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An International Challenge, or Opportunity? Ag Innovation Investment in Australia Richard Dickmann, Head of New Business Development Bayer Crop Science Australia ABARES Conference, March 4, 2015

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Page 1: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

An International Challenge or Opportunity

Ag Innovation Investment in Australia

Richard Dickmann Head of New Business Development

Bayer Crop Science Australia

ABARES Conference March 4 2015

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 2

Agenda Bayer Introduction

Global Ag RampD Focus Funding and Process

Global Collaboration Challenges for Australia

Global Collaboration Opportunities for Australia

Bayer Crop Science Australia Delivering global collaboration

Summary

Bayer Introduction

Our Mission

Bayer Science For A Better Life

bull Bayer Group 169 Template bull January 2016 Page 4

The steadily growing and aging

global population has a need for new and better

medicines and for an adequate supply of safe food

Our innovations offer answers to these challenges We invent

new molecules which can positively influence the biochemical

processes in living organisms with the goal of improving

the quality of life That is what our mission

ldquoBayer Science For A Better Liferdquo

stands for

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 5

bull Bayer bull Company Profile 2016 Slide 5

Full year sales euro413 billion

104549 employees

302 subsidiaries

RampD expenditures euro35 billion

As of December 31 2015 (excluding Covestro) ndash employees in full-time equivalents

As of December 31 2014 (including Covestro) ndash 2014 figures restated

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 6

bull Vegetable seeds

bull Seeds for agricultural

crops (eg cotton

canola rice wheat

soybean)

bull Traits

Crop Protection Environmental Science Seeds

bull Insecticides

bull Fungicides

bull Herbicides

bull SeedGrowth

bull Products for

professional users

(pest and vegetation

management)

bull Products for consumers

(home and garden use)

Crop Science Three business units

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 7

Key locations across Australia

Bayer Crop Science and Animal Health

Northern

Territory

(NT) Queensland

(QLD)

New South

Wales (NSW)

Victoria (VIC)

South

Australia

(SA)

Western

Australia

(WA)

BCS Formulation Site

Pinkenba

Vegetable Seeds

Cannon Hill

Bayer Animal Health

Pymble

BCS Formulation Site

Kwinana

Bayer office

Perth

Bayer office

Adelaide

Seeds

Mt Gambier

Breeding Center

Horsham

Bayer CropScience

Hawthorn East

Administration

Research and Innovation Centres

Manufacturing Sites

250 employees

200 products

Local Production RampD and

Breeding

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 8

Global technologies promote sustainable agriculture

Global Ag RampD Focus Funding and Process

We are integrating approaches

to get the best out of cropshellip

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 10

bull Herbicides

bull Fungicides

bull Insecticides

bull Safener

bull Seed treatments

New Science

Areas

bull Sustainability research

bull Biologics

bull Crop Efficiency

bull Digital Agriculture

bull New Breeding technologies

bull Molecular breeding

bull Computational biology

bull Diagnostic tools

bull Proteomics

bull Epigenetics

bull Quantitative metabolomics

bull Synthetic biology

Supporting Emerging

Technologies

CROP

bull Herbicide tolerant traits

bull Insect resistant traits

bull Yield optimization traits

bull Photosynthetic efficiency traits

bull Drought resistance traits

Seeds amp Traits Chemical Crop Protection

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 2: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 2

Agenda Bayer Introduction

Global Ag RampD Focus Funding and Process

Global Collaboration Challenges for Australia

Global Collaboration Opportunities for Australia

Bayer Crop Science Australia Delivering global collaboration

Summary

Bayer Introduction

Our Mission

Bayer Science For A Better Life

bull Bayer Group 169 Template bull January 2016 Page 4

The steadily growing and aging

global population has a need for new and better

medicines and for an adequate supply of safe food

Our innovations offer answers to these challenges We invent

new molecules which can positively influence the biochemical

processes in living organisms with the goal of improving

the quality of life That is what our mission

ldquoBayer Science For A Better Liferdquo

stands for

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 5

bull Bayer bull Company Profile 2016 Slide 5

Full year sales euro413 billion

104549 employees

302 subsidiaries

RampD expenditures euro35 billion

As of December 31 2015 (excluding Covestro) ndash employees in full-time equivalents

