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8-K Filing
CHS (CHSCP) 8-KRegulation FD Disclosure
Filed: 4 Dec 15, 12:00am
Exhibit 99.6
This presentation and other CHS Inc. publicly available presentations contain, and CHS officers and representatives may from time to time make, “forward–looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Report Act of 1995. Forward–looking statements can be identified by words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Forward–looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on CHS current beliefs, expectations and assumptions regarding the future of its businesses, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward–looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of CHS control. CHS actual results and financial condition may differ materially from those indicated in the forward–looking statements. Therefore, you should not rely on any of these forward– looking statements. Important factors that could cause CHS actual results and financial condition to differ materially from those indicated in the forward–looking statements are discussed or identified in CHS public filings made with the U.S. Securities and Exchange Commission, including in the "Risk Factors" discussion in Item 1A of CHS Annual Report on Form 10–K for the fiscal year ended August 31, 2015. Any forward–looking statements made by CHS in this presentation are based only on information currently available to CHS and speak only as of the date on which the statement is made. CHS undertakes no obligation to publicly update any forward–looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. © 2015 CHS Inc. DISCLOSURE STATEMENT
DAVID BIELENBERG Chairman of the Board “Commitment to Lead” © 2015 CHS Inc.
COMMITMENT © 2015 CHS Inc.
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COMMITMENT © 2015 CHS Inc.
COMMITMENT © 2015 CHS Inc.
COMMITMENT © 2015 CHS Inc.
COMMITMENT © 2015 CHS Inc.
COMMITMENT © 2015 CHS Inc.
COMMITMENT © 2015 CHS Inc.
COMMITMENT © 2015 CHS Inc.
COMMITMENT © 2015 CHS Inc.
© 2015 CHS Inc.
• © 2015 CHS Inc.
© 2015 CHS Inc.
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2015 Income - $781 Million Returns-$534 Million 2015 2016 Returns - $519 Million © 2015 CHS Inc.
$2.8 Billion investment © 2015 CHS Inc.
Sole owner of refining operation © 2015 CHS Inc.
Your your company, future © 2015 CHS Inc.
© 2015 CHS Inc.
Perspective to complex Ailstseurensative vantage pSolnitds foundation © 2015 CHS Inc.
COMMITMENT © 2015 CHS Inc.
© 2015 CHS Inc.
“To avoid criticism, say nothing, do nothing, be nothiAnrgi.s”totl e © 2015 CHS Inc.
Return cash patronage while keeping a strong balance sheet © 2015 CHS Inc.
Passing unused portion of IRS company’s Section 199 production deduction –the DPAD – owners through to eligible © 2015 CHS Inc.
RETIREMENT OF NON-QUALIFIED EQUITY Non-qualified equity is managed the same as qualified equity © 2015 CHS Inc.
Create equity redemption equality between member cooperatives and individuals. Provide additional on-going value for younger generations of producers © 2015 CHS Inc.
© 2015 CHS Inc. PROPOSED AMENDMENTS
© 2015 CHS Inc.
© 2015 CHS Inc.
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© 2015 CHS Inc.
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© 2015 CHS Inc.
Member co-ops not 100% producer-membership can REMAIN members © 2015 CHS Inc.
Member co-ops not 100% producer-membership can REMAIN members Remove Capper-Volstead reference from our governance documents © 2015 CHS Inc.
Member co-ops not 100% producer-membership can REMAIN members Remove Capper-Volstead reference from More our governance documents establish flexibility to NON-MEMBER/ NON-VOTING patronage relationships Cleanupobsolete language and Bylaws references in Articles and © 2015 CHS Inc.
CHSneeds tosupport member cooperatives by allowing them togrow in ways that make sense for their individual markets and customers YES © 2015 CHS Inc.
© 2015 CHS Inc.
Sound governance Equity management Strategic directio © 2015 CHS Inc.
© 2015 CHS Inc.
© 2015 CHS Inc.
3·23 15 14,590 .. © 2015 CHS Inc.
© 2015 CHS Inc.
© 2015 CHS Inc.
© 2015 CHS Inc.
© 2015 CHS Inc.
$500 CHS Stewardship Grants [Intentionally [Intentionally [Intentionally [Intentionally Omitted] Omitted] Omitted] Omitted] © 2015 CHS Inc.
© 2015 CHS Inc.
© 2015 CHS Inc.
© 2015 CHS Inc.
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© 2015 CHS Inc.
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© 2015 CHS Inc.
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© 2015 CHS Inc.
© 2015 CHS Inc.
Welcome! © 2015 CHS Inc.
© 2015 CHS Inc.
© 2015 CHS Inc.
© 2015 CHS Inc.
© 2015 CHS Inc.
© 2015 CHS Inc.
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© 2015 CHS Inc.
That’s That’s our our intent. charge. our That’s . © 2015 CHS Inc.