Iroquois Valley Farmland REIT is a real estate investment company that provides land access for the next generation of organic farmers through innovative leases and mortgages.

PUBLIC BENEFIT CORPORATION BUILT FOR SCALE & IMPACT

Investor Capital Finances Organic Farmland, Creating Financial Returns and Positive Impacts

ORGANIC FARMING IS KEY TO OUR FUTURE

“Cultural, biological and mechanical practices that support the cycling of on-farm resources, promote ecological balance, and conserve biodiversity”

Supports farmers with higher profit margins

Maintains clean air& water

Domestic demand is outpacing supply

Builds soil fertility through crop rotation

and cover crops

Sequesters carbon in healthy,

living soilsProduces nutritious, delicious food supply

Creates ecological biodiversity that

support pollinators

Provides prosperity for rural

communities

BUT ONLY

1% OF US

FARMLAND IS CERTIFIED

ORGANIC

FARMERS FACE MANY BARRIERS TO ESTABLISHING AND EXPANDING ORGANIC FARMS, INCLUDING:

Access to land

Access to financing

Support through the 3 year transition to organic

Shared risk from lenders

Long-term commitment from financial partners

IROQUOIS VALLEY EMPOWERS ORGANIC

FARMERS TO BUILD PROFITABLE OPERATIONS

THROUGH INNOVATIVE FINANCE PRODUCTS

OUR BUSINESS MODEL

OUR MODEL FOR GROWTH IS UNIQUE

Evaluate opportunity with a farmer-first investment model

Provide long term land access to farmers

through secure capital and our REIT structure

Prioritize impact as a Certified B Corporation & Public Benefit Corporation

Support the business of independent farmers with innovative financial products that share risk

Raise capital incrementally from

a broad base of investors

Diversify our portfolio by operator, region,

crops and farm size

CREAMBOOK FARM - Augusta County, VA

SIZE

FARM VISIONFARMERS

WHAT THEY RAISE

215 acres of transitioning farmland

To provide healthy, delicious dairy products to

their community and to restore nutrients to the soil by rotationally grazing their

cows on pasture.

Ben & Kristen Beichler

100% grass-fed dairy for direct sales and to

creameries to make cheese, yogurt, etc

FARM PROFILE

JANIE’S FARM - Iroquois County, IL

SIZE

FARM VISIONFARMERS

WHAT THEY RAISE

457 acres of certified organic farmland

To grow and mill nutritious grains

and beans for sale in Chicago’s foodshed by

using practices that build soil organic matter.

Janie’s Farm was Iroquois Valley’s first investment in 2007. Iroquois Valley has reinvested in Janie’s Farm to support Harold

& Ross expand.

Harold & Ross Wilken4th & 5th generation

Edible beans, corn, wheat, specialty milling grains in multi-year crop rotations

FARM PROFILE

TIMELINE OF GROWTH

CURRENT PORTFOLIO

Approximately $50MM ASSETS

Approaching 400 INVESTORS

AVG EQUITYINVESTMENT:

$100,000

MOST COMMON:

$30,000

PRODUCTION MIXINVESTMENT MAP

ACRESGENERATIONAL LEGACY

71%

10%

17%

2%

Pastured Livestock

Pastured Dairy

Produce / Other

Crop Rotation (grains, legumes, alfalfa hay)

10

6

9

5

10

1st 2nd 3rd 4th 5th+142 302 302 302 606 887

1,7902,790

3,518

5,323

8,402

9,823

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

IROQUOIS VALLEY HAS GROWN, DIVERSIFIED

AND FOCUSED ON THE NEXT

GENERATION OF FARMERS

32%

25%

17%

26%

25%

75%

CAPITALIZATIONMORTGAGE VS. OWNED MIX

TYPE OF ACCOUNTSHARE PRICE

Mortgages

Leases

Individual, Joint

IRA, Tax Deferred

Irr. Trust, Family Office, Foundation

Revocable Trust

TOTAL ASSETS: $53.5 MILLION

UNSECURED NOTES

MORTGAGE DEBT

$36.7 million

$10.9 million

$5.9 million

SHAREHOLDER EQUITY

IROQUOIS VALLEY’S CAPITAL STRUCTURE IS DESIGNED FOR STEADY GROWTH & LONG-TERM

SUCCESS

$260 $292

$400$508

$552 $552 $568 $568$615 $626 $599

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

HOW INVESTORS MAKE A RETURN(TARGETS & PROJECTIONS)

30%UNSECURED

NOTES

1.5%COMPANY OPERATIONS

.25%BANK INTEREST

.75%NOTES INTEREST

70%OWNED &

LEASED4.5-5.5%

BLENDED RETURN ON

INVESTMENT CAPITAL

2-3%REIT

DIVIDEND

4-6%APPRECIATION

OF LAND

30%MORTGAGES

Diversified portfolio of organic farmland

Shared risk with partner farmers

Low costs and steady, incremental returns

Broad base ofimpact investors

10% BANK DEBT

CAPITAL ASSETS REVENUE TARGETED COSTS & RETURNS

60%REIT EQUITY

SHARES

TWO WAYS TO INVEST

REIT EQUITY SHARES

Own stock in a diversified portfolio of organic farmland supporting

independent farmers

“Growth and income” return: dividend plus appreciation of land

Accessible minimum investment: $10,183 (17 shares)

Redemption rights accrue after 5 years

Open to non-accredited investors**Investment amount must not exceed 10% of annual income or net worth

Loan Iroquois Valley capitalto acquire farmland

Receive 2.5% annual return insemi-annual interest payments

Create an additional 0.5% annual return for farmers converting soil

5-year term

Accessible minimum investment: $30,000

Available to accredited investors only

SOIL RESTORATION NOTES

IROQUOIS VALLEY CO-FOUNDERS

REIT STRUCTURE

Iroquois Valley Farmland REIT was founded in 2007 to address issues in:

Human health and nutrition

Negative impacts of the “dead soil monoculture” for farmers and farming communities

Lack of real asset investment opportunities in the wake of the financial crisis

Decentralized Ownership by mission-aligned investors

Democratically elected Board of Directors that includes farmers

Corporate Bylaws and REIT structure restrict ownership concentration for individual investors

David MillerCEO

Dr. Stephen RivardChairman of the Board

ALEX MACKAY Director of Business Development

& Investor Relations

(503) 765-5272 amackay@iroquoisvalleyfarms.com

https://iroquoisvalley.com

PUBLIC BENEFIT CORPORATION