Farmer-owned with global connections.

Updated 12-12-14

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 throughoutthe United States

• Supplies grain and other products to customersin 65 countries

• More than 11,000 employees in the U.S. and 24other 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 andshared 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 equity30%

Voting equity70%

Voting equity0%

75,000 individual producers (through

company-owned facilities)

Preferred stockholders

(CHSCP, CHSCO, CHSCN, CHSCM) onNASDAQ 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-ownersCo-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 8

41 32

21

13

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 PRODUCERSIN 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 INPROCESSING 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 ANDCUSTOMERS 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