Corteva Begins New Chapter as Focused, Innovation-Led, Global Crop Protection Leader

Company completes spin-off of seed business, well positioned to advance its robust pipeline with 12 new actives, including 5 biologicals, for launch in the next decade

INDIANAPOLIS, Oct. 1, 2026 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced it has successfully spun off its advanced seed and genetics business and will move forward as a leading, pure-play global crop protection company.

"This is a new day for Corteva, and we couldn't be more excited as we move forward with greater focus, agility and a renewed commitment to innovation and operational excellence," said Corteva CEO Luke Kissam. "As the challenges facing agriculture continue to evolve, we're ready to meet the needs of the future with the industry's best people, portfolio and pipeline—advancing safe, effective and sustainable solutions that deliver for farmers, our channel partners and our shareholders."

Corteva begins this next chapter with strong momentum and a proven record of excellence in execution. Between 2020 and 2025, the crop protection business increased revenue by over $1 billion while expanding operating EBITDA margins by approximately 250 basis points on a segment basis. This progress includes establishment of an industry-leading biologicals and natural products platform, and intentional evolution of the company's product mix toward differentiated technologies—now representing ~65% of sales—to bring new, critically-needed innovations to farmers.

With an $11 billion crop protection pipeline, world-class R&D capabilities, including our microbial discovery, integrated development, and predictive safety platforms, Corteva's future growth will be driven by innovation farmers need most. Today, the company's nearly 9,000 employees serve growers in approximately 110 countries.

About Corteva
Corteva, Inc. (NYSE: CTVA) is a global crop protection company with a leading portfolio of differentiated solutions, including award-winning conventional chemistries and advantaged biologicals, seed-applied technologies and nature-inspired products that help farmers increase yields and protect crops from the stresses of weather, insects, weeds and diseases. Driven by a robust innovation pipeline, deep customer relationships, operational excellence, and disciplined capital allocation, Corteva is focused on creating value for its farmers, channel partners, employees, shareholders, and the communities in which it operates.

Cautionary Statement on Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements This Current Report on Form 8-K, including the information furnished pursuant to Item 8.01 and Item 9.01 hereto, contains certain forward-looking statements. Words such as "believe," "will," "plan," "may," "expect," "see," and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, Corteva's intent to separate and its related expectations for Corteva and Vylor. These forward-looking statements reflect management's current expectations and are not guarantees of future performance and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond Corteva's and Vylor's control. Important factors that may affect Corteva's or Vylor's respective businesses and operations and that may cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, whether the objectives of the separation will be achieved; the terms, structure, benefits and costs of any action or transaction resulting from the separation; the timing of any such separation or related action and whether any such separation will be consummated at all; the risk that the announcement of the intended separation could have an adverse effect on the ability of Corteva or Vylor to retain and hire key personnel and maintain relationships with customers, suppliers, employees, shareholders and other business relationships and on its operating results and business generally; the risk the separation could divert the attention and time of each company's management; the risk of any unexpected costs or expenses resulting from the separation process or separation itself; and the risk of any litigation relating to the separation, as well as the risks and uncertainties described in Corteva's and Vylor's risk factors, as they may be amended from time to time, set forth in their respective filings with the U.S. Securities and Exchange Commission. Corteva and Vylor disclaim and do not undertake any obligation to update, revise, or withdraw any forward-looking statement in this press release, except as required by applicable law or regulation.

For more information on Corteva's historical segment performance, please see the "Segment Information" footnotes to Corteva's consolidated financial statements in each of its annual reports on SEC Form 10-K.

SOURCE Corteva, Inc.