2026 and 2027 Anticipated Timelines

Member Distributions: The expected schedule is as follows:
– October 2026 – Member Distribution to retire equity credits for members of record October 1, 2026
– January 2027 – The Method A delivery incentive payment (for members who delivered in 2026)
– February 2027 – Required member distribution with a minimum of 30% of 2026 allocated income for members of record February 1, 2027.
Note: Golden Growers will withhold 2026 Method B Agency Fees and ND income tax withholding (for non-ND residents) from this payment. If allocated income is similar to 2026, this could be a little over $0.13/Unit.

Equity Distributions: Golden Growers expects the $81 million dollar payment from Cargill on January 1st, but distributions of that equity will not occur until March. Equity is expected to be issued in two separate payments
– Mid-March 2027 – Large initial equity payment.
– Late-March 2027 – Smaller final equity retirement payment.
Note: Quick math ($81M/15,490,480 units) would suggest total equity payments of around $5.20/Unit. Again, the amount is not yet determined and will depend on operating expenses and any unanticipated claims that may occur.

Non-Continuing Operations:
– 2027 Deliveries – There will be no delivery requirements for 2027
– 2027 Annual Meeting/Director Elections – with a pending dissolution of the cooperative, no annual meeting or director elections will occur in 2027.

Golden Growers Office
– January through May – Answer member inquiries, digitize company financial and other company records for archiving,
– February 2027 – Mail 2026 K-1 Tax Forms
– May 31, 2027 – final filings of dissolution with MN Secretary of State and ND Secretary of State.
– May 31, 2027 – Office officially closes.
– February 2027 – Eide Bailly will issue final 2027 K-1 Tax forms to members.
Golden Growers Website
– 2027-2028 – Golden Growers website will remain through 2028, but only for reference purposes.