As of December 31 2014 (including Covestro) ndash 2014 figures restated

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 6

bull Vegetable seeds

bull Seeds for agricultural

crops (eg cotton

canola rice wheat

soybean)

bull Traits

Crop Protection Environmental Science Seeds

bull Insecticides

bull Fungicides

bull Herbicides

bull SeedGrowth

bull Products for

professional users

(pest and vegetation

management)

bull Products for consumers

(home and garden use)

Crop Science Three business units

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 7

Key locations across Australia

Bayer Crop Science and Animal Health

Northern

Territory

(NT) Queensland

(QLD)

New South

Wales (NSW)

Victoria (VIC)

South

Australia

(SA)

Western

Australia

(WA)

BCS Formulation Site

Pinkenba

Vegetable Seeds

Cannon Hill

Bayer Animal Health

Pymble

BCS Formulation Site

Kwinana

Bayer office

Perth

Bayer office

Adelaide

Seeds

Mt Gambier

Breeding Center

Horsham

Bayer CropScience

Hawthorn East

Administration

Research and Innovation Centres

Manufacturing Sites

250 employees

200 products

Local Production RampD and

Breeding

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 8

Global technologies promote sustainable agriculture

Global Ag RampD Focus Funding and Process

We are integrating approaches

to get the best out of cropshellip

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 10

bull Herbicides

bull Fungicides

bull Insecticides

bull Safener

bull Seed treatments

New Science

Areas

bull Sustainability research

bull Biologics

bull Crop Efficiency

bull Digital Agriculture

bull New Breeding technologies

bull Molecular breeding

bull Computational biology

bull Diagnostic tools

bull Proteomics

bull Epigenetics

bull Quantitative metabolomics

bull Synthetic biology

Supporting Emerging

Technologies

CROP

bull Herbicide tolerant traits

bull Insect resistant traits

bull Yield optimization traits

bull Photosynthetic efficiency traits

bull Drought resistance traits

Seeds amp Traits Chemical Crop Protection

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 3: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Bayer Introduction

Our Mission

Bayer Science For A Better Life

bull Bayer Group 169 Template bull January 2016 Page 4

The steadily growing and aging

global population has a need for new and better

medicines and for an adequate supply of safe food

Our innovations offer answers to these challenges We invent

new molecules which can positively influence the biochemical

processes in living organisms with the goal of improving

the quality of life That is what our mission

ldquoBayer Science For A Better Liferdquo

stands for

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 5

bull Bayer bull Company Profile 2016 Slide 5

Full year sales euro413 billion

104549 employees

302 subsidiaries

RampD expenditures euro35 billion

As of December 31 2015 (excluding Covestro) ndash employees in full-time equivalents

As of December 31 2014 (including Covestro) ndash 2014 figures restated

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 6

bull Vegetable seeds

bull Seeds for agricultural

crops (eg cotton

canola rice wheat

soybean)

bull Traits

Crop Protection Environmental Science Seeds

bull Insecticides

bull Fungicides

bull Herbicides

bull SeedGrowth

bull Products for

professional users

(pest and vegetation

management)

bull Products for consumers

(home and garden use)

Crop Science Three business units

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 7

Key locations across Australia

Bayer Crop Science and Animal Health

Northern

Territory

(NT) Queensland

(QLD)

New South

Wales (NSW)

Victoria (VIC)

South

Australia

(SA)

Western

Australia

(WA)

