Elevance Names Robert B. Shapiro to Board of Directors

July 12, 2010 (Woodbridge, IL)

Elevance Renewable Sciences, Inc. announced today that Robert B. Shapiro, co-founder and managing director of Sandbox Industries, will join its board of directors.

Shapiro brings extensive experience in both the agriculture industry and in entrepreneurship, as evidenced by his leadership of Sandbox Industries, a development firm that creates, launches and manages new business concepts and venture funds. Previously, Shapiro served as the Chairman and CEO of Monsanto Company. Upon the merger of Monsanto with Pharmacia & Upjohn, he served as Chairman of the newly-formed Pharmacia Corporation.

“Bob’s unique combination of knowledge in management and finance in the agricultural and chemical products industries will be an enormous asset to our company,” said K’Lynne Johnson, CEO of Elevance Renewable Sciences, Inc. “His experience with innovative and disruptive technologies makes him the perfect addition to our team, and we are honored to have him join our board of directors.”

Formerly, Shapiro was President of Monsanto’s Agriculture Group, Chairman and CEO of The NutraSweet Company, and President of the NutraSweet Group of G.D.Searle & Co., where he served as Vice President and General Counsel.

Before joining Searle, Shapiro was Vice President and General Counsel of General Instrument Corporation. He has practiced law in New York City and served in government as Special Assistant to the General Counsel and the Undersecretary of the U.S Department of Transportation.

In addition to Elevance, Shapiro serves on the boards of Theranos, Inc., Darkstrand, Inc., and Sapphire Energy, Inc. He previously served on the boards of the New York Stock Exchange (later NYSE Euronext), Citigroup, Inc., Rockwell International, Silicon Graphics, Inc., and Sequus Pharmaceuticals. Shapiro has also served on the President’s Advisory Committee on Trade Policy and on the White House Domestic Policy Review of Industrial Innovation. He is a 1959 graduate of Harvard College and holds a JD from Columbia University School of Law.

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