Bunge Argentina 2011 Sustainability Report

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2011 SUSTAINABILITY REPORT



Index Message from the President

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Sustainability: Impact, Risks and Opportunities

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Bunge in Argentina

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Integrated Operations across the Country

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Global Strategy, orientation and source of motivation.

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Economic Impact

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Own Model of Sustainable Development

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Organization’s Structure

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Corporate Governance

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Products and Services

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2011 Sustainability Report

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Human Capital

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Citizenship

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Environment

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Value chain

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External Evaluation Report

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GRI Contents

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Message from the President Bunge Argentina S.A. is a relevant actor in one of the most important sectors of the Argentinean economy. This implies a great responsibility in regard to the impacts our activity has. Many of them are positive impacts, such as generating an exportable integrated offer in several links of the production chain, creating a worldclass work environment, and the possibility of influencing our surroundings to generate better conditions and offer high standards concerning product quality, the environment and occupational safety. These positive impacts can become a risk as well and for this reason our organization’s strategic approach is exhaustive and demands constant analysis due to the complexity in which we are immersed. It is important to highlight that our strategic priorities are aligned with a sustainable management model based on the development of the communities where we operate, and on the active role of our employees, who support this development. Thus, we generate share capital not only within our limits, but also with everyone who is part of our company and can have “the pride of being Bunge”. To put these priorities in context, we’ve decided to take on updated and efficient management models that suit our company’s needs and that can cover as many aspects as possible related

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“Sustainable management is a strategic and core aspect of all of our activities, aligned with our global vision of provisioning for the entire world, and taking into account the responsibility this conveys.”

to sustainability –such as the certification of international standards for sustainable soy, obtaining the certifications in food safety and the enforcement of Global Reporting Initiative (GRI) guidelines for our 2011 Sustainability Report. The industry environment in which we are immersed leads us more intensely as time goes by to consider sustainable management as a strategic and core aspect of our activities, aligned with our global vision of responsibly provisioning for the entire world.

practices, the strengthening of dialogue with new stakeholders, specially nearby communities and our workers, and the setting of measurements that allow us to evaluate the impact of our programs in the community. The experience we have built in recent years, together with our company’s worldwide experience and the dialogue with nearby communities, clients and farmers throughout our value chain, will enable us to face such challenges in a creative and effective way.

We trust we are moving forward in the outlined path, leading the market, achieving important goals in regard to the development of our employees, as well as a solid and active role in building citizenship, and exhaustively dealing with our environmental framework, which during 2011, allowed us to reach the emissions, waste and water consumption reduction goals. I am pleased to present the 2011 Sustainability Report from Bunge Argentina, which not only provides details about what happened, but it also allows us to look forward and set goals and challenges to build a better future for all.

Enrique Humanes President Bunge Argentina S.A.

We understand that the main challenges for the coming years are related to the integration of our value chain into the sustainability

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Sustainability:

Impact, Risks and Opportunities To prepare this sustainability report we’ve focused on the opinions and issues identified in the successive dialogue processes with our stakeholders. Thus, we’ve detected the biggest economic, social, and environmental impacts of our organization. We’re mainly focused on the communities which are the engine of the Argentinean agricultural production sector. They represent the strategic base of proximity to get the necessary resources to achieve the organization’s goals, and the social issues to be protected and taken into account in our organizational life. Likewise, these communities aren’t oblivious of the organization’s employees, since in most of the cases they are a territorial link and family relationship for each of them, which implies double responsibility for the company regarding the answers provided or to be provided. The analysis of the sustainability context allowed us to get to a materiality matrix -materiality framework- that helps us prioritize our work. Even though every mentioned aspect and matter is important, we understand that this prioritization lets us hit the target as regards actions, and makes our efforts have the best possible impacts, regardless of our

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usual willingness to address all those needs that turn to be urgent, and that have historically characterized us as a socially responsible company. Throughout the report, our improvements in relation to different subject matters are identified: environment, value chain, citizenship and human capital, which have been our response to several issues raised by stakeholders. We believe our challenge in the mid- and long-term consists of going further with this activity, improving bonds and room for dialogue to be able to reply in the most effective way and according to our possibilities. In Bunge Argentina we understand that there are no sustainability tendencies, but that aspects are what have changed in the liaison instances between organizations and their context, and that these inclusion processes from stakeholders in strategic analysis make us define management goals as regards sustainability, in the same way every organization does with its commercial and financial processes. We can state that we’ve reached our sustainability work goals by framing the

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“We’re mainly focused on the communities in which we work, which are also engines of the Argentinean Agricultural production sector.”

whole management within the GRI model, and deploying these approaches in different areas such as Total Control of Losses in Occupational Health, sustainability certifications for products and other internal tools, like Bunge Talent School or other programs aiming at talent development of our employees. Our future challenges aim at establishing measurement mechanisms and processes that let us see the effectiveness of the actions we implemented in regard to corporate citizenship, reach the reduction goals for environmental matters that follow Bunge’s worldwide guidelines, and incorporate the value chain into our sustainable management, to share our experience in sustainability to the agroindustrial sector.

Walter Savarecio Human Resources and Communications Director Bunge Argentina S.A.

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Bunge in Argentina

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We’ve been producing together for more than 100 years.

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Bunge Argentina is a partnership run by Bunge Limited, a company listed in the New York Stock Exchange. Notwithstanding, Bunge Argentina holds shareholding and political control of Terminal Bahía Blanca S.A. In Argentina, the Bunge Group also, participates in the following partnerships: Fertimport S.A., Bunge Minera S.A., Bunge Inversiones S.A., Terminal 6 S.A., T6 Industrial S.A., GUIDE S.A. y Terminal Quequén S.A. It is made clear that Bunge Argentina doesn’t directly conduct sustainability activities in the above mentioned societies.

Bunge is a global agribusiness company that operates in South America, North America, Europe, Asia and Oceania. With its work and operational excellence, it intends to close the gaps between farmers and the consumer board of the entire world. In Argentina, Bunge is one of the main agribusiness companies with productive, commercial and distribution capacities worldwide. Its activity integrates the entire chain: fertilizer production and distribution, oilseeds receipt and industrialization, meal production with different protein contents and vegetable oils -crude as well as for human consumption and for the production of biodiesel- and, at the same time, it includes grain (cereals and oilseeds) and its by-products marketing, mainly for the external market. With more than 100 years in the country, Bunge Argentina has over 1,450 employees, highly qualified, and owns industrial

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complexes, warehouses, trade offices and port terminals strategically distributed in the most productive areas of the country. As a result of its corporate management, Bunge is the second biggest global exporter of soy by-products. In Argentina, it’s the first wheat exporter and one of the main soybeans crushers. It’s second in the corn exporters ranking and it’s the leader of the national production and commercialization of phosphate and nitrogen fertilizers. Besides, it bears a predominant role in the production of refined oil for human consumption and of biodiesel. Its organizational profile, characterized by growth and entrepreneurial spirit, led the company, in February 2010, to buy the fertilizers business from Petrobras in Argentina, commercially named PASA Fertilizantes. This transaction improved Bunge Argentina’s competitive profile and product offer in the local market,

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CORE VALUES

Bunge is one of the main agribusiness companies of Argentina, with productive and commercial capacities worldwide.

reinforcing the relationship with its clients and strengthening its regional leadership.

ADDING SOLUTIONS FOR THE AGRO-INDUSTRY The incorporation of industrial facilities located in Campana and its network of warehouses throughout the country meant a new commitment for the company: negotiating the acquisition and proper alignment of its human resources.

supporting the needs of business and its employees. During 2011, based on the dynamics and demands of the current market, Bunge Argentina incorporated a new work structure into the Food & Ingredients Business Unit, boosting it as a strategic area within the organization’s business. The decentralized management model and the ability to face new scenarios are the foundations of the company’s permanence and solidity.

For this purpose, Bunge Argentina developed a series of actions during 2010 and 2011 through which it addressed matters related to integration, organizational structure and culture, teamwork, work environment, operation of business units, among others. All and each of them were approached in a methodological and corporate manner by the Communications and Human Resources area, to provide an appropriate management

Integrity, customer focus, teamwork, commitment, openness and trust are the values that constantly lead your growth. Guided by these same values and as a socially responsible company, Bunge Argentina developed programs and actions aimed at helping and addressing the needs of the communities where it operates, with the objective of contributing to a sustainable development of the society.

Bunge Argentina has incorporated a new work structure into the Food & Ingredients business unit, boosting it as a strategic area within the organization’s business.

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Integrated Operations across the Country Bunge Argentina’s facilities fulfill functions in all the production chain. Industrial Complexes Strategically located across the entire national territory, the company’s industrial complexes operate in continuous processes with state-of-the-art technology and high quality and safety standards. Thus, it contributes to the the regional economic development and creates exchange bonds with the communities it is a part of.

Rosario Office

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C E

Commercial Offices To meet its commitments with the external market and to provide raw materials to industrial complexes, Bunge Argentina operates in one of the most important markets in the world: Rosario Stock Exchange. Daily, it negotiates there over 30,000 tons of cereals and oilseeds, a quantity that places it among the leaders of the business. As for commercial and administrative support, it has offices in different locations in the interior of the country; in Capital Federal, it concentrates strategy and marketing with external markets functions.

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Industrial Complex San Jerónimo Sud LOCATION OILSEEDS CRUSHING: A) San Jerónimo Sud, B) Puerto General San Martín, C) Ramallo, D) Tancacha. OIL REFINING PLANT: A) San Jerónimo Sud, B) Puerto General San Martín. LECITHIN MANUFACTURING PLANT: D) Tancacha. FERTILIZER PRODUCTION: C) Ramallo, E) Campana.

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Grain elevators and fertilizers warehouses A network of cereals and oilseeds grain elevators and fertilizers warehouses strategically distributed across the Argentinean territory, together with the huge storage capacity of industrial complexes and port terminals, constitute a valued operational fortress: they make it possible to have off season crops, optimize resources and add significant advantages for agricultural producers and the industry. Besides, Bunge Argentina is one of the most important suppliers of the market, it supplies its entire line of products through its marketing network. With coverage throughout the country, it provides technical assistance and a variety of fertilizers for every crop, customized logistics, exchange plans and better options for clients, supporting the technological development and growth of the industry.

LOCATION LAS LAJITAS - Salta

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PIQUETE CABADO - Salta

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BANDERA - Sgo. del Estero

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DELFÍN GALLO - Tucumán

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LAS CEJAS - Tucumán

Grumbein - Buenos Aires

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GENERAL PAZ - Córdoba

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MANFREDI - Córdoba

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AVIA TERAI - Chaco

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GENERAL PINEDO - Chaco

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AMÉRICA - Buenos Aires

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Quequén - Buenos Aires

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4 5

10 3

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6

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Las Lajitas grain elevator

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Port Terminals

1 2

Its port logistics capacity place Bunge Argentina in an unbeatable position. Logistics services in ports are available 24/7, 365 days a year, from receipt and storage, to loading and unloading grains, oil and by-products. Its significant loading and unloading capacity, its facilities flexibility, the time optimization of transfers from origin to destination and the immediate assistance to ships in its port terminals allow Bunge Argentina to ship, in average, two transoceanic vessels a day, full capacity.

LOCATION 1 Puerto General San MartĂ­n Terminal Santa Fe 2 Ramallo Terminal Buenos Aires

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Ramallo Industrial Complex and Port Terminal

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Global Strategy,

Orientation and source of motivation. Bunge Argentina’s strategy is orientation and source of motivation. It includes critical activities the company guides. It reveals the aim in terms of long-term goals, action programs and priorities in resources assignment.

PURPOSE: improving quality of life, fostering the global chain of agricultural business and food.

Besides, it describes where it is and where it wants to get. The company has a global strategy made up of different elements that make it stand out and be the market leader. Its purpose, objective, strategic foundations and organizational style set its course and outline the real sense of business.

Rona: Return On Net Assets WACC: Weighted Average Cost of Capital EPS: Earnings Per Share

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Management Style

Corporate Values: Behavior guidelines and foundations.

Decentralization and ability to face new scenarios.

The company’s values have always been reflected in its activity. They are essential guidelines for each of its employees and foundations around which it operates.

• Its objective is to be the most efficient and better integrated agribusiness company of Argentina providing better quality products, services and logistics to its clients. • The management style and corporate values of Bunge Argentina reflect the organization model that has sustained its permanence and continuous growth. • Throughout its 120 years of history, the company has prospered, allowing local teams to operate with self-motivation, the ability to identify and capitalize opportunities and tendencies, responding more efficiently to clients’ needs. • Having a flexible and efficient requires an organization employees to act with integrity, work in teams, be open and generate trust, foster entrepreneurship and be responsible for the community they work in.

Integrity

Honesty and fair guide our every action.

Teamwork

We value individual excellence and work as a team for the benefit of Bunge and our stakeholders

Entrepreneurship Citizenship We prize individual initiative to meet opportunities and deliver results.

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We contribute to the development of individuals and the social and economicfabric of our communities, and we act as stewards of the environment.

