Page 3 - Viterra Vibe_June 2025 (Final)
P. 3

Message from Kyle












       Welcome to the summer edition         and consumers around the
       of the Viterra Vibe. The following    world. I look forward to this next
       pages are an excellent showcase       chapter of our business and the
       of our accomplishments as a           opportunities it will bring.
       team, and the steps we continue       In terms of our recent business
       to take to ensure our business        performance, our grain business
       is positioned for success today       continues to see relatively strong
       and in the years ahead. Please        volumes, while margins remain
       continue reaching out to us with      under pressure for the time being.
       your story ideas and we’ll do our     Our crush business has also
       best to include them.                 been impacted by lower margins,
       Of course, the big news in recent     however, the mandated biodiesel
       days is the regulatory approval       volumes recently released by
       we received from China to             the US are showing significant
       proceed with our merger with          increases for 2026 which has
       Bunge. This approval paves the        provided a more optimistic
       way for us to close our deal on       forward outlook.
       July 2. This is exciting news and
       is the culmination of two years        We are bringing together two
       of work from leaders across                                                our focus on safety, we will achieve
       both companies to ensure that         leading agricultural companies  the results expected of us.
       our business combination is             with highly complementary          In closing, I would like to thank
       successful. I’d like to thank                                              you for your dedication to Viterra.
       everyone involved for their efforts.    origination, processing, and       Over the last several years, we’ve
       Our strategic rationale for            distribution networks, which        built an industry leader thanks to
       merging has been clear since           puts us in a stronger position      your efforts. In the fall edition of
       we first announced the deal           to meet the increasing demand        this magazine, you will see a new
       just over two years ago. We are                                            name and brand, but it will remain
       bringing together two leading            for the food, feed, and fuel      a space where we recognize and
       agricultural companies with                  products we offer.            celebrate your hard work as we
       highly complementary origination,                                          continue to build on our success
       processing, and distribution                                               together.
       networks, which puts us in a          As I’ve stated before, the most      Stay safe,
       stronger position to meet the         important aspect of our business
       increasing demand for the food,       is safety. Our recent performance    Kyle
       feed, and fuel products we            has been negatively impacted by a
       offer. We will create value for       higher rate of recordable injuries,
       stakeholders across our network,      many of which could have been
       as we build on our shared             avoided. However, I’m confident
       purpose to connect producers          that if we renew and strengthen






                                  At Viterra, people are our greatest strength.
                   Please visit our Careers page regularly for exciting new opportunities across our company.
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