1. Jim Borel, Executive Vice President, DuPont
February 26, 2014
BANK OF AMERICA MERRILL LYNCH
GLOBAL AGRICULTURE CONFERENCE 2015
2. 2
Regulation G
The attached charts include company information that does not conform to generally accepted accounting principles (GAAP). Management believes that an analysis of this data is
meaningful to investors because it provides insight with respect to ongoing operating results of the company and allows investors to better evaluate the financial results of the company.
These measures should not be viewed as an alternative to GAAP measures of performance. Furthermore, these measures may not be consistent with similar measures provided by
other companies. This data should be read in conjunction with previously published company reports on Forms 10-K, 10-Q, and 8-K. These reports, along with reconciliations on non-
GAAP measures to GAAP are available on the Investor Center of www.dupont.com under Key Financials & Filings. Reconciliations of non-GAAP measures to GAAP are also included
with this presentation.
Forward Looking Statements
This document contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “believes,” “intends,” “estimates,” “anticipates” or other
words of similar meaning. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development,
regulatory approval, market position, anticipated benefits of recent acquisitions, timing of anticipated benefits from restructuring actions, outcome of contingencies, such as litigation and
environmental matters, expenditures and financial results, are forward looking statements. Forward-looking statements are not guarantees of future performance and are based on
certain assumptions and expectations of future events which may not be realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond the
company’s control. Some of the important factors that could cause the company’s actual results to differ materially from those projected in any such forward-looking statements are:
fluctuations in energy and raw material prices; failure to develop and market new products and optimally manage product life cycles; ability to respond to market acceptance, rules,
regulations and policies affecting products based on biotechnology; significant litigation and environmental matters; failure to appropriately manage process safety and product
stewardship issues; changes in laws and regulations or political conditions; global economic and capital markets conditions, such as inflation, interest and currency exchange rates;
business or supply disruptions; security threats, such as acts of sabotage, terrorism or war, weather events and natural disasters; ability to protect and enforce the company's intellectual
property rights; successful integration of acquired businesses and separation of underperforming or non-strategic assets or businesses and successful completion of the proposed spinoff
of the Performance Chemicals segment including ability to fully realize the expected benefits of the proposed spinoff. The company undertakes no duty to update any forward-looking
statements as a result of future developments or new information.
Developing Markets
Total developing markets is comprised of Developing Asia, Developing Europe, Middle East & Africa, and Latin America. A detailed list of all developing countries is available on the
Earnings News Release link on the Investor Center website at www.dupont.com.
3. Decisions Driven by Three Strategic Priorities…
3
AGRICULTURE
& NUTRITION
BIO-BASED
INDUSTRIALS
ADVANCED
MATERIALS
Extend leadership across the
high-value, science-driven
segments of the Ag and Food
value chain.
Develop world-leading
industrial biotech capabilities
to create transformational new
bio-based businesses.
Strengthen and grow leading
position in differentiated
high-value materials through
science-based solutions.
Higher Growth, Higher Value Company
Through Three World-Leading Positions
4. 20302020
3.25
2009
1.85
Other
North America
Asia-Pacific
Europe
4.88
Emerging Middle Class (Billions)
3 B
1+
B
650
700
750
800
850
900
950
1000
2004
2006
2008
2010
2012
2014
Consumption Production
Million MT
Global Demand Growth for Grain
Global Corn
4
Long-term, Sustainable Demand Remains Intact
Data Source: United Nations, OECD and USDA.
5. DuPont Is Uniquely Positioned
Leading Capabilities Across Four Innovation Platforms
5
INNOVATION PLATFORMS
Services
Trusted Partner
Biologicals
Emerging Discoveries & Pipeline
Chemistry
Leading Products & Pipeline
Seed
Germplasm, Traits, Locally Advanced
Integrated Solutions to Challenges in Agriculture
6. Brazil
Central
and
Eastern
Europe
Western
Canada
India China
Germplasm
Improvement
Optimum® AcreMax®
Optimum® AQUAmax®
EncircaSM Services
T Series soybeans
Plenish® soybeans^
Rynaxypyr®
Cyazypyr®
Fungicides
Seed
Treatment
Solutions
Extending our Global Reach
Innovative Products and Services
Next Gen Soy
Hybrid Rice
Hybrid Wheat
Africa
* Public company files. Agriculture peers included BASF, Bayer CropScience, Monsanto, Syngenta and Dow AgroSciences.
