption over last 10 years Source: CP – AgBio; Seeds – AgBio/PMD; Forecasts GMI (internal) • +13% growth in meat consumption anticipated over Seeds: ex-manufacturer value by market year, includes broad acre row crops and trait value, vegetables and forage seed. Does not include saved seed. next 10 years CP: ex-manufacturer value of product usage on the ground by market year, included seed treatment, does not include non-crop use Agriculture Division of DowDuPont 54Industry Trends and Market Opportunities 2018 Crop Protection and Seed Market Opportunity Population and Income • +11% growth in world population and • +31% growth in world income over last 10 years • +9% growth in world population and $105 45% • +30% growth in world income over next 10 years 55% Billion Crop Harvest • +7% growth in global crop area harvested over Crop Protection Seeds last 10 years • +4% growth in global crop area harvested over Farm Input Industry (billions) next 10 years $110 $105 Crop Consumption $100 $95 • +25% growth in global crop consumption over last 10 years $90 • +12% growth in expected global crop $85 consumption over next 10 years $80 2010 2011 2012 2013 2014 2015 2016 2017 2018 Meat Consumption 3% Industry CAGR Over the Last Decade • +14% growth in meat consumption over last 10 years Source: CP – AgBio; Seeds – AgBio/PMD; Forecasts GMI (internal) • +13% growth in meat consumption anticipated over Seeds: ex-manufacturer value by market year, includes broad acre row crops and trait value, vegetables and forage seed. Does not include saved seed. next 10 years CP: ex-manufacturer value of product usage on the ground by market year, included seed treatment, does not include non-crop use Agriculture Division of DowDuPont 54

Progress on Five Priorities for Shareholder Value Creation Platform Indications 01 02 03 04 05 Instill a strong Drive disciplined Develop innovative Attain best-in-class Deliver above- culture capital allocation solutions cost structure market growth Collaborate cross- Aligned R&D and Launched new Delivered YoY Delivered above- functionally to manufacturing chemistry products and cost synergies in R&D market growth in deliver business infrastructure, Enlist E3™ soybeans, and manufacturing crop protection and results prioritized capital extended launch of and advanced expect to deliver ® expenditures, and Qrome corn products additional productivity margin improvement rationalized portfolio initiatives in seed in mid-term to improve return Improved Operating Cost Organic sales 1 2 Key ROIC EBITDA margin benchmarking growth vs. 55 expansion versus peers market Performance Mid- to High- R&D and COGS Indicators 50-150 1-2% Teens Percent effectiveness bps/year above market growth 1 ROIC is defined as net operating profit after tax excluding significant items, non-operating costs and merger-related step up divided by debt plus equity excluding merger goodwill and intangibles 2 Organic sales growth is defined as price and volume, excluding currency and portfolio impact Agriculture Division of DowDuPont 55Progress on Five Priorities for Shareholder Value Creation Platform Indications 01 02 03 04 05 Instill a strong Drive disciplined Develop innovative Attain best-in-class Deliver above- culture capital allocation solutions cost structure market growth Collaborate cross- Aligned R&D and Launched new Delivered YoY Delivered above- functionally to manufacturing chemistry products and cost synergies in R&D market growth in deliver business infrastructure, Enlist E3™ soybeans, and manufacturing crop protection and results prioritized capital extended launch of and advanced expect to deliver ® expenditures, and Qrome corn products additional productivity margin improvement rationalized portfolio initiatives in seed in mid-term to improve return Improved Operating Cost Organic sales 1 2 Key ROIC EBITDA margin benchmarking growth vs. 55 expansion versus peers market Performance Mid- to High- R&D and COGS Indicators 50-150 1-2% Teens Percent effectiveness bps/year above market growth 1 ROIC is defined as net operating profit after tax excluding significant items, non-operating costs and merger-related step up divided by debt plus equity excluding merger goodwill and intangibles 2 Organic sales growth is defined as price and volume, excluding currency and portfolio impact Agriculture Division of DowDuPont 55

Business Platform Strategy Overview Shaping the Portfolio Cost-Advantaged Innovation- Customer of the Future Operations Fueled Growth Focus • Multi-channel, multi-brand • Germplasm and traits • Best owner mindset • Target best-in-class seed advantaged Routes-To- production • Rapid ramp-up of new • Licensing and distribution Market approach technology • Crop Protection global • Bolt-on acquisitions • Integrated solutions asset footprint • Broad portfolio of software solutions • Focused cash utilization • Open digital platform that connects applications and third parties Best-in-class program management drives customer focus and discipline Agriculture Division of DowDuPont 56Business Platform Strategy Overview Shaping the Portfolio Cost-Advantaged Innovation- Customer of the Future Operations Fueled Growth Focus • Multi-channel, multi-brand • Germplasm and traits • Best owner mindset • Target best-in-class seed advantaged Routes-To- production • Rapid ramp-up of new • Licensing and distribution Market approach technology • Crop Protection global • Bolt-on acquisitions • Integrated solutions asset footprint • Broad portfolio of software solutions • Focused cash utilization • Open digital platform that connects applications and third parties Best-in-class program management drives customer focus and discipline Agriculture Division of DowDuPont 56

Power of Combined Platforms Offering Complete Solutions Customer Nutrient Focused Seed Applied TM Enlist System Growth Technology Management Synergies Corteva Agriscience™ Advantage Innovation Across Integrated Crop Health & Complete Solution Segments Solutions Sustainability Agriculture Division of DowDuPont 57Power of Combined Platforms Offering Complete Solutions Customer Nutrient Focused Seed Applied TM Enlist System Growth Technology Management Synergies Corteva Agriscience™ Advantage Innovation Across Integrated Crop Health & Complete Solution Segments Solutions Sustainability Agriculture Division of DowDuPont 57

New Seed and Trait Products Expected to Drive New Value Leading germplasm library driving YOY yield improvement Seed and Trait Product Launches Accelerating in new classes of seed products In 2018, delivered $1.1B in new product sales that held $5.0 competitive position and market share • 2018 incremental growth driven by genetic gain and new $4.5B trait technology $4.0 • 1-2% of sales growth anticipated over time due to new product sales and innovation $3.0 $3.2B $500 MM of ® Recent biotech launches included Qrome Corn Products, ® ® Enlist E3™ Soybeans, LibertyLink Canola, PowerCore Cumulative ® ULTRA, Enlist™ Corn and WideStrike 3 x Enlist™ cotton Incremental $2.0 supported with additional sales and marketing efforts: Growth • 2019 forecasted increase by >$100MM $1.5B $1.0 • 2021 forecasted increase by >$200MM $0.0 2019E 2021E 2023E Seed Targeted New Product Sales New Product Sales since 2017; incremental growth represents expected cumulative net benefits from 2019-2023 Launches pending applicable regulatory approvals Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. Agriculture Division of DowDuPont 58New Seed and Trait Products Expected to Drive New Value Leading germplasm library driving YOY yield improvement Seed and Trait Product Launches Accelerating in new classes of seed products In 2018, delivered $1.1B in new product sales that held $5.0 competitive position and market share • 2018 incremental growth driven by genetic gain and new $4.5B trait technology $4.0 • 1-2% of sales growth anticipated over time due to new product sales and innovation $3.0 $3.2B $500 MM of ® Recent biotech launches included Qrome Corn Products, ® ® Enlist E3™ Soybeans, LibertyLink Canola, PowerCore Cumulative ® ULTRA, Enlist™ Corn and WideStrike 3 x Enlist™ cotton Incremental $2.0 supported with additional sales and marketing efforts: Growth • 2019 forecasted increase by >$100MM $1.5B $1.0 • 2021 forecasted increase by >$200MM $0.0 2019E 2021E 2023E Seed Targeted New Product Sales New Product Sales since 2017; incremental growth represents expected cumulative net benefits from 2019-2023 Launches pending applicable regulatory approvals Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. Agriculture Division of DowDuPont 58

Growth Propelled by our Seed and Trait Pipeline Becoming a Launch Machine Key Seed Platform launches targeted through 2023 TRAIT CROPS DISCIPLINE REGIONS TRAIT CROPS DISCIPLINE REGIONS Insect Latin Insect North Protection & Corn America Protection America Soy Herbicide Tolerance Insect Latin Corn Herbicide North Protection America Canola Tolerance America Herbicide North Insect North Canola Corn Tolerance America Protection America North America, Next Generation Insect North Europe, Canola Output Trait Corn Rootworm Corn Protection America Asia Pacific Trait Technology North Insect North Cotton America, America Protection Cotton, Herbicide Latin America Corn, Soy Tolerance Latin America North Healthy Oils Sunflower America, Output Trait Launches pending applicable regulatory approvals Europe Insect Protection products incorporate Herbicide Tolerance Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. PowerCore families and WideStrike 3 will be introduced with Enlist™ technology pending applicable regulatory approvals Agriculture Division of DowDuPont 59Growth Propelled by our Seed and Trait Pipeline Becoming a Launch Machine Key Seed Platform launches targeted through 2023 TRAIT CROPS DISCIPLINE REGIONS TRAIT CROPS DISCIPLINE REGIONS Insect Latin Insect North Protection & Corn America Protection America Soy Herbicide Tolerance Insect Latin Corn Herbicide North Protection America Canola Tolerance America Herbicide North Insect North Canola Corn Tolerance America Protection America North America, Next Generation Insect North Europe, Canola Output Trait Corn Rootworm Corn Protection America Asia Pacific Trait Technology North Insect North Cotton America, America Protection Cotton, Herbicide Latin America Corn, Soy Tolerance Latin America North Healthy Oils Sunflower America, Output Trait Launches pending applicable regulatory approvals Europe Insect Protection products incorporate Herbicide Tolerance Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. PowerCore families and WideStrike 3 will be introduced with Enlist™ technology pending applicable regulatory approvals Agriculture Division of DowDuPont 59

1 Maximizing Value of Trait Launches: Corn Balancing use of proprietary and licensed technology ABOVE GROUND BELOW GROUND Improved Improved Product Out-license Improved Improved Product Out-license Margin Efficacy Renewal Opportunity Margin Efficacy Renewal Opportunity ® ® ® Optimum Optimum Intrasect ® ® ® AcreMax XTreme Optimum AcreMax ® SmartStax / ® PowerCore ® SmartStax Pro ® ® ® Optimum Leptra Qrome products Next Gen Below- ® PowerCore Ultra Ground Proprietary Proprietary Below Ground Above-Ground Integrates germplasm, traits Delivers compelling solutions Maximizes proprietary stack options Overall and seed treatments 1 Current estimated project plans Agriculture Division of DowDuPont 601 Maximizing Value of Trait Launches: Corn Balancing use of proprietary and licensed technology ABOVE GROUND BELOW GROUND Improved Improved Product Out-license Improved Improved Product Out-license Margin Efficacy Renewal Opportunity Margin Efficacy Renewal Opportunity ® ® ® Optimum Optimum Intrasect ® ® ® AcreMax XTreme Optimum AcreMax ® SmartStax / ® PowerCore ® SmartStax Pro ® ® ® Optimum Leptra Qrome products Next Gen Below- ® PowerCore Ultra Ground Proprietary Proprietary Below Ground Above-Ground Integrates germplasm, traits Delivers compelling solutions Maximizes proprietary stack options Overall and seed treatments 1 Current estimated project plans Agriculture Division of DowDuPont 60

1 Maximizing Value of Trait Launches: Soybean Transitioning to more proprietary technology NORTH AMERICA LATIN AMERICA Improved Improved Product Out-license Improved Improved Product Out-license Margin Efficacy Renewal Opportunity Margin Efficacy Renewal Opportunity Glyphosate Glyphosate Tolerance Tolerance ® Intacta RR2 PRO ® LibertyLink Technology Roundup Ready 2 Enlist E3™ and ® Xtend Conkesta E3™ New Mode of Action Enlist E3™ Lepidopteran Protection 2 Soybeans & Multiple Mode Herbicide Tolerance II Multiple Mode Herbicide Tolerance II Integrates germplasm, traits and seed Maximizes proprietary stack options Overall Delivers compelling solutions treatments; enables crop protection and out-licensing opportunities 1 Current estimated project plans 2 Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. Agriculture Division of DowDuPont 611 Maximizing Value of Trait Launches: Soybean Transitioning to more proprietary technology NORTH AMERICA LATIN AMERICA Improved Improved Product Out-license Improved Improved Product Out-license Margin Efficacy Renewal Opportunity Margin Efficacy Renewal Opportunity Glyphosate Glyphosate Tolerance Tolerance ® Intacta RR2 PRO ® LibertyLink Technology Roundup Ready 2 Enlist E3™ and ® Xtend Conkesta E3™ New Mode of Action Enlist E3™ Lepidopteran Protection 2 Soybeans & Multiple Mode Herbicide Tolerance II Multiple Mode Herbicide Tolerance II Integrates germplasm, traits and seed Maximizes proprietary stack options Overall Delivers compelling solutions treatments; enables crop protection and out-licensing opportunities 1 Current estimated project plans 2 Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. Agriculture Division of DowDuPont 61

