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Chuck Magro, Chief Executive Officer

Chuck Magro was appointed chief executive officer of Vylor in 2026. Before leading Vylor, he served as CEO of its heritage company, Corteva, from 2021 to 2026. During his tenure at Corteva, the company experienced significant growth and margin expansion, improving EBITDA margins by over 560 basis points and returning more than $5.6 billion in cash to shareholders through share repurchases and dividends. Prior to Corteva, Magro was president and CEO of Nutrien from its launch in 2018 until April 2021, where he guided the company through numerous mergers and acquisitions, expanding its global presence and restructuring the industry. From 2014 to 2018, he was president and CEO of Agrium, which merged with Potash Corporation of Saskatchewan to form Nutrien.

David Johnson, Chief Financial Officer

David Johnson joined Vylor's heritage company, Corteva, as CFO in 2024. He is an experienced chief financial officer with more than three decades of experience in strategic and financial planning, risk assessment, mergers and acquisitions, and global tax strategies. Before Corteva, he served as vice president, chief financial officer, and chief accounting officer at Atkore, a publicly traded company specializing in electrical, safety, and infrastructure solutions. During his six years at Atkore, the business underwent transformation through acquisitions and organic growth investments. Earlier in his career, Johnson spent 29 years at Eaton Corporation, a power management company.

Judd O'Connor, Chief Commercial and Operations Officer

Judd O'Connor previously served as Executive Vice President of the Seed Business Unit before assuming his current role as Chief Commercial and Operations Officer.

Sam Eathington, Chief Technology Officer

Sam Eathington was formerly the Executive Vice President, Chief Technology and Digital Officer, prior to becoming Chief Technology Officer.

Audrey Grimm, Chief People Officer

Audrey Grimm holds the title of Chief People Officer at Vylor.

Vylor (VYLR), an advanced seed and genetics company recently spun off from Corteva Inc., faces several key risks inherent to its business and its recent separation.

Key Risks to Vylor (VYLR)

1. Ongoing Litigation Regarding PFAS Liabilities: Vylor is exposed to ongoing state litigation related to legacy chemical operations, specifically regarding PFAS liabilities, which originated from its former parent company, Corteva. California and 20 other state attorneys general have argued that the spin-off could reduce assets available to cover these potential liabilities, an assertion Corteva has denied as speculative. Despite courts declining to delay the spin-off, the dispute remains unresolved on its merits, posing a continuing legal and financial risk to Vylor.

2. Challenges of Operating as a Standalone Entity Post-Spin-Off: As a newly independent company, Vylor faces risks associated with establishing its operations separate from Corteva. These include the complexities and potential costs of disentangling shared systems, the market's valuation of Vylor as a pure-play seed and genomics company compared to a more diversified entity, and the critical need to retain key personnel and maintain strong relationships with customers, suppliers, and other business partners following the separation.

3. Dependence on Intellectual Property and Continuous Innovation: Vylor's business model as a leader in seeds and crop genomics is heavily reliant on its extensive portfolio of germplasm and biotechnology patents, numbering over 4,000 and 2,000, respectively. The company invests significantly in research and development to generate new products. A key risk is the potential for sales and profit growth to be impacted if patents expire or if competitors successfully develop rival products, underscoring the necessity for sustained innovation to maintain its competitive edge.

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The addressable markets for Vylor's main products and services, which include advanced seeds and genetics for crops such as corn, soybeans, and wheat, as well as agricultural biotechnology, are substantial on a global scale.

The global seeds market was valued at approximately USD 63.44 billion in 2025 and is projected to grow to USD 116.03 billion by 2034, with a compound annual growth rate (CAGR) of 7.05% from 2026 to 2034. Another estimate places the global seeds market at USD 67.9 billion in 2025, reaching USD 109.1 billion by 2033, at a CAGR of 6.5% for the period of 2026-2033. The commercial seeds segment accounts for the largest share of the market.

Key regional market sizes within the global seeds market include:

• North America: This region commanded a 34.6% share of the global seed market in 2024.
• Asia Pacific: This region dominated the seeds market with a 35.61% share in 2025 and is projected to grow at an 8.56% CAGR, reaching USD 22.59 billion in 2025.
• South America: The market in South America was valued at USD 5.95 billion in 2025, with a projected CAGR of 7.31%.