Optimum® Leptra®
DP4114
Optimum® GLY canola
Ag Biologicals
6
Strong Track Record, Strong Foundation for Growth
Industry Leading Growth in Agriculture
Led all major competitors with 10% compound annual sales growth from 2008 to 2014*
8. ADVANCING BROAD-SPECTRUM
INSECT PROTECTION
GERMPLASM STRENGTH
• Traits combined with elite
germplasm, native traits, and
seed treatment
• Broad range of genetic
backgrounds for a strong lineup of
locally- adapted products
ENHANCED TRAIT DURABILITY
• Above- and below-ground
protection and integrated refuge
• Multiple modes of action
DRIVING YIELDS THROUGH
ENABLING TECHNOLOGIES
ADVANCEMENTS LEADING TO
HIGHER YIELDS & INCREASED
SPEED TO MARKET
● Precision phenotyping
● Predictive analytics
● Increased scope of screening
BUILDING MOMENTUM IN
RESEARCH ADVANCEMENTS
• Agronomic traits, building on
science and success of Optimum®
AQUAmax® hybrids
• Insect protection traits, delivering
new modes of action for product
durability
NEAR TO MID-TERM
LONG-TERM
R&D Phases
D=Discovery
1=Proof of Concept
2=Early Development
3=Advanced Development
4=Pre-Launch
Launch=Available for commercial sale or use
Products, concepts, or benefits described herein will not be offered for sale or distribution until completion of field testing and applicable regulatory reviews. Each Phase represents only
the lead event for each program. Discovery and market evaluation is an ongoing process for all programs in the pipeline.
Estimated Peak Sales Range
provided for projects Phase 3 or later in pipeline: L= $0-100MM, M= $100-500MM, H= $500MM+ | Indicates advancement or addition (2/14-2/15).
Market Opportunity
Market Opportunity reflects total acres in Primary Markets in millions
2015 DuPont Pioneer Corn R&D Pipeline
Delivering insect protection & agronomic traits
8
Est.
Peak
Sales
D 1 2 3 4 L NA EU LA AP AF <50 50-100 >100 H / M / L
Optimum® Leptra
®
hybrids ● ● H
Lepidopteran/Coleopteran Protection DP 4114 ● H
New MOA Lepidopteran Protection III ● ● ● ●
New MOA Coleopteran Protection III ●
Drought Tolerance II ●
Nitrogen Use Efficiency ●
Continual Germplasm & Native Trait Improvements ● ● ● ● ● H
CORN
R&D PHASE MARKETS
(●) PRIMARY
MARKET
OPPORTUNITY
(MM ACRES)
HIGHLIGHTED PRODUCT CONCEPTS
BIOTECH SOLUTIONS
DIFFERENTIAL BREEDING SOLUTIONS
9. Optimum® Leptra® Insect Protection
Multiple modes of action against above-ground lepidopteran pests
BENEFITS
• Maximize overall farm yield by
protecting yield potential of our
superior genetics
• Provides multiple modes of
action for above-ground
lepidopteran pests
• Herculex® I trait
• YieldGard® Corn Borer trait
• Agrisure Viptera® trait
• Offer industry leading traits that
help protect against corn
earworm, fall armyworm
southwestern corn borer, and
sugar cane borer
• Helps enhance trait durability
Maximized Farm Yields | Technology PreservationGROWER BENEFIT
R&D Phase - Launch
D 1 2 3 4 L
EAR
PROTECTION
VEGETATIVE
PROTECTION
Control
Hybrid
Optimum® Leptra ®
Hybrid
9
10. GROWER BENEFIT
DP 4114 Lepidopteran/Coleopteran Protection
High yield potential with proven above- and below- ground insect protection
BENEFITS
• Stacked with other insect
traits for dual-mode above-
and below-ground protection
• Easier to breed with and
compatible with a broader
range of germplasm
• Expected to offer increased
yield over current traits
• Will enable more triple-stack
options to increase North
