Adecoagro S.A. Unveils Major Common Share Offering Worth $300 Million

Adecoagro S.A. Initiates Public Offering of Common Shares

Luxembourg, December 9, 2025 – Adecoagro S.A. (NYSE: AGRO) has announced its intention to conduct a public offering of common shares valued at $300 million. This significant move is aimed at strengthening the company’s market position and expanding its operational capabilities. The offering is subject to prevailing market conditions, thus indicating Adecoagro's proactive approach to capitalizing on favorable circumstances.

Offering Details

J.P. Morgan and BofA Securities are serving as the global coordinators and joint book-running managers for this offering. Additionally, BTG Pactual, Citigroup, and Itaú BBA are also involved as joint book-running managers. The underwriters have been granted a 30-day option to purchase up to $11.1 million of additional shares, a strategy that allows for an increase in the offering size should demand exceed expectations.

Adecoagro’s largest shareholder, Tether Investments S.A. de C.V., alongside other management members and investors, has expressed interest in acquiring shares at the public offering price. Tether's commitment is particularly notable, with an indication to purchase approximately $200 million of the shares. However, it is crucial to note that these indications of interest do not equate to firm commitments.

SEC Registration

The shares will be offered under an effective shelf registration statement filed with the Securities and Exchange Commission (SEC). A preliminary prospectus supplement related to this offering is already accessible on the SEC's website. Investors interested in obtaining a copy can reach out to the designated contacts provided in the offering details.

About Adecoagro

Adecoagro is recognized as a leading sustainable production entity in South America. The company manages an extensive portfolio comprising 210.4 thousand hectares of farmland and numerous industrial facilities strategically located in Argentina, Brazil, and Uruguay. Adecoagro's operations are extensive, with production exceeding 3.1 million tons of agricultural commodities and generating over 1 million MWh of renewable electricity annually.