Highlights Expanded Launch -- 2019 Targeting sales of ~$1 billion by 2023 • Differentiation: ® • Qrome products offer growers high yielding insect control options to drive productivity via top tier genetics • Performance and Success to Date: ® • Qrome products have consistently delivered an average 5.5 bushel yield advantage over legacy triple-stack technology in multi-year research trials ® • Qrome products optimize insect protection and agronomic performance across our product portfolio ® • Enabling rapid ramp-up of new technologies, Qrome corn products are estimated to be in excess of 70% of the Corteva Agriscience™ corn rootworm portfolio in 2020 • Key Crops: Corn 2018 Qrome performance data is based on the average of 244 comparisons made in the United States through Nov. 14, 2018, Comparisons are against all competitors and within a +/- 3 CRM of the competitive brand. Agriculture Division of DowDuPont 62Highlights Expanded Launch -- 2019 Targeting sales of ~$1 billion by 2023 • Differentiation: ® • Qrome products offer growers high yielding insect control options to drive productivity via top tier genetics • Performance and Success to Date: ® • Qrome products have consistently delivered an average 5.5 bushel yield advantage over legacy triple-stack technology in multi-year research trials ® • Qrome products optimize insect protection and agronomic performance across our product portfolio ® • Enabling rapid ramp-up of new technologies, Qrome corn products are estimated to be in excess of 70% of the Corteva Agriscience™ corn rootworm portfolio in 2020 • Key Crops: Corn 2018 Qrome performance data is based on the average of 244 comparisons made in the United States through Nov. 14, 2018, Comparisons are against all competitors and within a +/- 3 CRM of the competitive brand. Agriculture Division of DowDuPont 62

Highlights ™ Enlist Weed Control System sales targeting >$0.5B by 2023 • Differentiation: • Superior weed control system helps growers maximize yield: 1 • Enlist E3™ Soybeans enables growers to use one of the most advanced ® herbicide technology with Enlist Duo® or Enlist One herbicides ® • The Enlist Herbicide solutions with new 2,4-D Choline with Colex-D technology provides ultra low volatility and drift reduction ® • Enlist™ corn stacked with industry leading traits PowerCore and PowerCore™ Ultra targeted to be best-in-class weed control system in Americas • Success to Date: • Enlist™ cotton launched in 2017; Enlist corn commercially available in 2018 2 • Enlist E3™ Soybeans launch 2019 • Anticipated Performance: • Enlist E3™ Soybeans estimated on >10% of U.S. & Canada soybean acres in 2020 • Completed ~100 licenses • Key Crops: Cotton, corn and soy 1 Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. 2 2018 Limited Commercial Introduction Agriculture Division of DowDuPont 63Highlights ™ Enlist Weed Control System sales targeting >$0.5B by 2023 • Differentiation: • Superior weed control system helps growers maximize yield: 1 • Enlist E3™ Soybeans enables growers to use one of the most advanced ® herbicide technology with Enlist Duo® or Enlist One herbicides ® • The Enlist Herbicide solutions with new 2,4-D Choline with Colex-D technology provides ultra low volatility and drift reduction ® • Enlist™ corn stacked with industry leading traits PowerCore and PowerCore™ Ultra targeted to be best-in-class weed control system in Americas • Success to Date: • Enlist™ cotton launched in 2017; Enlist corn commercially available in 2018 2 • Enlist E3™ Soybeans launch 2019 • Anticipated Performance: • Enlist E3™ Soybeans estimated on >10% of U.S. & Canada soybean acres in 2020 • Completed ~100 licenses • Key Crops: Cotton, corn and soy 1 Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. 2 2018 Limited Commercial Introduction Agriculture Division of DowDuPont 63

Royalty Impact Moving toward proprietary trait packages • Royalty costs in 2018 were ~$750 million for all in- licensed traits • Expected net increase of ~$50 million in 2019 Out-licensing royalty costs due to volumes and mix of current technologies proprietary trait • Enlist E3™ soybean* in-licensing revenue expected technology drives to start in 2019 • Acceleration of Enlist E3™ soybean trait ramp up, expanded margins Optimum Gly® Canola launch timing and overall licensing opportunities could drive net royalty prior to 2023 improvement earlier than plan • Expect growth of products with proprietary traits *Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. Agriculture Division of DowDuPont 64Royalty Impact Moving toward proprietary trait packages • Royalty costs in 2018 were ~$750 million for all in- licensed traits • Expected net increase of ~$50 million in 2019 Out-licensing royalty costs due to volumes and mix of current technologies proprietary trait • Enlist E3™ soybean* in-licensing revenue expected technology drives to start in 2019 • Acceleration of Enlist E3™ soybean trait ramp up, expanded margins Optimum Gly® Canola launch timing and overall licensing opportunities could drive net royalty prior to 2023 improvement earlier than plan • Expect growth of products with proprietary traits *Enlist E3™ soybeans are jointly developed by Dow AgroSciences and MS Technologies™. Agriculture Division of DowDuPont 64

Cost-Competitive Operations and Best-in-Class Grower Network Optimized Global Footprint – Strong Focus on Site Utilization Relationships, Strong Seed Yields Best Growing Global Support / Areas and Regional Growers Responsive Supply Chains 30+ ~70 4,500+ Countries Seed Seed Targeted best-in- production operations class Infrastructure facilities employees & Cost-Advantages Agriculture Division of DowDuPont 65Cost-Competitive Operations and Best-in-Class Grower Network Optimized Global Footprint – Strong Focus on Site Utilization Relationships, Strong Seed Yields Best Growing Global Support / Areas and Regional Growers Responsive Supply Chains 30+ ~70 4,500+ Countries Seed Seed Targeted best-in- production operations class Infrastructure facilities employees & Cost-Advantages Agriculture Division of DowDuPont 65

New Crop Protection Products Expected to Drive New Value Crop Protection strong innovation driving above market growth New products expected to drive sales growth Diverse portfolio across disciplines and regions In 2018, delivered >$400MM in new product sales and estimating 75% growth in 2019 Crop Protection Targeted New Product Sales Recent or near-term Crop Protection launches include Arylex™, $3.0 ® Inatreq™, Rinskor™, Enlist™, Vessarya , Zorvec™ and Pyraxalt™ supported with additional sales and marketing efforts: $2B of $2.5 $2.6B • 2019 forecasted to increase by >$100MM Cumulative Incremental Growth $2.0 $1.5 $1.6B $1.0 $0.7B $0.5 2019E 2021E 2023E New Product Sales since 2017; incremental growth represents cumulative net benefits from 2019-2023. Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. Launches pending applicable regulatory approvals. Agriculture Division of DowDuPont 66New Crop Protection Products Expected to Drive New Value Crop Protection strong innovation driving above market growth New products expected to drive sales growth Diverse portfolio across disciplines and regions In 2018, delivered >$400MM in new product sales and estimating 75% growth in 2019 Crop Protection Targeted New Product Sales Recent or near-term Crop Protection launches include Arylex™, $3.0 ® Inatreq™, Rinskor™, Enlist™, Vessarya , Zorvec™ and Pyraxalt™ supported with additional sales and marketing efforts: $2B of $2.5 $2.6B • 2019 forecasted to increase by >$100MM Cumulative Incremental Growth $2.0 $1.5 $1.6B $1.0 $0.7B $0.5 2019E 2021E 2023E New Product Sales since 2017; incremental growth represents cumulative net benefits from 2019-2023. Note: 2018 Sales are on a pro forma basis prepared in accordance with Article 11 of Regulation S-X. Launches pending applicable regulatory approvals. Agriculture Division of DowDuPont 66

Growth Propelled by our Crop Protection Pipeline Key Crop Protection Platform launches targeted through 2023 Region Cereal Soybean Corn Rice Other Fruits & Pasture & Oil Seed Rape LM Sunflower Vegetables Herbicides Arylex™ active NA, LA, EMEA, AP Enlist™ NA, LA, EMEA weed control system NA, LA, EMEA, AP Rinskor™ active Fungicides TM Inatreq active LA, EMEA, AP Vessarya® fungicide LA TM Zorvec active LA, EMEA, AP Adavelt™ active NA, LA, EMEA, AP Insecticides and Nematicides 1 Isoclast™ active NA, LA, EMEA, AP AP Pyraxalt™ active Reklemel™ active NA, LA, EMEA, AP 1 2019 anticipated launch in Brazil pending applicable regulatory approvals; previously launched in other markets beginning 2012. Launches pending applicable regulatory approvals. Agriculture Division of DowDuPont 67Growth Propelled by our Crop Protection Pipeline Key Crop Protection Platform launches targeted through 2023 Region Cereal Soybean Corn Rice Other Fruits & Pasture & Oil Seed Rape LM Sunflower Vegetables Herbicides Arylex™ active NA, LA, EMEA, AP Enlist™ NA, LA, EMEA weed control system NA, LA, EMEA, AP Rinskor™ active Fungicides TM Inatreq active LA, EMEA, AP Vessarya® fungicide LA TM Zorvec active LA, EMEA, AP Adavelt™ active NA, LA, EMEA, AP Insecticides and Nematicides 1 Isoclast™ active NA, LA, EMEA, AP AP Pyraxalt™ active Reklemel™ active NA, LA, EMEA, AP 1 2019 anticipated launch in Brazil pending applicable regulatory approvals; previously launched in other markets beginning 2012. Launches pending applicable regulatory approvals. Agriculture Division of DowDuPont 67

Highlights Est. Launch 2019 Targeting sales of >$275MM in 2023 • Differentiation: • Novel fungicide for the management of key diseases in wheat (Septoria), other cereals and banana (black Sigatoka) • New naturally derived fungicide with good safety profile and high efficacy at low use rates • New tool to help manage resistance to other chemistries, no cross resistance to existing chemistries • Favorable toxicological profile • Key Crops: Cereals, fruit and vegetables Note: Pending applicable regulatory reviews. Agriculture Division of DowDuPont 68Highlights Est. Launch 2019 Targeting sales of >$275MM in 2023 • Differentiation: • Novel fungicide for the management of key diseases in wheat (Septoria), other cereals and banana (black Sigatoka) • New naturally derived fungicide with good safety profile and high efficacy at low use rates • New tool to help manage resistance to other chemistries, no cross resistance to existing chemistries • Favorable toxicological profile • Key Crops: Cereals, fruit and vegetables Note: Pending applicable regulatory reviews. Agriculture Division of DowDuPont 68

Highlights Est. Launch 2021 Targeting peak sales of >$200 MM in 2028 • Differentiation: • Novel sulfonamide nematicide with a unique mode of action against plant- parasitic nematodes, different from other nematicides on the market • True nematicide (no insecticidal or fungicidal activity) making it a highly- effective nematode control solution with a more favorable environmental and toxicological profile than conventional treatments • Protects crop roots without compromising beneficial arthropods, pollinators and other organisms that provide useful functions in the crop root zone. • Core component of integrated nematode management programs offered by Corteva Agriscience™ • Key Crops: Fruits, vegetables and root vegetables, soybean, sugarcane and others Note: Pending applicable regulatory reviews. Agriculture Division of DowDuPont 69Highlights Est. Launch 2021 Targeting peak sales of >$200 MM in 2028 • Differentiation: • Novel sulfonamide nematicide with a unique mode of action against plant- parasitic nematodes, different from other nematicides on the market • True nematicide (no insecticidal or fungicidal activity) making it a highly- effective nematode control solution with a more favorable environmental and toxicological profile than conventional treatments • Protects crop roots without compromising beneficial arthropods, pollinators and other organisms that provide useful functions in the crop root zone. • Core component of integrated nematode management programs offered by Corteva Agriscience™ • Key Crops: Fruits, vegetables and root vegetables, soybean, sugarcane and others Note: Pending applicable regulatory reviews. Agriculture Division of DowDuPont 69

Highlights Est. Launch 2023 Targeting peak sales of >$600 MM in 2030 • Differentiation: • Novel mode-of-action for targeted pathogens outside of cereals • Controls a wide range of pathogens including Septoria spp, Powdery Mildews, Botrytis spp, Anthracnose, Alternaria, Scab, Monilinia and others • Delivers effective control on many crops grown globally, including cereals, grape vines, fruits, tree nuts and vegetables • Offers applications which span multiple growth stages for improved efficiency • First active ingredient to be released from Corteva Agriscience and our R&D pipeline • Key Crops: Cereals, vegetables, fruits, grape vines and tree nuts Note: Pending applicable regulatory reviews. Agriculture Division of DowDuPont 70Highlights Est. Launch 2023 Targeting peak sales of >$600 MM in 2030 • Differentiation: • Novel mode-of-action for targeted pathogens outside of cereals • Controls a wide range of pathogens including Septoria spp, Powdery Mildews, Botrytis spp, Anthracnose, Alternaria, Scab, Monilinia and others • Delivers effective control on many crops grown globally, including cereals, grape vines, fruits, tree nuts and vegetables • Offers applications which span multiple growth stages for improved efficiency • First active ingredient to be released from Corteva Agriscience and our R&D pipeline • Key Crops: Cereals, vegetables, fruits, grape vines and tree nuts Note: Pending applicable regulatory reviews. Agriculture Division of DowDuPont 70

