Adecoagro engaging in share acquisition discussions with Tether

Adecoagro (AGRO) is engaging in discussions with Tether Investments on Tether’s proposal to acquire outstanding common shares of the company at a price of $12.41 per common share through a tender offer that would result in Tether collectively holding 51% of the outstanding common shares of the company. The company has entered into an Exclusivity Letter to facilitate further negotiations with Tether. No assurances can be given that a definitive agreement will be entered into, that any transaction will be consummated, or the timing, terms or conditions of any such transaction. Shareholders are not required to take any action at this time.