阿彻丹尼尔斯米德兰 2024年度报告

2025Proxy Statement A Letter from the CEO Dear Shareholders, ADM’s focused efforts in 2024 enabled us to manage through external headwinds and deliveracross our global network. In a highly dynamic environment, with trade and policy uncertaintyaround the world, our focus was on balancing both short and long-term opportunities. We know millions are positively impacted by ADM’s health and wellness innovations, a broadrange of industries continue to count on our sustainability-centered solutions within their supplychains, and that billions of people around the world count on us for food security. This is why ADM continues to drive opportunity in areas where our portfolio aligns to currenttrends – leveraging our R&D expertise to introduce solutions for sugar and sodium reduction,expanding our decarbonization offerings, and finding new opportunities to serve customersthrough destination marketing. Despite the challenges posed in 2024, our teams found ways to drive strong outcomes across keyareas of the business – from solid crush volumes in our Latin America region, to improvedproduction volumes in starches and sweeteners across the business, to increased operating profitsin several product lines for North America. Juan R. Luciano Our collective efforts delivered $4.2 billion in total segment operating profit, solid cash flow, andsupported a full-year adjusted earnings per share of $4.74 in 2024.* Enabled also by a strongbalance sheet, ADM returned capital to stockholders, with more than $3.3 billion in sharerepurchases and dividends, all while maintaining our leverage ratio at our desired target and ourtrack record of more than 50 consecutive years of annual dividend increases. B O A R D C H A I R A N D C E O Over the last year, we made significant progress to strengthen our internal controls, strengtheningour finance team and bolstering our work to prioritize accuracy, integrity and transparency in theenhancement of our reporting processes. We also continued our focus on safety excellence across our operations, delivering a more than35% year-over-year reduction in tier 1 and 2 process safety incidents. Our people remain our toppriority in everything we do, with our leadership team prioritizing the engagement anddevelopment of our more than 44,000 employees. Looking ahead to 2025, our priority focus areas include: •Continuing to focus on execution and cost managementto drive savings to the bottom linewhile ensuring that we’re managing our assets and overall network as effectively as possible.•Identifying strategic simplification opportunities across the portfolioto maximize efficiencyand focus across our business.•Continuing our progress in strengthening our internal controlsto further enhance theaccuracy, integrity and transparency in our reporting processes.•Focusing on organic investment in proven winnersacross our global portfolio, focused onsegments where we can maximize growth and differentiation.•Maintaining a disciplined approach to capital allocationto deliver return of cash toshareholders through dividends and selective share repurchases. Thank you for your continued support of ADM. We look forward to building on our 120-plus yearsof history to deliver a solid year in 2025. Sincerely yours, Juan R. Luciano Board Chair, CEO and President A Letter from the Lead Director Dear Fellow Shareholders, As we turn from 2024 to 2025, I’d like to thank you, on behalf of ADM’s Board, for your continuedtrust in our company. We know that trust must be earned, particularly following a year that posedboth internal and external challenges, and the full Board is committed to doing so. ADM has a strong legacy of value creation and innovation which deliver a better future for millionsof lives every day. We remain committed to unlocking the power of nature and the possibilitiesthat solutions from nature provide to many industries, and we continue to focus our oversight onensuring ADM is positioned to create sustainable value for our stockholders and other criticalstakeholders. Throughout last year the Board worked closely with the management team to ensure integrity ofADM’s internal controls and financial reporting. We are confident in ADM’s strengthened andrefreshed corporate finance team to ensure our growth strategy is underpinned by our strongfinancial governance foundation, grounded in transparency and accountability. Terrell K. CrewsL E A D D I R E C T O R In November 2024, we welcomed AT&T SVP and General Counsel David McAtee as our newindependent director. David brings extensive expertise in strategic planning, governance, riskmanagement, data security and shareholder engagement. He has already provided significantcontributions to the Board’s oversight of ADM’s growth strategy and compliance initiatives, andwe look forward to his continued contributions. As a part of the Board’s priority to maintain leading corporate governance practices, we continueda practice of ongoing director refreshmen