邦吉 2025年季度报告

WASHINGTON, D.C. 20549 FORM10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90days.YesýNo o Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit suchfiles).YesýNo o Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growthcompany” in Rule12b-2 of the Exchange Act. Large accelerated filerýAccelerated filer☐Non-accelerated filer☐Smaller reportingcompany☐Emerging growthcompany If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act.Yes☐Noý As of November3, 2025, the number of registered shares outstanding of the registrant was: Registered shares, par value $.01 per share:193,361,047 Table ofContents BUNGE GLOBAL SATABLE OF CONTENTS PARTI — FINANCIAL INFORMATION Item1.Financial Statements (Unaudited) Condensed Consolidated Statements of Income (Loss) for the Three andNineMonths EndedSeptember30, 2025and 20243Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three andNineMonths EndedSeptember30, 2025 and 20244Condensed Consolidated Balance Sheets as ofSeptember30, 2025 and December31, 20245Condensed Consolidated Statements of Cash Flows for theNineMonths EndedSeptember30, 2025 and 20246Condensed Consolidated Statements of Changes in Equity and Redeemable Noncontrolling Interests for theThree andNineMonths EndedSeptember30, 2025 and20247Notes to the Condensed Consolidated Financial Statements9Cautionary Statement Regarding Forward Looking Statements46Item2.Management’s Discussion and Analysis of Financial Condition and Results of Operations47Item3.Quantitative and Qualitative Disclosures About Market Risk63Item4.Controls and Procedures66PARTII — INFORMATIONItem1.Legal Proceedings67Item1A.Risk Factors67Item2.Unregistered Sales of Equity Securities and Use of Proceeds68Item3.Defaults Upon Senior Securities68Item4.Mine Safety Disclosures68Item5.Other Information68Item6.Exhibits68ExhibitIndex69Signatures70 PARTI — FINANCIAL INFORMATION BUNGE GLOBAL SA AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)(Unaudited) (U.S. dollars in millions, except per share data) BUNGE GLOBAL SA AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(Unaudited) (U.S. dollars in millions) BUNGE GLOBAL SA AND SUBSIDIARIES (U.S. dollars in millions) BUNGE GLOBAL SA AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY AND REDEEMABLE NONCONTROLLINGINTERESTS(Unaudited) (U.S. dollars in millions, except share data) BUNGE GLOBAL SA AND SUBSIDIARIESNOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 1.BASIS OF PRESENTATION, PRINCIPLES OF CONSOLIDATION, AND SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited condensed consolidated financial statements include the accounts of Bunge Global SA ("Bunge" orthe "Company"), its subsidiaries and variable interest entities ("VIEs") in which Bunge is considered to be the primary beneficiary, and as aresult, include the assets, liabilities, revenues, and expenses of all entities over which Bunge has a controlling financial interest. Thefinancial statements have been prepared in accordance with accounting principles generally accepted in the United States of America("U.S. GAAP") for interim financial information and the instructions to Form10-Q and Article10 of Regulation S-X under the SecuritiesExchange Act of 1934, as amended ("Exchange Act"). Certain information and footnote disclosures normally included in annual financialstatements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to Securities and Exchange Commission("SEC") rules. In the opinion of management, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentationhave been included. The condensed consolidated balance sheet at December31, 2024 has been derived from Bunge’s audited consolidatedfinancial statements at tha