America mix to ~50%
• Creates more value for the
farmer and a price lift for
Pioneer
• Will be tested in IMPACT™
trials in 2015
Simplified Refuge | Enhanced Yield Performance
R&D Phase – 4 Pre Launch
D 1 2 3 4 L
DP 4114 Research Plot
Strong Efficacy & Agronomics | Above- & Below- Ground Insect Protection
10
11. DELIVERING MARKET-DRIVEN
TECHNOLOGY AND GENETICS
GERMPLASM STRENGTH
• Advanced agronomic and
defensive traits paired with an
expanded suite of elite genetics
building on Pioneer® brand T
Series soybeans
INCREASED END-USE VALUE &
HERBICIDE TOLERANCE TRAITS
• Roundup Ready 2 Xtend™ trait
• LibertyLink® trait
• BOLT™ technology
• Plenish® High Oleic Soybeans
DRIVING YIELDS THROUGH
ENABLING TECHNOLOGIES
ADVANCEMENTS LEADING TO
INCREASED HARVESTABLE
YIELDS THROUGH:
● Precision phenotyping
● Predictive analytics
BUILDING MOMENTUM IN
RESEARCH ADVANCEMENTS
● Enhanced end-use value
● Target key tropical pests
● Disease resistance
NEAR TO MID-TERM
LONG-TERM
R&D Phases
D=Discovery
1=Proof of Concept
2=Early Development
3=Advanced Development
4=Pre-Launch
Launch=Available for commercial sale or use
Products, concepts, or benefits described herein will not be offered for sale or distribution until completion of field testing and applicable regulatory reviews. Each Phase represents
only the lead event for each program. Discovery and market evaluation is an ongoing process for all programs in the pipeline.
Estimated Peak Sales Range
provided for projects Phase 3 or later in pipeline: L= $0-100MM, M= $100-500MM, H= $500MM + | Indicates advancement or addition (2/14-2/15).
Market Opportunity
Market Opportunity reflects total acres in Primary Markets in millions
2015 DuPont Pioneer Soybean R&D Pipeline
Delivering increased end-use value & herbicide tolerance traits
11
Est.
Peak
Sales
D 1 2 3 4 L NA EU LA AP AF <50 50-100 >100 H / M / L
Plenish® High Oleic Soybeans^ ● M
Multiple Mode Herbicide Tolerance ● ● H
Increased Soybean Oil & Improved Meal Value ● ●
Lepidopteran Protection ●
Hemipteran Protection ●
Asian Soybean Rust Resistance ●
Continual Germplasm & Native Trait Improvements ● ● H
SOYBEAN
MARKETS
(●) PRIMARY
R&D PHASE
MARKET
OPPORTUNITY
(MM ACRES)
DIFFERENTIAL BREEDING SOLUTIONS
BIOTECH SOLUTIONS
HIGHLIGHTED PRODUCT CONCEPTS
12. HERBICIDE TOLERANCE
GERMPLASM STRENGTH
• Herbicide tolerant options in
canola, backed by elite
germplasm across crops
• Canola and sunflower
products offered in
combination with Pioneer
Protector® native traits that
provide defense against
damaging insects and
diseases
• Hybrid rice product offerings
with protection against pests
and disease
BUILDING MOMENTUM IN
RESEARCH ADVANCEMENTS
• Key insects and pathogens
• Expansion of hybrid systems
NEAR TO MID-TERM
LONG-TERM
R&D Phases
D=Discovery
1=Proof of Concept
2=Early Development
3=Advanced Development
4=Pre-Launch
Launch=Available for commercial sale or use
Products, concepts, or benefits described herein will not be offered for sale or distribution until completion of field testing and applicable regulatory reviews. Each Phase represents only the
lead event for each program. Discovery and market evaluation is an ongoing process for all programs in the pipeline.
Estimated Peak Sales Range
provided for projects Phase 3 or later in pipeline: L= $0-100MM, M= $100-500MM, H= $500MM + | Indicates advancement or addition (2/14-2/15).