The global agricultural biotechnology market, encompassing Vylor's focus on advanced genetics and gene editing, was valued at USD 151.23 billion in 2024 and is forecast to reach USD 212.57 billion by 2030, growing at a CAGR of 7.1% from 2025 to 2030. Other estimates for this market include USD 60.09 billion in 2025, rising to USD 152.59 billion by 2034 with a 10.91% CAGR.

Within agricultural biotechnology, the global genetically modified (GM) seeds market, a core area for Vylor, was valued at USD 30.3 billion in 2024 and is expected to reach approximately USD 63.0 billion by 2034, exhibiting a CAGR of 7.6% from 2025 to 2034. Corn is the largest crop type within this market, holding a 39.8% share in 2025.

Specific crop seed market sizes (global):

• Corn Seed Market: Valued at USD 33.01 billion in 2025, estimated to reach USD 35.42 billion in 2026, and projected to grow to USD 62.24 billion by 2034, at a CAGR of 7.3%. North America held a 34.4% share of the global corn seed market in 2025 and accounted for 49.62% in 2025, with a projected CAGR of 7.08% to 2031.
• Soybean Seed Market: Valued at USD 11.79 billion in 2025, estimated to reach USD 12.54 billion in 2026, and projected to reach USD 20.57 billion by 2034, with a CAGR of 6.38%. North America held a 42.90% market share in 2025. South America accounted for approximately 29.2% of the global soybean seed market in 2022.
• Wheat Seed Market: Valued at USD 5.36 billion in 2025, estimated to reach USD 5.62 billion in 2026, and projected to reach USD 8.21 billion by 2034, with a CAGR of 4.85%. North America is the largest market for wheat seeds, holding approximately 40% of the global share. Europe led with a 44.8% share in 2025, and Asia-Pacific accounted for 47.3% of the global wheat seed market in 2024.

Expected drivers of future revenue growth for Vylor (VYLR) over the next 2-3 years include:

1. Launch of New Technology Platforms and Products: Vylor has a robust technology pipeline, including 12 major platform launches across corn, soybeans, and wheat over the next decade. Specifically, the Xpedite hybrid wheat system is anticipated to launch in North America in late 2027. Additionally, seven new corn technology platforms are planned to begin rolling out in 2028, featuring advanced genetic traits designed to significantly improve yield and stability.
2. Growth in Licensing Income: The company projects a substantial increase in licensing income through its Vylor One initiative. This income is expected to exceed $500 million in 2027, growing to $1 billion by 2035, indicating a strong short-term revenue boost from this stream.
3. Increased Farmer Adoption of Advanced Seeds and Genetics: Vylor's focus on groundbreaking innovation, such as the development of genetically edited corn platforms resistant to multiple diseases and new corn genes that have shown average yield increases in trials, is expected to drive higher adoption rates among farmers. These advancements provide solutions for improved yield potential and reduced crop management complexity, leading to increased sales.
4. Expansion into New Row Crops and Markets: Vylor aims to strengthen its core business by exploring opportunities to expand into new row crops and potentially beyond. This strategic market expansion could open new avenues for revenue generation by reaching a broader customer base and diversifying its product offerings.

Share Repurchases

• Vylor's future plans include funding growth investments and supporting dividends and buybacks.

Share Issuance

• Vylor became an independent, publicly traded company on October 1, 2026, through a pro rata distribution of all outstanding Vylor common shares to Corteva common shareholders.
• Each Corteva stockholder of record as of September 24, 2026, received one share of Vylor common stock for every share of Corteva common stock held.
• Approximately 667.2 million shares of Vylor are outstanding.

Inbound Investments

• Vylor expects to be allocated approximately $5.7 billion in debt as part of its separation from Corteva.

Outbound Investments

• Vylor has a $19 billion technology pipeline and plans 12 major platform launches across corn, soybeans, and wheat over the next decade.
• Vylor plans to invest about 10% of its sales into research and development efforts, including gene editing, plant genetics, biotechnology, hybrid wheat, and advanced breeding platforms.
• Vylor partnered with Rainbow Crops to accelerate the development of novel gene-edited corn traits.

Capital Expenditures

• Capital expenditures for the trailing twelve months (TTM) were -$348.00 million.
• A primary focus of future capital allocation is investing in technology and innovation to drive value for farmers.
• Vylor plans to launch seven new corn technology platforms starting in 2028, four new soybean platforms by 2035, and its Xpedite hybrid wheat system in North America in late 2027.