Shaping the Portfolio of the Future Driving a best-owner mindset & disciplined portfolio management focus Portfolio Cross Organic Acquisitions Rationalization Licensing Growth* 2023E CP Sales Vision* 2018 CP Sales Patented Patented 14% 34% Off-Patent Off-Patent 76% 50% Differentiated Differentiated 10% 16% Source: Internal analysis. Crop protection sales are for FY2018 Agriculture division of DWDP. . *Estimated *Organic sales growth is defined as price and volume, excluding currency and portfolio impact. Agriculture Division of DowDuPont 71Shaping the Portfolio of the Future Driving a best-owner mindset & disciplined portfolio management focus Portfolio Cross Organic Acquisitions Rationalization Licensing Growth* 2023E CP Sales Vision* 2018 CP Sales Patented Patented 14% 34% Off-Patent Off-Patent 76% 50% Differentiated Differentiated 10% 16% Source: Internal analysis. Crop protection sales are for FY2018 Agriculture division of DWDP. . *Estimated *Organic sales growth is defined as price and volume, excluding currency and portfolio impact. Agriculture Division of DowDuPont 71

Delivering Competitive Cost Advantages Focus on increasing return on invested capital and accelerating cost synergy delivery Manufacturing Working Capital Cost Synergies Asset Strategies Improvement Meet or exceed cost- Focus on CapEx ROI Inventory Optimization synergy targets Agriculture Division of DowDuPont 72Delivering Competitive Cost Advantages Focus on increasing return on invested capital and accelerating cost synergy delivery Manufacturing Working Capital Cost Synergies Asset Strategies Improvement Meet or exceed cost- Focus on CapEx ROI Inventory Optimization synergy targets Agriculture Division of DowDuPont 72

Business Platform Overview Sid Gorham, President, Digital Business PlatformBusiness Platform Overview Sid Gorham, President, Digital Business Platform

Digital Business Platform: Value to Corteva Agriscience™ Software Sales New Business Business Enablement Models SaaS (Software-as-a- Software to make Corteva Software to make Corteva Service) for farmers, channel more efficient and products more effective branded Granular effective and unlocks new business models Agriculture Division of DowDuPont 74Digital Business Platform: Value to Corteva Agriscience™ Software Sales New Business Business Enablement Models SaaS (Software-as-a- Software to make Corteva Software to make Corteva Service) for farmers, channel more efficient and products more effective branded Granular effective and unlocks new business models Agriculture Division of DowDuPont 74

Value to Farmers Operational, financial and Online collaboration Improve profitability agronomic data between farm and with data-driven in one place trusted partners decisions DATA MANAGEMENT COLLABORATION DECISION MAKING Agriculture Division of DowDuPont 75Value to Farmers Operational, financial and Online collaboration Improve profitability agronomic data between farm and with data-driven in one place trusted partners decisions DATA MANAGEMENT COLLABORATION DECISION MAKING Agriculture Division of DowDuPont 75

How We Will Win… Innovative Software Products • Covering whole farm business • Powerful but simple to use • Connected to Corteva Agriscience™ & industry partners Leveraging Corteva Scale • Global cross-sell with seed and crop protection • Science-driven models with R&D Agriculture Division of DowDuPont 76How We Will Win… Innovative Software Products • Covering whole farm business • Powerful but simple to use • Connected to Corteva Agriscience™ & industry partners Leveraging Corteva Scale • Global cross-sell with seed and crop protection • Science-driven models with R&D Agriculture Division of DowDuPont 76

Covering Whole Farm Business Premium Farm business Science-driven management agronomy recommendations Quick insights into financial and Farmland research agronomic performance and valuation Free Agriculture Division of DowDuPont 77Covering Whole Farm Business Premium Farm business Science-driven management agronomy recommendations Quick insights into financial and Farmland research agronomic performance and valuation Free Agriculture Division of DowDuPont 77

Powerful but Simple to Use • Easy from mobile, tablet & web • Role based collaboration tools • Automated data import • Decision support not decision making Agriculture Division of DowDuPont 78Powerful but Simple to Use • Easy from mobile, tablet & web • Role based collaboration tools • Automated data import • Decision support not decision making Agriculture Division of DowDuPont 78

Connected to Corteva and Partners Shared Components Open API Framework Partner applications Corteva applications Agriculture Division of DowDuPont 79Connected to Corteva and Partners Shared Components Open API Framework Partner applications Corteva applications Agriculture Division of DowDuPont 79

Digital Business Platform: Value to Corteva Agriscience™ Software Sales New Business Business Enablement Models SaaS (Software-as-a- Software to make Corteva Software to make Corteva Service) for farmers, channel more efficient and products more effective branded Granular effective and unlocks new business models Agriculture Division of DowDuPont 80Digital Business Platform: Value to Corteva Agriscience™ Software Sales New Business Business Enablement Models SaaS (Software-as-a- Software to make Corteva Software to make Corteva Service) for farmers, channel more efficient and products more effective branded Granular effective and unlocks new business models Agriculture Division of DowDuPont 80

IT/ERP Update Debra King, SVP, Chief Information Officer IT/ERP Update Debra King, SVP, Chief Information Officer

Enterprise Digitization Strategy to Drive Value- Creation for Business and Customers Internally Externally Pipeline Customer Enterprise Innovation Software 1 ›Automation, data science and ›Enterprise strategy & applications ›SaaS through Granular digital tools in R&D ›Process automation Customer experience Costs ›Data-driven decision-making Farmer profitability Accuracy Customer experience Standalone revenue Speed of new product Cross-selling opportunities Cross-selling opportunities introduction Costs ERP Platform Foundational to Enterprise Digitization Strategy 1 “Software as a service” Agriculture Division of DowDuPont 82Enterprise Digitization Strategy to Drive Value- Creation for Business and Customers Internally Externally Pipeline Customer Enterprise Innovation Software 1 ›Automation, data science and ›Enterprise strategy & applications ›SaaS through Granular digital tools in R&D ›Process automation Customer experience Costs ›Data-driven decision-making Farmer profitability Accuracy Customer experience Standalone revenue Speed of new product Cross-selling opportunities Cross-selling opportunities introduction Costs ERP Platform Foundational to Enterprise Digitization Strategy 1 “Software as a service” Agriculture Division of DowDuPont 82

Shaping Corteva’s Future IT Priorities Aligned to Business Objectives Spin and Operate Integrate Digitize Grow Our People Prepare to operate as an Bring three Drive market leadership IT Workforce for independent company businesses together through enterprise digitization Corteva’s Future Establish an independent, Consolidate systems, Create a data-driven, Build a highly skilled, operationally excellent, simplify operations and automated enterprise diverse, engaged team to secure IT environment processes with the customer at the deliver on Corteva’s center priorities Agriculture Division of DowDuPont 83Shaping Corteva’s Future IT Priorities Aligned to Business Objectives Spin and Operate Integrate Digitize Grow Our People Prepare to operate as an Bring three Drive market leadership IT Workforce for independent company businesses together through enterprise digitization Corteva’s Future Establish an independent, Consolidate systems, Create a data-driven, Build a highly skilled, operationally excellent, simplify operations and automated enterprise diverse, engaged team to secure IT environment processes with the customer at the deliver on Corteva’s center priorities Agriculture Division of DowDuPont 83

Future ERP Platform to Drive Simplified Business Operations One ERP Platform 3 heritage businesses DuPont | Pioneer | DAS Simplified, standardized business operating environment 2 Heritage platforms Seed | Crop Protection Holistic customer experience Multiple ERP systems Foundation for continuous • Highly customized processes productivity, innovation and • Disparate customer experiences competitive advantage • Limited reporting & analytics capability • Complex technology landscape Agriculture Division of DowDuPont 84Future ERP Platform to Drive Simplified Business Operations One ERP Platform 3 heritage businesses DuPont | Pioneer | DAS Simplified, standardized business operating environment 2 Heritage platforms Seed | Crop Protection Holistic customer experience Multiple ERP systems Foundation for continuous • Highly customized processes productivity, innovation and • Disparate customer experiences competitive advantage • Limited reporting & analytics capability • Complex technology landscape Agriculture Division of DowDuPont 84

ERP To Deliver Significant Value Process Automation & Data-Driven Decision-Making Procurement Spending Supply Chain COGS Manufacturing Operating Cost Commercial Sales & Customer Satisfaction Driving Efficiency and Increased Customer Value Agriculture Division of DowDuPont 85ERP To Deliver Significant Value Process Automation & Data-Driven Decision-Making Procurement Spending Supply Chain COGS Manufacturing Operating Cost Commercial Sales & Customer Satisfaction Driving Efficiency and Increased Customer Value Agriculture Division of DowDuPont 85

Phased Approach Enables Business Continuity and Results 2019 2020 2020 - 2021 2022+ 1Q 2020 First Module Global Deployment ERP Foundation Program Strategy, Delivered Design and Early • All modules delivered • All modules deployed Savings benefits begin Wins in a phased approach globally in late 2020, with • Retirement of heritage • Heritage ERP systems continuous benefits ERP systems begins fully retired Digitization to Deliver Value in Parallel with ERP Deployments Accelerated Manufacturing EBITDA ERP Program inventory savings cost reductions improvements to Deliver Agriculture Division of DowDuPont 86Phased Approach Enables Business Continuity and Results 2019 2020 2020 - 2021 2022+ 1Q 2020 First Module Global Deployment ERP Foundation Program Strategy, Delivered Design and Early • All modules delivered • All modules deployed Savings benefits begin Wins in a phased approach globally in late 2020, with • Retirement of heritage • Heritage ERP systems continuous benefits ERP systems begins fully retired Digitization to Deliver Value in Parallel with ERP Deployments Accelerated Manufacturing EBITDA ERP Program inventory savings cost reductions improvements to Deliver Agriculture Division of DowDuPont 86

Enterprise Digitization to Further Drive Efficiencies and Growth Digital Capabilities Voice enabled Personalized messages and Robotic chat in real time Big Data alerts Process Automation Virtual & AI & Augmented Machine Reality Supply chain and Learning Video chat order tracking and virtual transparency Blockchain reality tools ERP Enterprise Foundation Agriculture Division of DowDuPont 87Enterprise Digitization to Further Drive Efficiencies and Growth Digital Capabilities Voice enabled Personalized messages and Robotic chat in real time Big Data alerts Process Automation Virtual & AI & Augmented Machine Reality Supply chain and Learning Video chat order tracking and virtual transparency Blockchain reality tools ERP Enterprise Foundation Agriculture Division of DowDuPont 87

Data-Driven Applications Enable Business and Customer Value Artificial Intelligence Cross-selling App and Blockchain • Beta launch of mobile tool focused on driving top-line Royalties Management revenue by • Leverage AI to manage royalty income Document and expenses • Unlocking insights Intelligence from integrated data • Enable increased data validation, Machine • Strengthening tracking and processing capabilities Learning customer relationships and experience Anti-Counterfeit • Drive continued product integrity and authentication throughout the value chain • Optimize brand protection Smart Contracts • Enable enforcement on violations Blockchain • Improve collaboration Agriculture Division of DowDuPont 88 Dashboard Screen Location ScreenData-Driven Applications Enable Business and Customer Value Artificial Intelligence Cross-selling App and Blockchain • Beta launch of mobile tool focused on driving top-line Royalties Management revenue by • Leverage AI to manage royalty income Document and expenses • Unlocking insights Intelligence from integrated data • Enable increased data validation, Machine • Strengthening tracking and processing capabilities Learning customer relationships and experience Anti-Counterfeit • Drive continued product integrity and authentication throughout the value chain • Optimize brand protection Smart Contracts • Enable enforcement on violations Blockchain • Improve collaboration Agriculture Division of DowDuPont 88 Dashboard Screen Location Screen

R&D Overview Neal Gutterson, SVP, Chief Technology OfficerR&D Overview Neal Gutterson, SVP, Chief Technology Officer

Our R&D Innovation Principles Market driven Disciplined & accountable Global yet local Built to differentiate Focused on productivity Agriculture Division of DowDuPont 90Our R&D Innovation Principles Market driven Disciplined & accountable Global yet local Built to differentiate Focused on productivity Agriculture Division of DowDuPont 90

Differentiated, Market-Driven Innovation ü Increase profitability, performance and simplicity for our customers ü Anticipate and meet consumer expectations/preferences ü Proactively develop solutions with extended durability ü Anticipate and solve evolving environmental or regulatory concerns Agriculture Division of DowDuPont 91Differentiated, Market-Driven Innovation ü Increase profitability, performance and simplicity for our customers ü Anticipate and meet consumer expectations/preferences ü Proactively develop solutions with extended durability ü Anticipate and solve evolving environmental or regulatory concerns Agriculture Division of DowDuPont 91

Business-Driven Innovation Business Platforms Seed Crop Protection Digital Innovation Priorities Disruptive Business Opportunities Agriculture Division of DowDuPont 92Business-Driven Innovation Business Platforms Seed Crop Protection Digital Innovation Priorities Disruptive Business Opportunities Agriculture Division of DowDuPont 92