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Openness and Trust We are open to other ideas and opinions, and we trust our colleagues.

“WE’RE TRUSTWORTHY PEOPLE, WE PROVIDE A FAIR DEAL FOR OUR PEERS, SUPPLIERS, CLIENTS AND OUR COMMUNITIES.”

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Economic Impact The company has a vast scale that can be analyzed from several aspects: accounting and financial aspect; the number of employees it employs throughout the country (generating indirect employment that becomes apparent exponentially); its leadership in the market; and for giving a tangible sample of its commitment to the communities in which it works. As a subsidiary of Bunge Limited, Bunge Argentina consolidates all its accounting and financial statements in its parent company. This information is available to be consulted at www.bunge.com/ investor-information The company employs 1481 people in Argentina, throughout the country, generating direct employment in 9 provinces. Bunge Argentina exports 95% of products and by-products derived from the processing of oilseeds.

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Likewise, 55% of the production from the Food business unit and 96% of fertilizers are traded in the local Argentinean market. The company doesn’t receive direct economic aid from the government. It believes that the investment in actions and benefits aimed at improving the quality of life of the community is one of the predominant roles in the practice of corporate responsibility. During 2011, funds were earmarked for voluntary investments in the community, for a total of $3,721,277.28. This is just one sample of the contributions in terms of corporate social responsibility that Bunge Argentina makes. Besides, it organizes programs and positions regarding public aspects and manages their relation with the community through motivating corporate volunteering and transparency and integrity of its usual operations.

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+ 1450 EMPLOYEES 95% OF PRODUCTION ASSIGNED TO EXPORTS LEADER IN FERTILIZER PRODUCTION LEADER IN THE PRODUCTION OF SOYBEAN BY-PRODUCTS BUNGE

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Own Model of Sustainable Development Bunge based its corporate citizenship principles on the commitment of the city behavior, acting ethically, maximizing value, minimizing environmental impact, ensuring high safety standards in its facilities and promoting the well-being of the communities in which it works. Thus, its Global Sustainability Policy Serves as a guideline in each of these matters.

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“WE PROVISION FOR THE WORLD; IMPROVE THE QUALITY OF LIFE; ENCOURAGE SUSTAINABLE DEVELOPMENT” 2011

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Global Sustainability Policy It is Bunge’s purpose to improve life by optimizing the food production and agricultural business chain at a global scale. We are committed to sustainable development and we adhere to the following principles. We will try very hard to be good citizens by contributing to the economic and social development of the communities in which we work. We will work to achieve high levels of environmental care by adopting improvement practices, which are based on science, culturally sensitive and pragmatic, and by encouraging the application of these practices into the supply chain.

We will join companies and organizations to foster and apply sustainable practices, and we will openly report our activities, holding a constructive dialogue with people related to the company. We will apply these principles on our operations and we will try to achieve goals at a global as well as a regional scale.

Bunge aims at improving life by optimizing the food and agribusiness production chain globally. BUNGE

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Organization’s Structure President Enrique Humanes Administration and Finances Director Ignacio Álvarez

Commercial Vice President Rubén Rodríguez

Manufacturing Director Carlos Nowik

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Provisioning and Logistics Director Horacio Moretti

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Sales

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Originations Director Guillermo Marcotegui


HR and Communications Director Walter Savarecio

Fertilizers Director Daniel Orjales

Food & Ingredients Segment Ram贸n Fern谩ndez Asenjo

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Ignacio Álvarez Administration and Finances Director Since 2001, Ignacio Álvarez has been the Administration and Finance Director in Bunge Argentina. He has been buildinghis professional career since 1978 working in different manager roles in the Controlling and Auditing areas, in related companies. He got a degree as a Certified Public Accountant.

De izquierda a derecha: Ignacio Álvarez, Daniel Orjales, Horacio Moretti, Rubén Rodríguez,

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Daniel Orjales

Horacio Moretti

Rubén Rodríguez

Director of the Fertilizers Business Unit

Provisioning and Logistics Director

Commercial Vice President

Since 1999, Daniel Orjales has been the director of the Fertilizers business unit. He joined the company in 1990 and built a vast experience in the areas of: commercialization, sales, origination, and logistics. He began his career in leading companies such as Ferrocarril Roca and La Plata Cereal S.A.

Horacio Moretti has been the Provisioning and Logistics Director since 2011. Earlier in his career, and for a period of five years, he was the Manager of Ramallo Industrial Complex and Bahía Blanca Terminal. He is been a member ofJunta Nacional de Granos for 14 years. He is an Electrical Engineering and attended a postgraduate course on industrial safety.

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Ruben Rodrígues has been the Commercial Vice President since 2011. Before, he was the Commercial Director for seven years. He has a vast experience related to the commercial area of the agribusiness sector, he was the Commercial Manager of La Plata Cereal S.A., Louis Dreyfus and Guipeba.

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Carlos Nowik Manufacturing Director Carlos Nowik has eight years of professional experience in Bunge Argentina, he joined as the industrial complex manager. In 2011 he took the role of Manufacturing Director. Before that, he worked at Unilever de Argentina S.A. for a period of twelve years. He studied Electrical Engineering and has a master in Business Administration.

Enrique Humanes, Walter Savarecio, Guillermo Marcotegui y Carlos Nowik.

Enrique Humanes

Walter Savarecio

Guillermo Marcotegui

President

Human Resources and Communcations Director

Director of the Originations Business Unit

Walter Savarecio has been the Human Resources and Communcations Director since 2006. He joined the company in 2002 as Human Resources Manager. He holds a degree in Social Communication with industrial relations orientation, a degree in Political Sciences, and a master in business management.

Guillermo Marcotegui is a Certified Public Accountant, he has a master in Business Administration and he has been the Director of the Originations business unit since 2011. He joined the company in 1992 and had commercial and administrative functions. Previously, he held different roles in companies such as Scabon, Rigat y Asociados, Swift Armour S.A. and Hospital EspaĂąol from Rosario.

Enrique Humanes has been the president of Bunge Argentina since 2011. He began his career in the company in 2000 as Operations Director. Before joining Bunge Argentina, he worked in industrial positions at Unilever and Dow QuĂ­mica. He has a Chemical Engineering degree and two post-graduate degrees: a Master in Business Administration and Process Manager Administration.

Pecom Agra S.A., Sesa and Telintar, were some of the companies where he developed his professional career.

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Corporate Governance Mechanisms which define business management. Bunge Limited demands high levels of integration and proper ethical criteria from its employees.

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The company has a series of Corporate Governance mechanisms aimed at management transparency, risk aspects control and other governance key aspects. The established mechanisms are the following:

Bunge Limited Policy on the Foreign Corrupt Practices Act As a result of the investigations carried out by the Securities and Exchange Commission (SEC) in the mid-70s, over 400 American companies admitted having made illegal or dubious payments for over USD 300 million to foreign government officers, politicians or political parties. Many of these payments were illegal political contributions as well as foreign officers payment that can be considered as bribes.

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In 1977 the United States Congress approved the US Foreign Corrupt Practices Act (FCPA) to limit the bribes of foreign officers and restore public confidence in the American business system’s integrity. Bunge Limited requires strict adhesion to the text and meaning of all laws, and demands high levels of integrity and proper ethical criteria of all its employees, representatives and partners. Likewise, it is Bunge Limited’s policy to manage all its activities in compliance with the US Foreign Corrupt Practices Act, as well as with all local corruption acts.

Ethical Line It is a toll free line and website that can be used to anonymously submit any inappropriate behavior within the company. Any behavior that can be considered detrimental to the company or its members, can

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be reported through the Ethical Line. The line is managed by the consultant Global Compliance, a reliable independent thirdparty with proven experience in this type of service. Reports are received directly in the Global Compliance offices, ensuring confidentiality and independence. Then they are sent to Bunge Argentina’s Board of Directors, who carries out the correct courses of action. The means of contact are available to all organization’s members. Once contact is made, the person receives assistance from a specialist that will guide him/her and report the received information. It is important to highlight that during 2011, the Ethical Line did not receive any discrimination reports or accusations.

Commercial Code of Conduct The purpose of this Commercial Code of Conduct is to establish minimum

guidelines of business conduct required of all Bunge directors, officers and employees. The members of the Bunge Limited Executive Committee are responsible for implementing and monitoring compliance with this Code in their respective Bunge companies. The code sets rules for: • Conflicts of interest: personal investments, corporate opportunities, commercial relationships, presents and bonuses, confidential information, acquisitions, loans and gifts. • Compliance laws • Fair dealing and integrity.

in a dubious way while its real value is less. Its objective is to avoid fraud and bankruptcy risks, protecting the investor. This act, beyond the United States, involves both all the companies publicly listed in the NYSE (New York Stock Exchange) and its affiliates. SOX implementation model in Bunge Argentina includes 30 IT controls and 134 operational controls deployed in the processes of Governance, Origination and Grains, Fertilizers, Ports, Biodiesel and Food; which means that all Bunge Argentina’s business units are included in the risk controls within the Sarbanes Oxley Act.

• Protection and proper use of Bunge assets.

Sarbanes Oxley Act Sarbanes Oxley Act was created in the United States, its purpose is to monitor companies publicly listed, avoiding its shares to be altered

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Products and Services Provisioning for the main productive areas. PRODUCTS 1. Fertilizers Bunge Argentina produces nitrogen, phosphate, potassium and sulfur fertilizers, having, thus, the most demanded fertilizers in the country. This is combined with imported products so as to supply the agricultural production with the most complete range of fertilizers in the market. Fertilizers production is aimed mainly at local consumption and agricultural use, supplying the main productive areas, both with intensive and extensive crops. To a lesser extent, this production is also aimed at exporting products to neighboring countries.

Fertilizantes líquidos • 32% UAN liquid fertilizer (retail name: SolMIX). • Liquid ammonium thiosulfate + UAN combinations (retail name: SolMIX). • Liquid potassium thiosulfateKTS (retail name: SolKS). • Foliar (retail name: FoliarSol). The company also has a line of products devoted to the industry: • Industry ammonia. • Cooling ammonia. • Industry prilled urea. • FoliarSol U. • Photografic grade TSA.

In-house production products Solid fertilizers • Prilled urea. • Calcium simple superphosphate (retail name: SP 20 Ramallo). • N-P-K mixtures, which are national production (retail name: Startmix).

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National production liquid and solid fertilizers 2011

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2. Agribusiness Intended for food production, Bunge is one of the leading market grain companies in Argentina. Its activity integrates receipt, storage, conditioning and commercialization of grains and oilseed such as: •Wheat •Corn •Soy •Peanut •Sunflower •Safflower Soybean is the main oilseed in the world and the focus of the company’s processing activity. By crushing oilseeds, meal for animal feed and vegetable oils –crude for industrial use and

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Fertilizers

Agribusiness

Grains

Nitrogen Phosphate Sulfur NPK mixtures Foliar

refined for human consumption– are obtained. Protein meals are mainly used for animal feed.

Foods

Logistics and elevation

Grain elevators Fertilizers warehouses Port terminals

Crude oil Meals and pellets Biodiesel Lecithin Refined oil Glycerine

Meals and pellets • HiPro soy meal. • LowPro soy meal. • Safflower meal. • Soy pellet. • Peanut pellet. • Sunflower pellet.

Animal nutrition

Crude and edible oil • Crude degummed soy oil. • Peanut oil. • Crude sunflower oil. • Safflower oil. • Refined soybean oil. • Refined sunflower oil.

Products: • Hipro soy meal (47%). • Lowpro soy meal (44%). • Profat soy pallet (44%). • Safflower pallet/meal. • Whole sunflower pallet. • Peanut pellet.

SERVICES Logistics and elevation

Refined oils: 100% soybean. 100% sunflower. Combined oil. Special products: • High oleic sunflower oil. • Crude peanut oil. • Canola oil. • High oleic safflower crude oil. • High linoleic safflower crude oil.

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Bunge Argentina has raw materials for balanced food processing from soybean, safflower and peanut milling process.

3. Food:

Soybean is focus in the company’s crushing activities.

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The company understands its core business cannot work properly without an integrated and efficient logistics and elevation system. That’s the reason why it has a unique national logistics planning that allows it to meet all its commercial commitments and generate a competitive advantage in the market.

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For this report, Bunge Argentina carried out interviews with stakeholders such as great numbers of organizations, entities, role models, company’s executives and governance.

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This is the first Bunge Argentina’s sustainability report , carried out within the Global Reporting Initiative (GRI) framework. Nevertheless, prior reports have taken into account GRI aspects, mainly in the preparation of indicators, which allows, as with the environment, the analysis of their historical evolution. For this report, Bunge Argentina carried out interviews with stakeholders such as a great number of organizations, entities, role models, company’s executives and governance. The stakeholders’ selection criteria was based, on the one hand, on those interest groups related to Bunge Argentina operations, in sites and communities close to its locations (organizations, different NGOs, etc.) and, on the other, on groups of people that have a direct impact in the company, because of their actions in the organization (shareholders, employees)

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and their direct relationship with it (suppliers, origination, customers). Other stakeholders, whose interaction with Bunge Argentina generates strategic impact issues, both for one or the other party, have been taken into account in the interviews. As a result of this process, a Materiality Framework with matters interest was designed for the stakeholders. In this outline, you can identify issues taken into account, by interest groups involved in the dialogue, and how these matters affect them (vertical dimension), as well as how the organization can influence each aspect (horizontally). All these matters are addressed according to its criticality and are developed throughout the report. This matrix will be reviewed as new dialogues with stakeholders are added.

