Corteva Spinoff to Propel Agriculture Further

New model builds upon century-long legacy,
displays ambition to advance science to feed and gas the world

INDIANAPOLIS, May 4, 2026 /PRNewswire/ — Corteva (NYSE: CTVA) introduced immediately that the corporate that can comprise its present superior seed and genetics enterprise, beforehand referred to as “SpinCo,” might be branded Vylor, Inc. Corteva’s deliberate separation stays on observe for the fourth quarter of 2026.

With greater than 4,000 germplasm patents and greater than 2,000 biotechnology patents, Vylor’s innovation engine might be anchored within the {industry}’s most elite germplasm and transformative biotechnology, together with a world-class pipeline that features gamechangers like proprietary hybrid wheat, management in gene modifying, multi-disease resistance corn and next-generation biofuels. The firm will leverage its subsequent era scientific experience to additional strengthen its core enterprise whereas exploring alternatives to develop to new row crops – and probably past – to assist farmers feed and gas the world.

The new model displays this imaginative and prescient. For instance, the stylized “l” within the model represents the destructive area fashioned by a single chromosome, reflecting the function genetics has performed and can proceed to play in advancing agriculture. The use of inexperienced, maroon and blue in its expanded coloration palette is a nod to its Pioneer, Brevant, Hogemeyer and Corteva heritage. The identify itself is derived from the phrase “valor,” honoring the worth of the generations of workers and farmers whose onerous work helped feed the world. It’s additionally a nod to the mindset of the brand new firm: in search of for each alternative.

“Vylor traces its roots back a century, to a single idea: that innovation could transform agriculture, and with it, the world. This belief – in the power of science to advance agriculture and help farmers feed and fuel a growing population – remains our North Star,” stated future Vylor CEO Chuck Magro. “From food security to energy security, powered by groundbreaking technology, elite germplasm and an advanced product portfolio, Vylor will be uniquely positioned to help solve some of the world’s toughest challenges. The new brand reflects both this ambition and the determination to achieve it.”

Vylor will launch from a place of power, with the biggest seed manufacturing community on this planet, world-record yields in corn and soybeans and {industry} main route-to-market. The globally acknowledged manufacturers that can comprise Vylor have earned a #1 and #2 market share place for key crops in virtually each area they serve.

Watch this video to study extra about Vylor.

About Corteva
Corteva, Inc. (NYSE: CTVA) is a worldwide pure-play agriculture firm that mixes industry-leading innovation, high-touch buyer engagement and operational execution to profitably ship options for the world’s most urgent agriculture challenges. Corteva generates advantaged market desire by way of its distinctive distribution technique, along with its balanced and globally various mixture of seeds, crop safety, and digital services. With among the most acknowledged manufacturers in agriculture and a know-how pipeline effectively positioned to drive development, the corporate is dedicated to maximizing productiveness for farmers, whereas working with stakeholders all through the meals system because it fulfills its promise to enrich the lives of those that produce and those that devour, making certain progress for generations to come. More info may be discovered at www.corteva.com.

Cautionary Statement on Forward-Looking Statements
This press launch accommodates sure forward-looking statements. Words akin to “believe,” “will,” “plan,” “may,” “expect,” “see,” and variations of such phrases and comparable future or conditional expressions are meant to establish forward-looking statements. Examples of forward-looking statements embrace, however aren’t restricted to, Corteva’s intent to separate and its expectations associated for New Corteva and SpinCo. These forward-looking statements mirror administration’s present expectations and aren’t ensures of future efficiency and are topic to numerous dangers and uncertainties, a lot of that are troublesome to predict and past Corteva’s management.

Important components that will have an effect on Corteva’s enterprise and operations and that will trigger precise outcomes to differ materially from these within the forward-looking statements embrace, however aren’t restricted to, whether or not the targets of the separation might be achieved; the phrases, construction, advantages and prices of any motion or transaction ensuing from the separation; the timing of any such separation or associated motion and whether or not any such separation might be consummated in any respect; the danger that the announcement of the meant separation might have an opposed impact on the flexibility of Corteva to retain and rent key personnel and keep relationships with clients, suppliers, workers, shareholders and different enterprise relationships and on its working outcomes and enterprise usually; the danger the separation might divert the eye and time of the corporate’s administration; the danger of any surprising prices or bills ensuing from the separation course of or separation itself; and the danger of any litigation relating to the separation, in addition to the dangers and uncertainties described in Corteva’s danger components, as they might be amended from time to time, set forth in its filings with the US Securities and Exchange Commission. Corteva disclaims and doesn’t undertake any obligation to replace, revise, or withdraw any forward-looking statements on this press launch, besides as required by relevant legislation or regulation.

SOURCE Corteva, Inc.