Item 1.01. Entry Into a Material Definitive Agreement.
Agreements with Vylor Inc.
At 12:03 a.m., New York City time, on October 1, 2026, Corteva, Inc. (the “Company”) completed its previously announced separation into two independent, publicly traded companies through the separation (“Separation”) of the Company’s seed operating segment into an independent, publicly traded company, Vylor Inc. (“Vylor”). The Separation was effected through a pro rata distribution of all of the outstanding shares of common stock, par value $0.01 per share, of Vylor (“Vylor common stock”) to holders of common stock, par value $0.01 per share, of the Company as of the close of business on September 24, 2026 (the “Distribution”).
As a result of the Distribution, Vylor became an independent, publicly traded company. Vylor common stock commenced regular-way trading on the New York Stock Exchange under the symbol “VYLR” on October 1, 2026.
In connection with the Separation, on September 29, 2026, the Company, Vylor and, solely for specified purposes, EIDP, Inc. entered into a Separation and Distribution Agreement, and on October 1, 2026, the Company and/or certain of its affiliates entered into certain agreements with Vylor and/or certain of its affiliates, including each of the following:
•Employee Matters Agreement;
•Reverse Transition Services Agreement;
•Intellectual Property Matters Agreement; and
•Global Master Seed Treatment Supply Agreement.
Summaries of the material terms and conditions of each of the foregoing agreements can be found in the section entitled “Our Relationship with New Corteva Following the Spin-Off” of Vylor’s information statement, dated September 24, 2026, which was included as Exhibit 99.1 to Vylor’s Current Report on Form 8-K filed on September 25, 2026 and which summaries are incorporated herein by reference. The summaries of the Separation and Distribution Agreement, Tax Matters Agreement, Employee Matters Agreement, Reverse Transition Services Agreement, Intellectual Property Matters Agreements and Global Master Seed Treatment Supply Agreement do not purport to be complete and are qualified in their entirety by reference to the full text of such Separation and Distribution Agreement, Tax Matters Agreement, Employee Matters Agreement, Reverse Transition Services Agreement, Intellectual Property Matters Agreements and Global Master Seed Treatment Supply Agreement, which are attached as Exhibits 2.1, 10.1, 10.2, 10.3, 10.4 and 10.5, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
Item 2.01. Completion of Material Acquisition or Disposition of Assets.
On October 1, 2026, the Company effected the Distribution and completed the separation of its seed operating segment. The information set forth under Item 1.01 above is incorporated into this Item 2.01 by reference.
Item 9.01 Financial Statements and Exhibits