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MATERIALITY MATRIX – BUNGE ARGENTINA

Social investment in public infrastructure

SUSTAINABILITY CRITICAL ASPECTS Managed through indicators and with defined management approaches

Education Environment in relevant locations

TIC

IMPA C T ON S TA K EHOL DER S

Game

SUSTAINABILITY IMPORTANT ASPECTS

Health

Training in Managed through

Environmental global initiatives

Nutrition

Organizational compromise programs

Donations

BTS (Bunge Talent School)

Managed through programs and policies. In some cases management indicators are measured

ASPECTS IN SUSTAINABILITY AGENDA For which there are defined programs and initiatives

Internal communication OTHER SUSTAINABILITY ASPECTS Sponsorships

Not included in the report, there might have been actions performed on these aspects

BUNGE INFLUENCE

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Stakeholders involved in the dialogue process AMEGHINO / BUENOS AIRES Ameghino Rural Society BAHÍA BLANCA / BUENOS AIRES LALCEC Integral service for the family Bahía Blanca Stock Exchange Cecilia Grierson Foundation Bahía Blanca City Hall Receivers of grain and by-products Union of the Argentine Republic (URGARA) Argentine Association of Employees of the Merchant Navy CAMPANA / BUENOS AIRES Technical School # 1 “Luciano Reyes” School # 16 School # 7 Staff from the Local Department of Motor Vehicles Campana Industrial Union Campana Development Agency Safety and Hygiene Local Committee - Campana Campana School Council Junior High School # 1 Junior High School # 3 Junior High School # 6 Special School # 502 School # 19 Juan XXIII Elementary School # 14 Elementary School # 15 Elementary School # 5 Elementary School # 6 Elementary School # 9 Campana City Hall Kindergarten # 901 Kindergarten # 902 Kindergarten # 903

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CAMPANA / BUENOS AIRES Kindergarten # 904 Kindergarten # 905 Kindergarten # 906 Kindergarten # 907 Kindergarten # 908 Kindergarten # 909 Kindergarten # 910 Kindergarten # 911 Kindergarten # 912 Kindergarten # 913 Kindergarten # 914 Kindergarten # 915 Kindergarten # 916 Kindergarten # 917 Kindergarten # 918 Kindergarten # 919 Kindergarten # 920 Kindergarten # 92 1 Kindergarten # 922 Kindergarten # 923 Kindergarten # 924 Minimum Preschool Services SEIMM # 1 Minimum Preschool Services SEIMM # 2 Zárate Chemical and Petrochemical Union CAPITAL FEDERAL / BUENOS AIRES Bunge y Born Foundation Leer Foundation National Ministry of Labor National Office of Agricultural Commercial Control (ONCCA) Argentine Petrochemical Institute Association of Gas Industrial Consumers of the Argentine Republic (ACIGRA)

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CAPITAL FEDERAL / BUENOS AIRES Association of Road Racing Drivers (ACTC) Association of Major Users of Electrical Energy of the Argentine Republic (AGUEERA) Argentinean Industrial Credit Association (ACIA) Buenos Aires Stock Exchange Argentine Chamber of Biofuel (CARBIO) Argentine Chamber of Commerce American Chamber of Commerce (AMCHAM) Oil Industry Chamber of the Argentine Republic (CIARA) Industry Chamber of the Argentine Fertilizers and Agrochemicals Industry (CIAFA) Argentine Chamber of the Chemical and Petrochemical Industry (CIQyP) Chamber of Commercial Private Ports Chamber of Agricultural Health and Fertilizers (CASAFE) Graduate School on Pediatric Nutrition (CESNI) International Innovation Centre of Agriculture Technology Fertilizar Latin American Economic Research Foundation (FIEL) Pediatric Hospital “Profesor Juan P. Garraham” Majdalani Foundation and Centre of Moral Development RAP Foundation Buenos Aires City Government IDEA Institute for the Argentinean Business Development Argentinean Petrochemical Institute (IPA) Buenos Aires Technical Institute (ITBA) IRAM – Argentine Institute of Standardization and Certification Agribusiness Program of UBA Austral University Buenos Aires University (UBA) Argentine Birds Association

BUNGE

EL PARAíSO / BUENoS AIRES Rural School # 12 “24 de Octubre” Rural School # 14 “Almirante Brown” Rural School # 17 “Ignacio Aguirre” Rural School # 2 1 “José Hernandez” Rural School # 25 “Emilio Martínez de Hoz” Rural School # 9 “Manuel Nicolás Savio” GENERAL JUAN MADARIAGA / BUENOS AIRES Rural School # 18 “Juan Andrés Burgos” INGENIERO WHITE / BUENOS AIRES Commercial Club of Ing.White Club Huracán School # 40 Juan Vusetich Kindergarten # 905 Ing. White Kindergarten # 932 Boulevard Regional Office of Ing. White Commercial Club of Ing.White Junior High School # 1 “Gral. E. Mosconi” Kindergarten # 905 Kindergarten # 922 Kindergarten # 926 Kindergarten # 943 Kindergarten # 953 Kindergarten # 932 PEREZ MILLÁN / BUENOS AIRES Rural School # 20 San Carlos Buenos Aires Province / Buenos Aires BUREAU OF CULTURE AND EDUCATION RAMALLO / BUENoS AIRES UIPBA Ramallo Volunteer Firemen Association Ramallo City Council

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2011

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RAMALLO / BUENOS AIRES Elementary School # 1 Elementary School # 3 Ramallo Elementary School Rural School # 10 “Juan Bautista Azopardo” Rural School # 2 “Coronel Félix Bogado” Rural School # 7 “República de Colombia” Argentine Federation of Chemical and Petrochemical Industries Workers. Federation of Workers and Employees of National Oil and Related Industries “Viva el Río” Festival Ramallo Institute Ramallo City Hall “El Pescador” Award from Ramallo Ramallo’s Municipal Ecological Reserve Receivers of grain and by-products Union of the Argentine Republic (URGARA) SALTO / BUENOS AIRES Rural School # 17 “Granaderos de San Martín” SAN NICOLÁS / BUENOS AIRES National Technical University of San Nicolás (UTN) Argentine Association of Employees of the Merchant Navy TRENQUE LAUQUEN / BUENOS AIRES Trenque Lauquen National University VILLA GENERAL SAVIO / BUENOS AIRES Rural School # 4 “General José de San Martín” VILLA RAMALLO / BUENOS AIRES Elementary School # 27 Elementary School # 5 Elementary School # 6 Rural School # 11 “Hipólito Yrigoyen” Rural School # 13 “Paula Albarracín” Rural School # 15 “Mariano Santos Mutti”

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ZÁRATE / BUENOS AIRES Elementary School # 2 Coronel de Marina Tomas Espora AVIA TERAI / CHACO Community Centre of Integration (CIC) Rural School # 182 Rural School # 259 Rural School # 381 “Pioneros de Pampa Grande” Rural School # 513 Rural School # 628 Rural School # 739 “José León Suarez” Rural School # 846 Rural School # 946 Dr. Pedro Chutro Hospital National Program against Chagas Sanitary Intervention Program against Chagas CHARATA / CHACO Rural School # 120 Rural School # 128 “Pampa Paez” Rural School # 170 “Pampa Paez” Rural School # 193 “Zenón Mateos” Rural School # 229 “Pampa Cejas” ROQUE SAENZ PEÑA/ CHACO Rural School # 139 “Gregoria Matorras” Rural School # 233 “Profesor Adán R. Barrios” Rural School # 284 Rural School # 7 52 QUITILIPI / CHACO Rural School # 27 7 Rural School # 303 Rural School # 329 “Carlos Eduardo Casco” Rural School # 416 Rural School # 478 Rural School # 480

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QUITILIPI / CHACO Rural School # 691 “Margarita Verón de Struciat” Rural School # 709 “General José María Paz” Rural School # 7 7 1 “Juan Larrea” Rural School # 809 Rural School # 812 “Nicolás Avellaneda” Rural School # 87 5 “Maestro José Urlich” Rural School # 933 Rural School # 965 RESISTENCIA / CHACO Resistencia Stock Exchange ALMAFUERTE / CORDOBA Rural School María Luisa Pellegrini Gómez de Ballesteros Barros CÓRDOBA / CÓRDOBA Private Agriculture School of Córdoba Córdoba Stock Exchange Argentine Peanut Chamber Chamber of Foreign Commerce of Córdoba Industrial Chamber of Vegetable Oils of Córdoba Mediterránea (IERAL) Foundation Agriculture Ministry of the Province of Córdoba Industrial Union of the Province of Córdoba (UIC) Córdoba National University (UNC) MANFREDI / CÓRDOBA Rural School # 17 1090 “Rafaela Sanchez” Río CUARTO / CÓRDOBA Río Cuarto National University (UNRC) Río TERCERO / CÓRDOBA IPEM # 266 - Technical School Gral. Savio TANCACHA / CÓRDOBA Magistrate’s Court Tancacha Volunteer Firemen Caritas

BUNGE

TANCACHA / CÓRDOBA CENMA Río Tercero Branch School and Dining Hall San Martín Dining Hall Ipem 288 Tancacha City Council Special School Tancacha Elementary School General José de San Martín Elementary School José María Paz Rural School # 313156 “24 de Septiembre” Federation of Workers and Employees of National Oil and Related Industries Tancacha Foundation Daily Home Tancacha City Hospital Middle School Institute # 7 5 Manuel Belgrano Institute San José Parish Institute Elementary and High School Institute Santiago Ramón y Cajal Tancacha City Hall VILLA ASCASUBI / CÓRDOBA Club Atlético Ascasubi and Public Library Rural School “Juan José Paso” CORRIENTES / CORRIENTES Norwest National University PARANÁ / ENTRE RÍOS Paraná Stock Exchange CARRIZAL DE CUYO / MENDOZA Rural School # 126 4 “Pedro José Videla” CINCO SALTOS / RÍO NEGRO Graduate School # 5 APoLINARIo SARAVIA / SALTA Rural School # 4 466 “Nuestra Señora del Huerto” Rural School # 4 499

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2011

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CORONEL MOLLINEDO / SALTA Rural School # 4562 “San Héctor Valdivielso Sáez” CORONEL OLLEROS / SALTA Rural School # 4 476 “Luisa Domitila Saravia” EL QUEBRACHAL / SALTA Rural School # 4174 “Santa Teresita del Niño Jesús” Rural School # 4324 “Comandante Luis Piedra Buena” Rural School # 4 438 Rural School # 4608 GAONA / SALTA Rural School # 4203 “Carolina Botteri” LA FLORIDA / SALTA Rural School # 42 15 “María Azucena Ruiz” LAS LAJITAS / SALTA Rural School # 426 7 Rural School # 436 4 “Francisco Lorenzo Juncosa” Rural School # 4 420 “Maestro Rural Argentino” Rural School # 4625 Antártica Argentina School Kindergarten MACAPILLO / SALTA Rural School # 4 400 “Leopoldo Lugones” PIQUETE CABADO / SALTA Rural School # 4561 “Patricias Argentinas” RÍO DEL VALLE / SALTA Rural School # 457 2 SALTA / SALTA Northern Grain Producers Association (Prograno) SALTA FORESTAL / SALTA Rural School # 426 4

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ALBARELLOS / SANTA FE Rural School # 87 “Juan Pascual Pringles” ALVEAR / SANTA FE Pequeña Obra de la Divina Providencia, Don Orione Cottolengo CAÑADA DE GÓMEZ / SANTA FE Farm and workshop “Protegido Nazareth” CARCARAÑÁ / SANTA FE Technical School # 486 Carcarañá Animal Welfare Society “Puente Cultural” Association Carcarañá Volunteer Firemen Athletic Club Carcarañá Special School # 2065 “Don Vicente Hamson” LALCEC CORONDA / SANTA FE Rural School # 288 “José Hernandez” PUERTO GENERAL SAN MARTíN / SANTA FE High School Institute # 25 “Beppo Levi” Recreational Community Centre for the Elderly (CECRAM) Health Centre Catalina Salomón 5° Police Station Puerto General San Martín City Council PSM Volleyball Team Private secondary school # 3134 “Niño Jesús” School Gobernadores Cullen Rural School # 328 “General José de San Martín” Pescar Fundation Puerto General San Martín City Hall Puerto General San Martín City Sports Center Union of Workers and Employees of the Oil Industry ROLDÁN / SANTA FE City kindergarten “Huellitas”

