American Vanguard Corporation

1

• American Vanguard Corporation
• KeyBanc Capital Markets
• Basic Materials Conference
• September 16, 2009

2

• Any forward-looking aspects of this presentation,
  should be considered in light of potential risks
  and uncertainties that can cause actual results
  to differ from assertions about the future that
  may be referenced here. Such risks and
  uncertainties are fully described in the
  companys filings with the SEC, and should be
  considered by investors before making equity
  ownership decisions.

3
American VanguardMain Messages

• Positive Industry Dynamics
• Demand drivers, genetic trends, GMO performance
  gaps
• Proven Product Acquisition Model
• Successfully repositioning acquired
  technologies
• Participant in Diversified Markets
• Agricultural and non-crop applications
• World-Class Manufacturing Capability
• High-quality, environmentally compliant, cost
  competitive
• International Growth Potential
• Niche major crops, independent
  collaborative pursuits
• Financial Profile
• Excellent operating performance, strong
  financial control

4
Industry Overview

• Major Demand Drivers
• Food, Feed, Fiber, Fuel create tight global
  supply/demand balance Leading to higher
  commodity crop prices

• Technology Trends
• Have been dominated by genetic modification of
  seeds plants to tolerate specific herbicides
  mitigate insect infestation. Additional genetic
  advances seek to provide more comprehensive
  insect defenses and address plant nutrient and
  moisture requirements.

• Opportunities
• History suggests and recent experience
  demonstrates that significant gaps in GMO
  performance exist and that certain synthetic
  chemicals applied in a safe, efficient and
  economical manner can effectively provide
  solutions that mitigate resistance development
  and contribute to enhanced productivity.

5
Market Forecast 2007 to 2012
Phillips McDougal Data
6
Agrochemical Company Market Shares
Phillips McDougal Data
7
Successful Growth Strategy

• Capitalize on AMVACs strengths and industry
  consolidation to pursue external growth via
• Product acquisitions
• Organic growth (existing product line)
• Licensing
• Limited generic opportunities
• 
  
• Recent acquisitions
• Build on existing market know how and presence
• PNCB (Chemtura)
• Compliment our product portfolio
• Orthene (Valent)

8
Proven Track Record of Acquisitions
DiBrom Naled (US) (Valent) 1998
Ambush 25WP Permethrin (Syngenta) 2002
E-Z Load System (UAP) 2006
Vapam Metam Sodium (Zeneca) 1996
Deadline Metaldehyde (Pace) 2003
Axis Plant (Dupont) 2005
Folex Tribufos (Aventis) 2002
Hannibal Plant (BASF) 2008
Lorsban (Dow) 2006
Smartbox System (Dupont) 2000
Bidrin Dicrotophos (Dupont) 1993
Ambush, Prelude Permethrin (25-WP) (Syngenta) 2006
Evital Norflurazon (Syngenta) 2003
Marsing Plant (Bayer) 2008
Thimet Phorate (BASF) 2005
Fruitone NAA (Rhone Poulenc) 1991
Fortress Chorethoxyfos (Dupont) 2000
Nuvan Veterinary DDVP (Novartis AH) 2003
LockNLoad System (BASF) 2006
Impact Topramezone (BASF) 2005
Terraclor PCNB (Chemtura) 2007
DiBrom (ex-US) (Chevron) 1991
Dacthal DCPA (Zeneca) 2000
Counter Terbufos (BASF) 2006
Orthene Acephate (Valent) 2008
Avenge Difenzoquat (BASF) 2005
Aztec (TBP) (Bayer) 2000
Hivol 2,4-D (Pace) 2003

• Phosdrin
• Mevinphos
• (Dupont)
• 1989

1989
2008
9
Diversified Market Presence
10
Meeting the Needs of Corn Growers

• Amvacs Three Prong Address of GMO Deficiencies
• Resistance Management Using traditional
  chemical soil insecticides to limit the
  development of insect immunity to the defenses
  incorporated into new genetically modified seeds.
• Yield Enhancement On acreage that exhibits
  moderate to heavy soil insect infestation we have
  demonstrated that using our soil insecticides in
  conjunction with trait seed can result in
  significant gains in output yield.
• Post-Emergent Herbicides Such products are
  required to eliminate numerous late season weeds
  and grasses that have developed resistance to the
  primary corn herbicide glyphosate. Our Impact
  is the most effective product in this category.

