Corteva, Inc.

Good day and welcome to the Corteva third quarter earnings call. Today's conference is being recorded. At this time, I would like to turn the conference over to Jeff Rudolph, Director of Investor Relations. Please go ahead.

Good morning and welcome to Corteva's third quarter 2021 earnings conference call. Our prepared remarks today will begin with introductory remarks by Chuck Magro, Corteva's newly appointed Chief Executive Officer, followed by an overview of the quarter near-date financials from Dave Anderson, Executive Vice President and Chief Financial Officer. Additionally, Tim Glenn, Executive Vice President and Chief Commercial Officer, and Rajan Gajaria, Executive Vice President of Business Platforms, will join the Q&A session. We have prepared presentation slides to supplement our remarks during the call. which are posted on the investor relations section of the Corteva website and through the link to our webcast. During this call, we will make forward-looking statements, which are our expectations for or statements about the future. These statements are based on current expectations and assumptions that are subject to various risks and uncertainties. Our actual results could materially differ from these statements due to these risks and uncertainties, including but not limited to those discussed on this call and the risk factor section of our reports filed with the Securities and Exchange Commission. We do not undertake any duty to update any forward-looking statement. On our investor relations website, you can find our earnings press release and related schedules, along with our supplemental financial summary slide deck, which is intended to supplement our prepared remarks for today's call. These items provide a reconciliation of differences between reported GAAP and non-GAAP financial measures and should not be considered a substitute to the measures of financial performance prepared in accordance with GAAP. It is now my pleasure to turn the call over to Corteva's Chief Executive Officer, Chuck Magro.

Thanks, Jeff, and thank you to all those joining us on the call and webcast today. I'm honored to be speaking with you after having spent the last several days getting to know the team. Before I provide some early perspective, let me first say thank you to Jim Collins, who is guiding me through the transition over the next several weeks. I have known Jim for a very long time, and it is a privilege to build on the strong foundation he laid for long-term growth at Corteva, with culture and innovation at its core. Now I recognize it's only day four, so Dave will walk you through the quarterly results and the full year outlook. But it's important for me to first share some thoughts on why I believe that this is an unparalleled opportunity to lead at Corteva. Starting first with the strength of the franchise, which I believe is an industry leader in terms of balance and differentiation. In my experience in this industry, I always admired and respected how Corteva worked so closely with farmers to consistently provide best-in-class technology to drive value. And further, the breadth and depth of Corteva's portfolio is impressive, as its scale reaches all parts of the globe in a competitively advantaged way. This is why I believe when combined with strong execution, Corteva can be the industry leader for years to come. Which brings me to my second point. operational performance. This quarter's results attest to what this team has built at Corteva. A commitment to operational excellence and efficiency has kept the company's supply chains open in the midst of ongoing disruptions. And a culture focused on delivering for customers and keeping each other safe has kept the organization on track meeting its commitments. This is another quarter of revenue and earnings growth which are a direct result of the strong foundation this team has built over the past two and a half years. Over the past few days, I've spent a lot of time listening to and learning from my team, and I can already say this team is fully equipped to deliver on what we all know this company is capable of. From the expertise of our commercial and operations teams to the deep capabilities of our R&D organization, it is abundantly clear to me that through the combination of the company's strong culture and organizational strengths, we are well positioned to capitalize on the opportunities that lie ahead. So to summarize, tremendous assets, operational performance, and an excellent team are only a few things I am really excited about and what attracted me to this opportunity. I understand your expectations and I am confident we will deliver. We have the IP, the commitment to operational excellence, and the customer relationships necessary to deliver long-term solutions to global issues while serving the best interests of our shareholders. We will always continue to deliver innovative and productive solutions for farmers, expand opportunities for our employees, and build long-term value for our shareholders, all with sustainability as a priority. And with that, let me now turn it over to Dave take you through the results and the updates to our guidance.