"2022 was a challenging year for the company. We faced cost pressure in all our segments and weather challenges in Argentina and Uruguay, where our Farming operations are based. However, despite such unfavorable conditions, we delivered strong financial results and generated Adjusted EBITDA in line with 2021. This was possible thanks to our focus on efficiency, our operational flexibility, and our well-executed commercial strategy that allowed us to profit from opportunities in the domestic and export markets. During 2022 we paid out $35 million dollars in cash dividends (approximately 32 cents per share) and we invested $36.8 million dollars in our buyback program (repurchasing more than 4% of the equity of the company), while keeping our debt below 2 times EBITDA. Between dividends and buyback we distributed 47% of the Net Cash from Operations generated in 2021, exceeding the 40% minimum established in our policy. This equals a distribution yield of more than 7%."