Farmer-owned with global connections. Updated

WHO WE ARE Nation’s leading cooperative, owned by farmers, ranchers and co-ops Global energy, grains and foods business Helping producers, co-ops and customers grow their businesses

ABOUT CHS Serves producers and consumers throughout the United States Supplies grain and other products to customers in 65 countries More than 11,000 employees in the U.S. and 24 other countries

OUR STORY Serving U.S. farmers, ranchers and rural America for 85 years

VISION AND MISSION Vision To be a globally integrated energy, grains and foods system innovatively linking producers with consumers Mission To grow company profitability and stakeholder value

CHS VALUES We value… Our tradition of partnership and shared success Building lasting and mutually rewarding customer relationships Managing our business safely and with the highest level of integrity Being responsible stewards in our communities Our people, and their innovative spirit

THE ULTIMATE GOAL Helping our owners grow

OUR LOCATIONS

GLOBAL FOOTPRINT

CHS OWNERSHIP 1,100 locally owned cooperatives serving more than 500,000 producers Voting equity 30% Voting equity 70% Voting equity 0% 75,000 individual producers (through company-owned facilities) Preferred stockholders (CHSCP, CHSCO, CHSCN, CHSCM) on NASDAQ Exchange

STRUCTURE CHS/Local and Global Partnerships TEMCO 50% Ventura Foods 50% McPherson, Kansas refinery 88.9% Ardent Mills 12%* Energy (refining, distribution, refined fuels, propane, lubricants, renewable fuels) Grain Marketing Crop Nutrients Country Operations Processing and Food Ingredients Transportation CHS Nutrition CHS Sunflower CHS Insurance CHS Hedging CHS Capital Wholly owned businesses Member-owners Co-ops/Individuals (voting) Preferred stockholders (non-voting)

GOVERNANCE 17 directors Full-time producers Elected by member-owners by region Three-year terms

CHS DIRECTOR REPRESENTATION Region 1 Region 2 Region 3 Region 4 Region 5 Region 6 Region 7 Region

RECENT HIGHLIGHTS Fiscal 2014 net income $1.1 billion Fiscal 2014 net revenues $42.7 billion Number 62 on 2014 Fortune 500 list A 2014 Minnesota “Top Workplace” – third consecutive year!

COMMITTED TO HELPING PRODUCERS GROW

SERVING PRODUCERS IN THEIR COMMUNITIES More than six dozen CHS Service Centers across the U.S. and Canada, along with 1,100 member cooperatives Crop inputs, energy, technology, grain marketing and business support Connecting local owners to global markets

COUNTRY OPERATIONS LOCATIONS

AG BUSINESS

GLOBAL COMMODITIES North America’s third largest grain exporter Markets more than 2 billion bushels of grain annually Sells grain domestically and in 65 countries Sources and handles specialty and IP grains, and DDGS

GLOBAL COMMODITIES Meeting global customer grains, oilseeds, DDGS and fertilizer needs through offices and strategic origination, export and marketing facilities in: South America Asia-Pacific Black Sea and Mediterranean region Australia

GLOBAL GRAIN OPERATIONS

GROWING GLOBAL PRESENCE IN PROCESSING AND FOOD INGREDIENTS

PROCESSING AND FOOD INGREDIENTS Soybean processing plants in Minnesota, Iowa, Nebraska, Israel and China Crushed nearly 120 million bushels annually (3 million acres) Refines 1.3 billion pounds of soybeans annually Produces 3 million tons of soy protein products for global and domestic use Operates CHS ethanol plant at Rochelle, ill.

QUALITY INGREDIENTS FOR MANUFACTURERS Soy protein Isolates, Concentrates and textured soy protein products such as Ultra- Soy ® and Imagic ® are key ingredients in many food products Soy flour Honeysoy, ® used to add replace meat and texture/nutritional value Soy & Canola Oil Used in food and industrial applications

VEGETABLE OIL-BASED FOODS An owner of Ventura Foods, nation’s largest manufacturer and marketer of vegetable oil-based foods Supplies foodservice and consumer markets with branded and custom-made products Manufactures Marie’s ® dressings and Dean’s ® dips for consumers and Hidden Valley ® dressings for foodservice use

HELPING OWNERS AND CUSTOMERS SUCCEED

BUSINESS SOLUTIONS CHS Hedging, a full- service brokerage and risk management provider with more than 60 branch offices CHS Insurance, the nation’s largest agribusiness insurance agency

CROP NUTRIENTS Serving North America’s largest dealer network and global customers Global product sourcing including deep water port and river facilities More terminals in more locations to serve customers Risk management, global markets, logistics and distribution

ENERGY Largest U.S. cooperative refinery, pipeline and terminal network Major refined fuels wholesale and retailer to rural America More than 1,400 branded outlets, including 1,000 Cenex ® convenience stores One of the U.S. largest propane retailers Manufacturer of high- quality lubricants under the Cenex brand and other labels

RENEWABLE ENERGY Four decades as renewable fuels marketer and distributor of renewable fuels Operator of 133-million- gallon-per-year year ethanol plant at Rochelle, Ill. Grain supplier to renewable fuels plants Exporter of ethanol to global customers A manufacturer of vegetable oil-based, environmentally friendly lubricants