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ROLDÁN / SANTA FE Roldán Volunteer Firemen Rural Hospital # 61 ROSARIO / SANTA FE Argentine Association of Fat and Oil (ASAGA) Post-Crop Argentine Association (APOSGRAN) Direct Farming Producers’ Argentine Association (AAPRESID) Association of Coastal Industrial Relations’ Leaders (ADRIL) Rosario Stock Exchange Arbitrary Chamber of Oil and Vegetable by-products Junior High School # 27 2 “Juan Bautista Alberdi” College # 49 “Capitán Gral. Urquiza” Faculty of Agricultural Sciences of Rosario National University Faculty of Exact Sciences, Engineering and Land Surveying of Rosario National University Student Group of Mechanical Engineering (MECANO) Argentine Society Pro-Continuous Improvement (SAMECO) Argentine Catholic University (UCA) Rosario National University (UNR) National Technical University of Rosario (UTN) SAN JERÓNIMO SUD / SANTA FE Athletic Club El Porvenir del Norte Athletic Club San Jerónimo Sud Rural Security Guard “Los Pumas” High School Basic Cycle # 1237 “José Hernandez” Retirement Center from San Jerónimo Sud 8º Police Station from San Jerónimo Sud San Jerónimo Sud City Hall Public Works and Services Cooperative Office of Public Defense Provincial School # 6053 “D.F. Sarmiento” Kindergarten # 258 “Colonias San Jerónimo”

BUNGE

SAN LORENZO / SANTA FE Infantile Paralysis Disease Control Association (ALPI) Neighborhood association “Díaz Vélez” Chamber of Maritime and Harbor Activities of Santa Fe Chamber of Commerce, Industry and Services of San Lorenzo and Surroundings Social and Sports Club Defensores Remedios de Escalada Sapper Firemen Brigade Regional Unit XVII Technical School # 293 “Posta de San Lorenzo” Private Middle School # 8111 Ntra. Sra. de la Misericordia Technical School # 47 7 Combate de San Lorenzo School # 2 19 “Nicasio Oroño” Private School # 1002 “San Carlos” Granaderos a Caballo Hospital San Lorenzo Coast Guard Argentine Association of Employees of the Merchant Navy SANTA FE / SANTA FE Santa Fe Stock Exchange Santa Fe Industrial Federation (FISFE) Santa Fe Province Ministry of Labor National University of the Littoral ( UNL) DELFíN GALLO / TUCUMÁN Rural School Santiago Gallo LAS CEJAS / TUCUMÁN School # 87 Provincia de Córdoba TUCUMÁN / TUCUMÁN Tucumán Rural Society JAPAN / JAPAN Agricultural & Livestock Industries Corporation (ALIC) Communal fund to help the victims of Tohoku earthquake

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Human Capital A sustainable workspace for 1481 employees. Development

Staff turnover less than 0.32%

Well-being and satisfaction

Work environment

33742 hours of training

3920 hours of training at “Bunge Talent School”*

100% of the payroll included in the performance assessment program

Responsible citizenship

Sustainable work management

Internal communication • Combined committees of Occupational Health and Safety

Internal campaigns

• Loss Total Control • Acquisition of the Global Work Policy International assignments

Continuous improvement of the proactive safety indicator

* Bunge Argentina Talent Development School

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Corporate volunteering


The organization encourages harmonization between individual objectives and those set by the organization.

The culture, management style and employees of Bunge Argentina are the differential factors that helped the company become the best integrated agribusiness in the country. That is why its human resources management aims at gaining, developing and boosting human capital, consolidating a highly motivating work environment that ensures commitment to the objectives to be reached. Bunge Argentina generates actions and training programs by providing employees with attitudinal and technical tools that will allow them to reach optimal performance, keeping up with the growing evolution of their businesses. The organization encourages an active management style, reinforces teamwork, proper delegation of functions and harmonization between individual objectives and those set by the organization. Bunge Argentina trusts its people, for being the drive

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of the organizational strength. Below, there are some of the company’s distinguishing features in the human capital field. •

It understands itself as a flourishing organization in constant learning.

It aims at continuous training of its human resources, for being a tool that allows new needs, both locally and globally to be addressed.

It takes on the commitment of professionally training its people with responsibility and dedication, boosting individual initiatives.

It values personal abilities such as: willingness to learn continuously, flexibility, proactiveness, creativity and innovation, team spirit, good interpersonal relations, professionalism, orientation to quality and excellence.

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Sustainability in Human Capital Management indicators 53,53%

Job Performance

46,47%

Staff on 31.12.11: 1481 Employees Employment type: 100% own payroll General rotation index (1): 0,327%

Development Total training hours: 33742 4%

Average per person: 23 hours BTS total training hours: 3920 BTS average per person: 6 hours

96%

Performance measurement program: 100% of the payroll (1) [(New hires in the period – terminations)/ headcount] 100

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Employees by province and contract type.

A) Tucumán Fixed-term - Full time: 8 Indefinite employment contract: 9 Total: 17

A

F) Santiago del Estero “Our people and our profile Fixed-term - Full time: 1 are shaped according to Indefinite employment contract: 4 Total: 5 the characteristics of the communities in which we work.”

Bunge Argentina generates direct employment in 9 Argentine provinces.

G) Córdoba Fixed-term - Full time: 19 Indefinite employment contract: 158 Total: 177

E

F

G

H

I J

C

I) Buenos Aires Fixed-term - Full time: 5 Indefinite employment contract:525 Total: 530 J) Buenos Aires - Cap. Federal Fixed-term - Full time: 4 Indefinite employment contract: 139 Total: 143

C) La Pampa Indefinite employment contract: 1 Total: 1

A rgentina

E) Chaco Fixed-term - Full time: 7 Indefinite employment contract: 5 Total: 12

H) Santa Fe Fixed-term - Full time: 7 Indefinite employment contract: 67 Total: 574

B

B) Mendoza Indefinite employment contract: 2 Total: 2

BUNGE

D) Salta Fixed-term - Full time: 5 Indefinite employment contract: 15 Total: 20

D

2011

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Its management is based on four pillars: Development, Well-being and Satisfaction, Work Environment and Responsible Citizenship, which summarize a value proposal for its employees.

Human capital as a value source

The company recognizes the good performance of its people, the ability to add value and the contribution to the business results. •

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Bunge Argentina encourages the enterprising spirit. It shows a sense of urgency and guidelines for action. Its employees are encouraged to take new challenges. It promotes training and encourages innovative thinking, providing the opportunity to grow and move forward, permanently incorporating behavioral and technical abilities.

Bunge Argentina works as a team following a common goal. Its communication is simple, honest and direct. It encourages a dynamic and flexible work environment where people are challenged with responsibilities and projects that exceed their experience, shape their abilities and develop their inclinations. It motivates its employees to achieve their professional goals in balance with their personal life.

Bunge Argentina commits itself to contributing to the development of its employees’ careers, providing the necessary tools to develop assets. People that work in this company have the opportunity to learn in different ways: through formal development programs and through coaching (the experience transferred from a boss to a contributor.)

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The company aims at the future and focuses interest on its people, to nticipate and respond to the growing market demands. It trusts its employees and appreciates their personal contributions as part of the individual effort and in virtue of a common mission.

Bunge Argentina encourages its employees to experience “The Pride of Being Bunge” Its management is based on four pillars: Development, Well-being and Satisfaction, Work Environment and Responsible Citizenship, which summarize a value proposal for its employees.

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International assignments

Local integration – Gender and age group

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Employees are assessed and rewoarded according to their goals and objectives achievement.

BTS (Bunge Talent School): Talent development school

Thus, Bunge Talent School provides a series of benefits:

For Bunge Argentina, “the big protagonists in building a professional career are each of the individuals, as they are the main authors and actors in the future.” This demands the analysis of what each person wants, observing the challenges that come up and, as a result, orienting their behavior to the desired goal. In that scenario, the companies are “facilitators” of the career goals. Its basic responsibility is generating opportunities, providing training tools and deploying relevant actions, so that its employees can leverage the possibilities that the business generates. This is the philosophy according to which Bunge Talent School was created:

“A pillar in the management of our employees” Bunge Talent School was started on June 29th, 2012. The purpose of this initiative is to contribute to the challenges of monitoring performance, managing the professional future and satisfaction of its people. The goal is to make sure that employees have more tools to keep reinforcing their abilities through virtual and classroom training aligned with the demands of its present role and future assignments.

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Consolidating training offers, aimed at management abilities development, reinforcing the company learning’s efficiency.

Orienting training towards the creation and retention of talents, through competence deployment, acquisition and strengthening.

Providing offers classified by audience, standardized according to what each role demands.

Calling to consolidate the company’s role, sharing and experiencing Bunge Management Style.

Talent management Bunge Argentina’s employees are regularly assessed and developed in a fair, extensive and objective way, and there is a concrete visibility and transparency regarding the talents available and staff development processes. In this respect, they are assessed and rewarded according to the achievement of their goals and objectives, what and how they were achieved (for example: behavior, knowledge, abilities and skills.) Talent development is the key component leaders use to evaluate and reward.

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Human resources and leaders of each business unit are partners and directly responsible for Talent Management. Bunge Argentina has the Performance Measurement Program, a tool designed for planning, analyzing, evaluating and improving individual performance. Besides, it clearly determines and sets the expected results of individual performance, aligning personal effort with business strategies.

Work environment Bunge Argentina wants its employees to be aligned with the “company’s objectives” in a nice work environment. In order to know if the company is building a better workplace, every two years a global survey about the work environment is carried out, it is named “Bunge’s employees alignment survey”, managed by Great Place to Work Institute. Organizational strengths are assessed and areas of improvement are identified, with the opportunity to communicate how things are being done. Results are submitted to CEA (Argentine Executive Committee) in meetings with sector managers and then they are reported to all the participants.

Great Place to Work® model (%)

Credibility BAR - Work group vision

Respect

Fairness BAR - Organization vision

Pride

Camaraderie Estrategic Benchmark

Bunge Argentina wants its employees to be aligned with the “company’s objectives” in a nice work environment.

Once strengths and improvement opportunities are identified, the survey’s results are transformed into action plans, shared and worked on together with Management.

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Internal communication The company’s history is signed by big changes that meant important and fast growth, mergers, acquisitions, and different organizational cultures among others.

Bunge Argentina’s communication channels reflect how the company works.

These milestones enabled it to see different ways of thinking, innovating, discovering other people, other situations, new and better ways of doing things. Communication had and has a key role in this process. That’s why the company has developed different internal communication channels to reflect in an appropriate way how it does things, shares its success and improves its processes. These are the most relevant spaces for internal communication that it has:

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Horizontes: by involving all the areas of the company, its internal communication organ reflects comprehensively the organizational strategies, values, vision and goals that support its growth. It also updates all the business and people’s news.

“Coffee & News”: an interaction space which provides tools, information, data and knowledge that serve as support for daily practice. Meetings, can be requested by any specialization area, coordinating attendance through Communications area.

Intranet: is a system that integrates both the information as well as the daily work tools (SAP, mail, etc.) in just one environment, it can be accessed from anywhere. Thanks to this technology, it introduces a better way of working.

Internal boards: they are transparent acrylic displays placed in areas with a greater flow of employees that aim at reporting the most relevant news of the daily routine fast and clearly.

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Organizational commitment programs Bunge Argentina works actively so that its employees can enjoy work-life balance. For this reason it offers different initiatives pointing at continuously contributing to improve their quality of life. It is a must to properly balance work requirements with family dedication and spare time, and the company is firmly compelled to it; only by working together it will make it part of the routine. On the other hand, it recognizes that within the organization there are important circumstances, events, dates in people’s life that are unforgettable. Some stay with us our whole life. Others, though they are part of the routine, are still noticeable. Besides, it has recognized –focused on its Responsible Citizenship corporate value- the virtue of corporate volunteering, those who cooperate and dedicate time unselfishly with the goal of fostering a sustainable development.

They are a response to all and each of the needs of its employees and boost, at the same time, “The Pride of Being Bunge”.

IN EACH OF THE ACTIONS YOU UNDERTAKE, YOU EXPERIENCE “THE PRIDE OF BEING BUNGE”.

Bunge Argentina works actively so that its employees can enjoy work-life balance.

Focusing on work-life balance, corporate celebrations and the satisfaction of sharing important feelings and achievements, the company has generated space for internal campaigns.

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Organizational Commitment Programs

Children’s day celebration

Annual meeting 2011

I Breathe Healthily

Committed to a happy childhood; El Juego de Leer (The Game of Reading).

Together for your community. Corporate volunteering proposal.

100% smoke-free company.

After a fun game suggested during the Annual meeting 2011, employees took the donations made to Children’s Hospital V.J. Vilela de Rosario, Health Center Don José R. Carasa in Puerto General San Martín and # 1237 Annex, High School San Jerónimo Sud.

Bunge Argentina works to create a good work environment. The company suggests improving the quality of life and highlights tobacco puts health at risk. That is why it encourages healthy habits in 100% smoke-free work environments.

Together with Leer Foundation, an internal celebration proposal was developed based on reading. All children, between 0 and 12, Bunge Argentina employees’ children got children books, a literary game and an invitation to participate in a contest.

