CONTENTS. Fact Sheet: Kinze Planters & Grain Carts 1. Our Story 2. History of Innovation 3 7. Awards 8. Biographies 9

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CONTENTS Fact Sheet: Kinze Planters & Grain Carts 1 Our Story 2 History of Innovation 3 7 Awards 8 Biographies 9

FACT SHEET: KINZE PLANTERS & GRAIN CARTS Brand loyalty runs deep in rural America. We understand that. But as row-crop farmers ourselves, we also understand farming is, first and foremost, a business. And our livelihood, like yours, depends on getting a crop in the ground during a few short weeks each spring. That s why we believe you ve got to run the best piece of equipment in its class, no matter what color it s painted. And when the conversation turns to planters or grain carts, the best equipment you can buy is Kinze. Simplicity and Reliability are Hallmarks of Kinze Planters When we talk to people who own Kinze planters at farm shows around the country, we hear two things over and over again. First, Kinze owners appreciate the simplicity of our planters. And second, they appreciate the reliability of our planters. Kinze engineers work hard to eliminate complexity, which also makes our planters less likely to break down. They re built to be easy to adjust, easy to operate, and to last for a long, long time. In addition to getting the best planting technology on the market today, you re also buying a machine that holds its value and is sure to be in high demand when you re ready to trade. What Makes a Kinze Planter? Some companies simply assemble planters from parts they have sourced from other places. At Kinze, we do things a little differently. First, we start with a rugged, all-steel frame welded on our own factory floor. Next, we add Kinze row units, engineered for simplicity and reliability, season after season. If we can t find a part that meets Kinze quality standards, we make it ourselves. Then we put our planters through the most rigorous testing procedures in the industry. The Most Durable Carts In The Industry Since the introduction of the first Kinze grain cart in 1971 a lot of things have changed. One thing that hasn t changed is the durability of each of our carts. Look around at harvest time you ll see Kinze carts have stood up to season after season of use. 1

A STORY WITH HUMBLE BEGINNINGS In 1965, a 21-year-old farm boy from Victor, Iowa opened his own welding shop with a small bank loan and $5 in his pocket. Everyone who knew young Jon Kinzenbaw at the time could see he had a gift for fixing things. However no one could have predicted his welding business would one day grow into one of the largest privately-held agricultural equipment manufacturers in North America. The first product Kinzenbaw manufactured and sold was a 13-knife, 30-foot anhydrous ammonia application toolbar. His first patent was for a high-clearance, variable-width moldboard plow. In 1975, it was the urging of local farmers, who wondered why a planter couldn t be folded up for transport instead of loading it onto a trailer, that set Kinzenbaw s business on a growth trajectory that continues to this day. There is nothing more powerful than a satisfied customer. That first rear-fold planter we built sold twenty more. Those next 20 sold an additional 80. And that s the way it happens, Kinzenbaw says. As business grew, Kinzenbaw bought 10 acres of land just off Interstate 80 and moved his operation to Williamsburg. Upon completing the manufacturing plant at the new location, Kinzenbaw ramped up production of his new folding toolbar. In 1976, he added a new 600-bushel auger wagon and in 1979 he added an 800-bushel model to the product line up. Today, Kinze is still privately held by the Kinzenbaw family and is a market leader in innovative, durable and efficient planters and grain carts. The company s world headquarters and manufacturing facilities span more than 30 acres under one roof. The Kinzenbaw family continues to reinvest into the future of the company with state-of-the-art facilities and manufacturing equipment. The company markets their products through a worldwide dealer network. The Kinzenbaw family and many Kinze employees own and operate row-crop farms. This brings a unique perspective to the design and manufacture of equipment. There is nothing quite like evaluating equipment through using it on your own farm. Growth has come from listening to customers. Farmers want their equipment to be at the forefront of innovation, taking advantage of new technologies that will maximize farmer productivity. Our people listen, then build, then test, then farm with our products and finally, build them for you. 2

HISTORY OF INNOVATION 1965 Kinze Welding founded by Jon Kinzenbaw in Ladora, Iowa 1967 Jon Kinzenbaw builds first auger-unloading grain wagon 1968 First repower business with Detroit Diesel-powered John Deere tractors 1969 First product, an anhydrous applicator, manufactured and sold 1971 Grain cart introduced with low-profile design on a single axle 1974 Kinze develops an adjustable width and flexing 12-bottom plow 1975 Jon Kinzenbaw invents rear-fold planter 3

HISTORY OF INNOVATION (CONTINUED) 1976 Kinze patents and introduces two and three-fold markers 1978 Kinze introduces the 800-bushel grain cart 1978 Kinze patents and introduces the split-row system 1981 Release of double-frame planters 1982 Small planter toolbars and frame painted blue instead of green 1983 Unveiling of Interplant system with push-type row units to split row spacings 1985 First Twin-Line planter with a lift and rotate system 4

