Corteva, Inc. and Subsidiaries Settle PFAS Claims with North Carolina

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The companies will collectively pay $455 million over 15 years, with Corteva's share being approximately $66 million. The settlement also impacts the companies' obligations under a prior Memorandum of Understanding, with the settlement payments counting towards the MOU's qualified spend cap and future escrow contributions being satisfied by these payments.

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About Corteva, Inc.

Corteva, Inc. is a leading global player in the agriculture industry, focused on providing innovative solutions to improve food security and crop productivity. Specializing as an agricultural chemical and seed company, Corteva offers a diverse range of hybrid seeds, crop protection products, and digital agricultural tools. Its products are designed to assist farmers in optimizing yields, enhancing resistance to pests and diseases, and improving the overall sustainability of farming practices. With a strong commitment to research and development, Corteva invests heavily in creating advanced seed varieties and eco-friendly crop protection chemicals. These solutions cater to farming needs across various geographical regions, addressing the challenges of different climates and growing conditions. Operating in an industry crucial for the global food supply chain, Corteva’s role is vital in supporting the backbone of agricultural productivity. Established as a result of the separation from DowDuPont in 2019, Corteva is headquartered in Wilmington, Delaware. It serves a pivotal role in addressing the growing global demand for efficient and sustainable agricultural practices, influencing both modern agricultural production and market trends in the sector.