Syngenta to Divest Sugar Beet Seeds Business to DLF Seeds

ROSKILDE, Denmark & BASEL, Switzerland–(BUSINESS WIRE)–Syngenta and DLF Seeds announced today that they have entered into a
sale agreement in relation to the acquisition of Syngenta’s global Sugar
Beet seeds business by DLF Seeds. The transaction is subject to
customary approval requirements (including local employee consultation
procedures) and expected to close by the end of the third quarter of
2017. Financial terms of the transaction are not disclosed.

Jeff Rowe, President Global Seeds and North America for Syngenta, said:
“This agreement with DLF Seeds, a strong and expanding global player,
will leverage the leading germplasm and growth potential of Syngenta’s
Sugar Beet seeds worldwide. DLF Seeds has a strong record in specialized
seeds and in the integration of strategic acquisitions and offers
excellent prospects for the Sugar Beet seeds business, enabling it to
build on its expertise in serving industrial sugar producers.”

Truels Damsgaard, CEO of DLF Seeds, commented: “Sugar Beet seeds is a
natural extension of our seeds business and it is an interesting high
value crop. We see significant synergies within our technology and plant
breeding tools benefiting both the sugar beet business and the forage &
turf seed business. We consider the Syngenta Sugar Beet seeds business a
good match with the strategic goals and vision for DLF Seeds.”

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.

About DLF Seeds

DLF Seeds is a global seed company dealing in forage and turf seeds, and
other crops. The company is a leading player providing grass and clover
seeds to more than 80 countries. With headquarters in Roskilde, Denmark,
and a strong focus on science and plant breeding, approximately 10% of
the company’s 800 employees are dedicated to research. The company is
owned by a cooperative of Danish farmers. To learn more visit www.dlf.com

Cautionary Statement Regarding Forward-Looking Statements

This document contains forward-looking statements, which can be
identified by terminology such as ‘expect’, ‘would’, ‘will’,
‘potential’, ‘plans’, ‘prospects’, ‘estimated’, ‘aiming’, ‘on track’ and
similar expressions. Such statements may be subject to risks and
uncertainties that could cause the actual results to differ materially
from these statements. We refer you to Syngenta’s publicly available
filings with the U.S. Securities and Exchange Commission for information
about these and other risks and uncertainties. Syngenta assumes no
obligation to update forward-looking statements to reflect actual
results, changed assumptions or other factors. This document does not
constitute, or form part of, any offer or invitation to sell or issue,
or any solicitation of any offer, to purchase or subscribe for any
ordinary shares in Syngenta AG, or Syngenta ADSs, nor shall it form the
basis of, or be relied on in connection with, any contract there for.

Contacts

Syngenta International AG
Media Office
Telephone: +41
61 323 23 23
Fax: +41 61 323 24 24
www.syngenta.com
or
Syngenta
Media contact:
Leandro Conti, +41 61 323 2323
Switzerland
[email protected]
or
Paul
Minehart, +1 202 737 8913
USA
or
Syngenta
Analyst/Investor contact:
Jennifer Gough
Switzerland, +41
61 323 5059
USA, +1 202 737 6521
or
DLF Seeds:
Ny
Oestergade 9
4000 Rolskilde
Denmark
Tel: +45 46 330 300
or
DLF
Seeds Media contact:
Stig Oddershede, +45 40 30 3248
Denmark
[email protected]