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AGRO vs VFF

ADECOAGRO S.A. and Village Farms International, Inc. Common Shares

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ADECOAGRO S.A.

Adecoagro S.A., engages in agricultural and agro-industrial activities in Argentina, Brazil, Chile, and Uruguay. The company operates through two segments, Farming; and Sugar, Ethanol, and Energy. The company is involved in the production of a range of agricultural commodities, including soybean, corn, wheat, peanut, sunflower, cotton, and others; planting, harvesting, processing, and marketing of white, brown, and rough rice; genetic development of seeds; and production of dairy products, such as raw milk, ultra-high temperature milk, UP milk, powdered milk, semi-hard cheese, cream, cream and cocoa flavored milk, chocolate and fluid milk, and other dairy products. It also generates electricity through burning biogas extracted from effluents produced by its dairy cattle; and provides grain warehousing and conditioning, and handling and drying services. In addition, the company cultivates and harvests sugarcane to produce sugar, ethanol, biomethane, and electricity; and sells carbon credits. Further, it engages in land transformation activities, such as the acquisition of farmlands or businesses with underdeveloped or underutilized agricultural land; and the implementation of production technology and agricultural practices. The company was founded in 2002 and is based in Luxembourg, Luxembourg. As of May 1, 2025, Adecoagro S.A. operates as a subsidiary of Tether Investments, S.A. De C.V.

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Village Farms International, Inc. Common Shares

Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse grown tomatoes, bell peppers, cucumbers, and mini-cukes in North America. It operates in five segments: Produce, Cannabis-Canada, Cannabis-U.S., Energy, and Leli. It produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power. The company also markets and distributes its products under the Village Farms brand name to retail supermarkets and fresh food distribution companies, as well as tomatoes, peppers and cucumbers produced under exclusive and non-exclusive arrangements from greenhouse supply partners. In addition, it produces and supplies cannabis products to designated coffee shops. The company was formerly known as Village Farms Canada Inc. and changed its name to Village Farms International, Inc. in December 2009. Village Farms International, Inc. was founded in 1989 and is headquartered in Lake Mary, Florida.

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