Disciplined and Accountable: Structure Functions of GIIF Global Innovation › Strategic alignment across categories Investment Forum (GIIF) › Capital and resource allocation among categories Crop Protection Seeds Portfolio Digital Portfolio Disruptive Portfolio Portfolio Composition of portfolio teams: Functions of portfolio teams: › Portfolio and platform leadership › Portfolio prioritization › R&D leadership › Governance › Project managers › Project funding/resourcing Agriculture Division of DowDuPont 93Disciplined and Accountable: Structure Functions of GIIF Global Innovation › Strategic alignment across categories Investment Forum (GIIF) › Capital and resource allocation among categories Crop Protection Seeds Portfolio Digital Portfolio Disruptive Portfolio Portfolio Composition of portfolio teams: Functions of portfolio teams: › Portfolio and platform leadership › Portfolio prioritization › R&D leadership › Governance › Project managers › Project funding/resourcing Agriculture Division of DowDuPont 93

Disciplined and Accountable: Process Product Program Governance Development Management Discipline Seed & Traits Stages and Gates Advance Crop Protection Delay Digital Terminate & Reallocate Learning Model Disruptive Business Innovations Agriculture Division of DowDuPont 94Disciplined and Accountable: Process Product Program Governance Development Management Discipline Seed & Traits Stages and Gates Advance Crop Protection Delay Digital Terminate & Reallocate Learning Model Disruptive Business Innovations Agriculture Division of DowDuPont 94

Proof Point: Innovation Pipeline Advancements in 2018 Crop Protection and Seed and Trait 1 1 1 3 5 0 2 3 4 6 1 7 2 Operate 2 2 Existing Ramp-up CP 1 Launch Pre-Launch Development Pre- Seed and Development Proof of Trait Lead Concept Identification Agriculture Division of DowDuPont 95Proof Point: Innovation Pipeline Advancements in 2018 Crop Protection and Seed and Trait 1 1 1 3 5 0 2 3 4 6 1 7 2 Operate 2 2 Existing Ramp-up CP 1 Launch Pre-Launch Development Pre- Seed and Development Proof of Trait Lead Concept Identification Agriculture Division of DowDuPont 95

stations Global Yet Local: Effectiveness and Efficiency Global Scale Local Application Results › State-of-the-art research › 150+ R&D facilities in 32 › Business connectivity at hubs countries all levels › Localized farmer and › Best-in-class infrastructure consumer insights › Regional lab network › Industry-leading synthetic › Early issue identification and formulation chemistry expertise› Solutions tailored for › Multi-platform research local environment centers › Leading-edge genomic › Greater ability to identify expertise, data analytics cross-platform › Local partnerships and opportunities collaborations › In-country testing Agriculture Division of DowDuPont 96stations Global Yet Local: Effectiveness and Efficiency Global Scale Local Application Results › State-of-the-art research › 150+ R&D facilities in 32 › Business connectivity at hubs countries all levels › Localized farmer and › Best-in-class infrastructure consumer insights › Regional lab network › Industry-leading synthetic › Early issue identification and formulation chemistry expertise› Solutions tailored for › Multi-platform research local environment centers › Leading-edge genomic › Greater ability to identify expertise, data analytics cross-platform › Local partnerships and opportunities collaborations › In-country testing Agriculture Division of DowDuPont 96

Industry-Leading R&D Capabilities Seed Focus Crop Protection Focus Genomics & Biotech Advanced Data Science Chemistry Formulation Natural Breeding Phenotyping Discovery & Process Products Systems Chemistry Digital Agriculture Division of DowDuPont 97Industry-Leading R&D Capabilities Seed Focus Crop Protection Focus Genomics & Biotech Advanced Data Science Chemistry Formulation Natural Breeding Phenotyping Discovery & Process Products Systems Chemistry Digital Agriculture Division of DowDuPont 97

Diverse Innovation Relationships Agriculture Division of DowDuPont 98Diverse Innovation Relationships Agriculture Division of DowDuPont 98

Built to Differentiate: Sources of Value for Farmers IN THE SEED Breeding Biotech ON THE FARM Crop Digital / Protection Agronomy ON THE SEED Seed-Applied Technology Agriculture Division of DowDuPont 99Built to Differentiate: Sources of Value for Farmers IN THE SEED Breeding Biotech ON THE FARM Crop Digital / Protection Agronomy ON THE SEED Seed-Applied Technology Agriculture Division of DowDuPont 99

Built to Differentiate: Our Germplasm Advantage Digital Breeding Systems Cutting-edge Assessment Tools Greenhouse and field automation Population genomics Advanced phenotyping & analytics Agriculture Division of DowDuPont 100Built to Differentiate: Our Germplasm Advantage Digital Breeding Systems Cutting-edge Assessment Tools Greenhouse and field automation Population genomics Advanced phenotyping & analytics Agriculture Division of DowDuPont 100

Proof Point: Sustained Pipeline of Trait Innovation Near- to Mid-Term Long-Term Corn: › New MOA Lepidopteran Protection Below III › New MOA Lepidopteran Protection Below IV › Multiple Mode Herbicide Tolerance Soy: › Plenish® High Oleic Soybeans with MMHT › Multiple Mode Herbicide Tolerance II › New MOA Lepidopteran Protection › Asian Soybean Rust Resistance Actives: › Robust set of actives in early stage discovery Note: Pending applicable regulatory reviews. Agriculture Division of DowDuPont 101Proof Point: Sustained Pipeline of Trait Innovation Near- to Mid-Term Long-Term Corn: › New MOA Lepidopteran Protection Below III › New MOA Lepidopteran Protection Below IV › Multiple Mode Herbicide Tolerance Soy: › Plenish® High Oleic Soybeans with MMHT › Multiple Mode Herbicide Tolerance II › New MOA Lepidopteran Protection › Asian Soybean Rust Resistance Actives: › Robust set of actives in early stage discovery Note: Pending applicable regulatory reviews. Agriculture Division of DowDuPont 101

Built to Differentiate: Targeted Breeding Potential product benefits › Disease Resistance › Output Traits › Yield and Yield Stability Broadest CRISPR patent Near-term product to market estate in the agriculture Waxy corn hybrids industry › Increased yield Next product in pipeline High oleic – low linoleic soybean › Healthier › Greater stability for processors Agriculture Division of DowDuPont 102Built to Differentiate: Targeted Breeding Potential product benefits › Disease Resistance › Output Traits › Yield and Yield Stability Broadest CRISPR patent Near-term product to market estate in the agriculture Waxy corn hybrids industry › Increased yield Next product in pipeline High oleic – low linoleic soybean › Healthier › Greater stability for processors Agriculture Division of DowDuPont 102

Built to Differentiate: Natural and Naturally Derived Products Expanding our leadership position in green solutions Innovating three 3rd- generations of generation actives from one solution natural product 2019 Expected Launch: 2023: Expanded use in New mode of action for variety of fruits and addressing Asian › Cereal crops in vegetables globally, Soybean Rust Europe including cereals, › Bananas in various vines, fruits, nuts and markets vegetables Note: Pending regulatory approvals Agriculture Division of DowDuPont 103Built to Differentiate: Natural and Naturally Derived Products Expanding our leadership position in green solutions Innovating three 3rd- generations of generation actives from one solution natural product 2019 Expected Launch: 2023: Expanded use in New mode of action for variety of fruits and addressing Asian › Cereal crops in vegetables globally, Soybean Rust Europe including cereals, › Bananas in various vines, fruits, nuts and markets vegetables Note: Pending regulatory approvals Agriculture Division of DowDuPont 103

Built to Differentiate: Cross-Platform Solutions Paving way for extended value capture Integrated solutions for Asian Soybean Rust (ASR) Chemistry Digital ~ Estimated $2B / year opportunity in Brazil alone Transgenic Native Trait Trait Agriculture Division of DowDuPont 104Built to Differentiate: Cross-Platform Solutions Paving way for extended value capture Integrated solutions for Asian Soybean Rust (ASR) Chemistry Digital ~ Estimated $2B / year opportunity in Brazil alone Transgenic Native Trait Trait Agriculture Division of DowDuPont 104

Corteva Agriscience™ is a Digital Company Internally Externally Customer R&D Enterprise Software 1 ›Automation, data science and ›Enterprise strategy & applications ›SaaS through Granular digital tools in R&D ›Process automation Customer experience Costs ›Data-driven decision-making Farmer profitability Accuracy Customer experience Standalone revenue Speed of new product Cross-selling opportunities Cross-selling opportunities introduction Costs Corteva Digital Strategy Focused on Driving Greater Efficiency and Increased Customer Value 1 “Software as a service” Agriculture Division of DowDuPont 105Corteva Agriscience™ is a Digital Company Internally Externally Customer R&D Enterprise Software 1 ›Automation, data science and ›Enterprise strategy & applications ›SaaS through Granular digital tools in R&D ›Process automation Customer experience Costs ›Data-driven decision-making Farmer profitability Accuracy Customer experience Standalone revenue Speed of new product Cross-selling opportunities Cross-selling opportunities introduction Costs Corteva Digital Strategy Focused on Driving Greater Efficiency and Increased Customer Value 1 “Software as a service” Agriculture Division of DowDuPont 105

Built to Differentiate: Digital R&D Enhanced Research Outcomes Smarter, Simpler Farmer Solutions Sample Research Tools › Granular Tools › Crop Health Index › Molecular characterization › Crop Modeling › High-resolution phenotyping › Mobile Ear Photometry › Predictive analytics and breeding › Remoting sensing › Multipurpose Customer Tools › Drone Software › Scale› Data-driven › Actionable data › Data and result decision making› Integrated data quality› Speed of product › Decision support › Cost reduction development › Prediction Improved insights leading to more successful outcomes Agriculture Division of DowDuPont 106Built to Differentiate: Digital R&D Enhanced Research Outcomes Smarter, Simpler Farmer Solutions Sample Research Tools › Granular Tools › Crop Health Index › Molecular characterization › Crop Modeling › High-resolution phenotyping › Mobile Ear Photometry › Predictive analytics and breeding › Remoting sensing › Multipurpose Customer Tools › Drone Software › Scale› Data-driven › Actionable data › Data and result decision making› Integrated data quality› Speed of product › Decision support › Cost reduction development › Prediction Improved insights leading to more successful outcomes Agriculture Division of DowDuPont 106

Focused on Productivity: Internal Efficiencies and Quality Improvements High throughput sequencing Genomics data analysis Year No of days Cost Year Data points Per unit cost 2016 180 $142K 2007 28.8MM $ .35 2017 21 $ 55K 2017 700MM $ .05 2018 9 $ 35K High throughput screening Field analytics Year Plates/week Data points 2014 2016 2018 2010 25-50 2.5K-5K Flights 126 1,519 12,807 2014 100-150 60K-90K Countries 1 8 15 2016 200-250 180K-225K Crops 1 5 9 2018 400-500 360K-450K Plots (MM) 0.5 6.1 51 Agriculture Division of DowDuPont 107Focused on Productivity: Internal Efficiencies and Quality Improvements High throughput sequencing Genomics data analysis Year No of days Cost Year Data points Per unit cost 2016 180 $142K 2007 28.8MM $ .35 2017 21 $ 55K 2017 700MM $ .05 2018 9 $ 35K High throughput screening Field analytics Year Plates/week Data points 2014 2016 2018 2010 25-50 2.5K-5K Flights 126 1,519 12,807 2014 100-150 60K-90K Countries 1 8 15 2016 200-250 180K-225K Crops 1 5 9 2018 400-500 360K-450K Plots (MM) 0.5 6.1 51 Agriculture Division of DowDuPont 107

R&D Innovation Principles Market driven Disciplined & accountable Global yet local Built to differentiate Focused on productivity Agriculture Division of DowDuPont 108R&D Innovation Principles Market driven Disciplined & accountable Global yet local Built to differentiate Focused on productivity Agriculture Division of DowDuPont 108

Q&A Agriculture Division of DowDuPont 17 Insert Risk ClassificationQ&A Agriculture Division of DowDuPont 17 Insert Risk Classification

Corteva is Positioned to Deliver Shareholder Value Market and Innovative pipeline channel presence Margin expansion Balanced portfolio Above market Best team growth Agriculture Division of DowDuPont 110Corteva is Positioned to Deliver Shareholder Value Market and Innovative pipeline channel presence Margin expansion Balanced portfolio Above market Best team growth Agriculture Division of DowDuPont 110

