SCHEDULE 13G/A: Route One Investment Entities Amend Adecoagro S.A. Ownership Filing to Correct Event Date

Route One Investment Company and its affiliates filed an amended Schedule 13G for Adecoagro S.A. to correct the event date to April 30, 2025, maintaining a 1.5% beneficial ownership stake.

Summary

• This document is Amendment No. 8 to a Schedule 13G filing concerning beneficial ownership of Common Shares of Adecoagro S.A. (Issuer).
• The primary purpose of this amendment is to correct an inadvertent error in the previously filed amendment (May 6, 2025), changing the 'Date of Event Which Requires Filing of this Statement' from April 30, 2024, to the correct date of April 30, 2025.
• The reporting persons include Route One Investment Company, L.P., ROIC, LLC, Route One Investment Company, LLC, Route One Offshore Master Fund, L.P., William F. Duhamel, Jr., and Jason E. Moment.
• Route One Investment Company, L.P., ROIC, LLC, Route One Investment Company, LLC, William F. Duhamel, Jr., and Jason E. Moment each beneficially own 1,459,768 Common Shares of Adecoagro S.A., representing 1.5% of the class.
• Route One Offshore Master Fund, L.P. beneficially owns 1,007,621 Common Shares, representing 1.0% of the class.
• All reporting persons hold shared voting power and shared dispositive power over their respective beneficially owned shares, with no sole voting or dispositive power.
• The percentage of class is calculated based on 99,993,156 Common Shares outstanding as of April 4, 2025, as reported in Adecoagro S.A.'s Form 20-F for the fiscal year ended December 31, 2024.
• The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine administrative amendment to correct a date error in a beneficial ownership filing. It contains no new operational, financial, or strategic information about the issuer, thus maintaining a neutral sentiment.

Positives

• The prompt correction of the filing date demonstrates adherence to regulatory compliance and transparency.
• The continued beneficial ownership by Route One entities indicates ongoing investment interest in Adecoagro S.A.

Negatives

• An initial administrative error in the previous filing necessitated this amendment.

Risks

• Potential for administrative errors in regulatory filings, though promptly corrected in this instance.

Future Outlook

This Schedule 13G amendment provides no forward-looking statements or guidance regarding Adecoagro S.A.'s future operations or financial performance.

Industry Context

This filing is a routine disclosure of beneficial ownership by an institutional investor and does not provide specific insights into broader industry trends or competitive dynamics within the agricultural or food production sectors where Adecoagro S.A. operates.

Stakeholder Impact

• Shareholders: Provides updated and corrected information regarding institutional ownership, ensuring transparency and accuracy of public records.

Key Dates

Keywords

Adecoagro S.A., Schedule 13G, beneficial ownership, SEC filing, institutional investor, Route One Investment Company, common shares, equity stake, amendment