Who is Monsanto?. Monsanto Serves Farmers Around The World Working With Growers Large And Small, Row Crops And Vegetables.

Who is Monsanto?

Monsanto Serves Farmers Around The WorldWorking With Growers Large And Small, Row Crops And Vegetables

Our Products And InnovationProviding Tools To Help Produce More, Conserve More, Improve Lives

• Row Crops: Corn, Soybeans, Cotton and Canola

• Vegetables: Open Field and Protected Culture

• Major Brands: DEKALB®, Asgrow®, Deltapine®, Seminis® and De Ruiter®

• Breeding

• Biotechnology

• Industry-leading pipeline

• Roundup® and Selective Chemistries

• Roundup Ready PLUS™ Platform

• Acceleron® seed treatment products

• Lawn and Garden

• Crops: Wheat, Sugarcane

• Precision Agriculture

OTHER PLATFORMS

AG PRODUCTIVITYSEEDS & GENOMICS

TECHNOLOGY/R&D

Headquarters: St. Louis, MO

Total employees: ~21,000

Global locations: >500

Net Sales (FY12) $13.5 billion

United States

Latin America North

Brazil

Argentina

EU 27

India

Australia

Who We AreA Global Company: Diverse In People, Products, Geographies

Corn Soybeans Cotton Vegetables Roundup®

Primary Markets

1980s 1990s 2000s

Monsanto Technology And Corporate Timeline

Monsanto Has Undergone Many Changes In The Past Decade, But The Technology Strategy Began Long Ago

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Molecular Bio Group Created

Mon Scientists Genetically Modify Plant Cell for First Time

Success Modifying Crops to Resist Roundup

U.S. Gov. Approves Roundup® for Use With Rr Soybeans, as Well as Approving Bollgard® Cotton

Success Modifying Crops for Insect Resistance

Solutia Spun OffMerger With Pharmacia

Initial Public Offering

A History of Innovation and New Product Introductions

We have introduced about one new product and/or technology each year in the United States since 1996. These products are aimed at delivering benefits to farmers.

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20121996

20002002

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20061997

19982007

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20082010

20112013

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Biotechnology Virus-Resistant Squash

Over 100 new commercial products yearly across: Tomato, Pepper, Eggplant, Pumpkin,, Cucumber, Melon, Watermelon, Squash, Onion, Carrot, Leek, Sweet Corn, Garden Bean, Broccoli, Cauliflower, Cabbage, Radish, Chinese Cabbage, Lettuce, Fennel and Spinach

Integrated IT Platform & Enabling

Technologies

Biotechnology

Breeding AgronomicSolutions

Our R&D Engine Is Evolving To Deliver Tomorrow’s Products As Systems Applied On-Farm

PRODUCT CONCEPTS BASED ON FARMERS’

NEEDS

R&D ENGINE PRODUCTS

GENES, GERMPLASM, CHEMISTRIES

SEED + CROP MANAGEMENT

DISEASES

WEATHER

Maximizing Yield Potential On Each AcreTakes A System Of Solutions

CHALLENGE:

Breeding BiotechAgronomic Solutions

WEED CONTROL

INSECT CONTROL

STRESS TOLERANCE

DISEASE CONTROL

OPPORTUNITY:Multiple R&D platforms = Multiple Solutions

In between the planting and harvesting of a crop, a lot of

factors can limit yield. Maximizing Total Yield Potential

TOTAL YIELD

Our Approach to Driving YieldA System of Agriculture Working Together to Boost Productivity

The science of improving plants by inserting genes into their DNA

BIOTECHNOLOGYBREEDING AGRONOMICS

The art and science of combining genetic material to produce a new seed

The farm management practices involved in growing plants

Notes

Certain statements contained in this presentation are "forward-looking statements," such as statements concerning the company's anticipated financial results, current and future product performance, regulatory approvals, business and financial plans and other non-historical facts. These statements are based on current expectations and currently available information. However, since these statements are based on factors that involve risks and uncertainties, the company's actual performance and results may differ materially from those described or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, among others: continued competition in seeds, traits and agricultural chemicals; the company's exposure to various contingencies, including those related to intellectual property protection, regulatory compliance and the speed with which approvals are received, and public acceptance of biotechnology products; the success of the company's research and development activities; the outcomes of major lawsuits and the previously announced SEC investigation; developments related to foreign currencies and economies; successful operation of recent acquisitions; fluctuations in commodity prices; compliance with regulations affecting our manufacturing; the accuracy of the company's estimates related to distribution inventory levels; the company's ability to fund its short-term financing needs and to obtain payment for the products that it sells; the effect of weather conditions, natural disasters and accidents on the agriculture business or the company's facilities; and other risks and factors detailed in the company's most recent periodic report to the SEC. Undue reliance should not be placed on these forward-looking statements, which are current only as of the date of this presentation. The company disclaims any current intention or obligation to update any forward-looking statements or any of the factors that may affect actual results.

