CTVA · 8-K · 20261001PR409840

Strategic Business Separation

Corteva, Inc. · 2026-10-01 · 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 and consent solicitations were conditioned on consummation of the separation; as of September 30, 2026, all other conditions had been satisfied. The separation and settlement of the exchange offers were expected on or about October 1, 2026, subject to satisfaction or waiver of the remaining conditions.

Key facts

• Settlement of the Exchange Offers and Consent Solicitations was expected substantially simultaneously with the Separation, expected on or about October 1, 2026, subject to satisfaction or waiver of the applicable conditions. source
• The Exchange Offers and Consent Solicitations were conditioned, among other things, on consummation of Corteva’s planned separation into crop protection and seed businesses, with the seed business to be owned and conducted directly or indirectly by Vylor. source
• As of September 30, 2026, all conditions to the Exchange Offers and Consent Solicitations other than consummation of the Separation had been satisfied. source
• An event, change, or other circumstance could lead to termination of the Exchange Offers and Consent Solicitations and/or the Separation, and termination of the Separation could affect Corteva or its subsidiaries. source
• The Exchange Offers and Consent Solicitations could be affected by adverse general economic and capital markets conditions or by conditions to the offers or Separation not being satisfied or waived. source
• The Separation may involve legal proceedings and unexpected costs, charges, or expenses. source