James C. Collins, Jr. will be the chief executive officer of Corteva. He was previously chief operating officer for the Agriculture Division of DowDuPont. Prior to the DowDuPont merger, he was an executive vice president at DuPont responsible for the company’s Agriculture segment, including DuPont Crop Protection and Pioneer. Over the past year, he has led the integration of Dow AgroSciences into the division, making Corteva a leading pure-play agriculture business offering a comprehensive, balanced and diverse seed, crop protection and digital service solutions portfolio with a focus on helping farmers maximize the value of their investment through high-performing genetics and effective science-based solutions. Since the DowDuPont merger, Mr. Collins has worked with the division’s leadership to put in place the foundation that will drive Corteva’s top and bottom line performance into the future, while delivering cost synergies. This includes introducing a variety of new products from its significant innovation pipeline, successfully launching its new multi-channel, multi-brand growth strategy, and establishing a best-in-class cost structure. Mr. Collins joined DuPont in 1984 and has served in a variety of roles supporting and leading DuPont businesses. His work in the Agriculture segment began about 35 years ago, as a sales representative and product manager, and he subsequently served in a variety of roles supporting DuPont’s seed and crop protection businesses around the world. Prior to leading the Agriculture segment, a role he took in 2016, Mr. Collins spent the previous three years leading two of Jim Collins DuPont’s other large business segments, Performance Materials and Electronics & Communications. Chief Executive Officer Mr. Collins has a bachelor’s degree of science in Chemical Engineering from Christian Brothers College and an MBA from the University of Delaware. Agriculture Division of DowDuPont 111James C. Collins, Jr. will be the chief executive officer of Corteva. He was previously chief operating officer for the Agriculture Division of DowDuPont. Prior to the DowDuPont merger, he was an executive vice president at DuPont responsible for the company’s Agriculture segment, including DuPont Crop Protection and Pioneer. Over the past year, he has led the integration of Dow AgroSciences into the division, making Corteva a leading pure-play agriculture business offering a comprehensive, balanced and diverse seed, crop protection and digital service solutions portfolio with a focus on helping farmers maximize the value of their investment through high-performing genetics and effective science-based solutions. Since the DowDuPont merger, Mr. Collins has worked with the division’s leadership to put in place the foundation that will drive Corteva’s top and bottom line performance into the future, while delivering cost synergies. This includes introducing a variety of new products from its significant innovation pipeline, successfully launching its new multi-channel, multi-brand growth strategy, and establishing a best-in-class cost structure. Mr. Collins joined DuPont in 1984 and has served in a variety of roles supporting and leading DuPont businesses. His work in the Agriculture segment began about 35 years ago, as a sales representative and product manager, and he subsequently served in a variety of roles supporting DuPont’s seed and crop protection businesses around the world. Prior to leading the Agriculture segment, a role he took in 2016, Mr. Collins spent the previous three years leading two of Jim Collins DuPont’s other large business segments, Performance Materials and Electronics & Communications. Chief Executive Officer Mr. Collins has a bachelor’s degree of science in Chemical Engineering from Christian Brothers College and an MBA from the University of Delaware. Agriculture Division of DowDuPont 111

Greg Friedman will be executive vice president, chief financial officer, of Corteva Agriscience™. Prior to this appointment, Mr. Friedman served as the vice president, Investor Relations for DuPont and currently leads the finance organization for the Agriculture Division of DowDuPont. Mr. Friedman has worked with company’s leadership since the close of the DowDuPont merger to instill a disciplined culture focused on accelerating cost competitiveness and growth. This has included establishing a capital structure for the future company reflective of its commitment to shareholder value – and strengthening an approach to innovation investment that prioritizes returns and maximizes productivity for the business and its customers. Mr. Friedman joined DuPont in 2001 as chief financial officer of an electronics joint venture. Since this time and throughout his nearly 30-year career, he has supported and led business growth through a variety of divisional and enterprise finance roles. His background spans a number of consumer-focused industry sectors, and has included more than a decade in Agriculture. In DuPont, Mr. Friedman has led financial risk management and cash operations as assistant treasurer, served as chief financial officer of DuPont Pioneer, and – prior to his appointment to vice president Investor Relations – served as DuPont general auditor and chief ethics & compliance leader. Greg Friedman Mr. Friedman earned an MBA from the Anderson School of Management at the University of Executive Vice California, Los Angeles, and earned a Bachelor of Science in Accounting from the University of Southern California. Mr. Friedman is a certified public accountant (inactive). President Chief Financial Officer Agriculture Division of DowDuPont 112Greg Friedman will be executive vice president, chief financial officer, of Corteva Agriscience™. Prior to this appointment, Mr. Friedman served as the vice president, Investor Relations for DuPont and currently leads the finance organization for the Agriculture Division of DowDuPont. Mr. Friedman has worked with company’s leadership since the close of the DowDuPont merger to instill a disciplined culture focused on accelerating cost competitiveness and growth. This has included establishing a capital structure for the future company reflective of its commitment to shareholder value – and strengthening an approach to innovation investment that prioritizes returns and maximizes productivity for the business and its customers. Mr. Friedman joined DuPont in 2001 as chief financial officer of an electronics joint venture. Since this time and throughout his nearly 30-year career, he has supported and led business growth through a variety of divisional and enterprise finance roles. His background spans a number of consumer-focused industry sectors, and has included more than a decade in Agriculture. In DuPont, Mr. Friedman has led financial risk management and cash operations as assistant treasurer, served as chief financial officer of DuPont Pioneer, and – prior to his appointment to vice president Investor Relations – served as DuPont general auditor and chief ethics & compliance leader. Greg Friedman Mr. Friedman earned an MBA from the Anderson School of Management at the University of Executive Vice California, Los Angeles, and earned a Bachelor of Science in Accounting from the University of Southern California. Mr. Friedman is a certified public accountant (inactive). President Chief Financial Officer Agriculture Division of DowDuPont 112

Rajan Gajaria is Executive Vice President, Business Platforms, for Corteva Agriscience™, Agriculture Division of DowDuPont. Mr. Gajaria is responsible for shaping the global business strategy, defining capital and R&D investment priorities, as well as overseeing the supply chain for Corteva Agriscience Crop Protection products and Seed business around the world. Most recently, he served as Vice President, Crop Protection Business Platform. His career spans several decades, continents and functions as he helps build the business and advocate for modern agriculture. Mr. Gajaria originally joined Dow AgroSciences’ Indian joint venture partner in Mumbai. He served in sales and marketing roles as well as in human resources before moving to the company’s global headquarters in Indianapolis, Indiana. He advanced through leadership roles in corporate strategy, marketing, and e-business before serving as Global Supply Chain Director. He was named Marketing Director for the company’s U.S. business before being tapped to lead Latin America and Asia Pacific geographies. Before the DowDuPont merger, he served as Vice President, Latin America and North America, for Dow AgroSciences. Mr. Gajaria earned a bachelor’s degree in electrical engineering from the University of Bombay Rajan Gajaria in Mumbai, India, and a master’s degree from the Indian Institute of Management in Lucknow, India. He is certified as a Six Sigma Black Belt and is a graduate of the Executive Development Executive Vice Program at Babson College in Wellesley, Massachusetts. President, Business Platforms Agriculture Division of DowDuPont 113Rajan Gajaria is Executive Vice President, Business Platforms, for Corteva Agriscience™, Agriculture Division of DowDuPont. Mr. Gajaria is responsible for shaping the global business strategy, defining capital and R&D investment priorities, as well as overseeing the supply chain for Corteva Agriscience Crop Protection products and Seed business around the world. Most recently, he served as Vice President, Crop Protection Business Platform. His career spans several decades, continents and functions as he helps build the business and advocate for modern agriculture. Mr. Gajaria originally joined Dow AgroSciences’ Indian joint venture partner in Mumbai. He served in sales and marketing roles as well as in human resources before moving to the company’s global headquarters in Indianapolis, Indiana. He advanced through leadership roles in corporate strategy, marketing, and e-business before serving as Global Supply Chain Director. He was named Marketing Director for the company’s U.S. business before being tapped to lead Latin America and Asia Pacific geographies. Before the DowDuPont merger, he served as Vice President, Latin America and North America, for Dow AgroSciences. Mr. Gajaria earned a bachelor’s degree in electrical engineering from the University of Bombay Rajan Gajaria in Mumbai, India, and a master’s degree from the Indian Institute of Management in Lucknow, India. He is certified as a Six Sigma Black Belt and is a graduate of the Executive Development Executive Vice Program at Babson College in Wellesley, Massachusetts. President, Business Platforms Agriculture Division of DowDuPont 113

Tim Glenn is Executive Vice President, Chief Commercial Officer of Corteva Agriscience™, Agriculture Division of DowDuPont. Mr. Glenn leads the global commercial organization, which has six commercial regions – Asia Pacific, Latin America, Africa & Middle East, Europe, U.S. and Canada – and the Global Commercial Effectiveness function. Most recently, he served as Vice President, Global Seed Business Platform for Corteva Agriscience. Mr. Glenn joined Pioneer Hi-Bred in 1991, and held a variety of marketing roles working in seed markets around the world. In 1997, he joined Dow AgroSciences as Corn Product Manager, Mycogen Seeds, and served in key sales and business leadership roles in the Crop Protection and Seeds businesses of Dow AgroSciences. He rejoined Pioneer in 2006 as Director, North America Marketing. He held other leadership positions including Regional Business Director, Latin America and Canada; Vice President, Integrated Operations and Commercial Effectiveness for the DuPont Pioneer business. In 2015, he was appointed President, DuPont Crop Protection. Tim Glenn Executive Vice Mr. Glenn earned his Bachelor of Science from Iowa State University, College of Agriculture, and a Master of Business Administration from Santa Clara University Leavey School of Business. President, Chief Commercial Officer Agriculture Division of DowDuPont 114Tim Glenn is Executive Vice President, Chief Commercial Officer of Corteva Agriscience™, Agriculture Division of DowDuPont. Mr. Glenn leads the global commercial organization, which has six commercial regions – Asia Pacific, Latin America, Africa & Middle East, Europe, U.S. and Canada – and the Global Commercial Effectiveness function. Most recently, he served as Vice President, Global Seed Business Platform for Corteva Agriscience. Mr. Glenn joined Pioneer Hi-Bred in 1991, and held a variety of marketing roles working in seed markets around the world. In 1997, he joined Dow AgroSciences as Corn Product Manager, Mycogen Seeds, and served in key sales and business leadership roles in the Crop Protection and Seeds businesses of Dow AgroSciences. He rejoined Pioneer in 2006 as Director, North America Marketing. He held other leadership positions including Regional Business Director, Latin America and Canada; Vice President, Integrated Operations and Commercial Effectiveness for the DuPont Pioneer business. In 2015, he was appointed President, DuPont Crop Protection. Tim Glenn Executive Vice Mr. Glenn earned his Bachelor of Science from Iowa State University, College of Agriculture, and a Master of Business Administration from Santa Clara University Leavey School of Business. President, Chief Commercial Officer Agriculture Division of DowDuPont 114

Neal Gutterson joined DuPont Pioneer in 2014 as the Vice President, Ag Biotech R&D; assumed current global role in 2016. He is responsible for leading all of R&D to create innovative agricultural products, services and integrated solutions for farmers and consumers. Previously president, CEO and board member of Mendel Biotechnology, Mr. Gutterson also earlier held other senior R&D roles at biotechnology start-ups. He has built his career through a series of progressively more senior R&D roles at biotechnology start-up companies, including Advanced Genetic Sciences and DNA Plant Technology Corporation. Neal serves on CIMMYT Board of Trustees where he is program committee chair. He holds a Bachelor of Science in chemistry from Yale University and a doctorate in biochemistry from the University of California, Berkeley. Neal Gutterson Neal is a named inventor on more than 30 patents and pending patent applications. Senior Vice President, Chief Technology Officer Agriculture Division of DowDuPont 115Neal Gutterson joined DuPont Pioneer in 2014 as the Vice President, Ag Biotech R&D; assumed current global role in 2016. He is responsible for leading all of R&D to create innovative agricultural products, services and integrated solutions for farmers and consumers. Previously president, CEO and board member of Mendel Biotechnology, Mr. Gutterson also earlier held other senior R&D roles at biotechnology start-ups. He has built his career through a series of progressively more senior R&D roles at biotechnology start-up companies, including Advanced Genetic Sciences and DNA Plant Technology Corporation. Neal serves on CIMMYT Board of Trustees where he is program committee chair. He holds a Bachelor of Science in chemistry from Yale University and a doctorate in biochemistry from the University of California, Berkeley. Neal Gutterson Neal is a named inventor on more than 30 patents and pending patent applications. Senior Vice President, Chief Technology Officer Agriculture Division of DowDuPont 115

Debra King is the leader of Information Technology for Corteva Agriscience™, the Agriculture Division of DowDuPont™. In this role, she is leading efforts to enable the spin of Corteva from DowDuPont in June 2019. She is also leading a technology strategy that includes Corteva’s enterprise digitization program, while helping develop the organization to support Corteva’s purpose - to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. Ms. King joined Corteva in 2017 from Pfizer, where she led IT in varying roles partnered across the business, from R&D through Commercial, delivering several business transformation programs and running global services and operations. She joined Pfizer in 2002, after various technology consulting engagements across Finance, Entertainment and Life Sciences sectors. Ms. King is known for her passionate customer focus, relentless drive for innovation and clear commitment to excellence. She has a strong track record of building and leading high-performing teams, driving business transformations with IT strategy, and managing global, complex operations at scale. Digital, analytics, enterprise platforms, collaboration and global services, among others, Debra King are a few specialty areas where she has translated technology innovations into business value drivers across the enterprise. Senior Vice President, Chief Information Ms. King earned her Bachelor of Arts in Computer Science from Stern College in New York. Officer Agriculture Division of DowDuPont 116Debra King is the leader of Information Technology for Corteva Agriscience™, the Agriculture Division of DowDuPont™. In this role, she is leading efforts to enable the spin of Corteva from DowDuPont in June 2019. She is also leading a technology strategy that includes Corteva’s enterprise digitization program, while helping develop the organization to support Corteva’s purpose - to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. Ms. King joined Corteva in 2017 from Pfizer, where she led IT in varying roles partnered across the business, from R&D through Commercial, delivering several business transformation programs and running global services and operations. She joined Pfizer in 2002, after various technology consulting engagements across Finance, Entertainment and Life Sciences sectors. Ms. King is known for her passionate customer focus, relentless drive for innovation and clear commitment to excellence. She has a strong track record of building and leading high-performing teams, driving business transformations with IT strategy, and managing global, complex operations at scale. Digital, analytics, enterprise platforms, collaboration and global services, among others, Debra King are a few specialty areas where she has translated technology innovations into business value drivers across the enterprise. Senior Vice President, Chief Information Ms. King earned her Bachelor of Arts in Computer Science from Stern College in New York. Officer Agriculture Division of DowDuPont 116

