Bunge Global SA (BG) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Bunge Global SA surfaced in its latest filing.

• Ongoing war between Russia and Ukraine may adversely affect business, financial condition or results of operations.
• Bunge maintains four oilseed crushing facilities in Mykolaiv, Dnipropetrovsk, Kharkiv, and Vinnytsia, two export terminals in Mykolaiv commercial seaport, and numerous grain elevators and offices throughout Ukraine.
• As of December 31, 2025, Bunge's Ukrainian subsidiaries' total assets and total liabilities each comprise less than 2% of consolidated totals.December 31, 2025
• Completion of Viterra Acquisition, incurring substantial indebtedness and assuming Viterra's debt.
• Bunge Chevron Ag Renewables joint venture for manufacturing low lifecycle carbon intensity transportation fuels.
• Divestiture of 50% ownership share in BP Bunge Bioenergia in October 2024.October 2024
• Divestiture of 40% of Spanish operating subsidiary BISA in March 2025.March 2025
• Indemnification of buyer for future losses associated with certain legal claims in connection with the divestiture of BP Bunge Bioenergia.
• Indemnification of buyer against certain existing legal claims related to the business in connection with the sale of Russian operations in 2023.2023
• EU Deforestation Regulation (EUDR) effective December 2026 requires companies trading in palm oil and soy to ensure commodities do not result from deforestation after December 31, 2020.December 2026
• As of December 31, 2025, outstanding prepaid commodity purchase contracts and advances to farmers in Brazil were approximately $835 million.December 31, 2025
• At December 31, 2025, Bunge had $9,065 million unused and available committed borrowing capacity under revolving credit facilities.December 31, 2025
• At December 31, 2025, total debt balance was $14,051 million, reflecting a higher balance from the Viterra Acquisition.December 31, 2025
• Glencore holds approximately 17% of outstanding registered shares as of December 31, 2025, with Board nomination rights.December 31, 2025
• Canada Pension Plan Investment Board (CPP Investments) holds approximately 14% of outstanding registered shares as of December 31, 2025, with Board nomination rights.December 31, 2025
• British Columbia Investment Management Corporation holds approximately 3% of outstanding registered shares as of December 31, 2025.December 31, 2025
• Glencore and CPP Investments each have the right to designate two individuals for nomination to the Board so long as they own at least 10% of outstanding registered shares.
• Capital band authority expires October 19, 2028, unless renewed, limiting share issuance flexibility.October 19, 2028
• Board authorized to issue up to 33,632,445 new shares under capital band until October 19, 2028.October 19, 2028
• Board can cancel or reduce par value of up to 79,368,185 shares until October 19, 2028.October 19, 2028
• Board authorized to issue up to 19,371,537 shares for convertible instruments under conditional share capital.
• Board authorized to issue up to 12,914,357 shares for equity incentive plans under conditional share capital.