Other Regulatory Disclosure Information

(UNAUDITED)

financial statements The Association will post the annual report and quarterly reports to shareholders on the Association’s website, www.AgLoan.com, approximately 40 days after the end of each calendar quarter for the quarterly reports and 75 days after year-end for the annual report. Copies of these reports may be obtained free of charge by contacting American AgCredit at P.O. Box 1120, Santa Rosa, CA 95402, or by calling (800) 800-4865.

description of property American AgCredit is headquartered in Santa Rosa, California. The Association owns and leases various facilities throughout the territory, which are described in this annual report.

legal proceedings and enforcement actions Other than ordinary routine litigation incidental to the business, there are no material legal proceedings pending to which the Association is a party, of which any of its property is the subject, or which involve claims that the Association may be required to satisfy. There are no enforcement actions in effect against the Association. relationship with independent external auditors There has been no change in independent external auditors and no material disagreements on any matters of accounting principles or financial statement disclosures during the period.

borrower privacy As a customer-owner of this institution, your privacy and the security of your personal information are vital to our continued ability to serve your ongoing credit needs. FCA regulations require that borrower information be held in confidence by Farm Credit institutions, their directors, officers, and employees. FCA regulations specifically restrict Farm Credit institution directors and employees from disclosing information not normally contained in published reports or press releases about the institution or its borrowers or members. These regulations also provide Farm Credit institutions clear guidelines for protecting their borrowers’ nonpublic information.

board oversight The Board of Directors (“Board”) is comprised of 20 seats, 18 of which are currently filled by 15 stockholder elected directors and 3 directors appointed by the elected directors. The Board represents the interests of stockholders and is organized into the following committees to carry out Board responsibilities:

audit committee The Audit Committee assists the Board with fulfilling its fiduciary responsibilities. The Committee monitors the Association’s financial reporting process and systems of internal controls, and the integrity of the Association’s financial statements. The Audit Committee oversees the adequacy of the Association’s internal control systems, the scope of our internal audit program, the independence of external auditors, and the process for monitoring compliance with Standards of Conduct.

compensation committee The Compensation Committee assists the Board with fulfilling its role to oversee compensation programs and provide comprehensive review and disclosures for those programs. The Committee oversees compensation practices to ensure alignment with long-term performance and provides direction and recommendations for compensation, benefits and human resource performance management programs.

governance committee The Governance Committee assists the Board with its oversight and evaluation of matters of corporate governance and structure, including the director nomination and election process, Board composition and qualifications, skills and other expertise desired for directors, as well as the evaluation and development of Board performance and processes, director orientation and continuing education, and the independence of Directors.

strategy and risk committee The Strategy and Risk Committee assists the Board with fulfilling its oversight responsibilities for strategic planning and the enterprise-wide risk management framework of the Association. The Committee collaborates with management on the Association’s overall strategy, business objectives, and strategic initiatives and makes recommendations to the Board related to the Association’s mission, vision, and risk appetite, reviews ongoing risk assessments of current and emerging risks, and monitors the risk oversight activities of the chartered Board committees. director independence All directors must exercise sound judgment in deciding matters in the Association’s interest. All directors are independent from the perspective that no management or staff serves as Board members. However, as a financial services cooperative, the Association is required by the Farm Credit Act and FCA regulations to have elected directors that have a loan relationship with the Association. The elected directors, as borrowers, have a vested interest in ensuring the Association remains strong and successful. However, the borrowing relationship could be viewed as having the potential to compromise the independence of an elected director. For this reason, the Board has established independence criteria to ensure that a loan relationship does not compromise the independence of the Board. Annually, in conjunction with the independence analysis and reporting on loans to directors, each director provides financial information and any other documentation and/ or assertions needed for the Board to determine the independence of each Board member.