News Release from Cargill!

Fuelling the future: Cargill partners with SFP Group to expand its
decarbonization solutions

Cargill has taken its first step into large-scale biogas production by entering into a joint venture in
relation to Sustainable Fuel Plant (SFP) Zeeland in The Netherlands, a subsidiary of SFP Group.
SFP Zeeland produces sustainable biomethane, a reliable renewable fuel, which enables customers
to reduce greenhouse gas emissions and meet their sustainability targets. It is produced by the
breakdown of organic residues, valorizing a wide range of waste streams including agricultural,
contributing to a circular economy. When cleaned up and upgraded to natural gas standards, biogas
is sold as biomethane and used in similar applications, such as in transport, heating, and industrial
use.

Through this partnership with SFP Group, Cargill would provide additional decarbonization solutions
for its customers and improve the value of its core food, feed, and biofuel assets - all while playing a
key role in the decarbonization of the food and transport sector.
Alexis Cazin, President of Cargill Europe’s bioenergy, grains and oilseeds business explains:
“Our vision at Cargill is to reimagine how we grow and move food around the world more sustainably
– nourishing people and protecting the planet. Biogas from waste and residues has the potential to
power Cargill assets and decarbonize our own supply chains, as well as our customers. This means
that there is huge potential to expand renewable energy across Cargill’s global network and through
our value chain. By entering the biogas segment, we are laying a solid foundation to decarbonize our
future.

SFP Zeeland has extensive experience in the biogas industry and adopts a circular economy
approach. Rather than being dependent on specific feedstock, they focus on the ability to handle the
lowest grades of waste feedstock, adding to optionality and flexibility for the future. It is also located
near various Cargill assets including its bioenergy plants, all of which have waste streams that
collectively create a unique opportunity to valorize.”
SFP Group’s philosophy is to build and operate scalable and easily reproducible biogas installations,
in the Netherlands and beyond, to help accelerate Europe’s energy transition.
Niels Peters, CEO of SFP Group adds, “We are excited about this strategic partnership that will
help us to continue and accelerate our growth to reach our ambitions. Our experience in developing
assets and producing biomethane complements Cargill’s experience in feedstock origination and
decarbonization solutions. I look forward to collaborating with Cargill and sharing our expertise in
biogas and biomethane to help expand our shared decarbonization impact and grow beyond our
current borders. Together we will give our contribution to help achieving Europe’s sustainability
targets.”

About Cargill
Cargill helps the world’s food system work for you. We connect farmers with markets, customers with
ingredients and families with daily essentials—from the foods they eat to the floors they walk on. Our
155,000 team members around the world innovate with purpose, empowering our partners and
communities as we work to nourish the world in a safe, responsible, sustainable way.
From feed that reduces methane emissions to waste-based renewable fuels, the possibilities are
boundless. But our values remain the same. We put people first. We reach higher. We do the right
thing. It’s how we’ve met the needs of the people we call neighbors and the planet we call home for
157 years—and how we’ll do so for generations to come. For more information, visit Cargill.com and
our News Center