1. Roundup Ready 2 Yield Extends Monsanto’s Leadership
Yield
Dicamba‐Tolerance
Vistive III
AND OTHER IMPROVED OIL‐PROFILE TRAITS
Insect‐Protection
Roundup Ready 2 Yield
CHANGE
STEP
2008 2009 AND BEYOND
Roundup
Ready
© 2008 Monsanto Company

2. Roundup Ready 2 Yield Is The New Standard
THE R&D STANDARD
Roundup Ready 2 Yield
> First‐ever launch with both advanced
symbolizes Monsanto’s breeding capabilities + biotech yield
R&D acumen, breakthrough
> “High‐Impact Technology”
extended competitive redefines deploying resources
for larger commercial impact
leadership, and > Designed with robust future
greater pipeline and stacking
strategy in mind
opportunity
THE COMPETITIVE THE NEW
STANDARD OPPORTUNITY
> Ushers in shift from “weeds
> Delivered on time, as promised
and bugs” to yield traits
with step‐change yield
enhancement > Becomes the first truly platform
trait
> Helps address growing need for yield to
meet food and feed and fuel demands
© 2008 Monsanto Company

3. Monsanto Continues to Extend Our Leadership
DuPont Syngenta
2009
2nd‐Gen Option to License
2011
Soybean Roundup Ready 2
Roundup Optimum®GAT®³
Trait Ready 2 Yield¹ Yield⁶
2012
All‐in‐One
2010 No Specified
Corn Trait Optimum Platform⁷
SmartStax
Platform AcreMax™ Plus⁴
Biotech
Drought
2012+² 2014+⁵ Post‐2014⁸
Tolerance
Corn
1. Controlled commercial release of 1‐2M 3. Optimum® and GAT® are registered 6. Press Release: “Monsanto and Syngenta
acres; Large‐scale launch of 5‐6M in 2010 trademarks of Pioneer Hi‐Bred; Date as Reach Royalty‐Bearing Licensing
stated in DuPont press release 07‐17‐08 Agreement on Roundup Ready 2 Yield
2. First trait in the Drought‐tolerant corn Soybean Technology,” 05‐23‐08
family, currently Phase III 4. AcreMax™ is a trademark of Pioneer Hi‐
Bred; Date as stated by William S. Niebur, 7. No specified platform indicated via Corn
Ph.D., Merrill Lynch Agricultural Chemicals Technology Pipeline, Syngenta Half Year
Conference, 06‐05‐08, Slide 14 Results Presentation, 07‐24‐08, Slide 22.
Relevant component traits: VIP/Broad lep:
5. Ibid, Slide 23 2009 and RW dual mode of action: 2012
8. Ibid.
© 2008 Monsanto Company

4. SmartStax Ushers Technology Acceleration
Cold Tolerance
CONTINUOUS
CRW III
UPGRADES
Nitrogen‐Use Efficiency
Drought Tolerance II
Yield I
Drought Tolerance I
SmartStax
CHANGE
STEP
2008 + 2009 2010 AND BEYOND
© 2008 Monsanto Company

5. Monsanto Continues to Extend Our Leadership
DuPont Syngenta
2009
2nd‐Gen Option to License
2011
Soybean Roundup Ready 2
Roundup Optimum®GAT®³
Trait Ready 2 Yield¹ Yield⁶
2012
All‐in‐One
2010 No Specified
Corn Trait Optimum Platform⁷
SmartStax
Platform AcreMax™ Plus⁴
Biotech
Drought
2012+² 2014+⁵ Post‐2014⁸
Tolerance
Corn
1. Controlled commercial release of 1‐2M 3. Optimum® and GAT® are registered 6. Press Release: “Monsanto and Syngenta
acres; Large‐scale launch of 5‐6M in 2010 trademarks of Pioneer Hi‐Bred; Date as Reach Royalty‐Bearing Licensing
stated in DuPont press release 07‐17‐08 Agreement on Roundup Ready 2 Yield
2. First trait in the Drought‐tolerant corn Soybean Technology,” 05‐23‐08
family, currently Phase III 4. AcreMax™ is a trademark of Pioneer Hi‐
Bred; Date as stated by William S. Niebur, 7. No specified platform indicated via Corn
Ph.D., Merrill Lynch Agricultural Chemicals Technology Pipeline, Syngenta Half Year
Conference, 06‐05‐08, Slide 14 Results Presentation, 07‐24‐08, Slide 22.
Relevant component traits: VIP/Broad lep:
5. Ibid, Slide 23 2009 and RW dual mode of action: 2012
8. Ibid.
© 2008 Monsanto Company

6. Monsanto Simple Philosophy on Opportunity:
More demand requires more YIELD
More yield requires more INNOVATION
More innovation delivers more GROWTH
© 2008 Monsanto Company