Page 3 - VT Vibe Newsletter October 2022 (Final)

Message from Kyle

Welcome to the fall edition of the Viterra and food ingredients, along with a minority
Vibe. In each issue, we highlight our people ownership in two port terminals in the Pacific
and our projects, along with our community Northwest, Viterra is now one of the largest
investment initiatives and corporate players in global origination, marketing and
achievements. I’m pleased to say that there seaborne trade. We will not only be able
is once again plenty to share and celebrate, to create new opportunities for our farm
and I encourage you to take the time to find customers in that region, but we will do so for
out more in the following pages. our end use customers worldwide as well.

Globally, we are seeing several key export “I would also like to take
countries harvesting or about to harvest in this opportunity to remind
the coming weeks. In much of the US and everyone of the critical
parts of the EU, sustained drought conditions importance of safety in our
have had a sizeable impact on crop yields. business. Our results so far
However, in Australia, preparations are this year are not where they
underway once again for a large harvest need to be, and we need to
which would be its third straight bumper remember that we can never
crop. make compromises or be
complacent in this area. “

In Western Canada, harvest is approximately
92% complete. Current estimates put this I’m also pleased to share that we have
crop at about 82.5 million metric tonnes, with recently completed our two expansion and commitment to safety, and bring our
the record 83.1 MMT in 2020, and well above projects at Lethbridge and Winkler. Both of results back up to expectations.
the ten-year average of 73.4 MMT. these projects are the latest examples of
our ongoing and targeted efforts to optimize On a brighter note, we also launched our
our asset network and ensure we’re well
And as you’re aware, Viterra has officially positioned to provide our customers with eighth annual calendar campaign with STARS
closed its purchase agreement with Gavilon. great service. Read on for further details. to support its critical life-saving service.
You’ll recall that we initially announced our We’ve worked with STARS since 2015, and
agreement in January, and since then had through our continued partnership, we’re
been working on securing the necessary I would also like to take this opportunity to helping patients share their stories and
regulatory approvals to close the deal. remind everyone of the critical importance of supporting STARS in raising awareness of
safety in our business. Our results so far this their life-saving work. I encourage those
year are not where they need to be, and we of you working at our country locations to
We’re very excited to be integrating Gavilon’s need to remember that we can never make continue the great work you’ve been doing to
business into our global network. This is a compromises or be complacent in this area. encourage calendar and merchandise sales
significant acquisition that provides us with with our customers.
a strong foothold in the US, and fills the final I look forward to working with you to finish
geographical gap in our network as we now Our highest priority will always be that our the year strong. Thanks as always for your
have a major presence in every key growing employees go home safely after each and dedication to Viterra.
and exporting region worldwide. every shift, and it takes a concerted team
With the addition of Gavilon’s significant effort to make sure that this is the case each Kyle
storage and handling assets, extensive feed and every day. We need to renew our focus

At Viterra, people are our greatest strength.

Please visit our Careers page regularly for exciting new opportunities across our company.