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Adecoagro announces Changes in Board Composition.

Luxembourg, April 30, 2025 – ADECOAGRO S.A. (NYSE:AGRO) (“Adecoagro” or the “Company”), a leading sustainable production company in South America announces changes to its Board of Directors following the acquisition of a 70% stake in the Company by Tether Investments S.A. de C.V.

As part of this transition, Mrs. Ana Cristina Russo, Mr. Guillaume van der Linden, Mr. Alan Leland Boyce, Mr. Andres Velasco Brañes and Mr. Plinio Musetti have tendered their resignations from the Board. The remaining Board members have resolved to appoint five new directors to fill the vacancies, effective immediately, which will be confirmed and submitted for approval in the next General Shareholders’ Meeting on June 6, 2025. The newly appointed Board members are Mr. Juan José Sartori Piñeyro, Mr. Christian De Prati, Mr. Andres Larriera, Mr. Kyril Robert Leonid Louis-Dreyfus, and Mr. Oscar Alejandro León Bentancor. The newly appointed members will join the current members of the Board, resulting in the following composition of the Board of Directors:

Juan José Sartori Piñeyro

Mariano Bosch

Christian De Prati

Andres Larriera

Kyril Robert Leonid Louis-Dreyfus

Oscar Alejandro León Bentancor

Manuela Vaz Artigas

Ivo Andrés Sarjanovic

Daniel González

“I want to sincerely thank the departing members for their dedication and invaluable contributions to Adecoagro’s journey over the years,” said Mariano Bosch, Co-Founder and Chief Executive Officer of Adecoagro. “Their work has helped shape the great company we are today. I am equally excited to welcome the new Board members, whose diverse experience and fresh perspectives will help us build on our momentum. With Tether’s support, we are well-positioned to continue expanding our culture and work and creating long-term value for all our stakeholders.”

Newly appointed Executive Chairman of the Board, Juan Sartori, added “I would like to thank the management team for all the hard work in making this transaction happen and receiving Tether as a new shareholder, supporter and custodian of this great company. I would also like to express my appreciation to the outgoing Board members for their years of service and impact. Adecoagro has an exceptional track record operating in the food and renewable energy segments, and we are excited to support the next chapter of its growth. We look forward to enhancing the Company’s core segments, exploring new opportunities, and reinforcing its commitment to disciplined capital allocation and sustainable development.”

Following these changes, Adecoagro’s Board of Directors will remain composed of nine members and organized in the following Committees: Strategy Committee, Risk & Commercial Committee, ESG Committee, Talent & Compensation Committee and Audit Committee. The latter will be comprised of Mrs. Manuela Vaz Artigas, Mr. Ivo Andrés Sarjanovic and Mr. Oscar Alejandro León Bentancor.

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