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Sustainable mobility

Occupational health

Recruiting program

Come to work by bike.

Flu vaccine campaign.

Bring a buddy.

Exercising improves the quality of life and reduces carbon emissions. In action that can be achieved with bicycle lanes, changing rooms, helmets and urban security manual for cyclists.

Flu is a viral disease that mutates year after year. Every winter there are outbreaks of this disease, with variable magnitude and severity, that affect considerably the general population. Bunge Argentina offers its employees the possibility to get the flu vaccine free of charge.

Living up to “The Pride of Being Bunge,� employees take the role of nexus between their social reference group and the employment needs of the company. If that friend happens to be chosen for the job, his/her pair gets a recognition.

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Relaunch of the Ethical Line

Internal online game

The company adheres to high ethical behavior standards in its business, it has a direct and honest treatment and appreciates commitment. As such, it relaunched the Ethical line, a toll-free line and website that employees can use to submit anonymously any inappropriate behavior within the company.

With the Argentine Copa AmĂŠrica 2011 by way of example, employees participated in a fun online game, achieving an exchange space that is fun and innovative.

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Trainees Program Bunge 2011

The Great Move 2011.

2011

Sustainability

Guarantees the excellence of human capital as a present and future competitive advantage of the organization. It consists of the incorporation process of high potential trainees, to foresee future positions demanded by different sector management, providing simultaneous training and development (job training) in the company.

Report


I visited Bunge Las Lajitas (Salta), Tancacha and General Paz (Córdoba), San Jerónimo Sud and Puerto General San Martín (Santa Fe), Campana (Buenos Aires). Schools, post-secondary institutes and universities of all the country visited the company, together with other intermediate institutions interested in learning learning the productive process of its industrial complexes and ports.

Corporate Volunteering Programs

Productive Chain

School – Company coordination (Campana).

During 2007, corporate volunteers contributed to the most important school curriculum of San Lorenzo’s industrial area. It is organized by the Chamber of Commerce, Industry and Services of San Lorenzo and surroundings.

Corporate volunteers from Bunge Argentina motivated high school students’ to approach the culture of work by learning the company’s production processes and specificities that it requires regarding technical and academic knowledge.

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(Puerto General San Martín).

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Celebrating the first decade in the New York Stock Exchange On August 1st 2001, Bunge Limited announced that its 17.6 million shares would be part of the start package publicly offered at the price of USD 16 each. The following day, the company was publicly introduced in the biggest financial market of the world – the NYSE– under the symbol BG. Ten years after that first listing, each share is nowadays around USD 70, showing a clear tendency that reflects business growth and trust. To celebrate these 10 years of achievement, innovation, progress, changes, investment, leadership, reliability and contribution, Bunge Limited invited each of the operating companies to join the event by organizing different community activities.

Bunge Limited invited each of the operating companies to join the event by organizing different community activities.

In Argentina, during 2012, the Bunge Local Trees Program was carried out, and thanks to it over 1500 local species were planted in the communities in which it works.

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Sustainable work

Occupational health and safety management

Global Work Policy.

Bunge Argentina commits itself to keeping a safe and healthy work environment for its employees. The company requires that its operations and employees comply with all the applicable laws, rules and regulations of the countries where it works. Besides, Bunge Argentina’s employees must comply with the corporate policies that include the Code of Ethics and the principles in this Global work policy. Also, Bunge Argentina expects its contractors and suppliers to comply with this policy and the laws that protect workers. The Global work policy covers forced labor, child labor, harassment and abuse, discrimination, security and safety, freedom of association and collective bargaining, wages, benefits and working hours, environment and relationship with the suppliers.

Safety and Hygiene Policy: •

In all its processes, products and services, it complies with the applicable law of industrial hygiene and safety.

No job is so important or urgent to be performed in an unsafe way.

Every accident, occupational disease and unsafe practices are avoidable.

All the employees are responsible for their own and others’ safety.

Safe development is a key indicator of operating excellence.

Bunge Argentina commits itself to keeping a safe and healthy work environment for its employees.

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Industrial Safety and Hygiene Management System

Industrial Safety Proactive Indicators

Since 2001, Bunge Argentina has implemented in all its industrial complexes the Industrial safety and hygiene management system called Loss total control, a tool to manage the hygiene and safety of each activity. This system is made up of 20 elements divided into different subelements. Through the International Classification System of Safety, the implementation degree and conformity with the requirements the system proposes are determined. Such decision is carried out with auditing processes through an external organization (DNV –DetNorske Veritas– Consultant), who owns the license of such system. Safety combined committees 39% of Bunge Argentina employees work in industrial complexes located in the province of Santa Fe (Puerto General San Martín and San Jerónimo Sud) and all of them are represented in the Safety combined committees.

Safety Combined Commitees

Industrial Safety Proactive Indicators are used to perform a follow-up and monitor certain preventive key activities for management. They compare the performance with the set standards, allowing to detect strengths and weaknesses of the management in process. Such indicators are: •

Training hours in safety, hygiene and the environment.

Training hours of emergency brigades.

10-minute talks delivered by middle and upper management (managers and supervisors).

Implementation of Risks warnings (detection of below-standard conditions).

Compliance with preventive and corrective action plans derived from the investigations of past accidents.

Amount of behavioral observations of tasks.

Amount of Accident prevention internal committees meetings.

39% of Bunge Argentina employees work in industrial complexes located in the province of Santa Fe (Puerto General San Martín and San Jerónimo Sud) and all of them are represented in the Safety combined committees.

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ISBAR BAR 2010 - 2011

001 001

ISBAR

Evolution of the industrial safety proactive indicator in 2010 – 2011 in Bunge Argentina

001 001 001 001 001 Ene

Feb

Mar

Abr

May

Jun

ISBAR BAR 2010

Main Activities: Health and Safety at Work Week

Safety proactive indicator – Bunge Argentina ISBAR 0,8 x 11 + 1,1 x 12 + 1 x 13 + 0,8 x14 + 1,2 x 15 + 1 x 16 + 1,1 x17 7

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ISBAR BAR 2011

7th Meeting of Emergency Brigades

To celebrate the Health and Safety at Work Week between the 25th and 29th of April, Bunge Argentina invites everyone to think about the importance of performing tasks in a safe way, always bearing in mind that all occupational diseases and accidents are avoidable, both at work as well as at home. In this opportunity, employees receive a game called Safe Fun, through which various safety concepts are dealt with in an entertaining way. It provides information to all family members about the importance of proceeding safely in all areas.

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“To be prepared is to foresee the events” was the slogan that summoned the emergency brigades of the Industrial Complexes from Ramallo, San Jerónimo Sud, Puerto General San Martín, Tancacha and Campana for the 7th consecutive year, together with representatives of grain elevators from Argentina and Paraguay, which met in San Jerónimo Sud. The set goals were thoroughly covered, since this meeting wasn’t just about training and teamwork –basic principle when there is a need to react to an incidental emergency– but it also was an excellent opportunity to meet with colleagues in a company environment. 11 Total training hours (Bunge staff) I2 Training hours of emergency brigades I3 Amount of 10-minute talks I4 CIPA/CCSS meetings carried out I5 Preventive/corrective actions implemented on time I6 Risk warnings implemented on time 17 Amount of tasks observations

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Citizenship

Together with the community. Urban restructuring in Puerto General San MartĂ­n

Seeder Program

Social investment in public infrastructure

37 years of constant backing of the teacher’s tasks in elementary rural schools

Training in rural schools Social support program and construction of citizenship in communities close to our facilities

Construction of citizenship

Communication and Information Technologies (TIC)

Donation of 60% of netbooks required for all first grade students in Ramallo together with Bunge y Born Foundation. Training program for rural teachers in TIC

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it’s setting a responsibility example, by working in search of solutions for the community, where establishment issues will be changed; in the case of Bunge Argentina it is about one of the first parking lots in the region that is over 30 years, and that its new location today is projected as a solution for urban growth and development in Puerto General San Martín. Therefore, Bunge Argentina will make an important social investment in the coming years. During 2011, infrastructure contributions made in Puerto General San Martín involved an investment of $ 904,728.13.

Bunge Argentina contributes to the human, social and economic development of the communities in which it works. As mandate of a socially responsible company, it promotes actions and programs that aim at a sustainable development of society. In the last few years, it has developed dialogue instances with social role models, from different levels, to get to know the agenda of its social environment. From the dialogues with its stakeholders, the company has identified highly important aspects that impact both its environment as well as its corporate management.

Training in rural schools

Three social programs emerge from that, they have priority in Bunge Argentina’s sustainability agenda.

Social investment in public infrastructure • Social investment in Puerto General San Martín, urban restructuring: with this joint action between the company and the city hall,

• Seeding Program for helping rural schools: Since 2008, Bunge Argentina has supported this program through the Bunge y Born Foundation. The Seeding Program for helping rural schools has backed up teachers’ tasks in elementary rural schools. for 37 years. Collaboration consists of

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provisioning school supplies and materials, and of offering a varied training offer for teachers and headmasters. Up to now, 850 rural schools received these benefits, many of them are located close to the productive areas to which Bunge Argentina relates commercially. http://www.fundacionbyb.org/ educacion.asp

Communication and information technologies (TIC) • Supporting the Digital Literacy Program “Pibes 2.1” in Ramallo: Bunge Argentina gave 60% of netbooks required for the first grade students in the administrative area of Ramallo. While, together with Bunge y Born Foundation, it developed a training program for rural teachers in TIC and supported its implementation assessment process.

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As mandate of a socially responsible company, it fosters actions and programs that aim at a sustainable development of the society.

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More activities with the community Its willingness to create a responsible citizenship led Bunge Argentina to include a series of programs that involved both the organization and the actors of social issues.

Education:

teachers were trained to use the elements.

Games and Values • The game as a field of experience in preschool education: teachers’ training in Campana: Together with Bunge y Born Foundation , the company undertook this new educational path to respond to the existing problems in relation with the game proposals for kids available. The 26 kindergartens from Campana received benefits thanks to this proposal that not only provided them with games, but also, their

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• Building continuity, teachers’ training in Campana: by integrating 5 elementary schools and 5 kindergartens, Bunge y Born Foundation and Bunge Argentina fostered communication, exchange and projects, where the “game” was the link to get a pedagogical culture. • Values in School Project, teachers’ training in Ramallo: the company, Bunge y Born Foundation and Majdalani Foundation developed a Values

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Project for all third grade teachers. Thus, it provided them with the basic guidelines about development and moral and emotional education for children, and with the necessary tools to implement the project in schools.

Bunge Award for Academic Excellence • Bunge Award for Academic Excellence in Ramallo, Tancacha and San Jerónimo Sud: the action, implemented in 2008 in Ramallo, has spread to the communities of Tancacha and San Jerónimo Sud since 2011, awarding the best grade point averages according to different levels (elementary, high school, post-secondary and university).

Nutrition and Health • Nutrition course, teachers’ training in Ramallo: the company supported education projects on healthy nutrition from the

teachers’ program of Buenos Aires province, generating, together with Bunge y Born Foundation and the Graduate School on Pediatric Nutrition (CESNI), a teachers’ training proposal on the topic. • Healthy nutrition course together with the rural schools from Ramallo: all rural schools from the area of Ramallo submitted their internal projects to encourage students to have healthy food habits, promoting, at the same time, their local and own production of food. It had the support of the Bunge y Born Foundation.

supervising and controlling the disease in those under 18 that live in the mentioned city. The suggested intervention aims at reducing morbidity and mortality associated to chagas disease in Avia Terai. • First aid course in schools in Tancacha: students from Santiago Ramón y Cajal Institute participated in the cardiopulmonary resuscitation (RCP) course delivered by the Safety, Hygiene and Environment team of Tancacha’s industrial complex.

• Sanitary intervention against chagas in Avia Terai, Chaco: the company and Bunge y Born Foundation, with the support of the national program against chagas and the city hall of Avia Terai, carry out this plan that includes home disinfection, early diagnosis and treatment of Chagas,

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Sponsorship • Popular Festival “Viva el Río”, Ramallo. • 3rd NGO Fair from AmCham, Capital Federal. • ExpoPuerto 2011, Puerto General San Martín. • SAMECO 2011, Rosario National University, Rosario. • 2°Continuous improvement workshops, National Technical University of Rosario, Rosario. • PSM Voleyball Team, Puerto General San Martín. • Worshop organised by corporate volunteers from the Industrial area of San Lorenzo. • Ramallo city award “El Pescador”. • 2011 Mecano Workshops, Rosario. • Workshops organized by industrial engineering students (JoSEII), Rosario. • IX Workshops on agriculture and livestock organised by agricultural engineering students, Rosario.