Judd O’Connor is President of the U.S. Commercial Business for Corteva Agriscience™. In this role, Judd provides leadership for five Commercial Units responsible for both the seed and crop protection business in the U.S. The Commercial Units are structured to meet business objectives and deliver the outstanding products and services that growers expect. Previously, Judd was Vice President of DuPont Pioneer, with responsibility for integration activities supporting the DowDuPont merger. Mr. O’Connor first joined Pioneer in 1999 after beginning his career in the crop protection industry. He has held various leadership positions in the Pioneer sales organization, including Business Director and Vice President. Mr. O’Connor also served the DuPont organization as President, DuPont Latin America, located in Sao Paulo, Brazil. After returning to the U.S. from his Latin America role, he served as Vice President, Integrated Operations for DuPont Pioneer with additional responsibility for Safety, Health, and Environment (SHE), Global Commercial Effectiveness, and Seed Treatment Enterprise. Judd O’Connor Mr. O’Connor earned a bachelor’s degree in Agricultural Economics from Kansas State University. President, U.S. Commercial Business Agriculture Division of DowDuPont 117Judd O’Connor is President of the U.S. Commercial Business for Corteva Agriscience™. In this role, Judd provides leadership for five Commercial Units responsible for both the seed and crop protection business in the U.S. The Commercial Units are structured to meet business objectives and deliver the outstanding products and services that growers expect. Previously, Judd was Vice President of DuPont Pioneer, with responsibility for integration activities supporting the DowDuPont merger. Mr. O’Connor first joined Pioneer in 1999 after beginning his career in the crop protection industry. He has held various leadership positions in the Pioneer sales organization, including Business Director and Vice President. Mr. O’Connor also served the DuPont organization as President, DuPont Latin America, located in Sao Paulo, Brazil. After returning to the U.S. from his Latin America role, he served as Vice President, Integrated Operations for DuPont Pioneer with additional responsibility for Safety, Health, and Environment (SHE), Global Commercial Effectiveness, and Seed Treatment Enterprise. Judd O’Connor Mr. O’Connor earned a bachelor’s degree in Agricultural Economics from Kansas State University. President, U.S. Commercial Business Agriculture Division of DowDuPont 117

Sid Gorham is President, Digital Business Platform, for Corteva Agriscience™. In this role, Sid leads the Digital Business strategy for Corteva Agriscience and serves as CEO of Granular. Granular is a wholly-owned subsidiary of Corteva Agriscience and is responsible for all software and analytics products. Today, the Granular platform includes a suite of farm management software (Granular Business and Granular Agronomy by Encirca), the leading farmland real estate analysis tool (AcreValue), and precision agronomy software for ag retailers (AgStudio). Sid has built and led technology businesses in the food, agriculture, media, and telecom industries. He co-founded Granular in 2014 which was acquired by DuPont (now Corteva Agriscience™) in 2017. Prior to Granular, Sid was CEO of Telephia, a telecom analytics company acquired by Nielsen, and COO of OpenTable, the leading restaurant reservation network. Sid earned a Bachelor of Arts in English Literature from Trinity College and a Masters in Business Administration from UC Berkeley. Sid Gorham President, Digital Business Platform Agriculture Division of DowDuPont 118Sid Gorham is President, Digital Business Platform, for Corteva Agriscience™. In this role, Sid leads the Digital Business strategy for Corteva Agriscience and serves as CEO of Granular. Granular is a wholly-owned subsidiary of Corteva Agriscience and is responsible for all software and analytics products. Today, the Granular platform includes a suite of farm management software (Granular Business and Granular Agronomy by Encirca), the leading farmland real estate analysis tool (AcreValue), and precision agronomy software for ag retailers (AgStudio). Sid has built and led technology businesses in the food, agriculture, media, and telecom industries. He co-founded Granular in 2014 which was acquired by DuPont (now Corteva Agriscience™) in 2017. Prior to Granular, Sid was CEO of Telephia, a telecom analytics company acquired by Nielsen, and COO of OpenTable, the leading restaurant reservation network. Sid earned a Bachelor of Arts in English Literature from Trinity College and a Masters in Business Administration from UC Berkeley. Sid Gorham President, Digital Business Platform Agriculture Division of DowDuPont 118

Megan Britt will be the Investor Relations Director for Corteva Agriscience™. Prior to this appointment, Ms. Britt led value capture initiatives for the Agriculture Division of DowDuPont and, since the close of the DowDuPont merger, has worked with senior leadership to shape cost synergy identification and realization. In her appointment to Investor Relations, Ms. Britt will drive the shareholder engagement strategy and lead investor relations activities for the Agriculture Division. During Ms. Britt’s nearly 20-year career, she has supported business strategy and development through a number of marketing and finance leadership positions in the agriculture and health & nutrition sectors. Since joining DuPont in 2000, Ms. Britt has led business development, corporate ventures and mergers & acquisitions strategy for various businesses – including DuPont Pioneer, where Ms. Britt led investment and product strategy. Through prior ventures and investment leadership roles, Ms. Britt worked with senior management and alongside product planning and commercial launch teams to design disciplined product launch processes and shape long-term growth strategies in seeds and traits. Ms. Britt has a Bachelor’s of Science degree in agricultural and applied economics from Texas Tech Megan D. Britt University. She also received a Master of Science in agricultural and applied economics with a Director of Investor specialization in econometrics from Texas Tech University. Relations Agriculture Division of DowDuPont 119Megan Britt will be the Investor Relations Director for Corteva Agriscience™. Prior to this appointment, Ms. Britt led value capture initiatives for the Agriculture Division of DowDuPont and, since the close of the DowDuPont merger, has worked with senior leadership to shape cost synergy identification and realization. In her appointment to Investor Relations, Ms. Britt will drive the shareholder engagement strategy and lead investor relations activities for the Agriculture Division. During Ms. Britt’s nearly 20-year career, she has supported business strategy and development through a number of marketing and finance leadership positions in the agriculture and health & nutrition sectors. Since joining DuPont in 2000, Ms. Britt has led business development, corporate ventures and mergers & acquisitions strategy for various businesses – including DuPont Pioneer, where Ms. Britt led investment and product strategy. Through prior ventures and investment leadership roles, Ms. Britt worked with senior management and alongside product planning and commercial launch teams to design disciplined product launch processes and shape long-term growth strategies in seeds and traits. Ms. Britt has a Bachelor’s of Science degree in agricultural and applied economics from Texas Tech Megan D. Britt University. She also received a Master of Science in agricultural and applied economics with a Director of Investor specialization in econometrics from Texas Tech University. Relations Agriculture Division of DowDuPont 119

Important Notices ® Agrisure® and Agrisure Viptera®are registered trademarks of, and used under license from, a Syngenta Group Company. Agrisure® technology incorporated into DO NOT APPLY DICAMBA HERBICIDE IN-CROP TO SOYBEANS WITH Roundup Ready 2 Xtend technology unless you use a dicamba herbicide these seeds is commercialized under a license from Syngenta Crop Protection AG. product that is specifically labeled for that use in the location where you intend to make the application. IT IS A VIOLATION OF FEDERAL AND STATE ® YieldGard®, the YieldGard Corn Borer Design and Roundup Ready®are registered trademarks used under license from Monsanto Company. LAW TO MAKE AN IN-CROP APPLICATION OF ANY DICAMBA HERBICIDE PRODUCT ON SOYBEANS WITH Roundup Ready 2 Xtend technology, OR Liberty®, LibertyLink®, the Water Droplet Design are trademarks of Bayer. ANY OTHER PESTICIDE APPLICATION, UNLESS THE PRODUCT LABELING SPECIFICALLY AUTHORIZES THE USE. Contact the U.S. EPA and your state pesticide regulatory agency with any questions about the approval status of dicamba herbicide products for in-crop use with soybeans with DuPont™ Lumisena™ fungicide seed treatment became available commercially on Pioneer® brand soybeans in the United States for the 2018 crop year. See ® Roundup Ready 2 Xtend technology. your local Pioneer sales representative for details. ® ALWAYS READ AND FOLLOW PESTICIDE LABEL DIRECTIONS. Soybeans with Roundup Ready 2 Xtend technology contain genes that confer tolerance to glyphosate and dicamba. Glyphosate herbicides will kill crops that are not tolerant to glyphosate. Dicamba will kill crops that are not tolerant to dicamba. ® POWERCORE® SmartStax®multi-event technology developed by Dow AgroSciences and Monsanto. ®SmartStax and the SmartStax Logo are registered Roundup Ready 2 Xtend is a registered trademark of Monsanto Technology LLC used under license. trademarks of Monsanto Technology LLC. ® Always follow grain marketing, stewardship practices and pesticide label directions. Roundup Ready crops contain genes that confer tolerance to glyphosate, the ® ® ® Enlist E3™ soybeans jointly developed by Dow AgroSciences and MS Technologies active ingredient in Roundup brand agricultural herbicides. Roundup brand agricultural herbicides will kill crops that are not tolerant to glyphosate. Genuity , ® ® Roundup and Roundup Ready 2 Yield are registered trademarks of Monsanto Technology LLC used under license. Individual results may vary, and Pioneer corn products vs competitor products – On Farm. Comparisons are against all competitors, unless otherwise stated, and within +/- 3 CRM of the performance may vary from location to location and from year to year. This result may not be an indicator of results you may obtain as local growing, soil and competitive brand. Product responses are variable and subject to any number of environmental, disease and pest pressures. Individual results may vary. weather conditions may vary. Growers should evaluate data from multiple locations and years whenever possible. ® A-series data based on an average of 2016-2017 comparisons made in the U.S. through November 29, 2017. Comparisons are against all competitors, unless Qrome products are approved for cultivation in the U.S. and Canada and have also received import approval in a number of importing countries. DuPont otherwise stated, and within +/- 3 RM of the competitive brand. Product responses are variable and subject to a number of environmental, disease, and pest Pioneer continues to pursue additional import approvals for Qrome products, including in China, in accordance with Excellence Through Stewardship Product pressures. Individual results may vary. Multi-year and multi-location data are a better predictor of future performance. DO NOT USE THIS OR ANY OTHER Launch Guidance. DATA FROM A LIMITED NUMBER OF TRIALS AS A SIGNIFICANT FACTOR IN PRODUCT SELECTION. Refer to www.pioneer.com/products or contact a ® Pioneer sales representative or authorized dealer for the latest and complete listing of traits and scores for each Pioneer® brand product. Plenish high oleic soybeans have an enhanced oil profile and are produced and channeled under contract to specific grain markets. Growers should refer to the DuPont Pioneer Product Use Guide on www.pioneer.com/stewardship for more information. Supplemental unaudited pro forma information for DowDuPont is presented to illustrate the estimated effects of the Merger, assuming that the Merger had been consummated on January 1, 2017. For 2017, activity prior to August 31, 2017 (the “Merger Date”) was prepared on a pro forma basis and activity after the Components of LumiGEN™ technologies for soybeans are applied at a Corteva Agriscience™, Agriculture Division of DowDuPont production facility, or by an Merger Date was prepared on a combined U.S. GAAP basis. The unaudited pro forma information was prepared in accordance with Article 11 of Regulation S-X. independent sales representative of Corteva Agriscience™ or its affiliates. Not all sales representatives offer treatment services, and costs and other charges may Pro forma adjustments have been made (1) accounting policy alignment, (2) eliminate the impact of transactions between Dow and DuPont, and (3) eliminate the vary. See your sales representative for details. Seed applied technologies exclusive to Corteva Agriscience™ and its affiliates. effect of consummated or probable and identifiable divestitures agreed to with certain regulatory agencies as a condition of approval for the Merger. ® ® Pioneer brand products are provided subject to the terms and conditions of purchase which are part of the labeling and purchase documents. Encirca services ® TM SM ©2018 DowDuPont. All rights reserved are provided subject to the terms and conditions of purchase which are part of the purchase documents. , , Trademarks and service marks of DuPont, Dow AgroSciences or Pioneer, and their affiliated companies or their respective owners. © 2018 PHII. ® ® Herculex Insect Protection technology by Dow AgroSciences and Pioneer Hi-Bred. Herculex and the HX logo are registered trademarks of Dow AgroSciences LLC. Agriculture Division of DowDuPont 120Important Notices ® Agrisure® and Agrisure Viptera®are registered trademarks of, and used under license from, a Syngenta Group Company. Agrisure® technology incorporated into DO NOT APPLY DICAMBA HERBICIDE IN-CROP TO SOYBEANS WITH Roundup Ready 2 Xtend technology unless you use a dicamba herbicide these seeds is commercialized under a license from Syngenta Crop Protection AG. product that is specifically labeled for that use in the location where you intend to make the application. IT IS A VIOLATION OF FEDERAL AND STATE ® YieldGard®, the YieldGard Corn Borer Design and Roundup Ready®are registered trademarks used under license from Monsanto Company. LAW TO MAKE AN IN-CROP APPLICATION OF ANY DICAMBA HERBICIDE PRODUCT ON SOYBEANS WITH Roundup Ready 2 Xtend technology, OR Liberty®, LibertyLink®, the Water Droplet Design are trademarks of Bayer. ANY OTHER PESTICIDE APPLICATION, UNLESS THE PRODUCT LABELING SPECIFICALLY AUTHORIZES THE USE. Contact the U.S. EPA and your state pesticide regulatory agency with any questions about the approval status of dicamba herbicide products for in-crop use with soybeans with DuPont™ Lumisena™ fungicide seed treatment became available commercially on Pioneer® brand soybeans in the United States for the 2018 crop year. See ® Roundup Ready 2 Xtend technology. your local Pioneer sales representative for details. ® ALWAYS READ AND FOLLOW PESTICIDE LABEL DIRECTIONS. Soybeans with Roundup Ready 2 Xtend technology contain genes that confer tolerance to glyphosate and dicamba. Glyphosate herbicides will kill crops that are not tolerant to glyphosate. Dicamba will kill crops that are not tolerant to dicamba. ® POWERCORE® SmartStax®multi-event technology developed by Dow AgroSciences and Monsanto. ®SmartStax and the SmartStax Logo are registered Roundup Ready 2 Xtend is a registered trademark of Monsanto Technology LLC used under license. trademarks of Monsanto Technology LLC. ® Always follow grain marketing, stewardship practices and pesticide label directions. Roundup Ready crops contain genes that confer tolerance to glyphosate, the ® ® ® Enlist E3™ soybeans jointly developed by Dow AgroSciences and MS Technologies active ingredient in Roundup brand agricultural herbicides. Roundup brand agricultural herbicides will kill crops that are not tolerant to glyphosate. Genuity , ® ® Roundup and Roundup Ready 2 Yield are registered trademarks of Monsanto Technology LLC used under license. Individual results may vary, and Pioneer corn products vs competitor products – On Farm. Comparisons are against all competitors, unless otherwise stated, and within +/- 3 CRM of the performance may vary from location to location and from year to year. This result may not be an indicator of results you may obtain as local growing, soil and competitive brand. Product responses are variable and subject to any number of environmental, disease and pest pressures. Individual results may vary. weather conditions may vary. Growers should evaluate data from multiple locations and years whenever possible. ® A-series data based on an average of 2016-2017 comparisons made in the U.S. through November 29, 2017. Comparisons are against all competitors, unless Qrome products are approved for cultivation in the U.S. and Canada and have also received import approval in a number of importing countries. DuPont otherwise stated, and within +/- 3 RM of the competitive brand. Product responses are variable and subject to a number of environmental, disease, and pest Pioneer continues to pursue additional import approvals for Qrome products, including in China, in accordance with Excellence Through Stewardship Product pressures. Individual results may vary. Multi-year and multi-location data are a better predictor of future performance. DO NOT USE THIS OR ANY OTHER Launch Guidance. DATA FROM A LIMITED NUMBER OF TRIALS AS A SIGNIFICANT FACTOR IN PRODUCT SELECTION. Refer to www.pioneer.com/products or contact a ® Pioneer sales representative or authorized dealer for the latest and complete listing of traits and scores for each Pioneer® brand product. Plenish high oleic soybeans have an enhanced oil profile and are produced and channeled under contract to specific grain markets. Growers should refer to the DuPont Pioneer Product Use Guide on www.pioneer.com/stewardship for more information. Supplemental unaudited pro forma information for DowDuPont is presented to illustrate the estimated effects of the Merger, assuming that the Merger had been consummated on January 1, 2017. For 2017, activity prior to August 31, 2017 (the “Merger Date”) was prepared on a pro forma basis and activity after the Components of LumiGEN™ technologies for soybeans are applied at a Corteva Agriscience™, Agriculture Division of DowDuPont production facility, or by an Merger Date was prepared on a combined U.S. GAAP basis. The unaudited pro forma information was prepared in accordance with Article 11 of Regulation S-X. independent sales representative of Corteva Agriscience™ or its affiliates. Not all sales representatives offer treatment services, and costs and other charges may Pro forma adjustments have been made (1) accounting policy alignment, (2) eliminate the impact of transactions between Dow and DuPont, and (3) eliminate the vary. See your sales representative for details. Seed applied technologies exclusive to Corteva Agriscience™ and its affiliates. effect of consummated or probable and identifiable divestitures agreed to with certain regulatory agencies as a condition of approval for the Merger. ® ® Pioneer brand products are provided subject to the terms and conditions of purchase which are part of the labeling and purchase documents. Encirca services ® TM SM ©2018 DowDuPont. All rights reserved are provided subject to the terms and conditions of purchase which are part of the purchase documents. , , Trademarks and service marks of DuPont, Dow AgroSciences or Pioneer, and their affiliated companies or their respective owners. © 2018 PHII. ® ® Herculex Insect Protection technology by Dow AgroSciences and Pioneer Hi-Bred. Herculex and the HX logo are registered trademarks of Dow AgroSciences LLC. Agriculture Division of DowDuPont 120