Market Opportunity
Market Opportunity reflects total acres in Primary Markets in millions
12
2015 DuPont Pioneer Additional Crops R&D Pipeline
Delivering herbicide tolerant canola traits & hybrid wheat and rice
Est.
Peak
Sales
D 1 2 3 4 L NA EU LA AP AF <50 50-100 >100 H / M / L
Optimum®
GLYHerbicide Tolerance ● ● M
Herbicide Tolerant Canola with the LibertyLink®
trait ● L
Herbicide Tolerant Canola with the Optimum
®
GLY
LibertyLink®
trait stack
● L
Hybrid Rice Technology II ●
Dual Mode of Action Lepidopteran Protection ●
Hybrid Wheat Technology ●
Continual Germplasm & Native Trait Improvements ● ● ● H
ALL CROPS DIFFERENTIAL BREEDING SOLUTIONS
WHEAT
RICE
ADDITIONAL
CROPS
MARKETS
(●) PRIMARY
R & D PHASE
MARKET
OPPORTUNITY
(MM ACRES)
CANOLA
new
13. New
New
Advanced
2015 DuPont Crop Protection Pipeline
Sustainable growth and innovation through a highly productive pipeline
R&D Phases
D=Discovery
1=Proof of Concept
2=Early Development
3=Advanced Development
4=Pre-Launch
Launch=Available for commercial sale or use
Products, concepts, or benefits described herein will not be offered for sale or
distribution until completion of field testing and applicable regulatory reviews. Each
Phase represents only the lead event for each program. Discovery and market
evaluation is an ongoing process for all programs in the pipeline.
Estimated Peak Sales Range
provided for projects Phase 3 or later in pipeline: L= $0-100MM, M= $100-500MM, H=
$500MM+ | Indicates advancement or addition (2/14-2/15).
MOST PRODUCTIVE AND INNOVATIVE
PIPELINE IN THE INDUSTRY
FOCUSED RESEARCH
• Target to deliver one commercial
candidate each year to the pipeline
• Novel modes of action and new classes
of chemistry
• Successful renewal of existing
technologies
NEAR TERM LAUNCHES
BUILDING ON SUCCESS OF
RYNAXYPYR® AND CYAZYPYR®
• New seed treatment solutions
• DuPont™ Zorvec™ disease control later
this year
• DuPont™ Pyraxalt™ insect control in rice
expected in the next few years
Est.
Peak
Sales
D 1 2 3 4 L F&V Rice Cereals Corn
Oil-
seeds
H / M / L
WEED CONTROL
Broadleaf weed control (SU) ● L
New class of grass and broad leaf weed
control
● ●
New mode of action grass and broad leaf
weed control
● ●
New mode of action broad leaf weed control ●
INSECT and NEMATODE CONTROL
Cyazypyr® cross-spectrum insect control ● ● H
Lumigen™ Seed Sense ● ● ● H
Pyraxalt™, new class of insect control for
piercing pests
● M
Broad spectrum nematicide, new mode of
action
● M
Dicloromezotiaz, new class of insect control
for chewing pests
● ●
New class of insect control for piercing pests ●
DISEASE CONTROL
Penthiopyrad broad-spectrum disease
control
● ● M
Zorvec™ oomycete control, new mode of
action
● ● M
Lumigen™ Seed Sense ● ● L
Broad-spectrum disease control, new mode
of action
● ●
PROGRAM
Target Market
(●)
R&D PHASE
new
new
new
13
14. Innovation
Insect Control Solutions in Crop Protection
DuPont™ Rynaxypyr®
Insect Control
New DuPont™ Pyraxalt™
Insect Control
DuPont™ Cyazypyr®
Insect Control
• Rynaxypyr® sold in over 90
countries in 2014.
• Additional products in insect
control portfolio building on the
success of Rynaxypyr®.
• Setting new standards in plant
protection performance that
translates into improved yield
and quality.
• Novel activity for control of wide
spectrum of hopper insects in
Rice in Asia.
• Favorable environmental profile.
• Expected 2016 Registrations in
China, Korea and Philippines.
• Planned expansion to Malaysia,
Indonesia, India, Japan,
Vietnam, Taiwan and Thailand.
• Targeting high value fruit and
vegetable crops.
• Outstanding performance
exceeding farmers’ expectations.
• Reduces number of applications
while enhancing produce quality
and marketable yield.
• Launched in key countries
including Brazil, China, India,
Japan, US and Canada.
Exceeded $1.2 billion in Sales
in 2014
New class of Insect Control
in Rice
Creating exceptional Grower
Value
Growing and expanding Insect Control solutions
*DuPontTM PyraxaltTM is not registered for use or sale in the United States and other countries. No offer for sale, sale or use of these products are permitted prior to the issuance of the country
level registration. 14
15. Innovation
Disease Management Solutions in Crop Protection
DuPont™ Picoxystrobin
Disease Control
DuPont™ Zorvec™
Disease Control
DuPont™ Penthiopyrad
Disease Control
• Enhanced in-season protection
and improved harvestable yield
in soybeans, corn, canola,
cereals, dry-beans, rice.
• Sold in over 50 countries
including Brazil, Argentina, US,
Canada, Ukraine, Russia
Federation, France, Germany,
Poland, China, India and South
Africa.
• Developing seed treatment
application under DuPontTM
LumigenTM seed sense.
• New mode of action, low rate,
solution of choice providing
growers unmatched consistency
and control resulting in better
crops for better business.
• Planned 2015 launches in
Argentina, Mexico and
Australia.
• Foliar treatment in fruits and
vegetables.
• Part of DuPontTM LumigenTM
seed sense in corn, soybeans
and sunflower.
• Broad-spectrum preventive and
curative protection.
• Expanding in fruits and
vegetables (F&V) in North
America, launching in cereals
and F&V in Europe.
• Planned 2015 launches in Italy
and Poland in apples.
• Registered in over 20 countries.
• Developing seed treatment
application under DuPontTM
LumigenTM seed sense.
Exceeded $400 million in 2014
Novel activity in disease
management
Launched in UK, US, Canada,
Argentina, Mexico
Creating Unique Portfolio of Disease Management Solutions
*DuPontTM ZorvecTM is not registered for use or sale in the United States. No offer for sale, sale or use of these products are permitted prior to the issuance of the country level registration. 15
16. Innovation
Seed Treatment Solutions
DuPont™ Dermacor®
Insecticide Seed Treatment
DuPont™ Lumivia™
Insecticide Seed Treatment
DuPont™ Lumiderm™
Insecticide Seed Treatment
• Offers enhanced protection from
cutworms and flea beetles
• Residual control of insects up to 35
days after seedling
• Superb early season vigor
2014 Initial Launch in Brazil for
Soybeans on over 3 million acres
2014 Initial Launch in Canada for
Canola on over 650,000 acres
• Improved yield advantage
• Offering enhanced protection from
wireworm, black cutworm, white grubs
and fall armyworm
• Available in the US exclusively on the
newest Pioneer® brand hybrids as
part of the Pioneer Premium Seed
Treatment program
• Supports emergency registration in
Brazil for control of Helicoverpa in
soybeans
• Excellent above and below ground
insect control to protect plant vigor
• Pursuing expansion to other crops
and markets
2015 Launch in the United States
for Corn
16
Extending DuPont Science Into Seed Treatment
17. Innovation
EncircaSM
Services
*According to an independent Forecastwatch.com report. Schneider Electric, DTN/The Progressive Farmer's parent company, has delivered the industry's most accurate
temperature and precipitation forecasts for the last seven consecutive years. This same forecast technology is used in DTN’s solutions including the DTN Ag Weather Network,
which contains over 2,000 individual weather stations.
17
Strategic Collaborations Enhance Services
The largest and most accurate Ag Weather Network*
• DTN Ag Weather Network
Most granular view of soils and topography
• USDA-ARS
• University of Missouri
Improved crop and nitrogen models
• Data generated by 8 Midwest land-grant universities
Seamless transfer of data for real-time insights
• John Deere
• AGCO
• Raven Industries
Strong grower adoption
• EncircaSM View – 13,000+ Users
• EncircaSM Yield Nitrogen Management
Service – Approaching 500,000 acres invoiced
• EncircaSM Yield Stand – to help growers maximize
plant stands and yield potential
PROFITABILITY RISK MANAGEMENT
SUSTAINABILITY CONVENIENCE
Addressing the most critical
challenges growers face
Helping Growers Unlock The Full Potential Of Their Land
18. Innovation
Ag Biologicals
18
Fermentation &
Enzyme Leader
Deep Microbial
Knowledge & Libraries
Unlocking Broad
Capabilities
Leading Genetics &
Customer Insights
Global Collaboratory
DuPont Capabilities are Enhanced
through Collaborations and
Partnerships
DuPont Advantage
• Fully leverages DuPont
integrated capabilities
• Enabled through external
collaborations
• Unparalleled market
access in seed and foliar
markets
• R&D focused on plant
health and plant
protection globally in row
crops and specialty crops
Game Changing
Discoveries & Market
Knowledge
Leading Capabilities to Create Biological Solutions in Agriculture
19. Innovation
Improving Nutrition and Health and Protecting Food
• YO-MIX® starter cultures for long
life yogurt for use in countries
where cold chain infrastructure
is still developing
• CHOOZIT® SWIFT concentrated
starter cultures for consistent
performance of pizza cheese
manufacture
• HOWARU® Protect
probiotics help children,
adults and sports
enthusiasts maintain
natural immune defenses.
• SUPRO® soy protein helps
improve muscle growth
• BioViaTM CDV natural
antimicrobial blend to control
pathogens like Listeria in deli
and ready-to-eat meats
• RECODAN® tailored blends
provide solutions for
affordable milk based
beverages
Strong Momentum in Nutrition & Health
19
21. Biotech Trait R&D
Discovery
Select product target
Define targets based on
current and anticipated future
customer needs, and
advancing scientific
capabilities.
Identify leads
Screen potential genes to find
a gene or combination of
genes that demonstrate
efficacy against the target.
Phase 1
Proof of concept
Crop transformation
Insert gene leads into target
crop.
Demonstrate proof of
concept
Test genes to confirm efficacy
against the target.
Gene and construct
optimization
Evaluate genes and
constructs for trait efficacy
and agronomic performance
in the target market
environment. Optimize for
trait and stack performance.
Phase 2
Early development
Production transformation
Insert constructs into
target crop to generate
multiple events.
Event characterization
Select best events across
germplasm and
environments.
Event Development
Expand field testing of
candidate commercial lead
events across stacked trait
and germplasm
combinations.
Initiate regulatory testing
Start regulatory studies,
including method
development & validation.
Early trait introgression
Breed events into a broader
set of elite germplasm.
Phase 3
Advanceddevelopment
Advanced field testing
Further characterize
lead commercial events
across germplasm and
environments and select
event(s) for regulatory
submission.
Regulatory testing
Complete regulatory studies
for primary markets.
Regulatory dossier
submission
Submit extensive data
package and analysis to
authorities.
Phase 4
Pre-launch
Regulatory testing
Complete regulatory studies
for additional submissions
(e.g. stacks).
Trait introgression and
seed ramp up
Breed trait into elite
germplasm across maturities
and intensify ramp-up of
seed quantities.
Pre-marketing
Prepare customer education
plans. Perform market
testing. Prepare commercial
seed volumes.
IMPACT™ trials
Field test new products in
development near the
customer. Focus interactions
to deliver Right Product on
Right Acre following
commercialization.
Launch
Regulatory approvals
Receive all regulatory
approvals for launch
cultivation.
Commercial sales begin
Pioneer works customer-by-
customer and market-by-
market to deliver the Right
Product on the Right Acre
tailored to individual
grower needs.
Product stewardship
Continue ongoing
stewardship practices which
began in research. These
include education and
communication to ensure
compliance with regulations,
Pioneer policies and crop
management strategies.
DuPont Pioneer R&D is Committed to Delivering Superior Germplasm, Traits and Trait
Combinations in the Most Productive Products for Our Customers. Our advanced
Biotech Pipeline Programs Are an Integral Part of Our Approach as
We Deliver the Right Product on the Right Acre
21
