Business description: Adecoagro S.A.

Adecoagro S.A. is a holding company. The Company is involved in a range of businesses, including farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production and land transformation. The Company is organized into three main lines of business: farming; land transformation, and sugar, ethanol and energy. Its agricultural activities consist of harvesting certain agricultural products, including crops, rough rice and sugarcane, for sale to third parties and for internal use as inputs in its various manufacturing processes, and producing raw milk. Its manufacturing activities consist of selling manufactured products, including processed rice, sugar, ethanol and energy, among others, and providing services, such as grain warehousing and conditioning and handling and drying services, among others. The Company's land transformation activities consist of the acquisition of farmlands or businesses with underdeveloped or underutilized agricultural land.

Number of employees: 8,896

Sales by Activity: Adecoagro S.A.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Sugar, Ethanol and Energy

411M 562M 631M 722M 708M

Farming - Dairy

135M 173M 236M 247M 284M

Farming - Rice

103M 131M 204M 256M 248M

Farming - Crops

170M 229M 275M 217M 236M

Unallocated Adjustment

-4.71M 26.63M -3.98M -144M 42.53M

Farming - ALL Other Segments

2.54M 3.49M 5.84M - -

Geographical breakdown of sales: Adecoagro S.A.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Uruguay

21.68M 428M 473M 632M 551M

Argentina

389M 284M 374M 402M 481M

Brazil

412M 386M 494M 401M 436M

Chile

- - - 7.02M 8.82M

Others

- 77K 11.21M - -

Executive Committee: Adecoagro S.A.

Manager TitleAgeSince
Corporate Officer/Principal 59 2002-08-31
Chief Executive Officer 57 2002-08-31
Director of Finance/CFO 50 2023-02-08
Investor Relations Contact - -
General Counsel - 2011-06-30

Composition of the Board of Directors: Adecoagro S.A.

Director TitleAgeSince
Director/Board Member 57 2002-08-31
Director/Board Member 57 2014-04-15
Director/Board Member 61 2017-12-31
Director/Board Member 50 2024-04-16
Director/Board Member 56 2025-04-29
Director/Board Member 67 2025-04-29
Chairman 45 2025-04-29

Shareholders: Adecoagro S.A.

NameEquities%Valuation
Tether Holdings SA de CV
105.79 %
105,880,368 105.79 % 938 M $
PGGM Vermogensbeheer BV
15.37 %
15,381,385 15.37 % 136 M $
Sparta 24 Ltd.
2.198 %
2,200,278 2.198 % 19 M $
1.873 %
1,875,000 1.873 % 17 M $
Qatar Investment Authority (Investment Management)
1.328 %
1,329,266 1.328 % 12 M $

Company details: Adecoagro S.A.

Adecoagro SA

28, Boulevard F.W. Raiffeisen

2411, Luxembourg

+352 2644 9494

http://www.adecoagro.com
address Adecoagro S.A.(AGRO)

Group companies: Adecoagro S.A.

NameCategory and Sector

Sugar & Artificial Sweeteners

Change 5d. change 1-year change 3-years change Capi.($)
-0.23%-2.70%-11.64%+6.27% 1.22B
+6.86%+24.22%+78.31%+279.45% 2.79B
-1.46%+1.66%-6.35%-36.84% 2.41B
+1.45%-0.02%-0.29%+12.72% 2.07B
+0.20%-2.14%+73.47%+118.96% 1.5B
0.00%0.00%+101.66%+304.44% 1.26B
0.00%+0.00%+97.78%+346.67% 1.1B
-0.43%+4.24%+8.07%+25.50% 1.04B
-1.82%-7.37%+25.67%-0.53% 992M
-1.22%+2.12%-32.46%-43.25% 969M
Average +0.34%+1.83%+33.42%+101.34% 1.54B
Weighted average by Cap. +0.99%+3.65%+34.97%+107.67%
Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
8.650USD
Average target price
10.64USD
Spread / Average Target
+23.04%

Quarterly revenue - Rate of surprise

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