CTVA · 8-K · 20260930PR408740

Strategic Business Separation

Corteva, Inc. · 2026-09-30 · Importance 31 · Surprise 42

Corteva’s planned separation would create two independent, publicly traded companies: one comprising its current crop protection business and the other comprising its current seed business, to be owned and conducted directly or indirectly by Vylor. The exchange offers for EIDP’s notes and the related consent solicitations are conditioned on consummation of the separation and will not be completed if the separation does not occur. Vylor expected exchange settlement substantially simultaneously with the separation, with the settlement date subject to extension to preserve that sequencing.

Key facts

• If remaining conditions are satisfied or, where permitted, waived, settlement of the exchange offers is expected on or about the first business day after the September 30, 2026 expiration date and substantially simultaneously with consummation of the separation. source
• Without consummation of the separation, the exchange offers and consent solicitations will not be consummated and the proposed amendments will not become operative. source
• The exchange offers and consent solicitations are conditioned on consummation of Corteva’s planned separation into two independent publicly traded companies: one comprising its current crop protection business and the other comprising its current seed business, to be owned and conducted directly or indirectly by Vylor. source