Bayer CropScience Limited. — Investor Presentation 2023

Jun 1, 2023

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June 01, 2023

To, General Manager, DCS - Corporate Relationship Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

SECURITY ID : BAYERCROP SECURITY CODE : 506285

Dear Sir,

Sub: Bayer CropScience Limited - Presentation at the Investor Meet being held on June 01, 2023

In furtherance of our letter dated May 25, 2023, please find enclosed herewith the presentation that will be made at the Investor Meet of Bayer CropScience Limited being held on Thursday, June 01, 2023.

Request you to kindly take the said presentation on record.

Bayer CropScience Ltd. CIN: L24210MH1958PLC011173

Registered and Corporate Office: Bayer House Central Avenue Hiranandani Estate Thane (West) – 400 607 Maharashtra, India

Tel : +91 22 2531 1234 Fax : +91 22 2545 5063 www.bayer.in www.cropscience.bayer.com

Thanking you,

Yours faithfully, for Bayer CropScience Limited

NIKUNJKU Digitally signed by NIKUNJKUMAR MAR JAYSUKHLAL JAYSUKHLA SAVALIYA Date: 2023.06.01 L SAVALIYA 15:01:52 +05'30'

Nikunjkumar Savaliya

Company Secretary and Compliance Officer

Encl.: As above

Bayer CropScience Limited Annual Investors’ Meet

///////// June 01, 2023

Caution regarding forward-looking statements and Company Disclaimer

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current
lead to
These
on the
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This presentation may contain forward-looking statements based on current assumptions and forecasts made by the Bayer management.

Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at https://www.bayer.com/en/.

The assumes no whatsoever to these company liability update forward-looking statements or to conform them to future events or developments.

/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023

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Outlook & Financial highlights

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Financial performance

Business update Strategic growth drivers

Key takeaways

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D Narain

Vice Chairman, Managing Director and CEO, BCSL

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India has the unique opportunity to lead global agriculture in the decades ahead

Inclusive transformation with smallholder farmers

India to become major exporter of food

Focus on Regenerative Agriculture

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Increasing domestic demand (population growth and constant acreages) and exports

Increasing awareness about good agriculture practices

Need for food Need for high security & Yields nutrition Increasing Digitalization Commodity Focus on crop Focus on Crop Prices& Qualityquality Mechanization Key Drivers Climate Need to Energy & Opportunity in change compete in Water export market leading to export market shortages water scarcity Labor shortage Collectivization / of farmers Mechanization Stringent global residue level standards

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Climate change & increased irrigation costs Labor shortage leading to faster adoption of technology

Precision Ag & data-based decision making

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Partnership & Perform Transform Sustainability

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Simon Britsch

Executive Director & Chief Financial Officer, BCSL

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Perform Transform

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/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023

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Financial Highlights 2022 -23

Revenue from 51,397 Operations +8.6% i n ₹ mio; % yoy EPS 169 i n ₹; % yoy +17.5% DPS* 130 i n ₹ DPR* 77% i n % ROCE 33% i n %;  bps +190 bps

strong liquidation, value and volume growth

managed inflationary pressure

interim dividend of ₹ 100 per share proposed final dividend of ₹ 30 per share significant sharing of profit with our owners

improved profitability and capital efficiency

EPS = Earnings (after exceptional items & tax) per Share DPS = Dividend declared per Share DPR = Dividend payout ratio = DPS/ EPS

*Final Dividend of ₹30.00 per share subject to shareholders approval ROCE = Return on Capital Employed

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/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023

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Sustainability
at the core of our activities
Total
1,344
Total volume of
Employees
Male : 79% Female : 21% water consumption:
Energy from 44,853 kilolitres
renewable sources:
290 joules
(0.6 % of total)
New Hires
Male : 69% Female : 31%
Safe & Healthy ESG Total waste (in
workplace for all metric tons)
employees generated: 5,205
recovered: 1,040
Acting responsibly
disposed: 4,091
along the entire
value chain
All employees GHG emissions
100% of value chain
covered by well Scope 1:
being measures partners assessed 1,637 tCO2e
for health, safety
Scope 2:
practices & working 2,290 tCO2e
conditions
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/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023
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Revenue from Operations [in ₹ Mio] Earnings per share [in ₹]
12.5%
51,397
47,344 16.9%
42,613
36,094 169
144
106 110
2019-20 2020-21 2021-22 2022-23
2019-20 2020-21 2021-22 2022-23
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sustaining margins despite inflationary pressure and supply chain challenges

strong growth driven by broadening the smallholder reach, new launches and brand building activities

continuous investment into long term growth

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Cumulated Cashflow [+] vs Dividend [in ₹ Mio] Return on Capital Employed
33%
21,774
87% 31% 31%
15,681
13,526 83%
6,659 47%
28%
17%
2019-20 2020-21 2021-22 2022-23
2019-20 2020-21 2021-22 2022-23
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Return on Capital Employed

conversion rate of 69% of Profit (before Exceptional Items & Tax) into Cashflow from Operations focus on working capital management driven by strong collections