BCS Formulation Site

Pinkenba

Vegetable Seeds

Cannon Hill

Bayer Animal Health

Pymble

BCS Formulation Site

Kwinana

Bayer office

Perth

Bayer office

Adelaide

Seeds

Mt Gambier

Breeding Center

Horsham

Bayer CropScience

Hawthorn East

Administration

Research and Innovation Centres

Manufacturing Sites

250 employees

200 products

Local Production RampD and

Breeding

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 8

Global technologies promote sustainable agriculture

Global Ag RampD Focus Funding and Process

We are integrating approaches

to get the best out of cropshellip

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 10

bull Herbicides

bull Fungicides

bull Insecticides

bull Safener

bull Seed treatments

New Science

Areas

bull Sustainability research

bull Biologics

bull Crop Efficiency

bull Digital Agriculture

bull New Breeding technologies

bull Molecular breeding

bull Computational biology

bull Diagnostic tools

bull Proteomics

bull Epigenetics

bull Quantitative metabolomics

bull Synthetic biology

Supporting Emerging

Technologies

CROP

bull Herbicide tolerant traits

bull Insect resistant traits

bull Yield optimization traits

bull Photosynthetic efficiency traits

bull Drought resistance traits

Seeds amp Traits Chemical Crop Protection

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 4: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Our Mission

Bayer Science For A Better Life

bull Bayer Group 169 Template bull January 2016 Page 4

The steadily growing and aging

global population has a need for new and better

medicines and for an adequate supply of safe food

Our innovations offer answers to these challenges We invent

new molecules which can positively influence the biochemical

processes in living organisms with the goal of improving

the quality of life That is what our mission

ldquoBayer Science For A Better Liferdquo

stands for

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 5

bull Bayer bull Company Profile 2016 Slide 5

Full year sales euro413 billion

104549 employees

302 subsidiaries

RampD expenditures euro35 billion

As of December 31 2015 (excluding Covestro) ndash employees in full-time equivalents

As of December 31 2014 (including Covestro) ndash 2014 figures restated

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 6

bull Vegetable seeds

bull Seeds for agricultural

crops (eg cotton

canola rice wheat

soybean)

bull Traits

Crop Protection Environmental Science Seeds

bull Insecticides

bull Fungicides

bull Herbicides

bull SeedGrowth

bull Products for

professional users

(pest and vegetation

management)

bull Products for consumers

(home and garden use)

Crop Science Three business units

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 7

Key locations across Australia

Bayer Crop Science and Animal Health

Northern

Territory

(NT) Queensland

(QLD)

New South

Wales (NSW)

Victoria (VIC)

South

Australia

(SA)

Western

Australia

(WA)

BCS Formulation Site

Pinkenba

Vegetable Seeds

Cannon Hill

Bayer Animal Health

Pymble

BCS Formulation Site

Kwinana

Bayer office

Perth

Bayer office

Adelaide

Seeds

Mt Gambier

Breeding Center

Horsham

Bayer CropScience

Hawthorn East

Administration

Research and Innovation Centres

Manufacturing Sites

250 employees

200 products

Local Production RampD and

Breeding

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 8

Global technologies promote sustainable agriculture

Global Ag RampD Focus Funding and Process

We are integrating approaches

to get the best out of cropshellip

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 10

bull Herbicides

bull Fungicides

bull Insecticides

bull Safener

bull Seed treatments

New Science

Areas

bull Sustainability research

bull Biologics

bull Crop Efficiency

bull Digital Agriculture

bull New Breeding technologies

bull Molecular breeding

bull Computational biology

bull Diagnostic tools

bull Proteomics

bull Epigenetics

bull Quantitative metabolomics

bull Synthetic biology

Supporting Emerging

Technologies

CROP

bull Herbicide tolerant traits

bull Insect resistant traits

bull Yield optimization traits

bull Photosynthetic efficiency traits

bull Drought resistance traits

Seeds amp Traits Chemical Crop Protection

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 5: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 5

bull Bayer bull Company Profile 2016 Slide 5

Full year sales euro413 billion

104549 employees

302 subsidiaries

RampD expenditures euro35 billion

As of December 31 2015 (excluding Covestro) ndash employees in full-time equivalents

