LETTER TO SHAREHOLDERS

Building Tomorrow Together. Our commitment to working collaboratively with you, our owners, to achieve shared goals and create a sustainable future for agriculture for generations to come.

As we reflect on another successful year at Ag Valley Co-op, we are reminded of the power of our committed partnerships. Our ability to build strong relationships with our members and our communities has been a driving force behind our growth and success. We also want to take a moment to express our gratitude for your continued support. It is the key to our success and the progress we have made over the past several years.

At Ag Valley Co-op, we believe that collaboration and communication are the keys to building sustainable, long-lasting partnerships. From working with you and our members to develop solutions that help your family farms to partnering with local organizations to support community initiatives, we will continue to stay focused on building solid relationships based on trust, respect, and shared values. Our partnerships with local schools and youth programs allow us to cultivate the next generation of agricultural leaders and contribute to the growth and prosperity of our region.

We continue to demonstrate that commitment through ongoing investments in our facilities and equipment. By providing you with top-quality products and services, we are meeting your needs today and building a foundation for future growth and success Building Tomorrow Together.

Our commitment to serving you extends to investing in our employees, the backbone of our organization. The labor challenges we face are a real problem, and we are working to address those challenges. We will continue to invest in our employees, and we are proud of their hard work and dedication.

We certainly recognize that this year has been challenging for many of us. The ongoing drought and the fires that devasted parts of our trade territory have affected Ag Valley Co-op and our communities. We will continue to work tirelessly to overcome these challenges and support those in need.

Finally, thank you again for your business and support this past year. You are part of a cooperative system uniquely designed and built to assist you as you feed the world. Collectively, we are stronger and can accomplish great things by Building Tomorrow Together.

Thank you,

Jeff Krejdl CEO/General Manager