Mr. Tom Coyle reports

CERES GLOBAL AG CORP. RECEIVES FINAL ORDER FOR ARRANGEMENT WITH BARTLETT GRAIN COMPANY

The Ontario Superior Court of Justice (commercial list) has issued a final order approving the previously announced statutory plan of arrangement pursuant to which 1001239530 Ontario Inc., a newly formed entity controlled by Bartlett Grain Company LLC, will acquire all of the issued and outstanding common shares of Ceres for a price of $4.50 (U.S.) per share in cash.

Subject to the satisfaction or waiver, where permitted, of the remaining conditions to closing contained in the arrangement agreement entered into among the corporation, Bartlett and the purchaser dated May 20, 2025, it is anticipated that the transaction will be completed by the parties on or about July 7, 2025.

Questions for depositary

Registered shareholders who have questions or require assistance submitting their shares in connection with the transaction may direct their questions to TSX Trust Company, which is acting as depositary in connection with the transaction, by telephone at 1-800-387-0825 (toll-free within North America) or at 1-416-682-3860 (outside of North America) or by e-mail at shareholderinquiries@tmx.com.

About Ceres Global Ag Corp.

Ceres and its subsidiaries add value across agricultural, energy and industrial supply chains through efficient sourcing, storing, transporting and marketing of high-quality agricultural commodities, value-added products and raw materials. Leveraging its network of commodity logistics centres and team of industry experts, Ceres connects farmers to customers around the world.

Ceres is headquartered in Golden Valley, Minn., and together with its affiliated companies, operates 10 locations across Saskatchewan, Manitoba and Minnesota. These facilities have an aggregate grain and oilseed storage capacity of approximately 29 million bushels. The corporation also owns membership interests in three agricultural joint ventures that have an aggregate grain and oilseed storage capacity of approximately 16 million bushels.

Ceres has a 50-per-cent interest in Savage Riverport LLC (a joint venture with Consolidated Grain and Barge Co.), a 50-per-cent interest in Berthold Farmers Elevator LLC (a joint venture with The Berthold Farmers Elevator Company), a 50-per-cent interest in Farmers Grain LLC (a joint venture with Farmer's Cooperative Grain and Seed Association), a 41.6-per-cent interest in Gateway Energy Terminal (an unincorporated joint venture with Steel Reef Infrastructure Corp.) and a 25-per-cent interest in Stewart Southern Railway Inc. (a short-line railway located in southeastern Saskatchewan with a range of 130 kilometres).

We seek Safe Harbor.