Stepan and Staphyt Announce Strategic Collaboration Agreement to Accelerate Agricultural Innovation in Europe

NORTHBROOK, Ill., October 15, 2025 —  In a fast-changing world, adaptability is essential, especially when navigating innovation with regulated products. Each new technology must be viewed through multiple lenses to determine its most relevant path to market. With this in mind, Stepan Company and Staphyt have entered into a strategic collaboration to deliver a full-service solution for bringing regulated agricultural products to the European market. This collaboration combines Stepan’s formulation expertise with Staphyt’s regulatory and field/laboratory evaluation capabilities to help innovators accelerate time to market and ensure product quality and sustainability.

By combining Stepan's Advanced Formulation Services (AFS) with Staphyt's regulatory strategy and GEP/GLP data generation, agricultural companies gain access to a comprehensive, 360° approach—from concept development and formulation design to field validation and market launch.

“Introducing new product concepts into the agricultural sector presents significant challenges and complexities. Collaborative agreements, such as the one announced today, offer an effective means to leverage the complementary strengths of both organizations, thereby accelerating time to market and delivering value to innovators across the value chain,” said Dave Allen, VP of Global Crop Productivity, Stepan.

“Staphyt has always been committed to facilitating and adding value for its customers. We are delighted with this new synergy, which complements our desire to offer a comprehensive service to our clients. At Staphyt, as at Stepan, our teams are eager to explore new models for innovative service offerings together,” said Olivier Marchioro, General Manager, Staphyt.

This unique collaboration in Europe provides clients with integrated support for the design and formulation of agrochemical and biological solutions, their evaluation in the field and laboratory, and their successful launch to market. 

About Stepan Agricultural Solutions

Stepan Agricultural Solutions is a global partner to the crop protection and nutrition industries, offering advanced formulation technologies and services that help customers bring innovative, effective, and sustainable products to market. Through Advanced Formulation Services (AFS), Stepan provides end-to-end support—from concept development and formulation design to scale-up and field validation. With R&D and application centers in North America, Europe, Latin America, and Asia, Stepan combines deep formulation expertise with regional insights to solve complex challenges in agrochemical and biological product development. Stepan’s commitment to science, sustainability, and customer collaboration drives its mission to help growers protect and nourish crops more efficiently and responsibly. 

About Staphyt

Staphyt is a leading provider of regulatory consultancy as well as field and laboratory development services for the agricultural, chemical and biocide sectors. Staphyt teams are established in Europe, Morocco, Brazil and the USA. With a strong commitment to innovation and customer success, Staphyt supports clients in navigating complex regulatory environments and generating high-quality data as well as registration dossiers to bring new products to market. The company’s expertise spans regulatory strategy, field trials, and laboratory studies, enabling a comprehensive approach to product development and market access.  

For more information about Stepan Company please visit the Company online at www.stepan.com

Certain information in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include statements about Stepan Company's plans, objectives, strategies, financial performance and outlook, trends, the amount and timing of future cash distributions, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, Stepan Company's actual financial results, performance, achievements or prospects may differ materially from those expressed or implied by these forwardlooking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "guidance," "predict," "potential," "continue," "likely," "will," "would," "should," "illustrative" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by Stepan Company and its management based on their knowledge and understanding of the business and industry, are inherently uncertain. These statements are not guarantees of future performance, and stockholders should not place undue reliance on forward-looking statements. There are a number of risks, uncertainties and other important factors, many of which are beyond Stepan Company's control, that could cause actual results to differ materially from the forward-looking statements contained in this news release. Such risks, uncertainties and other important factors include, among other factors, the risks, uncertainties and factors described in Stepan Company's Form 10-K, Form 10-Q and Form 8-K reports and exhibits to those reports, and include (but are not limited to) risks and uncertainties related to accidents, unplanned production shutdowns or disruptions in manufacturing facilities; reduced demand due to customer product reformulations or new technologies; our inability to successfully develop or introduce new products; compliance with laws; our ability to identify suitable acquisition candidates and successfully complete and integrate acquisitions; global competition; volatility of raw material and energy costs and supply; disruptions in transportation or significant changes in transportation costs; downturns in certain industries and general economic downturns; international business risks, including currency exchange rate fluctuations, changes in global trade policies, including tariffs; legal restrictions and taxes; unfavorable resolution of litigation against us; maintaining and protecting intellectual property rights; our ability to access capital markets; global political, military, security or other instability; costs related to expansion or other capital projects; interruption or breaches of information technology systems; our ability to retain executive management and key personnel; and our debt covenants. These forward-looking statements are made only as of the date hereof, and Stepan Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.