As of December 31 2014 (including Covestro) ndash 2014 figures restated

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 6

bull Vegetable seeds

bull Seeds for agricultural

crops (eg cotton

canola rice wheat

soybean)

bull Traits

Crop Protection Environmental Science Seeds

bull Insecticides

bull Fungicides

bull Herbicides

bull SeedGrowth

bull Products for

professional users

(pest and vegetation

management)

bull Products for consumers

(home and garden use)

Crop Science Three business units

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 7

Key locations across Australia

Bayer Crop Science and Animal Health

Northern

Territory

(NT) Queensland

(QLD)

New South

Wales (NSW)

Victoria (VIC)

South

Australia

(SA)

Western

Australia

(WA)

BCS Formulation Site

Pinkenba

Vegetable Seeds

Cannon Hill

Bayer Animal Health

Pymble

BCS Formulation Site

Kwinana

Bayer office

Perth

Bayer office

Adelaide

Seeds

Mt Gambier

Breeding Center

Horsham

Bayer CropScience

Hawthorn East

Administration

Research and Innovation Centres

Manufacturing Sites

250 employees

200 products

Local Production RampD and

Breeding

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 8

Global technologies promote sustainable agriculture

Global Ag RampD Focus Funding and Process

We are integrating approaches

to get the best out of cropshellip

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 10

bull Herbicides

bull Fungicides

bull Insecticides

bull Safener

bull Seed treatments

New Science

Areas

bull Sustainability research

bull Biologics

bull Crop Efficiency

bull Digital Agriculture

bull New Breeding technologies

bull Molecular breeding

bull Computational biology

bull Diagnostic tools

bull Proteomics

bull Epigenetics

bull Quantitative metabolomics

bull Synthetic biology

Supporting Emerging

Technologies

CROP

bull Herbicide tolerant traits

bull Insect resistant traits

bull Yield optimization traits

bull Photosynthetic efficiency traits

bull Drought resistance traits

Seeds amp Traits Chemical Crop Protection

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 6: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 6

bull Vegetable seeds

bull Seeds for agricultural

crops (eg cotton

canola rice wheat

soybean)

bull Traits

Crop Protection Environmental Science Seeds

bull Insecticides

bull Fungicides

bull Herbicides

bull SeedGrowth

bull Products for

professional users

(pest and vegetation

management)

bull Products for consumers

(home and garden use)

Crop Science Three business units

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 7

Key locations across Australia

Bayer Crop Science and Animal Health

Northern

Territory

(NT) Queensland

(QLD)

New South

Wales (NSW)

Victoria (VIC)

South

Australia

(SA)

Western

Australia

(WA)

BCS Formulation Site

Pinkenba

Vegetable Seeds

Cannon Hill

Bayer Animal Health

Pymble

BCS Formulation Site

Kwinana

Bayer office

Perth

Bayer office

Adelaide

Seeds

Mt Gambier

Breeding Center

Horsham

Bayer CropScience

Hawthorn East

Administration

Research and Innovation Centres

Manufacturing Sites

250 employees

200 products

Local Production RampD and

Breeding

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 8

Global technologies promote sustainable agriculture

Global Ag RampD Focus Funding and Process

We are integrating approaches

to get the best out of cropshellip

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 10

bull Herbicides

bull Fungicides

bull Insecticides

bull Safener

bull Seed treatments

New Science

Areas

bull Sustainability research

bull Biologics

bull Crop Efficiency

bull Digital Agriculture

bull New Breeding technologies

bull Molecular breeding

bull Computational biology

bull Diagnostic tools

bull Proteomics

bull Epigenetics

bull Quantitative metabolomics

bull Synthetic biology

Supporting Emerging

Technologies

CROP

bull Herbicide tolerant traits

bull Insect resistant traits

bull Yield optimization traits

bull Photosynthetic efficiency traits

bull Drought resistance traits

Seeds amp Traits Chemical Crop Protection

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 7: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 7

Key locations across Australia

Bayer Crop Science and Animal Health

Northern

Territory

(NT) Queensland

(QLD)

New South

Wales (NSW)

Victoria (VIC)

South

Australia

(SA)

Western

Australia

(WA)

