Bunge Announces All of its Preferred Shares to Convert Into Common Shares

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Mar 18, 2022

Bunge Limited (NYSE: BG) announced today that all issued and outstanding shares of its 4.875% cumulative convertible perpetual preference shares (CUSIP G16962204) will automatically convert into common shares of the Company, par value US$0.01 per share. The conversion reflects Bunge’s strong share price performance in recent months, increases the common shares public float, and as a result simplifies and strengthens the company’s capital structure. The conversion process will be completed on March 23, 2022. No action by holders of preferred shares is required.