Sustainability report 2020

Our performance in 2020 Sustainable supply chains Viterra takes a risk-based approach when sourcing commodities from regions that may have a higher propensity for unsustainable practices. Soy from South America Deforestation within the soy supply chain, especially in the Amazon and Cerrado regions of Brazil and in Gran Chaco, Argentina and Paraguay is a global concern. We consider these three biomes to be high-risk areas and we are developing additional controls to monitor our origination programmes. Through the new Soy Sustainability policy for South America, Viterra is committed to eradicating deforestation and conversion of natural ecosystems from our soy supply chains, establishing that we will not source soy from suppliers traceable-to-origin that show deforestation or conversion of natural ecosystems after December 2025. Viterra works with both producers and our customers to ensure that increasing global demand is not at the expense of the environment. We updated our Soy sustainability policy for South America and underlying protocols with clear commitments including the goal of ending deforestation. We are committed to: • Increasing our share of soy that is traceable-to-origin, implementing a new traceability methodology in order to track 100% of the soy sourced in South America to the relevant level; to farm of origin in priority biomes and to municipality of origin in low risk areas • Reporting our progress on increasing traceability, whether it comes from direct or indirect suppliers • Integrating our procurement control systems with satellite; monitoring databases and the Brazilian Government’s Basin Restoration Program (PRODES) deforestation data; together with further support from a geographic information system to monitor land conversion by our suppliers. In 2020, Viterra initiated a project in Brazil to improve the administration of traceability information by further integrating back-office systems and internal functional processes. We joined collective industry-wide efforts around landscaping dialogues, yield improvements and eco- services. As a member of the Soft Commodities Forum (SCF), we published supply chain data on 25 priority municipalities in Brazil, on direct sourcing and traceability-to-farm. In 2020, we achieved 100% traceability-to-farm for all direct supplies in the priority municipalities; and increased direct supplies from 64.9% in 2019 to 94%. Viterra presided over the ANEC Sustainability Committee where we, together with other regional commodity traders, worked to progress traceability of indirect soy supplies. Direct sourcing contributes to more transparency and visibility and allows for monitoring land use changes at the farm and surrounding areas. The SCF collectively engaged in programmes with Solidaridad in Matopiba and with PCI in Mato Grosso, Brazil, to engage producers to find alternative pathways for expansion without contributing to land conversion. We are a long-term participant in the Amazon Soy Moratorium (ASM) and comply with all ASM commitments. Since the start of the 2006 moratorium, soybean production has contributed significantly less to Amazon deforestation. Viterra complies with Brazilian Institute of the Environment and Renewable Natural Resources’ (IBAMA) embargos, Brazil State Secretariat for the Environment’s (SEMA) state embargos, the Amazônia Protege project and the Green Grain Protocol of the state of Pará. After increasing our ownership share in Renova, Timbues in Argentina at the end of 2019, we also expanded our origination programme to include Paraguay, where the largest volume of soy originated from low risk areas in the eastern provinces. 51.5 +31.0 + 17.4 + R 11.7 million tonnes Total volume 51.5% Argentina 31% Brazil 17.5% Paraguay 63.3 + 36.6 + R 63.3% Soy traceability for our origination programmes in South America Viterra Sustainability report 2020 28