BCS Formulation Site

Pinkenba

Vegetable Seeds

Cannon Hill

Bayer Animal Health

Pymble

BCS Formulation Site

Kwinana

Bayer office

Perth

Bayer office

Adelaide

Seeds

Mt Gambier

Breeding Center

Horsham

Bayer CropScience

Hawthorn East

Administration

Research and Innovation Centres

Manufacturing Sites

250 employees

200 products

Local Production RampD and

Breeding

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 8

Global technologies promote sustainable agriculture

Global Ag RampD Focus Funding and Process

We are integrating approaches

to get the best out of cropshellip

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 10

bull Herbicides

bull Fungicides

bull Insecticides

bull Safener

bull Seed treatments

New Science

Areas

bull Sustainability research

bull Biologics

bull Crop Efficiency

bull Digital Agriculture

bull New Breeding technologies

bull Molecular breeding

bull Computational biology

bull Diagnostic tools

bull Proteomics

bull Epigenetics

bull Quantitative metabolomics

bull Synthetic biology

Supporting Emerging

Technologies

CROP

bull Herbicide tolerant traits

bull Insect resistant traits

bull Yield optimization traits

bull Photosynthetic efficiency traits

bull Drought resistance traits

Seeds amp Traits Chemical Crop Protection

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 8: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 8

Global technologies promote sustainable agriculture

Global Ag RampD Focus Funding and Process

We are integrating approaches

to get the best out of cropshellip

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 10

bull Herbicides

bull Fungicides

bull Insecticides

bull Safener

bull Seed treatments

New Science

Areas

bull Sustainability research

bull Biologics

bull Crop Efficiency

bull Digital Agriculture

bull New Breeding technologies

bull Molecular breeding

bull Computational biology

bull Diagnostic tools

bull Proteomics

bull Epigenetics

bull Quantitative metabolomics

bull Synthetic biology

Supporting Emerging

Technologies

CROP

bull Herbicide tolerant traits

bull Insect resistant traits

bull Yield optimization traits

bull Photosynthetic efficiency traits

bull Drought resistance traits

Seeds amp Traits Chemical Crop Protection

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 9: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Global Ag RampD Focus Funding and Process

We are integrating approaches

to get the best out of cropshellip

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 10

bull Herbicides

bull Fungicides

bull Insecticides

bull Safener

bull Seed treatments

New Science

Areas

bull Sustainability research

bull Biologics

bull Crop Efficiency

bull Digital Agriculture

bull New Breeding technologies

bull Molecular breeding

bull Computational biology

bull Diagnostic tools

bull Proteomics

bull Epigenetics

bull Quantitative metabolomics

bull Synthetic biology

Supporting Emerging

Technologies

CROP

bull Herbicide tolerant traits

bull Insect resistant traits

bull Yield optimization traits

bull Photosynthetic efficiency traits

bull Drought resistance traits

Seeds amp Traits Chemical Crop Protection

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 10: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

We are integrating approaches

to get the best out of cropshellip

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 10

bull Herbicides

bull Fungicides

bull Insecticides

bull Safener

bull Seed treatments

New Science

Areas

bull Sustainability research

bull Biologics

bull Crop Efficiency

bull Digital Agriculture

bull New Breeding technologies

bull Molecular breeding

bull Computational biology

bull Diagnostic tools

bull Proteomics

bull Epigenetics

bull Quantitative metabolomics

bull Synthetic biology

Supporting Emerging

Technologies

CROP

bull Herbicide tolerant traits

bull Insect resistant traits

bull Yield optimization traits

bull Photosynthetic efficiency traits

bull Drought resistance traits

Seeds amp Traits Chemical Crop Protection

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 11: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Total RampD Expenditure by the Leading Agrochemical Companies

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 11

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 12: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Bayer Crop Science site ndash Monheim Germany

12

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 13: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Bayer Crop Science Monheim HQndashSample Logistics

13

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 14: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Crop Protection Product Development Timetable

