Introduction AGROCORP INTERNATIONAL IS A LARGE TRADING ORGANIZATION HEADQUARTERED OUT OF SINGAPORE SPECIALIZED IN TRADING OF AGRICULTURAL COMMODITIES. OUR BIGGEST PRODUCTS ARE WHEAT, SUGAR , SPECIALTY CROPS , OIL SEEDS AND COTTON.

IN CANADA, WE ARE ACTIVE IN THE EXPORT OF CANADIAN CROPS SUCH AS WHEAT, CEREALS, OIL SEEDS AND SPECIALTY CROPS. WE ARE ACTIVE MEMBERS OF THE CANADIAN SPECIAL CROPS ASSOCIATION, ALBERTA PULSE GROWERS, SASKATCHEWAN PULSE GROWERS, SASKATCHEWAN TRADE AND EXPORT PARTNERSHIP, THE CANADIAN GRAIN & OILSEED EXPORTERS ASSOCIATION (CGOEA) AND ARE LICENSED AND BONDED BY THE CANADIAN GRAIN COMMISSION.

STRICTLY CONFIDENTIAL

Vision To grow steadily by building on core strengths and nurturing partnerships along the way.

Mission To be a global link between producers and consumers in key agro commodity markets.

Core Philosophy To be a one-stop service for clients by providing relevant, up-to-date and in-depth information on price movements, commodity trends and market dynamics.

Integrity Reliability Relationships

OUR BELIEFS

GLOBALLY, AGROCORP HANDLES MORE THAN 3 MILLION TONNES OF DIVERSE AGRICULTURAL PRODUCTS ON AN ANNUAL BASIS, AND USD $250M PER YEAR OUR OF CANADA. WE ACTIVELY STRIVE TO IMPROVE MARKETING OF CANADIAN CROPS, ESPECIALLY PULSE CROPS AND ARE MAJOR HANDLERS OF BULK VESSEL RED LENTILS AND YELLOW PEAS.

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2007 2008 2009 2010 2011 2012 2013

Sales Turnover In USD (in millions)

Canada (Vancouver)

India (Chennai, Mumbai, Calcutta)

Indonesia (Jakarta)

Singapore (Head Office)

Russia (Moscow)

Australia (Melbourne)

Myanmar (Yangon, Mandalay)

Canada (Moose Jaw)

Turkey (Mersin)

Tanzania (Dar es Salaam)

Ivory Coast (Abidjan)

Benin (Cotonou)

Burkina Faso Guinea Bissau

AGROCORP GLOBAL PRESENCE

S & D PROFILE - PEAS

Canada Peas Exports (000t) Aug/Nov 2013 Aug/Nov 2012 13/14 Targeting 12/13 Acutal W. Europe 10,630 67,800 75,000 113,300 Mid East 27,700 4,400 50,000 36,500

Asia (including India/China) 965,000 783,700 2,350,000 2,252,700 South America 27,700 20,500 75,000 65,100

All 1,103,500 905,300 2,725,000 2,651,200

Canada Peas Exports (000t) Aug/Nov 2013 Aug/Nov 2012 13/14 Targeting 12/13 Acutal Yellow 900,800 740,000 2,350,000 2,374,000

Green 142,600 84,200 375,000 260,000

ource: Statistics Canada / StatsCan

S & D PROFILE - LENTILS

Canada Lentil Exports (000t) Aug/Nov

2013 Aug/Nov

2012 13/14 Targeting 12/13 Actual

W. Europe 46,400 48,000 125,000 123,100

Mid East (including Egypt/Turkey) 242,700 76,000 500,000 351,500

Africa (including Algeria) 42,300 35,500 100,000 92,400

Asia (including India/Bangladesh/Pakistan) 188,300 243,900 650,000 818,800

South America 54,600 49,400 180,000 178,600

C. America (including Mexico) 15,200 11,900 40,000 39,000

All 603,000 480,000 1,625,000 1,638,800

Source: Statistics Canada / StatsCan

TOP MARKETS FOR PULSES Top 10 Red Lentil Markets 2012 Canadian Red Lentil Exports (000t)

Turkey 173,771 India 148,696

Pakistan 65,775 Egypt 52,300

Bangladesh 43,560 United States 13,575

Sri Lanka 13,862 United Kingdom 7,833

U.A.E. 6,774 Italy 4,265

Top 10 Yellow Peas Markets 2012 Canadian Yellow Pea Exports (000t)

India 858,945 China 561,794

Indonesia 28,033 United States 11,899

U.A.E 11,077 Colombia 6,529

Taiwan 5,685 Peru 4,354

Mexico 3,899 Philippines 2,553

Offices : Abidjan, Chennai, Cotonou, Dar Es Salaam, Istanbul, Jakarta, Kolkata, Mandalay, Melbourne, Moscow, Moose Jaw, Mumbai, Singapore, Vancouver, Yangon

Canadian Specialty Grain Export Summary (MT)

2012 2013

Aug-Nov Aug-Nov

Whole & Split Pea 906,934 1,105,375

Lentil 480,693 603,131

Source: Statistics Canada (January 7th 2014)

Asia Gateway • China’s Outlook

• Asia Pacific / SE Asia Trade Development

• Growing Consumptive Pattern

• Emerging Markets : Myanmar, Indonesia

India Trade Profile

Source: Statistics Canada / StatsCan

• India consistently top 5 export destination for Canada

• Saskatchewan represents over 1/3 of total exports – pulses/potash mainly

• Average 14% per year growth

Canada's Top Destinations for Pulses (million $) 2006 2007 2008 2009

India 148.2 366.8 422.5 530.8 Bangladesh 52 87.5 53.2 241.4

Turkey 26.8 16.3 220.6 135.3 China 59.2 77.4 70 106.5

United Arab Emirates 36.1 43.6 71.3 116.5

India Trade Profile

• Overall consumptive demand steadily on the rise

• Price rallies and fluctuations caused by domestic production VS import discrepancies

India’s Domestic Profile Production/Demand/Import

Asset Expansion

AGROCORP PROCESSING – MOOSE JAW, SASKATCHEWAN

Challenges

o Strong Port Basis VS Weak Interior

Lower Port Basis – Bullish Demand

o Railway GRE

o Rail Congestion

o Additional Port Infrastructure Development

East Coast Capacity / US Routing

Game Changer - National Food Security Act (India) o Covers 70% of the rural population & 50% of the urban population –

820 million consumers

o Guarantees 5 kg of wheat, rice and coarse cereals per person per month at 1/10 of the cost

o 4 Dimensions • Foodgrain production, Foodgrain procurement, Distribution Logistics, Fiscal Burden

o Pulses not included but likely to be going forward

o Smaller players in the industry hence supply chain needs to be

efficient

o Market evolving from being wholesale-oriented to being packeted to being processed food-driven

Ideas / Solutions

o Rail Competition

o Market Share / Dominance by Line Companies

- Auctioning port capacity

o Pro Business Environment – Promote Competition

o Government Policy

Government Policy

o Work together with consumers in the area of pulses seed research

o Modernizing milling in India as 15,000 dal mills are mostly with antiquated technology

- Possible room for Canadian investment

o Canada-India Nutrition Awareness Initiative

o International Year of Pulses 2016

Agrocorp’s Role Going Forward

o Pulse Promotion

o Asset Investment

o Trade Development

o Bringing the Consumers to the Producers