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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. Improving the future of farming… Improving the future of food… A. bundantly and safely. Who We are Today.
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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 Improving the future of farming… Improving the future of food… A bundantly and safely
Who We are Today W H O W E A R E 13,000 employees l 380 locations worldwide in 4 primary regions — l Europe/Africa, Asia Pacific, Latin America and North America $5.5 billion in sales l A leader in seeds, crop protection, biotechnology l and animal agriculture MON on New York Stock Exchange l l l Improving the future of farming… Improving the future of food… A bundantly and safely
O U R P R O D U C T S Chemical Brands Family of Roundup herbicides ® l Lasso herbicide (corn and soybeans) ® l Machete herbicide (rice) ® l Partner herbicide (corn, soybeans ® l and grain sorghum) AquaMaster herbicide (aquatic TM l environments) Improving the future of farming… Improving the future of food… A bundantly and safely
O U R P R O D U C T S Traits Weed Control Roundup Ready Corn, Soybeans, Canola and Cotton – built in tolerance of Roundup brand herbicides Insect Control YieldguardCorn – protect against corn borers Bollgard Cotton – season-long control of budworms and bullworms l ® YieldGard corn Conventional corn Improving the future of farming… Improving the future of food… A bundantly and safely
O U R P R O D U C T S Seeds ® ® Asgrow , DEKALB , Hartz and Quantum brands l Virtually all the important food crops including corn, soy, grain sorghum & wheat l Benefits - Maximize grower profits - New seed varieties with higher yields - Reliable supply of high quality, best performing seeds available l Improving the future of farming… Improving the future of food… A bundantly and safely
Monsanto Finance OverviewImagine Growing TogetherYou and Monsanto
Monsanto Finance Norms and Standards 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 Organization 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’s Culture at a Glance What Are We Given Credit For Now? • 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
Commitment to Diversity What Would We Like to Be? • Strongly supported by senior management • Recognition of business benefits • Development of inclusive culture • Support networks • Fairness in staffing & other people processes • Learning Partners Program • Emphasis on college relations
Development Focus Imagine Growing Together: You and Monsanto • Development of leadership • Personal development • Written plan for each person • Tuition assistance • Cross-functional assignments possible • Focus on coaching relationships • Global employee surveys • Tuition reimbursement • Monsanto stock options for all employees • Employee stock purchase plan • All employees have annual incentive target
Development Tools / Processes Imagine Growing Together: You and Monsanto • People Review Process • Behavior-based Career Models • Career Feedback & Development • Incentive Plans • Safety • Tuition reimbursement • Monsanto stock options for all employees • Employee stock purchase plan • All employees have annual incentive target
Imagine Growing Together: You and Monsanto • Tuition reimbursement • Monsanto stock options for all employees • Employee stock purchase plan • All employees have annual incentive target Monsanto InternProgram
Intern Program Objectives Imagine Growing Together: You and Monsanto • Tuition reimbursement • Monsanto stock options for all employees • Employee stock purchase plan • All employees have annual incentive target • 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 Benefits 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 • Tuition reimbursement • Monsanto stock options for all employees • Employee stock purchase plan • All employees have annual incentive target
Imagine Growing Together: You and Monsanto • Tuition reimbursement • Monsanto stock options for all employees • Employee stock purchase plan • All employees have annual incentive target Monsanto InternalFinance Training
New Hire Training Program A C C O U N T I N G A N D F I N A N C E • 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”
Training Topics 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 • Tuition reimbursement • Monsanto stock options for all employees • Employee stock purchase plan • All employees have annual incentive target
Selling Points to Students Imagine Growing Together: You and Monsanto • Tuition reimbursement • Monsanto stock options for all employees • Employee stock purchase plan • All employees have annual incentive target • 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
Imagine Growing Together: You and Monsanto A C C O U N T I N G A N D F I N A N C E • 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
Thank You www.monsanto.com Question & Answer Session