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 14

Compounds gtgt100000 500 10 3 2 1

Year 0 1 2 3 4 5 6 7 8 9 10

After 8 to 10 years and an average investment of above euro 200 million

one compound out of gt 100000 substances reaches the market

Field trials Chemistry

Biology

Biochemistry

Other disciplines

Environmental

safety

User and consumer safety

Formulation and Process development

Regulatory

approval

Market

launch

Development Research Commercialization

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 15: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Page 15 bull Annual Press Conference 2013 bull Weed Resistance Management bull September 5 2013

The Increasing Cost New Agrochemicals

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 16: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Global Collaboration Challenges for Australia

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 17: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Dollars Distance ldquoDis-collaborationrdquo

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 18: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

International collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 18

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 19: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Business Academic collaboration

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 20: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Australia In the headlines

Jan 9 2016

ldquoOnly 05 of new businesses

are start-upsrdquo

ldquoonly 1-2 of existing

businesses can be described

as innovatingrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 20

Larry Marshall July 2015

In 2014 Australia (ranked) 10th in

the world for innovation inputs but

81st for innovation efficiency

We can we must do betterrdquo

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 21: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Global Collaboration Opportunities for Australia

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 22: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Australia has opportunities

9 of the top 100 Life Science Universities

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 22

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 23: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Australia has even more opportunities

bull Bayer Group 169 Template bull January 2016 Page 23

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 24: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Bayer Australia Delivering global collaboration

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 25: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Bayer CSIRO Collaboration

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 25

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 26: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Wheat and Oilseed Breeding Station Longerenong

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 26

bull Hub for Bayer Crop Sciencersquos national wheat and

canola breeding programs

bull Breed develop and trial new lines in the local

environment under a range of growing conditions

bull Develop new cultivars with better yield quality

pest and disease resistance and environmental fit

bull Offices glasshouse seed processing growth

chambers and laboratories and 60 ha of wheat and

canola trials under lateral irrigation

bull Training ground for college students as part of their

studies

bull Part of a global network of 7 breeding stations

$14 million investment at Longerenong College near Horsham Victoria to

build a state-of-the-art breeding centre (opened in February 2014)

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 27: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Bayer GRDC Herbicide Innovation Partnership

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 27

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 28: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Summary

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 29: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Ag Innovation Investment in Australia

ldquoA Challenging Opportunityrdquo

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 29

Transformative Ag Innovation is a global activity

bull Australian needs to access global technologies to meet local challenges

bull RampD Collaboration is critical Cross Country Cross institution Cross company

Australia has opportunities

bull Unique environment drive specific skills amp opportunities

bull PIRD and ARC systems are real assets

Australia faces a key challenges

bull Distance Dollars Dis-Collaboration

We must develop a ldquoglobal innovation mindsetrdquo

bull Defend and grow our core structures Universities CSIRO PIRD

bull Build long term skills in global collaboration

bull Where we are global leaders lead

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 30: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

2015 Canberra Youth Ag Summit 238 million view Innovative Australian Agriculture

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 30

100 delegates 39 mentors 33

countries

Strong stakeholder

engagement FFN GRDC

Rabobank WWF CSIRO

MLA United Nations

In ANZ 250+ media clippings

reaching an audience of 32m

Thought leadership and

license to operate

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 31: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Forward-Looking Statements

This presentation may contain forward-looking statements based on current assumptions and forecasts

made by Bayer Group

Various known and unknown risks uncertainties and other factors could lead to material differences

between the actual future results financial situation development or performance of the company and the

estimates given here

These factors include those discussed in Bayerrsquos public reports which are available

on the Bayer website at wwwbayercom

The company assumes no liability whatsoever to update these forward-looking statements or to conform

them to future events or developments

bull ABARES Presentation bull Richard Dickmann bull Feb 1 2016 Page 31

Thank you

Page 32: Ag Innovation Investment in Australia · Ag Innovation Investment in Australia “A Challenging Opportunity” Page 29 • ABARES Presentation • Richard Dickmann • Feb 1, 2016

Thank you