Corteva board approves Vylor spin-off; record date Sep 24, distribution Oct 1

Corteva, Inc.

Corteva to distribute 1 share of Vylor common (VYLR) per CTVA share to holders of record Sep 24, 2026.
Distribution expected Oct 1, 2026 before 9:30 a.m. ET; cash paid for fractional shares.
When-issued VYLR WI trading Sep 25-30; regular VYLR begins Oct 1; CTVA WI ex-distribution market also set.
Spin-off intended tax-free for U.S. federal income tax purposes, except cash in lieu of fractions.
Corteva Investor Day Sep 15 to preview Vylor (9 AM) and remaining Corteva (1 PM) standalone strategies.

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