Corteva, Chemours, DuPont settle NC PFAS claims for $455M; Corteva share ~$66M

Corteva, Inc.

• Settlement with NC AG and 10 local entities resolves statewide PFAS and Fayetteville Works claims; no admission of liability.
• Companies pay $455M over 15 years; Corteva's share ~$66M; Chemours' share guaranteed by Corteva (29%) and DuPont (71%).
• Corteva and DuPont provide $135M reserve fund (line of credit/letter of credit/surety) for Chemours' NC Consent Order obligations.
• MOU cap: $210M NPV of NC payments applied to $4B qualified spend cap, using 8% discount rate over 25 years.
• Future MOU escrow contributions deemed satisfied by NJ and NC settlement payments.