Corteva Agriscience ( Corteva or the Company ) Reconciliation of non-GAAP financial measures Some Corteva communications or presentations to investors contain certain financial measures that are not defined under accounting principles generally accepted in the United States of America ( GAAP ). Non-GAAP financial measures are clearly identified as such in all presentations in which they are included. Management uses these measures internally for planning and forecasting, and intends to use these metrics in evaluating the performance of the Company's segments, including allocating resources. Corteva's management believes that these non-GAAP measures best reflect the ongoing performance of the Company during the periods presented and provide more relevant and meaningful information to investors as they provide insight with respect to ongoing operating results of the Company and a more useful comparison of year-over-year results. These non-GAAP measures supplement the Company's U.S. GAAP disclosures and should not be viewed as an alternative to U.S. GAAP measures of performance. Furthermore, such non-GAAP measures may not be consistent with similar measures provided or used by other companies. For a reconciliation between the bases for these non-GAAP financial measures and the most directly comparable GAAP financial measures, please see the following tables. Refer also to Amendment 4 to the Form 10 for additional information. 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 have been included in the following presentation. The following presentation presents the pro forma results of Corteva, after giving effect to events that are (1) directly attributable to the Merger, the divestiture of Historical DuPont’s specialty products and materials science businesses, the receipt of Dow AgroSciences, debt retirement transactions related to paying off or retiring portions of Historical DuPont’s existing debt liabilities, and the separation and distribution to DowDuPont stockholders of all the outstanding shares of Corteva common stock; (2) factually supportable and (3) with respect to the pro forma statements of income, expected to have a continuing impact on the consolidated results. Refer to the Form 10 registration statement, which can be found on the investors section of the DowDuPont website, for further details on the above transactions. The pro forma financial statements were prepared in accordance with Article 11 of Regulation S-X, and are presented for informational purposes only, and do not purport to represent what the results of operations would have been had the above actually occurred on the dates indicated, nor do they purport to project the results of operations for any future period or as of any future date. Agriculture Division of DowDuPont 121 Corteva Agriscience ( Corteva or the Company ) Reconciliation of non-GAAP financial measures Some Corteva communications or presentations to investors contain certain financial measures that are not defined under accounting principles generally accepted in the United States of America ( GAAP ). Non-GAAP financial measures are clearly identified as such in all presentations in which they are included. Management uses these measures internally for planning and forecasting, and intends to use these metrics in evaluating the performance of the Company's segments, including allocating resources. Corteva's management believes that these non-GAAP measures best reflect the ongoing performance of the Company during the periods presented and provide more relevant and meaningful information to investors as they provide insight with respect to ongoing operating results of the Company and a more useful comparison of year-over-year results. These non-GAAP measures supplement the Company's U.S. GAAP disclosures and should not be viewed as an alternative to U.S. GAAP measures of performance. Furthermore, such non-GAAP measures may not be consistent with similar measures provided or used by other companies. For a reconciliation between the bases for these non-GAAP financial measures and the most directly comparable GAAP financial measures, please see the following tables. Refer also to Amendment 4 to the Form 10 for additional information. 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 have been included in the following presentation. The following presentation presents the pro forma results of Corteva, after giving effect to events that are (1) directly attributable to the Merger, the divestiture of Historical DuPont’s specialty products and materials science businesses, the receipt of Dow AgroSciences, debt retirement transactions related to paying off or retiring portions of Historical DuPont’s existing debt liabilities, and the separation and distribution to DowDuPont stockholders of all the outstanding shares of Corteva common stock; (2) factually supportable and (3) with respect to the pro forma statements of income, expected to have a continuing impact on the consolidated results. Refer to the Form 10 registration statement, which can be found on the investors section of the DowDuPont website, for further details on the above transactions. The pro forma financial statements were prepared in accordance with Article 11 of Regulation S-X, and are presented for informational purposes only, and do not purport to represent what the results of operations would have been had the above actually occurred on the dates indicated, nor do they purport to project the results of operations for any future period or as of any future date. Agriculture Division of DowDuPont 121

Corteva Corteva Selected Segment Information Selected Non-GAAP Calculation of Corteva Pro Forma Operating EBITDA In millions YTD 2018 YTD 2017 YTD 2016 Pro forma net sales by segment 1 Pro forma (loss) income from continuing operations, net of tax (GAAP) $ (4,962) $ 2, 569 $ 528 In millions YTD 2018 YTD 2017 YTD 2016 (Benefit from) provision for income taxes 408 (2,943) (270) Seed $ 7, 842 $ 8, 056 $ 7,835 Pro forma (loss) income from continuing operations before income taxes $ (4, 554) $ (374) $ 258 Crop Protection 6,445 6,184 6, 206 + Depreciation and Amortization 903 766 705 Total pro forma net sales $ 14, 287 $ 14, 240 $ 14,041 - Interest income (87) (109) (109) + Interest expense 76 74 101 + Exchange losses, net 127 373 207 Corteva Pro forma Operating EBITDA + / - Non-operating costs (benefits), net (211) 265 92 In millions YTD 2018 YTD 2017 YTD 2016 + Goodwill impairment charge 4,503 - - Seed $ 1, 139 $ 1,170 $ 997 + Significant items 1, 296 957 476 Crop Protection 1,055 933 919 2 Corteva Pro forma Operating EBITDA (non-GAAP) $ 2,053 $ 1,952 $ 1,730 1 Total Segment Pro forma Operating EBITDA (non-GAAP) 2,194 2,103 1,916 Corporate (141) (151) (186) 1. Pro forma income from continuing operations, net of tax, has been prepared in accordance with Article 11 of Regulation S-X and is considered the most directly comparable 1 GAAP measure to Pro Forma Operating EBITDA. Corteva Pro forma Operating EBITDA (non-GAAP) $ 2, 053 $ 1, 952 $ 1, 730 2. Corteva Pro forma Operating EBITDA is defined as pro forma earnings (i.e., pro forma income from continuing operations before income taxes) before interest, depreciation, amortization, non-operating costs, net and foreign exchange gains (losses), excluding the impact of adjusted significant items. Non-operating costs, net consists of non-operating 1. Segment Pro forma Operating EBITDA is defined as Corteva Pro forma Operating EBITDA excluding corporate expenses. Corteva Pro forma Operating EBITDA is pension and other post-employment benefit (OPEB) costs, environmental remediation and legal costs associated with legacy businesses and sites of Historical DuPont. defined as pro forma earnings (i.e., pro forma income from continuing operations before income taxes) before interest, depreciation, amortization, non-operating costs, net and foreign exchange gains (losses), excluding the impact of adjusted significant items. Non-operating costs, net consists of non-operating pension and other post- employment benefit (OPEB) costs, environmental remediation and legal costs associated with legacy businesses and sites of Historical DuPont. Corteva Pro forma significant items (Pretax) Pro forma Operating EBITDA margin In millions YTD 2018 YTD 2017 YTD 2016 Seed Bayer CropScience arbitration $ - $ 469 $ - In millions YTD 2018 YTD 2017 YTD 2016 Loss on deconsolidation of subsidiary 53 - - Seed 14.5% 14.5% 12.7% Restructuring and asset-related (benefits) charges - net 368 133 27 Crop Protection 16.4% 15.1% 14.8% Gain on sale of assets (22) - - Total Seed 399 602 27 2,3 Total pro forma operating EBITDA margin (non-GAAP) 14.4% 13.7% 12.3% Crop Protection Customer claim adjustment/recovery - - (53) 2. Pro forma Operating EBITDA margin is pro forma Operating EBITDA as a percentage of pro forma net sales. Environmental charges - - 2 3. Pro forma Operating EBITDA margin %'s for Corporate are not presented separately above as they are not meaningful; however, the results are included in the Total margin %'s above. Restructuring and asset-related (benefits) charges - net 58 (2) 69 Total Crop Protection 58 (2) 18 Corporate Integration costs 571 217 74 Restructuring and asset-related (benefits) charges - net 268 140 357 Total Corporate 839 357 431 Total pro forma significant items by segment (Pretax) $ 1,296 $ 957 $ 476 Agriculture Division of DowDuPont 122Corteva Corteva Selected Segment Information Selected Non-GAAP Calculation of Corteva Pro Forma Operating EBITDA In millions YTD 2018 YTD 2017 YTD 2016 Pro forma net sales by segment 1 Pro forma (loss) income from continuing operations, net of tax (GAAP) $ (4,962) $ 2, 569 $ 528 In millions YTD 2018 YTD 2017 YTD 2016 (Benefit from) provision for income taxes 408 (2,943) (270) Seed $ 7, 842 $ 8, 056 $ 7,835 Pro forma (loss) income from continuing operations before income taxes $ (4, 554) $ (374) $ 258 Crop Protection 6,445 6,184 6, 206 + Depreciation and Amortization 903 766 705 Total pro forma net sales $ 14, 287 $ 14, 240 $ 14,041 - Interest income (87) (109) (109) + Interest expense 76 74 101 + Exchange losses, net 127 373 207 Corteva Pro forma Operating EBITDA + / - Non-operating costs (benefits), net (211) 265 92 In millions YTD 2018 YTD 2017 YTD 2016 + Goodwill impairment charge 4,503 - - Seed $ 1, 139 $ 1,170 $ 997 + Significant items 1, 296 957 476 Crop Protection 1,055 933 919 2 Corteva Pro forma Operating EBITDA (non-GAAP) $ 2,053 $ 1,952 $ 1,730 1 Total Segment Pro forma Operating EBITDA (non-GAAP) 2,194 2,103 1,916 Corporate (141) (151) (186) 1. Pro forma income from continuing operations, net of tax, has been prepared in accordance with Article 11 of Regulation S-X and is considered the most directly comparable 1 GAAP measure to Pro Forma Operating EBITDA. Corteva Pro forma Operating EBITDA (non-GAAP) $ 2, 053 $ 1, 952 $ 1, 730 2. Corteva Pro forma Operating EBITDA is defined as pro forma earnings (i.e., pro forma income from continuing operations before income taxes) before interest, depreciation, amortization, non-operating costs, net and foreign exchange gains (losses), excluding the impact of adjusted significant items. Non-operating costs, net consists of non-operating 1. Segment Pro forma Operating EBITDA is defined as Corteva Pro forma Operating EBITDA excluding corporate expenses. Corteva Pro forma Operating EBITDA is pension and other post-employment benefit (OPEB) costs, environmental remediation and legal costs associated with legacy businesses and sites of Historical DuPont. defined as pro forma earnings (i.e., pro forma income from continuing operations before income taxes) before interest, depreciation, amortization, non-operating costs, net and foreign exchange gains (losses), excluding the impact of adjusted significant items. Non-operating costs, net consists of non-operating pension and other post- employment benefit (OPEB) costs, environmental remediation and legal costs associated with legacy businesses and sites of Historical DuPont. Corteva Pro forma significant items (Pretax) Pro forma Operating EBITDA margin In millions YTD 2018 YTD 2017 YTD 2016 Seed Bayer CropScience arbitration $ - $ 469 $ - In millions YTD 2018 YTD 2017 YTD 2016 Loss on deconsolidation of subsidiary 53 - - Seed 14.5% 14.5% 12.7% Restructuring and asset-related (benefits) charges - net 368 133 27 Crop Protection 16.4% 15.1% 14.8% Gain on sale of assets (22) - - Total Seed 399 602 27 2,3 Total pro forma operating EBITDA margin (non-GAAP) 14.4% 13.7% 12.3% Crop Protection Customer claim adjustment/recovery - - (53) 2. Pro forma Operating EBITDA margin is pro forma Operating EBITDA as a percentage of pro forma net sales. Environmental charges - - 2 3. Pro forma Operating EBITDA margin %'s for Corporate are not presented separately above as they are not meaningful; however, the results are included in the Total margin %'s above. Restructuring and asset-related (benefits) charges - net 58 (2) 69 Total Crop Protection 58 (2) 18 Corporate Integration costs 571 217 74 Restructuring and asset-related (benefits) charges - net 268 140 357 Total Corporate 839 357 431 Total pro forma significant items by segment (Pretax) $ 1,296 $ 957 $ 476 Agriculture Division of DowDuPont 122