Commercialization is dependent on multiple factors, including successful conclusion of the regulatory process. The information presented herein is provided for educational purposes only, and is not and shall not be construed as an offer to sell, or a recommendation to use, any unregistered pesticide for any purpose whatsoever. It is a violation of federal law to promote or offer to sell an unregistered pesticide.

The Genuity® DroughtGard™ Hybrids trait has been deregulated by the U.S. Department of Agriculture. Import approvals in key corn export markets with functioning regulatory systems are in progress. For 2013, DroughtGard™ Hybrids will be commercially available in the western great plains area to growers who have signed and agree to follow the Genuity DroughtGard Hybrids Stewardship Agreement. It is a violation of national and international law to move material containing biotech traits across boundaries into nations where import is not permitted.

Monsanto Company is a member of Excellence Through Stewardship® (ETS). Monsanto products are commercialized in accordance with ETS Product Launch Stewardship Guidance, and in compliance with Monsanto’s Policy for Commercialization of Biotechnology-Derived Plant Products in Commodity Crops. This product has been approved for import into key export markets with functioning regulatory systems. Any crop or material produced from this product can only be exported to, or used, processed or sold in countries where all necessary regulatory approvals have been granted. It is a violation of national and international law to move material containing biotech traits across boundaries into nations where import is not permitted. Growers should talk to their grain handler or product purchaser to confirm their buying position for this product. Excellence Through Stewardship® is a registered trademark of Biotechnology Industry Organization.

B.t. products may not yet be registered in all states. Check with your Monsanto representative for the registration status in your state.

B.t. products may not yet be registered in all states. Check with your Monsanto representative for the registration status in your state.

IMPORTANT IRM INFORMATION: Genuity® RIB Complete® corn blend products do not require the planting of a structured refuge except in the Cotton-Growing Area where corn earworm is a significant pest. Genuity® SmartStax® RIB Complete®, Genuity® VT Double PRO® RIB Complete® and Genuity® VT Triple PRO® RIB Complete® corn are blended seed corn products. See the IRM/Grower Guide for additional information. Always read and follow IRM requirements.

Roundup Technology® includes Monsanto's glyphosate-based herbicide technologies. Growers may utilize the natural refuge option for varieties containing the Bollgard II® trait in the following states: AL, AR, FL, GA, KS, KY, LA, MD, MS, MO, NC, OK, SC, TN, VA, and most of Texas (excluding the Texas counties of Brewster, Crane, Crockett, Culberson, El Paso, Hudspeth, Jeff Davis, Loving, Pecos, Presidio, Reeves, Terrell, Val Verde, Ward and Winkler). The natural refuge option does not apply to Bollgard II cotton grown in areas where pink bollworm is a pest, including CA, AZ, NM, and the above listed Texas counties. It also remains ALWAYS READ AND FOLLOW PESTICIDE LABEL DIRECTIONS. Roundup Ready® crops contain genes that confer tolerance to glyphosate, the active ingredient in Roundup® brand agricultural herbicides. Roundup® brand agricultural herbicides will kill crops that are not tolerant to glyphosate. Acceleron®, Asgrow®, Bollgard and Design®, Bollgard II and Design®, Bollgard II®, DEKALB®, Genuity Design®, Genuity Icons, Genuity®, Monsanto and Vine Design®, Respect the Refuge and Cotton Design®, RIB Complete and Design®, RIB Complete®, Roundup and Design®, Roundup Ready 2 Technology and Design®, Roundup Ready 2 Yield®, Roundup Ready®, Roundup Technology®, Roundup WeatherMAX and Design®, Roundup®, SmartStax and Design®, SmartStax®, Transorb and Design®, Vistive and Design®, VT Double PRO®, VT Triple PRO®, YieldGard Corn Borer and Design®, YieldGard Rootworm and Design®, YieldGard VT Rootworm/RR2®, YieldGard VT Triple®, YieldGard VT® and YieldGard® are trademarks of Monsanto Technology LLC. Deltapine® is a registered trademark of Monsanto Company. LibertyLink® and the Water Droplet Design® is a registered trademark of Bayer. Herculex® is a registered trademark of Dow AgroSciences LLC. Respect the Refuge and Corn Design® and Respect the Refuge® are registered trademarks of National Corn Growers Association. All other trademarks are the property of their respective owners. Seminis® is a registered trademark of Seminis Vegetable Seeds, Inc. De Ruiter Seeds Hybrid Seeds & Design® and De Ruiter® are registered trademarks of Monsanto Invest N.V.

©2013 Monsanto Company.

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