KWS SAAT SE & CO. KGAA INTERIM

Statement of Financial Position

Capital expenditure by region Total capital expenditure €452.1 million Rest of world 0.3% 7.1% Germany North and South America 2.6% 90.0% Europe (excluding Germany) Capital expenditure by segment Total capital expenditure €452.1 million Corporate 6.5% 3.5% Corn Vegetables 87.5% 1.9% Sugarbeet Cereals 0.6% The KWS Group invested a total of €452.1 (19.5) million in the first three months of fiscal 2019/2020. The sharp increase is attributable to the acquisition of Pop Vriend Seeds. The main focus of our general capital spending, which will total around €100 million in the current fiscal year, is on erecting and expanding production and research & development capacities. Assets Condensed balance sheet in € millions September 30, 2019 June 30, 2019 +/– Assets Noncurrent assets 1,204.9 760.5 58.4% Current assets 1,075.3 1,346.8 –20.2% Assets held for sale 0.0 7.6 – Equity and liabilities Equity 932.5 963.5 –3.2% Noncurrent liabilities 810.1 364.4 122.3% Current liabilities 537.6 785.3 –31.5% Liabilities held for sale 0.0 1.8 – Total assets 2,280.2 2,115.0 7.0% The KWS Group’s balance sheet during the year is impacted sharply by the seasonal course of its business. There are thus usually significant changes in balance sheet items, in particular for working capital, in the course of the year. The balance sheet also takes into account the acquisition of Pop Vriend Seeds, the allocation to individual balance sheet items is to be regarded as provisional before finally determining the effects. Inventories rose by €138.9 million to €316.2 (177.3)1 million. Cash and cash equivalents fell to €106.9 (139.8) million, while trade receivables increased to €430.8 (402.1) million. The equity ratio was 40.9% (45.5%) and net debt was €620.3 (497.9) million. Total assets at September 30, 2019, were €2,280.2 (2,115.0) million. 1 Disclosures in parentheses in this section are those at June 30, 2019. 6 KWS Group | Q1 Report 2019/2020 Employees Number of full-time employees by region September 30, 2019 September 30, 2018 Germany 1,948 1,695 Europe (excluding Germany) 1,310 1,400 North and South America 934 796 Rest of world 173 174 Total 4,365 4,065 At September 30, 2019, we had 4,365 (4,065) full-time employees worldwide. The year-on-year increase is mainly attributable to a growing headcount in Germany and the workforce of the Pop Vriend Seeds Group, which has been part of the KWS