1. Improving the future of farming… Improving the future of food… Abundantly and safely Our Focus Today W H O W E A R E G L O B A L E N V I R O N M E N T O U R P A R T O F T H E S O L U T I O N A C C O U N T I N G A N D F I N A N C E

4. Improving the future of farming… Improving the future of food… Abundantly and safely W H O W E A R E Who We are Today l 13,000 employees l 380 locations worldwide in 4 primary regions— Europe/Africa, Asia Pacific, Latin America and North America l $5.5 billion in sales l A leader in seeds, crop protection, biotechnology and animal agriculture l l l MON on New York Stock Exchange

9. Improving the future of farming… Improving the future of food… Abundantly and safely Chemical Brands l Family of Roundup ® herbicides l Lasso ® herbicide (corn and soybeans) l Machete ® herbicide (rice) l Partner ® herbicide (corn, soybeans and grain sorghum) l AquaMaster TM herbicide (aquatic environments) O U R P R O D U C T S

10. Improving the future of farming… Improving the future of food… Abundantly and safely YieldGard ® cornConventional corn Traits Weed Control Roundup Ready  Corn, Soybeans, Canola and Cotton – built in tolerance of Roundup  brand herbicides Insect Control Yieldguard  Corn – protect against corn borers Bollgard  Cotton – season- long control of budworms and bullworms l O U R P R O D U C T S

11. Improving the future of farming… Improving the future of food… Abundantly and safely O U R P R O D U C T S Seeds l Asgrow ®, DEKALB ®,Hartzand Quantum brands l l Virtually all the important food crops including corn, soy, grain sorghum & wheat Benefits - Maximize grower profits - New seed varieties with higher yields - Reliable supply of high quality, best performing seeds available

13. Monsanto Finance Overview Monsanto Finance Overview Imagine Growing Together You and Monsanto

14. What Are We Given Credit For Now? Open communication & listening Knowledge sharing Respect differences in opinion Inclusive Customer focus Teamwork Drive for best practices Systems/process orientation Proactive approach Monsanto Finance Norms and Standards

15. What Would We Like to Be? CFO Strategy Strategic Sourcing & Payables Business Support (worldwide) Treasury –Credit –Risk Management Audit Controllership –External Reporting –Internal Reporting –Manufacturing Budgeting & Forecasting Investor Relations Tax Monsanto Finance Organization

16. What Are We Given Credit For Now? Monsanto’s Culture at a Glance Few levels; highly networked, internally & externally Participative management Comfort with ambiguity, complexity & change Integrity and personal growth Willingness to work hard and ability to find own sense of balance between work and rest of life Few levels; highly networked, internally & externally Participative management Comfort with ambiguity, complexity & change Integrity and personal growth Willingness to work hard and ability to find own sense of balance between work and rest of life

17. What Would We Like to Be? Commitment to Diversity Strongly supported by senior managementStrongly supported by senior management Recognition of business benefitsRecognition of business benefits Development of inclusive cultureDevelopment of inclusive culture Support networksSupport networks Fairness in staffing & other people processesFairness in staffing & other people processes Learning Partners ProgramLearning Partners Program Emphasis on college relationsEmphasis on college relations Strongly supported by senior managementStrongly supported by senior management Recognition of business benefitsRecognition of business benefits Development of inclusive cultureDevelopment of inclusive culture Support networksSupport networks Fairness in staffing & other people processesFairness in staffing & other people processes Learning Partners ProgramLearning Partners Program Emphasis on college relationsEmphasis on college relations

18.  Tuition reimbursement  Monsanto stock options for all employees  Employee stock purchase plan  All employees have annual incentive target Imagine Growing Together: You and Monsanto Development Focus Development of leadershipDevelopment of leadership Personal developmentPersonal development Written plan for each personWritten plan for each person Tuition assistanceTuition assistance Cross-functional assignments possibleCross-functional assignments possible Focus on coaching relationshipsFocus on coaching relationships Global employee surveysGlobal employee surveys Development of leadershipDevelopment of leadership Personal developmentPersonal development Written plan for each personWritten plan for each person Tuition assistanceTuition assistance Cross-functional assignments possibleCross-functional assignments possible Focus on coaching relationshipsFocus on coaching relationships Global employee surveysGlobal employee surveys

19.  Tuition reimbursement  Monsanto stock options for all employees  Employee stock purchase plan  All employees have annual incentive target Imagine Growing Together: You and Monsanto Development Tools / Processes People Review Process People Review Process Behavior-based Career Models Behavior-based Career Models Career Feedback & Development Career Feedback & Development Incentive Plans Incentive Plans Safety Safety

20.  Tuition reimbursement  Monsanto stock options for all employees  Employee stock purchase plan  All employees have annual incentive target Imagine Growing Together: You and Monsanto Monsanto Intern Program

21.  Tuition reimbursement  Monsanto stock options for all employees  Employee stock purchase plan  All employees have annual incentive target Imagine Growing Together: You and Monsanto Select High Potential Top Student Candidates from Selected Schools Provide Students Hands-on Experience Provide Managers Chance to Get to Know Students over Summer Provide Full-Time Offers to High Potential Students Before They Return to School Intern Program Objectives

22.  Tuition reimbursement  Monsanto stock options for all employees  Employee stock purchase plan  All employees have annual incentive target Imagine Growing Together: You and Monsanto Students Learn About Monsanto, its culture, values, and people from the Inside Better Opportunity to Show Skills than in 30 Minute Interview Less Stress Student’s Final Year with Offer in- hand Monsanto Has Better Success with New Hires Intern Program Benefits

23.  Tuition reimbursement  Monsanto stock options for all employees  Employee stock purchase plan  All employees have annual incentive target Imagine Growing Together: You and Monsanto Monsanto Internal Finance Training

24. New Hire Training Program Present Information to Finance New Hires in a Timely, Consistent Manner Provide Training early in their Careers Developed from the New Hires Perspective Give New Hires What They Need, When They Need IT Timing (June to Mid-August) Training is split equally between formal and ‘on the job’ training “I sure wish I knew that when I started” A C C O U N T I N G A N D F I N A N C E

25.  Tuition reimbursement  Monsanto stock options for all employees  Employee stock purchase plan  All employees have annual incentive target Imagine Growing Together: You and Monsanto Business Concepts –Monsanto Overview and History –Biotechnology –Business & Products Overview People Development –Goals, Development and Performance Measurement –Compensation and Benefits –Diversity Training Process & Tools –Finance Systems –Financial Reporting –Monsanto Intranet, CCP’s –Budgeting & Planning Training Topics

26.  Tuition reimbursement  Monsanto stock options for all employees  Employee stock purchase plan  All employees have annual incentive target Imagine Growing Together: You and Monsanto Monsanto offers continuous learning New hires learn the answers before they have to ask the questions Schedule provides time to learn then apply on the job Provides an immediate network of relationships Meet and learn about various people and positions within the Finance organization Selling Points to Students

27. Imagine Growing Together: You and Monsanto Competitive pay & excellent benefits All employees have the opportunity for an annual incentive bonus Generous holiday & vacation program 4 weeks after 2 years plus the week of Christmas Fun, diverse, and challenging culture Extended new hire training and orientation Health, dental, vision & life coverage Pension & 401(k), with a minimum 60% match Tuition reimbursement Dependent care, adoption assistance, and stock purchase programs A C C O U N T I N G A N D F I N A N C E

28. Thank You www.monsanto.com Question & Answer Session