Syngenta to Sell Remedy Assets in the EEA in Relation to the ChemChina Acquisition

BASEL, Switzerland–(BUSINESS WIRE)–Syngenta announced today that Adama Agricultural Solutions Ltd ("Adama")
and Syngenta AG ("Syngenta") have entered into binding agreement with
Nufarm Limited (“Nufarm”) to sell a portfolio of crop protection
products for an agreed transaction value of USD 490 million. The
combined portfolio of products being divested includes off-patent crop
protection formulations in the herbicides, fungicides, insecticides and
other categories in the EEA. No physical assets (apart from inventory)
or personnel will be transferred as part of the transaction. Syngenta
will also sell inventory to Nufarm at closing of the transaction, which
is expected to occur in the first quarter of calendar year 2018.

The transaction was carried out in accordance with the commitments given
to the European Commission relating to ChemChina’s acquisition of
Syngenta, which was completed in May 2017. Completion of the transaction
is subject to clearance by the relevant European Competition
authorities, as well as qualification of Nufarm by the European
Commission as a “suitable purchaser”, as stipulated under the
commitments. The disposal process has been carried out under the
supervision of Duff & Phelps in their role as the monitoring trustee to
the European Commission.

Rabobank is acting as exclusive financial advisor to Syngenta in
connection with this transaction.

About Syngenta

Syngenta is a leading agriculture company helping to improve global food
security by enabling millions of farmers to make better use of available
resources. Through world class science and innovative crop solutions,
our 28,000 people in over 90 countries are working to transform how
crops are grown. We are committed to rescuing land from degradation,
enhancing biodiversity and revitalizing rural communities. To learn more
visit www.syngenta.com
and www.goodgrowthplan.com.
Follow us on Twitter® at www.twitter.com/Syngenta.

Cautionary statement regarding forward-looking statements

Some of the statements contained in this press release are
forward-looking statements. These statements are based on current
expectations, assumptions, estimates and projections, and involve known
and unknown risks, uncertainties and other factors that may cause
results, levels of activity, performance or achievements to be
materially different from any forward-looking statements. These
statements are generally identified by words or phrases such as
"believe", "anticipate", "expect", "intend", "plan", "will", "may",
"should", "estimate", "predict", "potential", "continue" or the negative
of such terms or other similar expressions. If underlying assumptions
prove inaccurate or unknown risks or uncertainties materialize, actual
results and the timing of events may differ materially from the results
and/or timing discussed in the forward-looking statements, and you
should not place undue reliance on these statements. Syngenta disclaims
any intent or obligation to update any forward-looking statements as a
result of developments occurring after the period covered by this press
release or otherwise.

Contacts

Syngenta International AG
Media contacts:
Leandro
Conti
Switzerland +41 61323 2323
or
Paul Minehart
USA
+1 202 737 8913
[email protected]
or
Analyst/Investor
contacts:
Andrew McConville
Switzerland +41 61 323 0618
USA
+1 202 737 6521