Donations • Special donation to Rural School # 87 “Provincia de Córdoba” from Las Cejas (Tucumán): to celebrate the 100 years of the school, together with the Bunge y Born Foundation, Bunge Argentina donated 46 boxes with school material, first aid kits, volleyball and football balls, a DVD and audio equipment for the ceremonies carried out in the outdoor yard. • Special donation to Rural Hospital # 61 Roldán (Santa Fe): As a result of an exhaustive work carried out by corporate volunteers from the company, the Bunge y Born Foundation, authorities from the hospital, the city hall and members of the local city council donated an automatic German power unit with acoustic enclosure that works without human intervention in the event of a power failure, which ensures the continuity of the hospital services, without interruptions and designed for

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providing a better long-term service, taking into account its possible expansions. • Donations to Tancacha (Córdoba) City Hospital and Parks and Walkways: to celebrate the 98th anniversary of the local foundation, the company made a donation of physical training stations for adults for Paseo Central, Camino al Bicentenario. Besides, with the Bunge y Born Foundation, it announced the combined donation of a state-of-the-art X-ray equipment for the radiology service in the City Hospital. • Donation for the communal fund of “Sociedad Japonesa”: Bunge Argentina contributed to the communal fund to help those affected by the Tohoku earthquake and the following tsunamis that beat Japan on March 11th, 2011. The fund was assigned to provide economic help to those non-profit organizations that worked there, mitigating the consequences that the victims of this catastrophe suffered.

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• Plastic donation to Elementary School # 2 “Coronel de Marina Tomás Espora” from Zárate (Buenos Aires): the institution got 7298 kg of plastic to recycle. Thus, Bunge Argentina collaborates with the project on environmental care named “Un trabajo de hormigas con resultados gigantes” and that pursues the goal of promoting environmental consciousness and personal hygiene. • Donation for “Las personas pasan, pero las obras quedan” program in Campana (Buenos Aires): to improve the image of Campana City hall palace’s façade, Bunge Argentina made an important donation that contributed to increase the value of local public goods and spaces.

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Memberships and associations Institution Role ACIA - ARGENTINE INDUSTRIAL CREDIT ASSOCIATION PARTNERS CAMPANA DEVELOPMENT AGENCY PARTNERS ARGENTINE ASSOCIATION OF FAT AND OIL (ASAGA) BOARD OF DIRECTORS POST-CROP ARGENTINE ASSOCIATION (APOSGRAN) BOARD OF DIRECTORS ARGENTINE ASSOCIATION OF PRODUCERS WITH DIRECT SOWING (AAPRESID) PARTNERS ASSOCIATION OF INDUSTRIAL CONSUMERS OF GAS OF THE REPUBLIC OF ARGENTINA (ACIGRA) BOARD OF DIRECTORS ASSOCIATION OF INDUSTRIAL RELATION LEADERS OF THE COAST AREA (ADRIL) PARTNERS ASSOCIATION OF BIG USERS OF ELECTRIC ENERGY OF THE REPUBLIC OF ARGENTINA (AGUEERA) BOARD OF DIRECTORS NORTHERN GRAIN PRODUCERS ASSOCIATION (PROGRANO) PARTNERS ROSARIO STOCK EXCHANGE BOARD OF DIRECTORS ARBITRARY CHAMBER OF OIL AND VEGETABLE SUBPRODUCTS BOARD OF DIRECTORS ARGENTINE CHAMBER OF BIOFUELS (CARBIO) PARTNERS ARGENTINE CHAMBER OF COMMERCE PARTNERS ARGENTINE PEANUT CHAMBER BOARD OF DIRECTORS CHAMBER OF PORT ACTIVITIES PARTNERS UNITED STATES CHAMBER OF COMMERCE (AMCHAM) PARTNERS CHAMBER OF FOREIGN COMMERCE OF CÓRDOBA PARTNERS CHAMBER OF COMMERCE, INDUSTRY AND SERVICES OF SAN LORENZO AND ITS AREA BOARD OF DIRECTORS CHAMBER OF THE OIL INDUSTRY OF THE REPUBLIC OF ARGENTINA (CIARA) BOARD OF DIRECTORS CHAMBER OF AGROCHEMICALS AND FERTILIZERS INDUSTRY OF THE REPUBLIC OF ARGENTINA (CIAFA) BOARD OF DIRECTORS CHAMBER OF PETROCHEMICAL AND CHEMICAL INDUSTRY OF ARGENTINA (CIQYP) BOARD OF DIRECTORS CHAMBER OF COMMERCIAL PRIVATE PORTS PARTNERS CHAMBER OF AGRICULTURAL HEALTH AND FERTILIZERS (CASAFE) PARTNERS INDUSTRIAL CHAMBER OF OIL VEGETABLES OF CÓRDOBA PARTNERS SAFETY AND HYGIENE LOCAL COMMITTEE - CAMPANA BOARD OF DIRECTORS FERTILIZAR PARTNERS SANTA FE INDUSTRIAL FEDERATION (FISFE) PARTNERS LATIN AMERICAN ECONOMIC RESEARCH FOUNDATION (FIEL) SPONSORS MEDITERRÁNEA FOUNDATION (IERAL) PARTNERS IDEA - INSTITUTE FOR THE ARGENTINE BUSINESS DEVELOPMENT BOARD OF DIRECTORS ARGENTINEAN PETROCHEMICAL INSTITUTE (IPA) BOARD OF DIRECTORS IRAM – ARGENTINE INSTITUTE FOR STANDARDIZATION AND CERTIFICATION BOARD OF DIRECTORS CÓRDOBA INDUSTRIAL UNION (UIC) PARTNERS BUNGE Y BORN FOUNDATION BOARD OF DIRECTORS

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Environment

Commitment with environmental management continuous improvement. During 2011, projects were carried out in different sites of Bunge Argentina, apart from regular environmental expenses

The international group of environmental role models defined a set of indicators and goals related to key aspects that need to be managed when it comes to environmental matters • Waste reduction • Carbon dioxide emissions reductions • Water usage

Environmental cost of 1784 million dollars

142.8 thousand dollars in Ramallo

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143.6 thousand dollars in Campana

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886 thousand dollars in Puerto General San Martín

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71 thousand dollars in Tancacha


Bunge Argentina has environmental management systems in all its operating units.

Environmental Responsibility The strategy Bunge Argentina’s main goal has always been to achieve excellence in the working framework, including the environmental sector. To achieve excellence in this matter, the management commits itself to attaining the following goals: 1. Being constantly aware of the environmental situation by getting information related to the environmental situation of each country and the main actions and problems (compliance with laws, environmental risk related to the activities developed in each place, etc.). 2. Fostering continuous improvement the environmental as a group by planning and setting priorities for its environmental action and by providing support to local programs.

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3. Fostering a general standard and good practices related with the environmental management (based on the corporate values), motivating their implementation in all Bunge Argentina’s plants. 4. Acting and growing in a consistent way, applying the environmental efficiency concepts in each plant and in each project, looking for harmony between its activities, the involved communities and the environment. 5. Promoting respect for the environment in the social, economic and business sector. These strategies were kept in mind when defining the environmental policy to ensure that the commitment with the environment is aligned with the company’s.

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To comply with its environmental policy, Bunge Argentina decided to develop and have environmental management systems throughout all its operating units, by integrating them within a global environmental management system, in which specialists from each of them take part, by building a global work team.

Environmental Management Program Good practices and minimum environmental requirements The environmental management program describes how the company converts its environmental commitments to carry out actions. The following guidelines were designed by the Environmental Working Group (EWG) to achieve continuous improvement and insure a proper environmental development.

Good Environmental Practices: Bunge’s environmental management program assigns the main courses of action to comply with each of the environmental policy’s pillars. They are detailed below: • Monitorear las emisiones al aire, las descargas al agua y los residuos en forma adecuada para dar cumplimiento a todas las reglamentaciones y leyes medioambientales. • Monitoring emissions to air, discharges to water and waste in an adequate way to comply with all environmental regulations and laws. • Establishing the necessary projects and procedures to comply with all environmental regulations and laws in each unit. • Developing and maintaining a record system that shows environmental commitment in each unit.

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• Developing, implementing and maintaining an environmental management system in every unit of Bunge. • Looking for continuous improvement of environmental management by developing strategic plans. • Prioritizing operating procedures and projects that must be implemented to improve legal compliance and reduce potential negative environmental aspects. • Developing indicators to measure the environmental development and set a reporting program that includes periodic reporting to the Board. • Periodically perform environmental audits in every unit. • Assessing and implementing methods that are economically feasible to minimize the environmental impact related to Bunge’s operations. • Implementing actions to prevent contamination,

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which are technically and economically applicable, and that ensure environmental compliance and avoid environmental risks. • Considering environmental aspects when assessing new projects or acquisitions. • Preserving natural resources, including water and energy. • Participating in groups and organizations that search for constructive methods to improve environmental conditions of communities and neighbors of Bunge’s plants. • Communicating externally the efforts made by Bunge to protect the environment and the people of Bunge’s locations. • Communicating Bunge’s environmental policy so that it is understood by Bunge’s employees and contractors. • Setting training and awareness-raising programs for Bunge’s employees and contractors so that

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they perform their tasks in accordance with the company’s environmental procedures and policy, by assessing their effectiveness.

• 12% reduction of GHG emissions. • 18% reduction of fresh water extraction. • 20% reduction of the amount of solid waste sent to the landfill. Since 2008, Bunge has been measuring the environmental development of all its units through the international indicators of GRI (Global Reporting Institute).

Global strategic goals of the organizations in environmental matters Bunge Limited Executive Committee decided to develop a sustainability program to protect its reputation and corporate licenses that enable it to operate in key markets, and to mitigate the negative impacts of its operations in the communities and the environment. An important part of this program is to establish global goals to systematically reduce emissions, water consumption and waste. The objectives of Bunge Argentina for 2013 are the following:

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Environmental management in relevant locations Monitoring these indicators is a management tool for Bunge Argentina’s environmental agenda. Apart from these 3 key objectives, a strict observation of environmental legal compliance can be identified.

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Bunge Argentina’s goals for 2013 are: • 12% reduction of GHG emissions. • 18% reduction of fresh water extraction. • 20% reduction of the amount of solid waste sent to the landfill.

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Protected Areas Ramallo’s Municipal Ecological Reserve. The project of restoration of Ramallo’s Municipal Ecological Reserve includes: access with parking, visitors’ centre, picnic and recreational area, and educational trail. This proposal was jointly worked out between Bunge Argentina, the Argentine Birds Association, Bird Life

biodiesel production chain is, at least, 35% less that the emissions generated in the diesel production chain from petroleum.

of Commerce, Industry and Services of San Lorenzo, of which Bunge Argentina is a member.

The term “sustainable soybeans” imply that it was produced following several environmental requirements.

• Planning and coordinating actions that intend to improve and preserve the environmental quality of the cities involved.

Its main objectives are:

• Implementing a global surveillance and prediction system for atmospheric contamination and its correlation with the weather report. • Implementing a global reporting system for data obtained through the global surveillance system.

International representative in Argentina, and the Ramallo City Hall.

Sustainable Soybeans for Biodiesel Production Bunge Argentina has developed and implemented a management system to certify Sustainable Soybeans for Biodiesel Production. The certification, which lasts 5 years, confirms that Bunge Argentina is authorized to commercialize sustainable soybeans assigned to biodiesel production. The goal of this certification is to ensure that the CO2 emissions generated throughout the whole

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The company’s participation in this program represents its strong conviction regarding the preservation and environmental care of the cities it is a part of, confirming the care of the communities it interacts with.

Continuous Air Quality Monitoring Program The program’s objective is to obtain scientific data and knowledge about the air quality in San Lorenzo’s industrial area by establishing a continuous air quality monitoring network. It includes the cities of Puerto General San Martín, San Lorenzo, Fray Luis Beltrán, Capitán Bermúdez, Timbúes, and it is regulated by Resolution # 686 of November 5th, 2010 signed by the Water, Public Services and Environment Minister of the province of Santa Fe, Arq. Antonio Ciancio. The program is the result of the joint action between the Environment Department of the province, the city halls and the Environment Committee of the Chamber

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Campaigns and celebrations

During 2011, Bunge Argentina carried out a series of campaigns and celebrations to raise awareness about environment care through actions that each of the employees can do, and to contribute to the improvement of their quality of life and future generations’.

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• Campaign: Environment’s day

• Campaign: Wetland day

For 7 years, the company has been carrying out a celebration for the Environment’s Day In this opportunity, the campaign focused on involving all employees in environment care and responsible consumption tasks, by giving them reusable bags. The slogan A small attitude, a great change, states the belief that the addition of small actions generates great changes.

• Campaign: Clean water for a healthy world.

Following Gri’s classification, an exhaustive analysis of the sustainability aspects was carried out. For each sustainability aspect, its relevance and approach were established.

• Sustainability campaigns: Sustainability and waste creation, environmental sustainability and water consumption, Sustainability and climate change, were the central topics around which a series of bulletins with reading and consciousness- raising material were distributed electronically.

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Through this analysis, Bunge Argentina defined a management approach in the environmental matter that contemplates all aspects of the Global Reporting Initiative, even aspects as transport have been considered within the models estimates of emissions associated to the sustainability of soybeans certification. In 2011, direct investments in environmental management totaled USD 1,784,000.