continuous execution of efficient capital management

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Simon-Thorsten Wiebusch

Whole-time Director, BCSL

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Continued growth momentum in both Crop Protection and
Seeds portfolio; well supported by Go-To-Market innovations
Sales Liquidation Weather Commodity Price Acreages
Top contributors Vayego, Strong Liquidation growth Good monsoon though Commodity prices Acreages increase in key
Laudis and Council Active in CP & Seed portfolio with uneven state wise continued to be in favour crops e.g. Corn, Rice,
Growth driven by over last year spread of farmers Chilli, Cotton in Kharif
Horticulture, Corn, Paddy Efforts on new launches UP state on the receiving Field crops have seen Higher acreages driven
& Corn Seeds business like Council Active and end of adverse impact very high surge e.g. by commodity prices,
achieved record sales Vayego reaping benefits Lower Fungicides usage, Cotton, Soybean water availability thus
volume in key crops increased Herbicides Horticulture crop like expectation of high ROI
Customer focused Brand Crop Systems solutions - usage Chilli also helped farmers Rabi acreage increment
building activities resulted holistic Crop protection Dam water storage to get better ROI by 3-4% over last year
in high demand for key for farmers helped for better Rabi same period
Brands Channel inventory lower
than last year same
period
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/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023
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Perform

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Transform

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Collectivization Mechanization Digitalization Sustainability

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/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023

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Transformational journey to deliver societal needs
Nutrition/
Exports
Horticulture
Portfolio
Sustainability
Rice
Seed Crop Agronomic
External
Protection expertise
Protein/ Fuel Corn Tailored engagement
Solutions Digital
Partnering
Cotton capabilities
Talent
Fiber
Oil Seeds management
Digital Farming
Go-To-Market
Import
reduction
Societal Needs Crop Focus Interventions Execution Pillars
/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023
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Continue to invest in long term growth drivers

Value creation for all stakeholders

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Food & Nutritional Security Sustainable Agriculture

Improving Farmer Income & Livelihood

R&D, Partnerships Digitalization Food Value Innovation & & Chain & Technology Collaborations Mechanization Direct Seeded Regenerative Safe Carbon Rice Cropping Agriculture Manufacturing Farming System Farmer Better Life Tailored Producer Sahbhaagi Farming Solutions Organizations

A COLLABORATIVE ECOSYSTEM to solve for agriculture’s biggest challenges

*initiatives pertain to other Bayer legal entities in India

/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023

Collectivization

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1,566 10 BLF Centers States with significant presence

10+

Input Partners

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Quality farm input

Agri information and training

Sustainable agronomic practices

Irrigation technology

Market linkage

Financial solutions

Community empowerment and development

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96+ 540,000+ 12k MT Women AgriSmallholder Farmer Offtake from160 Entrepreuner Reach centers (paddy, veg, cereals)

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Collectivization

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Empowering FPOs to get access to modern technology, extension services and joint training on Good Agricultural Practices

Government’s Plan

Bayer’s Vision

Overall scale

Current Status

22,000 FPOs. 8,000 in Input Business 10 Mn Farmer base 150K Villages Coverages

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FPO Connect: 3115 FPO Retails Shop Reach: 2,150 Women Collective Reach : 20 Women farmer reach: 6,000

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Needs of FPOs

Likely Impact

Increased reach for business expansion Alternate source of revenue Reinforce License to operate Supports sustainability goals

Access to quality inputs Capacity building for sustainability Market Linkages for value chain support Viability of farming as a Business for SHFs Knowledge gap

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Govt’s statewise FPO scale-up plan

FPO= Farmer Producer Organization SHF= Smallholder Farmer

/// Bayer Crop Science - Annual Investors’ Meet /// June 03, 2023/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023

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Mechanization

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Ground report - Drone Commercial Spray

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Soybean Badnagar, Ujjain – 18.08.22

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Chilli Guntur, - 23.11.2022

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Corn Sathupally, Telangana 25.01.2023

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Paddy Sindhanur, Karnataka 20.01.2023

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/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023

Digitalization

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SOCIAL MEDIA

214k 30Mn

17Mn

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Campaigns selected by
Google as a case study
/// Bayer CropScience Limited - Annual Investors’ Meet /// June 01, 2023
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22 Crops
9 Languages
Advisory
15 States 180 Mandis
REACH 40% increase in reach in 2023
120K+ authentication scans since
ACF
launch in Nov ‘22
IDR 12K+ diseases/pests diagnosed
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Sustainability

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Ground report - Drone Commercial Spray Soya Badnagar, Ujjain – 18.8.22

Chilli Guntur, - 23.11.2022 Paddy Sindhanur, Karnataka 20.01.2023

Drone spray video

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Significant growth opportunity for Indian agriculture. ~150 million farmers to feed more than 1.4 billion people
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Thank you !!

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Corporate Office: Bayer CropScience Limited Bayer House, Central Avenue Hiranandani Estate Thane-400607, Maharashtra India Ir_bcsl@bayer.com