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Productive Profile

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Productive Model

Through a solid and conservative growth, La Redencin SofroGroup has positioned itself as one ofArgentinas mainagricultural companies.

The agricultural activity is carried out by managing third partiesland.

Our development model is based on increasing productivitythrough:

Implementation of new technologies within a sustainabilityframework.

Application of specific technological packages for each environment.

No-till farming in 100% of the land.

Generation and management of knowledge through the system ofExperimental Farms, a model that has been copied by AAPRESID(Argentine No-Till Farmers Association).

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TimeTime

RotationRotation

FARM KNOWLEDGEFARM KNOWLEDGE

LRSLRSApproachApproach

TechnologyTechnology ManagementManagement

Our Approach of Sustainable Developmentand Land Preservation

Productive Model(Cont.)

Fertility

a

nd

Fertility

a

nd

Profitab

ili

ty

Profitab

ili

ty

No-tillNo-tillfarmingfarming

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Crop management androtation strategies thatenable to increase theefficiency of the use of waterand to increase the soilsorganic carbon, according tothe environments.

Technological Package.Rotation Scheme.

Soja: soy

Trigo: wheat

Maz: corn

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Area per CropEvolution

Average Yield

Evolution

Productive TrackRecord

Wheat Soy 2 Soy 1 IP Soy Corn 2 Corn 1 Total

Proy.:

Projection

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If the production yields of the Group were analyzedregarding the Argentinean average, one could see that, ingeneral, they are greater for most campaigns, for the maincrops of our business.

LRS Soy Yield vs. Argentina LRS Corn Yield vs. Argentina

Record(Cont.)

Source: http://www.siia.gov.ar/index.php/series-por-tema/agricultura

Source: http://www.siia.gov.ar/index.php/series-por-tema/agricultura

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LRS Yield Evolution vs. CREA

17,5 qq, 30% above historical average

6,5 qq; 26% above over historical average

Record(Cont.)

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LRS Yield Evolution vs. CREA

Area: SE ofCrdoba Province

The average of the lat 5 agricultural campaigns is considered

Productive TrackRecord (Cont.)

Corn 1 Soy 1 Wheat Soy 2

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Risk Factors

MAIN RISKS HOW DO WE MITIGATE THEM?Volatility of Crops Yield Geographic Diversification

Crops Diversification

Diversification of Sowing Dates and RipeningCycles

Diversification of Grains, Seeds and Use ofDifferent Products that Enable CropProtection

Volatility of Commodities

Price

Definition of Objective Prices

Control over the Moment of the Sale Operations in the Futures and Options Market

Coverage Through Derivatives

Permanent Assessment