11
Yield Advantage 2-Year summary Data from 11
Universities
12
IMPACT for Tough-to-Control Weeds

• Monsanto endorsement
• Roundup Ready Corn
• Glyphosate resistant weeds and grasses

13
Manufacturing Los Angeles, CA

• Efficient manufacturing
• Peer companies of similar size only formulate
• Allows for cost and quality control and improves
  reliability

• L.A. facility produces approximately 80 million
  lbs. of active ingredient per year

14
Manufacturing Axis, AL

• Increased capabilities and effectiveness
• Allows for more complex manufacturing
  opportunities
• Location lends geographic diversity
• Shared services for the common operational
  requirements of units reduces expenses
• 25 acres on a 510 acre complex (one of three
  units)

15
Manufacturing Hannibal, MO

• Organophosphate Production
• Counter / Thimet
• Strategic Location
• 80 of U.S. corn market within 500 mile radius
• Excellent barge, rail and truck transportation

16
Manufacturing Marsing, ID

• Increased Formulation Capabilities
• Flowable products
• Seed Treatment Segment
• Seamless Transfer of Operations
• Multi-year supply agreement with Bayer
  CropScience
• Logistical Advantages
• Positioned to meet demands of Northwestern US and
  Western Canada

17
Non-Crop Expansion

• Consistent Gains
• 2006 31.3 Million 16.2 of sales
• 2007 30.8 Million 14.2 of sales
• 2008 44.3 Million 18.8 of sales
• Drivers
• Expanded zone of application for Dibrom mosquito
  adulticide
• Penetration of turf and ornamental segment
• New applications in pest management sector
• Prospects
• Additional Registrations for DDVP bed bug
  eradicator

18
Nuvan Prostrips
19
International Expansion Potential

• Substantial Gains
• 2005 13.9 Million 7.3 of sales
• 2006 17.2 Million 8.9 of sales
• 2007 32.9 Million 15.2 of sales
• 2008 41.3 Million 17.4 of sales
• Drivers
• 2006 Acquisitions
• Latin American Initiatives
• Prospects
• Additional with PCNB fungicides
• Potential collaborations

20
Innovative Improvements
SmartDrop Chemigation
21
SmartBox Benefits Summary

• Safer handling.
• Improved accuracy.
• Low rate application.
• Increased application information.

AMVAC confidential
22
Committed to Customer Success

• Partner with Industry
• Increase profitability
• Expand market
• Maintain valuable inputs
• Advance Existing Methods

United Potato Growers Association
Partners
23
Responsible Stewardship

• Environmentally Compliant Facilities
• Comprehensive Training and Education Efforts
• Applicators
• Growers
• Consultants
• PCAs
• First Responders
• Nation-wide Technical Support

24
Organizational Capabilities
Substantial talent added to a highly experienced
team

• Chief Operating Officer Trevor Thorley
• Chief Financial Officer David Johnson
• Head of Technology John Killmer
• Regional Sales Manager Jim Lehman
• National Accounts Manager Jeff Hayslett

25
Distinct Characteristics

• AVD has invested in proprietary FIFRA
  registration data for nine products to satisfy
  U.S. EPA regulations
• Supports long-term margins
• Significant competitive advantage should other
  countries adopt stricter standards on label
  authorizations, similar to U.S. EPA

Value of Data in Millions of Dollars
26
(No Transcript)
27
Half Year Agrochemical Sales 2008 and 2009
For the companies listed above, overall sales
declined in the first half of 2009 in US dollar
terms by 6.8, significantly behind the
equivalent result in the first half of 2008 when
growth of 28.9 was recorded
Phillips McDougall
28
Consolidated Statements of Operations
29
American Vanguard Take Away

• Growing Participant in a Healthy Industry
• Business Model Successful / Adaptable
• Diversified End-Use Market Niches
• Strategic, Efficient, Compliant Manufacturing
• International / Non-Crop Growth Potential
• Organization Committed to Customer / Stewardship
• Entrepreneurial / Financially Prudent Culture