123123

EX-99.2

Exhibit 99.2


		News Release

Corteva Agriscience^™, Agriculture Division of DowDuPont,

Hosts Investor Day in Johnston, Iowa

Reaffirms 2019 Divisional Guidance of $2.8 Billion and Provides

Standalone Financials for Independent Company

WILMINGTON, Del., May 9, 2019 – Corteva Agriscience™, Agriculture Division of DowDuPont (NYSE: DWDP), will host a meeting with investors and analysts today in Johnston, Iowa at 8:00 am CT / 9:00 am ET. At the meeting, James C. Collins, Jr., Chief Executive Officer-elect of Corteva Agriscience™, and other members of the senior leadership team will review the company’s progress, strategy and key priorities for value creation. The presentations will include an in-depth view of recent product launches, progress toward a best-in-class cost structure, and expectations for pipeline performance. Management will also provide an update on the company’s standalone financials in preparation for the intended separation from DowDuPont on June 1, 2019.

“As we rapidly approach our launch as an independent pure-play agriculture company, we are confident our competitive advantages put us on a solid path to deliver above-market growth,” said Jim Collins. “Our integrated offering is powered by an industry-leading R&D engine and close customer relationships gained through our unique routes-to-market – enabling Corteva to deliver new, innovative products to meet the evolving needs of farmers. Combining innovation-driven sales growth with our relentless focus on driving attractive returns on our investments, a competitive cost structure and improving ROIC, we will enhance value for shareholders.”

In addition to Collins, presentations will include remarks from Greg Friedman, Executive Vice President and Chief Financial Officer-elect; Rajan Gajaria, Executive Vice President, Business Platforms; Tim Glenn, Executive Vice President and Chief Commercial Officer; Neal Gutterson, Senior Vice President and Chief Technology Officer; Debra King, Senior Vice President and Chief Information Officer, as well as other members of the Corteva Agriscience senior leadership team.

For those in attendance, the event will also include a tour of the onsite innovation facilities, spotlighting plant breeding, transgenic trait development, seed applied technology and the company’s expanding digital capabilities.

“By capitalizing on our strengths, including our disciplined innovation investment approach and differentiated distribution, and optimizing our capital allocation - we will enable growth and improved ROIC, while creating shareholder value,” said Greg Friedman. “Our priorities include maintaining financial flexibility to support seasonal working capital, growing cash flow in a disciplined manner while investing in innovation, delivering on merger cost synergies and driving productivity improvements, and returning capital to shareholders through a competitive dividend and share repurchases.”

Division Guidance

At the meeting, Corteva Agriscience will also reaffirm financial guidance for the full year 2019. Consistent with the guidance provided on May 2 with DowDuPont’s first quarter results, the DowDuPont Agriculture division guided full year guidance of operating EBITDA of about $2.8 billion. Sales are expected to be flat with organic sales¹ up low single digits percent. The division expects to overcome the first half decline through the realization of new product launches, price opportunities on high demand products, accelerated cost synergy delivery, and incremental productivity opportunities - resulting in an improvement in second half performance versus prior year.

¹	Organic sales includes price and volume growth, excluding currency and portfolio impacts.

Division Operating EBITDA is defined as earnings before interest, taxes, depreciation and amortization, and excludes significant items and exchange gains/losses”

Standalone Guidance

As part of an update on standalone financials, Greg Friedman will provide its full-year 2019 operating EBITDA² guidance on a standalone basis. As previously communicated, Corteva Agriscience projects dividends of $400 Million with increases over time. Immediately following the spin, the new board is anticipated to approve a share repurchase authorization consistent with a commitment to return excess capital to shareholders.

The investor meeting will be webcast and a replay will be available following the event. Registration for the webcast, as well as presentation materials, can be accessed at http://www.dow-dupont.com/investors/events-and-presentations/default.aspx

About Corteva Agriscience^™, Agriculture Division of DowDuPont

Corteva Agriscience^™, Agriculture Division of DowDuPont (NYSE: DWDP), is intended to become an independent, publicly traded company when the previously announced spinoff is complete by June 2019. The division combines the strengths of DuPont Pioneer, DuPont Crop Protection and Dow AgroSciences. Corteva Agriscience provides growers around the world with the most complete portfolio in the industry — including some of the most recognized brands in agriculture: Pioneer^®, Granular^®, the newly launched Brevant^™ seeds, as well as award-winning Crop Protection products — while bringing new products to market through our solid pipeline of active chemistry and technologies. More information can be found at www.corteva.com.

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About DowDuPont^™

DowDuPont (NYSE: DWDP) is a holding company comprised of the future Corteva Agriscience^™ and DuPont, which are expected to separate on June 1, 2019, creating two strong, independent, publicly traded companies in the agriculture and specialty products sectors, respectively. Each will lead their industry through productive, science-based innovation to meet the needs of customers and help solve global challenges. DowDuPont completed the separation of the Materials Science business through the spin-off of Dow Inc. (NYSE: Dow) on April 1, 2019. For more information, please visit us at www.dow-dupont.com.

Cautionary Statement About Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and Section 27A of the Securities Act of 1933, as amended, which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectations or projections about the future, including statements about Corteva’s strategy for growth, product development, regulatory approval, market position, anticipated benefits of recent acquisitions, timing of anticipated benefits from restructuring actions, outcome of contingencies, such as litigation and environmental matters, expenditures, and financial results, as well as expected benefits from, the separation of Corteva from DowDuPont, are forward-looking statements.

Forward-looking statements are based on certain assumptions and expectations of future events which may not be accurate or realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond Corteva’s control. While the list of factors presented below is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on Corteva’s business, results of operations and financial condition. Some of the important factors that could cause Corteva’s actual results to differ materially from those projected in any such forward-looking statements are: (i) effect of competition and consolidation in Corteva’s industry; (ii) failure to successfully develop and commercialize Corteva’s pipeline; (iii) failure to obtain or maintain the necessary regulatory approvals for some Corteva’s products; (iv) failure to enforce Corteva’s intellectual property rights or defend against intellectual property claims asserted by others; (v) effect of competition from

²	Corteva Operating EBITDA is a non-GAAP measure. See herein for further discussion.

manufacturers of generic products; (vi) costs of complying with evolving regulatory requirements; (vii) effect of the degree of public understanding and acceptance or perceived public acceptance of Corteva’s biotechnology and other agricultural products; (viii) effect of changes in agricultural and related policies of governments and international organizations; (ix) impact of Corteva’s dependence on its relationships or contracts with third parties; (x) effect of disruptions to Corteva’s supply chain, information technology or network systems; (xi) effect of volatility in Corteva’s input costs; and (xii) failure to realize the anticipated benefits of the series of internal reorganizations taken by DowDuPont in connection with the spin-off of Corteva, including failure to benefit from significant cost synergies.

Additionally, there may be other risks and uncertainties that Corteva is unable to currently identify or that Corteva does not currently expect to have a material impact on its business.

Where, in any forward-looking statement, an expectation or belief as to future results or events is expressed, such expectation or belief is based on the current plans and expectations of Corteva’s management and expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the expectation or belief will result or be achieved or accomplished. Corteva disclaims and does not undertake any obligation to update or revise any forward-looking statement, except as required by applicable law. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in Corteva’s Registration Statement on Form 10 filed with the U.S. Securities and Exchange Commission.

Non-GAAP Financial Measures

This presentation includes information that does not conform to U.S. GAAP and are considered non-GAAP measures. These measures include organic sales and Corteva operating EBITDA. DowDuPont and Corteva’s management believes that these non-GAAP measures best reflect the ongoing performance of the Company and provide more relevant and meaningful information to investors as they provide insight with respect to ongoing operating results of the Company and a more useful comparison of year-over-year results. These non-GAAP measures supplement the Company’s U.S. GAAP disclosures and should not be viewed as an alternative to U.S. GAAP measures of performance. Furthermore, such non-GAAP measures may not be consistent with similar measures provided or used by other companies. This data should be read in conjunction with the Company’s preliminary registration statement on Form 10 filing (and subsequent amendments thereto). Corteva does not provide forward-looking U.S. GAAP financial measures or a reconciliation of forward-looking non-GAAP financial measures to the most comparable U.S. GAAP financial measures on a forward-looking basis because the company is unable to predict with reasonable certainty the ultimate outcome of pending litigation, unusual gains and losses, foreign currency exchange gains or losses and potential future asset impairments, as well as discrete taxable events, without unreasonable effort. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP results for the guidance period.

Organic sales is defined as price and volume and excludes currency and portfolio impacts.

Corteva operating EBITDA is defined as pro forma earnings (i.e., pro forma income from continuing operations before income taxes) before interest, depreciation, amortization, non-operating costs, net and foreign exchange gains (losses), excluding the impact of adjusted significant items. Non-operating costs, net consists of non-operating pension and other post-employment benefit (OPEB) costs, environmental remediation and legal costs associated with legacy businesses and sites of Historical DuPont.

All products, unless otherwise noted, denoted with ^™, ^SM or ® are trademarks or registered trademarks of DowDuPont.

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5/9/19

Media Contact:

Gregg M. Schmidt

+1-302-485-3260

gregg.m.schmidt@corteva.com

Investor Contact:

Megan Britt

+1-302-996-8881

megan.britt@corteva.com