PRESS RELEASE

Boxmeer, 12November2014

Revolutionary accreditation for
Trouw Nutrition/MasterLab NIR technology

MasterLab, part of Trouw Nutrition,has obtainedindependent accreditation for its near-infrared (NIR) spectrometry of animal feed ingredients.This accredition is unique, in particular because of its scope. It allows Trouw Nutrition/ MasterLabto offer remote NIR applicationfor all key feed components as an equally accurate alternative to traditional proximate analyses.

NIR is considered as a rapid and inexpensive test method for the composition of feed ingredients. This accreditation reduces the importance of traditional wet chemistry analysis, given the fact that the same level of accuracy can be achieved in less time and at lower costs.MasterLab’s NIR network is one of the biggest in the world. Its database contains data collected over more than two decades of all types of feed and feed raw materials worldwide.

Precision feeding

This accreditation is of substantial value for the animal nutrition industry. Nutritional parameters of raw materials are of critical importance for compound feed producers, integrators and home mixers. The exact composition of feed ingredients is determinative for which feed additives need to be added to optimise feed performance and digestibility. Remote NIR application gives results within minutes, whereas traditional proximate analyses take up to several days.

Trouw Nutritionrecently introduced NutriOpt, an integrated economic model of services and tools designed to help producers optimise animal nutrition. The real-time accreditated NIRapplication further safeguards the accuracy of NutriOptand improves predictability of feed quality and cost.

Accreditation

The ISO 17025 accreditation was awarded by the Dutch Accreditation Council, a public and independent authority. The scope of accreditation includes the analysis of moisture, crude protein, crude fat, crude fiber, starch and sugars.

Equivalence has been demonstrated in relation to NEN-EN-ISO 12099, which provides guidelines for the application of near-infrared spectrometry in animal feedingstuffs, cereals and milled cereal products.

END OF PRESS RELEASE

Note to the editor (not for publication)

This press release is also published in Dutch. In the event of differences, the English language version shall prevail as the authoritative version.

MasterLab

MasterLab, part of Trouw Nutrition,is one of Europe’s top laboratories in the animal nutrition, human food and pharmaceutical markets. MasterLab offers customers a wide range of analyses of which over a hunderd are certified. It has two well-equipped laboratories located in Putten and Boxmeer a staff of more than 45 highly skilled and motivated employees. MasterLab is organised in eight analytical groups.

Trouw Nutrition

Trouw Nutrition, a Nutreco company, is the global leader in innovative feed specialities, premixes and nutritional services for the animal nutrition industry. Trouw Nutrition provides species-specific nutritional solutions consisting of feed concepts, products and nutritional know-how. Trouw Nutrition has locations in 25 countries and around 3,000 employees. Innovation is at the heart of what Nutreco and Trouw Nutrition stand for. In Nutreco R&D centres around the world, some 250 experts are continuously working on developing new ways to enable customers to increase efficiency, maximise profits and make the most of their resources.

Media contact

Elise van der Wulp, branding & communications manager Trouw Nutrition

T +31 (0) 485 589 633

M +31 (0) 630 142 708

E

Cautionary note regarding forward-looking statements

This announcement contains forward-looking statements. Forward-looking statements are statements that are not based on historical fact, including statements about our beliefs and expectations. Any statement in this announcement that expresses or implies our intentions, beliefs, expectations or predictions (and the assumptions underlying them) is a forward-looking statement. Such statements are based on plans, estimates and projections as currently available to the management of Nutreco. Forward-looking statements therefore speak only as of the date they are made and we assume no obligation to publicly update any of them in the light of new information or future events.

Forward-looking statements involve inherent risks and uncertainties. A number of significant factors could therefore cause actual future results to differ materially from those expressed or implied in any forward-looking statement. Such factors include but are not limited to conditions on the markets in Europe, the United States and elsewhere from which we derive a substantial portion of our revenue, potential defaults on the part of borrowers or trading counterparties, the implementation of our restructuring programme including the envisaged reduction in headcount and the reliability of our risk management policies, procedures and methods. For more information on these and other factors, please refer to our annual report. The forward-looking statements contained in this announcement are made as of the date hereof and the companies assume no obligation to update any forward-looking statement contained in this announcement.

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