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Value chain

from the countries to the table. “Being present on the tables of families around the world is a huge responsibility.�

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Bunge’s value chains -based on integrated business and activities- start in the countries and finish in the end consumer and allow the elaboration of food and other daily use products.

Bunge Argentina’s team combines local experiences with a global vision and manages complexity and volatility to generate the best value for everyone.

FROM THE COUNTRIES TO THE TABLE Thanks to the local network of storage centers, industrial complexes and port terminals that Bunge Argentina has, global consumers can have access to the food they wish, at any time.

This is Bunge Argentina’s activity throughout the entire value chain. Next, there is a detailed description of those sustainability aspects directly related to the value chain that the company started in 2011 regarding its clients, the quality of its products and processes and the responsible use of its products.

Bunge Argentina provides food transport from their origin to their final destination, either short or long distance. Farmers are strategic partners since Bunge provides fertilizers and technical advice, to help them produce larger and better harvests. The company buys, sells and stores grains and oilseeds –and provides logistic support– to elaborate animal feed and consumables for the food industry, among other products.

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Close to every customer • Fertilizers: Fertilizers have a key role in the agrifood chain because they contribute to replacing land nutrients, to increasing grain production and to making countries more productive, even in those areas where sowing was not possible before. One of the best examples is the development of productive areas through trials such as cotton farming in the province of Chaco. Fertilization in countries is essential to stop the expansion of the agricultural borders, the use of fertilizers increases the yield per unit of area. With prestigious institutions such as INTA, AAPRESID, CREA, IPNI and FERTILIZAR, the company makes trials on countries that, besides investigating and favoring the nutrient balance, develop new products that tend to solve the problems that arise from

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the implementation of new technologies. As a consequence of these investigations, Bunge Argentina introduced the product SolMix Zinc to the market.

• Technological Innovation Award: The investigation and development process of the SolMIX Zinc product was awarded by the International Innovation Centre of Agricultural Technology (CITA) It is a liquid fertilizer with added micronutrients, one-of-akind in the market and aligned with agricultural sustainability practices.

Today, there are 6,000 million people. Tomorrow, there will be 9,000 million. 2011

Sustainability

• Technical and management talks together with customers and producers: Bunge Argentina has a strong commitment with customers and farmers. It makes important investments when it comes to the development of new products, and provides training to use them properly. Its clients, across the country, were invited to participate in technical talks about efficient fertilization of countries and replacement of macro and micronutrients, and management talks about the perspective and analysis of the grain market evolution. The company works with different institutions, universities, customers and suppliers to generate synergies in training and experience.

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City

Strategic partner Topics

Baradero, Buenos Aires

Don Mario high-yield crops

Complete and balanced fertilization of

Malena, Córdoba

Valley and National University of Río Cuarto

Fertilization and irrigation tests with students

Trenque Lauquen, Buenos Aires

Technical University of Trenque Lauquen

Fertilization strategies for corn and fertilization management by environments.

Daireaux, Buenos Aires CREA Most important nutrients and micronutrients Blaquier, Buenos Aires

Ameghino Rural Society

Corn fertilization and tests results

Tancacha, Córdoba

Grain and fertilizer markets approaches and analysis

Bandera, Chaco CREA

Management of cultivated varieties and crops of soybeans, corn hybrids, management and country types

Malena, Córdoba

Valley and National University of Río Cuarto

Corn crops

Viedma, Río Negro

Agronomía Agrisur SRL

Nutrition for main crops

Maipú, Mendoza

CREA

Liquid fertilizer application in vineyards

Azul, Buenos Aires CREA

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Analysis of the 2010 campaign, markets, results of the 2010 experiment on the sea and mountain areas; genetic materials, criteria to be efficient in the use of supplies, agriculture by environment, perspectives for the agricultural sector for the coming year

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Strategic partner Topics

Necochea, Buenos Aires

Grain and fertilizer markets approaches and analysis

Ramallo, Buenos Aires

Winter crops fertilization

Aranguren, Entre R铆os

Grain and fertilizer markets approaches and analysis

Mar del Plata, Buenos Aires IAE (Austral University)

Fertility and fertilizers, fertilizers market, coarse grains campaign and anticipated phosphorus fertilization

Chacabuco, Buenos Aires Don Mario

How to express on the country the genetic profits, boost the yield and improve the environment

Pehuaj贸, Buenos Aires CREA

Coarse grains: the environment impact on production, the creation of a sustainable, profitable and competitive system, the combination of resources to generate profits.

Rosario, Santa Fe AAPRESID

Advances in micronutrients in crops of coarse and small grains

Rosario, Santa Fe

Grain markets analysis and approaches, and political landscape in election times

Villa General Belgrano, C贸rdoba

News in the management and fertilization of soy and corn

San Francisco, C贸rdoba Gaviglio Comercial

Fertilization strategies for corn crops

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Bunge Fertilizantes, best brand image 2011: For second consecutive year, it leaded the brand image ranking of ICASA Mora & Araujo agency, published in Chacra magazine. Different agricultural companies are evaluated. The areas of brands assessed were: agrochemicals, seeds, tractors, harvesters, agricultural machines and tools, precision agriculture, banks, vans/pickup trucks, insurance companies and fertilizers; Bunge Argentina leads the latter.

• Present in the main fairs, exhibitions, congresses and conferences:

Mar del Plata, Buenos Aires. • Jornada de Maíz in Córdoba • Simpósio de Fertilidad 2011, Rosario, Santa Fe.

Bunge Argentina is a company that has been committedto contributing to the national production for over 100 years. For this reason, it is with clients in every event that allows exchange, debate, advice and that is of interest for the business, highlighting their role as value agents in the agrifood chain and fostering cordiality and good relationships. Among them: • Expoagro 2011, Baradero, Buenos Aires. • “Jornada Trigo Córdoba 2011 + Estrategias de Comercialización de Cosecha Gruesa + Cultivos Invernales”, organized by the Grain Exchange of Córdoba and Agroverdad. • “A Todo Trigo”, summoned by Federation of Centers and Grain Elevators Associations,

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• AgroActiva 2011, Casilda, Santa Fe. • Official sponsor of Racing drivers in Argentina. • Jornada Soja con Sustentabilidad, organized by Agro verdad, Córdoba. • XIX Congreso de AAPRESID, Rosario, Santa Fe.

Book “Towards a healthy diet on Argentinean tables”: The company sponsored for second year in a row the investigation that resulted in the mentioned book, written by prestigious researchers Sergio Britos, Agustina Saraví, Nuria Chichizola and Fernando Villella. Bunge Argentina contributed to the analysis process to improve the diet of Argentine citizens.

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Fertipasa: The company publishes and shares the essential agritechnical knowledge for a sustainable agriculture development in Argentina. Fertipasa is a free bulletin which offers constant updates on the main agricultural tendencies. It is written by theTechnical Development Team of Fertilizers from the company.

Investigation and development: aDBlue AdBlue is a new development produced in the industrial complex in Campana, to be used in vehicles with a diesel engine and catalytic converter in its exhaust pipe -technology named selective catalytic reduction or SCR- with the objective of reducing nitrogen oxide (NOx) emission to the environment produced during its operation. AdBlue reduces the contaminating effect of exhaust fumes from diesel engines, because it turns

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port terminals. This system consists of applying good manufacturing practices and risk and critical control points of processes analysis. Through this system, Bunge Argentina accepts the responsibility of being an important link in the food chain. It is structured on a document base like ISO 9001:2000. This system is based on the slogan FEED FOR FOOD.

NOx into nitrogen and water, natural components of the environment.

Committed to the quality of its products and processes Certifications: Bunge Argentina is committed to the production and the goal is to achieve it with the highest quality standards, promoting continuous improvement to reach its mission: becoming the most efficient and best integrated company in the country. For that, it uses international quality standards and methodologies in all industrial processes. Bunge Argentina holds the following certifications: • Food safety system, internationally recognized as GMP-B2, applied in all its industrial complexes and

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• Quality management system ISO 9001:20008 for its oilseeds milling plants and loading terminals, vegetable oil refining plants and soybeans lecithin manufacturing plant. This ISO 9001 system was also designed taking into account food safety. • HACCP (Hazard Analysis and Critical Control Points) system for vegetable refined oil manufacturing plants located in the industrial complexes San Jerónimo Sud and Puerto General San Martín. With

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Inspection Service) to export soybean by-products to this market, complying with the most demanding food health and safety standards.

this certification, Bunge Argentina takes on a strong commitment to products quality and safety intended for direct human consumption. The export of all its products is made according to conditions established by regulations GAFTA (The Grain and Feed Trade Association) and FOSFA - CIARA (Federation of Oils, Seeds and Fats Associations Ltd.). These organizations regulate global seed, crops and their byproducts trade through their agreement and considering specifications and regulations of each particular product. Variables referring to additional technical specifications coming from different markets in search of an outstanding quality and consistence must also be mentioned. An example of this, Puerto General San Martín and Ramallo industrial complexes obtained, during 2009 and 2010 respectively, the authorization from the Australian health authority: AQIS (Australian Quarentine and

On the other hand, it is important to mention that all manufactured and commercialized products by Bunge Argentina comply with Kosher and Halal demands.

Main achievements of 2011: Certificated under the Food safety HACCP preventive system: Refined vegetable oil production plants from San Jerónimo Sud and Puerto General San Martín industrial complexes obtained their quality certifications for direct human consumption food, increasing their responsibility to customers, authorities, employees and the society in general, and positioning Bunge Argentina within the highest quality standards of elaborated products.

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“Proof not Promises” award: Issued by General Electric company to Ramallo and San Jerónimo Sud industrial complexes . The industrial complex San Jerónimo Sud was recognized for savings in the processing of effluent liquids, reducing the corrosion in condensed water in the boilers area. Ramallo received an award for developing the Reverse Osmosis solution in SSP plant, which improved the use and transport of demineralized water used in the industrial process and, consequently, reduced operating costs.

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GTM (Glogal Trade Management) project:

Adherence to the Clean Agriculture Program

1000 silo bags recycled yearly

It is an initiative that integrates the company’s agribusiness through a common system and language for agreements, execution and risk reports in all locations worldwide, aligning global standards and requirements of the organization.

Bunge Argentina and the participating customers received a certificate issued by the Agriculture Ministry of the province of Córdoba, referring to the quantity of liquid fertilizer tanks that already finished their lifecycle or that are not in use due to cracks and that were recycled within the mentioned program sponsored by the province. Thus, the company ensures that they are not reused in conditions that can affect the environment and verifies their final disposition as a recycled product.

Since 2007, all grain elevators and industrial complexes of Bunge Argentina have recycled their silo bags. They later become raw material for the manufacturing of waste bags, buckets, tubes and irrigation hoses, among others, assigning them a responsible purpose and contributing to the natural resources care.

Responsible use of products

Fertilizers data sheets: The products the company offers are not only enclosed with data sheets that indicate the proper use of fertilizers, but they are also distributed together with crops yields studies, main product characteristics and its benefits.

#80

BUNGE

A rgentina

2011

Sustainability

Report


External Evaluation Report Board of Directors of Bunge Argentina S.A.: We have been hired to carry out an independent assessment on the sustainability report, for the period between January 1st, 2011 and December 31st, 2011, of Bunge Argentina S.A. We have compiled evidence on the following matters: - Key indicators on management during the financial year - Information provided by the Community relations area - Information about the Management systems - Corporate information - Financial and accounting information The Board of Directors of Bunge Argentina S.A. is responsible both for the information included in the report as well as for the assessment criteria. Our responsibility has been to report independently based on our information analysis procedures. At the moment, no statutory or regulatory requirements properly regulated or regulations generally accepted in the Argentine Republic related to the verification or assessment of the report contents on Corporate social responsibility, applicable to Bunge Argentina S.A., can be identified. We based our analysis on the suggested practices by ISAE300 (International Standard On Assurance Engagements 3000). Our procedures to select evidence and assessment criteria included: - Checking the alignment with the basic contents suggested for the elaboration of sustainability reports of Global Reporting Initiative (GRI) version 3.1 for a C+ application level. - Performing fundamental tests designed to show, based on a sampling, the reason and consistency of the preparation criteria and basis of the Corporate social responsibility report.

BUN G E

Arg e n t i n a

- Revising relevant documentation, including corporate policies, organization structure and social responsibility programs . - Thorough interviews with relevant staff from the firm. - Information coming from the stakeholders identified by the company within its influence sphere. Our work team has included qualified professionals in the assessment of sustainability matters, according to the guidelines suggested by GRI. The revision process allowed us to identify a series of matters that we believe can contribute to the continuous improvement of the sustainability management process, which we will submit to the Board of Directors of Bunge Argentina S.A. to its consideration, with the purpose of adding value from our independent vision to the organization. According to our opinion, based on the work described in this report, the information in the Sustainability report, for the period between January 1st, 2011 and December 31st, 2011, of Bunge Argentina S.A., provides a fair representation of the development and the activities carried out by the firm regarding Corporate social responsibility. The policies, documents, indicators and other information included in the Corporate social responsibility report of the firm are reasonably backed by documentation, internal processes and activities, and information provided by the stakeholders. July 2nd, 2012, Rosario

Ing. Daniel Cabrera Partner

2011

Â

Â

Ing. Luis Diego Piacenza Partner

Sustainability

Report

#81


Bunge Argentina S.A. has self-declared the current report according to C+ application level within application level checks defined by GRI. Besides, the company has decided to work with Crowe Horwath as an independent third party for the report’s external check using GRI Guide 3 according to the self-declaration made by the company. (version 3.1)

According to version 3.1

C

C+ B B+ A A+

Self-declared

-

3 - - - -

External Check

-

3 - - - -

GRI check

- - - - - -

GRI Contents Indicator

Description

Reference

1.