HISTORY OF INNOVATION (CONTINUED) 1988 Kinze Power Products repowers John Deere 4WD tractors with Cummins engines 1990 Kinze patents and introduces brush-type seed meter for accurate singulation of soybeans 1990 Kinze introduces the 40-series grain carts 1994 Introduction of 24-row 30" planters with Model 2700 front-folding planter 1999 3000 Series Planters and Evolution Series row unit introduced 2001 Harvest Commander grain auger cart introduced 2004 Kinze introduces the 3800 forward folding planter with dedicated transport axle 5

HISTORY OF INNOVATION (CONTINUED) 2005 Kinze patents and introduces the EdgeVac seed meter 2008 Kinze introduces the hydraulic weight transfer system 2008 Bulk-fill Air Seed Delivery planters from 12 to 24 rows offered 2010 New corporate office building in Williamsburg, Iowa 2011 Kinze reveals self-driving (autonomous) tractor and grain cart at dealer day 2011 Kinze introduces new line of low-profile, high-capacity grain carts 2012 Kinze conducts release previews of the autonomous harvest system on three farms in Illinois 6

HISTORY OF INNOVATION (CONTINUED) 2013 Kinze opens the Kinze Innovation Center to share its major agricultural innovations with the public 2013 Kinze launches the 4900 planter series with the 4000 series vacuum meter, offering 99%+ accuracy and optional electric drive, and the 4000 series row unit with a rugged cast iron design and 12 row unit travel 2013 Kinze announces the world s first electric multi-hybrid concept planter, providing farmers with the ability to change the seed hybrid they are planting automatically as the planter moves through the field 2014 Kinze puts the 4900 multi-hybrid planter into limited production after testing shows successful demonstration of automatic on-the-go changing of seed hybrids and population 2014 Kinze adds new functionality to its autonomous harvest solution, including the ability to run multiple combines and autonomous carts in the field simultaneously 2016 Kinze introduces the Single Auger Grain Cart featuring a front-folding corner auger design, 42 degree range of motion, and a 20-inch Ultraflyte auger capable of unloading grain up to 450 bushels per minute 7

JON KINZENBAW S AWARDS 1976 Presentation of paper The Kinze Rear Folding Planter Bar to the American Society of Agricultural Engineers 1991, 1992 Williamsburg Chamber of Commerce Service Award 1992 Farm Safety Promotion Award - Farm Safety 4 Just Kids 1993 Friends of Agriculture Award [Given by The National Agri- Marketing Association (NAMA) in cooperation with the Iowa Dept of Agriculture & Land Stewardship] 1997 State of Iowa Governor s Volunteer Award 1997 Friend of Iowa State University Extension 1997 Young Entrepreneur Award Iowa in appreciation for contribution to Young Entrepreneurship in Iowa 1999, 2000 Cornbelt NAMA Award for Agricultural Excellence 2006, 2007 Rural Employment of Iowa COS Business Partnership of the Year 2007 Farm Industry News FIN Ovation Award 2009 Best of NAMA Award 2009 Iowa 4-H Hall of Fame Inductee 2010, 2012 Williamsburg Music Association - Music Patron Award 2011 Iowa Inventors Hall of Fame Inductee by Intellectual Property Law Association 2012 Laureate - Jr Achievement - Iowa Business Hall of Fame 2013 George Washington Carver Distinguished Service Award Presented by the College of Agriculture & Life Sciences - Iowa State University 2014 Iowa Farm Bureau Distinguished Service to Agriculture Award 2015 Hero in American Agriculture - The Golden Silo Award from Silos & Smokestacks National Heritage Area Association of Equipment Manufacturers (AEM) Hall of Fame Inductee ADDITIONAL HONORS - Honorary Chapter FFA Degree - Governor s New Product Award by Iowa Engineering Society - The National Committee for Employer Support of the Guard and Reserve Award - Honorary K-Nama Member Presented by Kirkwood National Agricultural Marketing Association - Named Inventor on 19 issued patents 8

BIOGRAPHIES Jon Kinzenbaw CEO and Chairman of the Board Jon, the founder and CEO/Chairman of the Board of Kinze Manufacturing, believes success comes from hard work, pursuing innovative solutions, surrounding himself with good people and a strong dealer network. These days, he spends as much time on the seat of a tractor as he does on his seat as chairman of the board, but is still actively involved with the day-to-day operations of his company. With a strong management team in place to handle other aspects of running a large company, he now has more free time to think, tinker, and evaluate new ideas that will likely help shape the future of agriculture for many years to come. Susanne (Kinzenbaw) Veatch President & Chief Marketing Officer Susanne (Kinzenbaw) Veatch is the daughter of Jon and Marcia Kinzenbaw, and is the second generation of the family business. She works closely with senior leadership and oversees the day-to-day business operations and the marketing team. Susanne graduated from Iowa State University with a degree in business. Prior to coming to work at Kinze in 2005, she worked for Caterpillar as a systems analyst. Phil Jennings Service Manager Phil Jennings is the service manager at Kinze Manufacturing where he is responsible for product support and customer service for Kinze planters and grain carts. A graduate of the agricultural systems technology program at Iowa State University in Ames, Iowa, Phil worked through school as a technician at equipment dealerships. He began his career in the service department at Kinze in 1994. During his time at Kinze, he has held the positions of service representative, senior service representative, and assistant service manager before his promotion to service manager in 2007. 9