Corteva Announces Separation into Two Independent Companies

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Corteva stockholders of record as of September 24, 2026, will receive one share of Vylor common stock for every share of Corteva common stock held. The distribution is expected to be completed on October 1, 2026, and is intended to be tax-free for U.S. federal income tax purposes, except for any cash received in lieu of fractional shares. Corteva will not issue fractional shares and will instead pay cash to stockholders for any fractional entitlement.

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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.