STRATEGY AND ANALYSIS

1.1

Statement from the most senior decision-maker of the organization

(director or equivalent position)

1.2

Description of key impacts, risks and opportunities.

4-6

Reason for omission

-

6-7

-

2. ORGANIZATIONAL PROFILE

#82

2.1

Name of the organization

10

-

2.2

Primary brands, products, and/or services.

28-29

-

2.3

Operational structure of the organization.

22

-

2.4

Location of organization’s headquarters.

Backcover

-

2.5

Number of countries where the organization operates.

10-11

-

10

-

10-11, 18-19

-

2.6

Nature of ownership and legal form.

2.7

Markets served.

2.8

Scale of the reporting organization.

18-19

-

2.9

Significant changes during the reporting period.

32

-

2.10

Awards received in the reporting period.

74, 77, 78 ,79

-

3.

REPORT PARAMETERS

3.1

Reporting period (e.g., fiscal/calendar year) for information provided.

32, backcover

-

BUNGE

A rgentina

2011

Sustainability

Report


Indicator

Description

3.2

Date of most recent previous report (if any).

Reference

Reason for omission

32, backcover

-

3.3

Reporting cycle

Backcover

-

3.4

Contact point for questions regarding the report or its contents.

Backcover

-

3.5

Process for defining report content.

20-21, 32-33

-

3.6

Boundary of the report

10, 32-33

-

3.7

Limitations on the scope or boundary of the report

10, 32-33

-

3.8

Basis for reporting on joint ventures, subsidiaries, leased facilities, outsourced operations, and other entities.

10

-

3.9

Data measurement techniques and the bases of calculations.

-

Not required

In C application level

3.10

Explanation of the effect of any re-statements of information provided in earlier reports.

32

3.11

Significant changes from previous reporting periods.

32

3.12

Table identifying the location of the Standard Disclosures in the report. 80-85

-

3.13

Policy and current practice with regard to seeking external assurance for the report.

82

-

4.

GOVERNANCE, COMMITMENT AND ENGAGEMENT -

4.1

Governance structure of the organization

22-25

4.2

Indicate whether the Chair of the highest governance body is also an executive officer.

22

4.3

Members of the highest governance body that are independent and/or - non-executive members.

4.4

-

The company doesn’t have non-executive directors

Mechanisms for shareholders and employees to provide recommendations or direction to the highest governance body.

26-27

Linkage between compensation for members of the highest governance body and the organization’s performance

18

-

Processes in place for the highest governance body to ensure conflicts of interest are avoided.

26-27

-

Process for determining the composition, qualifications, and expertise of the members of the highest governance body and its committees, including any consideration of gender and other indicators of diversity.

18

-

Internally developed statements of mission or values, codes of conduct, and principles relevant to economic, environmental, and social performance and the status of their implementation.

16-17

-

4.5 4.6 4.7 4.8 4.9

-

Procedures of the highest governance body for overseeing the organization’s - identification and management of economic, environmental, and social performance, including relevant risks and opportunities, and adherence or compliance with internationally agreed standards, codes of conduct, and principles.

4.10 Processes for evaluating the highest governance body’s own performance.

Not required in C Application level

4.11 Explanation of the precautionary approach -

Not required in C Application level

4.12 Externally developed economic, environmental, and social charters, -

Not required in C Application level

BUN G E

Arg e n t i n a

2011

Not required in C Application level

Sustainability

Report

#83


Indicator

Description

Reference

4.13

Memberships in associations (such as industry associations) and/or national/international advocacy organizations in which the organization: Has positions in governance bodies

63

4.14

List of stakeholder groups engaged by the organization.

34-39

4.15

Basis for identification and selection of stakeholders with whom to engage.

4.16

Approaches to stakeholder engagement, including frequency of engagement by type and by stakeholder group.

4.17

Key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded to those key topics and concerns

Reason for omission

-

32-33

32-33

-

33

-

ECONOMIC PERFORMANCE

EC1

Direct economic value generated and distributed

18-19

EC2

Financial implications and other risks and opportunities for the organization’s activities due to climate change.

68

-

-

EC3

Coverage of the organization’s defined benefit plan obligations.

EC4

Significant financial assistance received from government.

-

Not reported

EC5

Range of ratios of standard entry level wage by gender compared to local minimum wage at significant locations of operation.

-

Not reported

EC6

Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation.

-

Not relevant

EC 7

Procedures for local hiring and proportion of senior management hired from the local community at significant locations of operation.

-

EC8

Development and impact of infrastructure investments and services provided primarily for public benefit through commercial, in-kind, or pro bono engagement.

64

EC9

Understanding and describing significant indirect economic impacts, including the extent of impacts.

20-21

-

Not relevant

Not reported

-

Environmental performance

#84

EN1

Materials used by weight or volume.

-

Not reported

EN2

Percentage of materials used that are recycled input materials.

-

Not reported

EN3 Direct energy consumption by primary energy source. 68-69

Measured as Co2 footprint, not in KJ

EN4

-

Not reported

68-69

-

Indirect energy consumption by primary source.

EN5

Energy saved due to conservation and efficiency improvements.

EN6

Initiatives to provide energy-efficient or renewable energy based products and services, and reductions in energy requirements as a result of these initiatives.

70-71

EN7

Initiatives to reduce indirect energy consumption and reductions achieved.

68-69

EN8

Total water withdrawal by source.

68-69

EN9

Water sources significantly affected by withdrawal of water.

-

Not reported

EN10

Percentage and total volume of water recycled and reused.

-

Not reported

EN11

Location and size of land owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas.

70

-

BUNGE

A rgentina

2011

Sustainability

Report

-


Indicator

Description

EN12

Reference

Reason for omission

Description of significant impacts on biodiversity.

68-70

-

EN13

Habitats protected or restored.

70

EN14

Strategies, current actions, and future plans for managing impacts on biodiversity.

-

EN15

Number of IUCN Red List species and national conservation list species with habitats in areas affected by operations, by level of extinction risk.

EN16

Total direct and indirect greenhouse gas emissions by weight.

EN17

Other relevant indirect greenhouse gas emissions by weight.

EN18

Initiatives to reduce greenhouse gas emissions and reductions achieved.

EN19

Emissions of ozone-depleting substances by weight.

EN20

NOx, SOx, and other significant air emissions by type and weight.

Not reported

-

Not reported

68

-

-

Not reported

68-71, 77

-

-

Not reported

-

Not reported

EN21

Total water discharge by quality and destination.

-

Not reported

EN22

Total weight of waste by type and disposal method.

-

Not reported

EN23

Total number and volume of significant spills.

-

Not reported

EN24

Weight of transported, imported, exported, or treated waste deemed hazardous

-

Not reported

EN25

Identity, size, protected status, and biodiversity value of water bodies and related habitats significantly affected by the reporting organization’s discharges of water and runoff.

-

Not reported

EN26

Initiatives to mitigate environmental impacts of products and services, and extent of impact mitigation.

64

-

EN27

Percentage of products sold and their packaging materials that are reclaimed by category.

-

EN28

Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations.

-

Not reported

EN29

Significant environmental impacts of transporting products and other goods and materials used for the organization’s operations, and transporting members of the workforce.

-

Not reported

EN30

Total environmental protection expenditures and investments by type.

64

-

Not relevant

LABOR PRACTICES AND DECENT WORK LA1

Total workforce by employment type, employment contract, and region.

LA 2

Total number and rate of employee turnover by age group, gender, and region.

42-43

-

42

partial

LA3

Benefits provided to full-time employees that are not provided to temporary or part-time employees, by major operations.

46, 55

-

42

LA4

Percentage of employees covered by collective bargaining agreements.

LA5

Minimum notice period(s) regarding significant operational changes, including whether it is specified in collective agreements. -

Not relevant. Regulated by law

LA6

Percentage of total workforce represented in formal joint management-worker health and safety committees that help monitor and advise on occupational health and safety programs.

56

-

Rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities by region.

56-57

-

LA7

BUN G E

Arg e n t i n a

2011

-

Sustainability

Report

#85


Indicator

Description

Reference

Reason for omission

LA8

Education, training, counseling, prevention, and risk-control programs in place to assist workforce members, their families, or community members regarding serious diseases.

50-51

-

LA9

Health and safety topics covered in formal agreements with trade unions.

-

Not reported

LA10

Average hours of training per year per employee by employee category.

42

LA11

Programs for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings.

-

Not reported

LA12

Percentage of employees receiving regular performance and career development reviews.

42

-

LA13

Composition of governance bodies and breakdown of employees per category according to gender, age group, minority group membership, and other indicators of diversity.

45

Partial

LA14

Ratio of basic salary of men to women by employee category.

-

Not reported

HUMAN RIGHTS

HR1

Percentage and total number of significant investment agreements that include human rights clauses or that have undergone human rights screening.

-

Not reported

HR 2

Percentage of significant suppliers and contractors that have undergone screening on human rights and actions taken.

-

Not reported

HR3

Total hours of employee training on policies and procedures concerning aspects of human rights that are relevant to operations, including the percentage of employees trained.

-

Not reported

HR4

Total number of incidents of discrimination and actions taken.

-

Not reported

HR5

Operations identified in which the right to exercise freedom of association and collective bargaining may be at significant risk, and actions taken to support these rights.

-

Not reported

HR6

Operations identified as having significant risk for incidents of child labor, and measures taken to contribute to the elimination of child labor.

-

Not reported

HR7

Operations identified as having significant risk for incidents of forced or compulsory labor, and measures to contribute to the elimination of forced or compulsory labor.

-

Not reported

HR8

Percentage of security personnel trained in the organization’s policies or procedures concerning aspects of human rights that are relevant to operations.

-

Not reported

HR9

Total number of incidents of violations involving rights of indigenous people and actions taken.

-

Not reported

-

SOCIETY

#86

SO1

Nature, scope, and effectiveness of any programs and practices that assess and manage the impacts of operations on communities, including entering, operating, and exiting.

58

-

SO2

Percentage and total number of business units analyzed for risks related to corruption.

27

-

BUNGE

A rgentina

2011

Sustainability

Report


Indicator SO3 SO4

Description

Reference

Reason for omission

Percentage of employees trained in organization’s anti-corruption policies and procedures.

-

Not reported

Actions taken in response to incidents of corruption.

-

Not reported

SO5

Public policy positions and participation in public policy development and lobbying.

63

-

SO6

Total value of financial and in-kind contributions to political parties, politicians, and related institutions by country.

-

Not reported

SO7

Total number of legal actions for anti-competitive behavior, anti-trust, and monopoly practices and their outcomes.

-

Not reported

SO8

Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations.

-

Not reported

PRODUCT RESPONSIBILITY

PR1

Life cycle stages in which health and safety impacts of products and services are assessed for improvement, and percentage of significant products and services categories subject to such procedures.

73, 75-76, 80

-

PR 2

Total number of incidents of non-compliance with regulations and voluntary codes concerning health and safety impacts of products and services during their life cycle, by type of outcomes.

-

Not reported

PR3

Type of product and service information required by procedures, and percentage of significant products and services subject to such information requirements.

78-79

-

PR4

Total number of incidents of non-compliance with regulations and voluntary codes concerning product and service information and labeling, by type of outcomes

-

Not reported

PR5

Practices related to customer satisfaction, including results of surveys measuring customer satisfaction.

74-78

-

PR6

Programs for adherence to laws, standards, and voluntary codes related to marketing communications, including advertising, promotion, and sponsorship

80

-

PR7

Total number of incidents of non-compliance with regulations and voluntary codes concerning marketing communications, including advertising, promotion, and sponsorship by type of outcomes.

-

Not reported

PR8

Total number of substantiated complaints regarding breaches of customer privacy and losses of customer data.

-

Not reported

PR9

Monetary value of significant fines for non-compliance with laws and regulations concerning the provision and use of products and services.

-

Not reported

BUNGE

A rgentina

2011

Sustainability

Report

#87


Bunge Argentina S.A. 25 de mayo 1119 Tancacha – CP5933 Córdoba www.bungeargentina.com.ar

This report includes the period between January 1st and December 31st, 2011. The previous report was published on December 31st, 2010. Bunge Argentina S.A. reports yearly its sustainability status. If you have any comments or feedback regarding the content of this report, please contact Victoria Joffre (CSR Coordinator) victoria.joffre@bunge.com +5 4(341)5123300.


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