CARGILL ANIMAL NUTRITIONBetter Nutrition for Better Lives

WE PRODUCE

INNOVATIVE,

TRANSFORMATIVE,

SUSTAINABLE

SOLUTIONS FOR

THE ANIMAL

PRODUCTION

INDUSTRY.

WE ARE ON A

MISSION TO

BRING BETTER

NUTRITION FOR

BETTER LIVES.

PROTEIN DEMAND

FOOD SECURITY

SUSTAINABILITY

TRANSPARENCY

CARGILL: OUR FOUNDATIONTO FEEDING A BETTER FUTURE

EMPLOYEES

150KLANGUAGES

SPEAKING

65+

150+YEARS OF

EXPERIENCECOUNTRIES

LOCATED IN

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THE CARGILL CONNECTION:

• Cargill supplies McDonald’s with all of

its cage-free eggs in the U.S.

• We generate more than $107.2 billion

in sales revenue annually

• If public, Cargill would be the

17th-largest Fortune 500 company

in the U.S.

RISK MANAGEMENT

TRANSPORTATION

CARGILL

ANIMAL

NUTRITION

FARMGATE

GRAIN

ORIGINATION

&TRADING

GRAIN

PROCESSINGFOOD MANUFACTURING

ANIMAL

PROTEIN

PRODUCTION

ANIMAL

PROTEIN

PROCESSING &

DISTRIBUTION

CO-OP

FOOD

MAKER

WE ARE THE HEART OF CARGILL’S SUPPLY CHAIN

CARGILL FEED

& NUTRITION

CARGILL PREMIX

& NUTRITION

CARGILL AQUA

NUTRITION

OUR PASSION. OUR IMPACT.

• We provide the highest-quality feed and

on-farm services

• #2 global compound feed producer

• 100+ years of Purina® innovation and expertise

• We have the greatest access to raw materials

• We deliver specialized and cutting-edge productsCARGILL FEED

& NUTRITION

OUR PASSION. OUR IMPACT.

• We are the #1 global premix producer

• Our products are in 12–15% of all globally

produced compound feed

• Our feed is specially formulated for every

customer, from by-the-scoop to the largest

feed mills in on the planet

• Delivering specialized and cutting-edge

products for our customers

CARGILL PREMIX

& NUTRITION

OUR PASSION. OUR IMPACT.

• Passionate to preserve our oceans and sustain

our natural resources

• One of the largest aqua feed companies in

the world

• Backed by 150+ years of nutritional expertise

• Strengthened by our merger with EWOS

in 2015CARGILL AQUA

NUTRITION

Tilapia

Salmon

Shrimp

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Target Species

Cargill Aqua Nutrition present in all

leading fish & shrimp feed markets

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Cargill fish & shrimp

EWOS

Plant location

EWOS Markets• Norway• Chile• United Kingdom• Canada• Vietnam

Cargill Top 5 Markets• Mexico/CA• Thailand• Ecuador• China• Indonesia

2

1

3

4

56

7

8

9

10

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Leading 12 markets1. China2. Norway3. Indonesia4. Chile5. Thailand6. Vietnam7. Egypt8. India9. Ecuador10. Brazil11. UK12. Philippines

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© 2014 Cargill, Incorporated. All rights reserved.Aquaculture Sustainability15

Global Shrimp Production: 1980 - 2016E

Farmed Shrimp Trade Flow

China

India

Viet Nam

Indonesia

ThailandPhilippines

United States of America

Malaysia

Korea, Republic of

Mexico

Peru

HondurasGuatemala

Venezuela, Boliv Rep of

Nicaragua

BangladeshEgypt

Myanmar

Chile

Ecuador

Nigeria

Kenya

Ghana

Uganda

Europe

Cargill Countries

New Countries

Japan

Production and Supply

Consumers

Source: Adapted from FAO (2016), Intrafish (2016), Cargill Mapping (2017).

-50%

-30%

-10%

10%

30%

50%

CAGR (%): Share (%) 2016

Latin America Farmed Shrimp:

Growth Rate and Market Share

Latin America 2030

Farmed shrimp production (KMton) 843

Net shrimp exports ranking 2nd (25% share)

• Annual growth rate of projected at 1.5% per annum to 2030.

• LatAm shrimp export market share to increase from 14% to 25% by 2030.

• Growth rate could be higher depending on China imports.

Source: Calculated based on World Bank (2013).

Latin American Shrimp Industry

CHALLENGES

1. Diseases

2. Genetics, Supply and Quality

3. Environmental (climate

change)

4. Financing (working capital

and for infra structure

investment)

5. Production Costs

OPPORTUNITIES

1. China Demand

2. Global Consumption

3. Production Practices:

• Automated feeders

• Closed systems

• Production Density

4. Industry Maturity

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Success Story: Naturisa in Ecuador

Look to shrimp!

Salmon industry: