PRESS RELEASE : Agreement reached on the acquisition of Syngenta’s 2-row malting barley seeds business by RAGT

RAGT and Syngenta announced today that they have entered into a sale agreement for the acquisition of Syngenta’s malting barley seeds business by RAGT. The transaction is subject
to customary approval requirements (including local employee consultation procedures) and expected to close by December 30, 2025. Financial terms of the transaction are not disclosed.

The transaction includes the acquisition of Syngenta’s Market Stainton site, a center of excellence for malting barley breeding located in Lincolnshire, UK. As part of the agreement,
around 10 Syngenta employees currently dedicated to malting barley will transfer to RAGT.
The transaction also covers certain specific Syngenta IP, registrations, and other related intangible assets.

Damien ROBERT, Managing Director of RAGT Semences, commented: “This strategic addition to our existing malting barley portfolio is an important milestone in advancing our
growth strategy, under the RAGT 2030 vision driven by the RAGT Group’s Executive Board.
This acquisition strengthens our position in key European markets and builds on the strong foundations established by Syngenta. We see clear synergies within our existing portfolio and
significant potential to accelerate technologies that will benefit growers across Europe”.

Robert Hiles, Seeds Field Crops Marketing & Portfolio Management Head at Syngenta Europe said: “This agreement with RAGT, a global strategic player in agriculture, will leverage
the leading germplasm and growth potential of Syngenta’s malting barley business. RAGT has a strong record in the integration of strategic acquisitions and offers excellent prospects for the malting barley seeds business, enabling it to build on its expertise in serving European growers and the malting barley supply chain. We are confident in a smooth handover for our teams and in a continued high level of service and value for growers and the malting barley supply chain.”

RAGT and Syngenta will work together over the next months to facilitate an orderly transition to maintain a high-quality customer service for our business partners.

ABOUT RAGT
The division RAGT Semences develops multi-species worldwide to meet the needs of crop rotation imposed by environmental issues, technical requirements and the Common Agricultural Policy. RAGT Semences activities are focused on the major cultivated species. Research and innovation are at the heart of the company’s development strategy, with nearly 18% of its turnover invested in its research subsidiary and 27 research centres around the world.
Today, RAGT Semences provides its customers in more than 60 countries with innovative varietal solutions adapted to their needs.
This close-to-the-ground organisation, a resolutely innovative approach and strong relationships created with distributors have enabled RAGT to achieve and consolidate leading positions in strategic markets. More information is available on the www.ragt-seeds.com website.

About Syngenta

Syngenta is a global leader in agricultural innovation with a presence in more than 90 countries. Syngenta is focused on developing technologies and farming practices that empower farmers, so they can make the transformation required to feed the world’s population while preserving our planet. Its bold scientific discoveries deliver better benefits for farmers and society on a bigger scale than ever before. Guided by its Sustainability Priorities, Syngenta is developing new technologies and solutions that support farmers to grow healthier plants in healthier soil with a higher yield. Syngenta Crop Protection is headquartered in Basel, Switzerland; Syngenta Seeds is headquartered in the United States.