At the start of 2026, Iroquois Valley is proud to announce an important milestone in our company’s evolution: the initial awards under our innovative Farmer Success Sharing Plan. This initiative recognizes and rewards our longtime organic farmer partners with grants of REIT equity shares. It reflects our conviction that lasting success is built in partnership—and that without our investors and farmers, none of Iroquois Valley’s success would be possible.

As stewards of the organic farmland in our portfolio, farmers play a central role in creating long-term value for the Company and its investors. Iroquois Valley shareholders financially benefit from the success of our farmers' organic agriculture operations in addition to sharing in the broader success of furthering our public benefit goals. Historically, the financial gains from rising farmland values accrued only to shareholders, leaving farmers without a direct stake in the appreciation of the land they care for year after year.

The Farmer Success Sharing Plan was created to align farmer stewardship with Iroquois Valley’s land ownership, strengthening our portfolio while honoring the partners who make its success possible. Board-approved awards are granted in years when the company generates sufficient profits to reward both investors and farmers.

For the 2025 calendar year, we are awarding equity grants to 18 farmers who hail from Illinois, Indiana, Michigan, Montana, Ohio, and West Virginia. These farmers represent over 170 years of combined partnership with Iroquois Valley and collectively steward more than 9,600 acres of organic farmland in our portfolio. In total, the equity awards under the Farmer Success Sharing Plan are valued at $200,000, which includes a one-time bonus for partners who have farmed with us for more than 10 years. The Board of Directors approved the grants in December 2025. These farmers will now hold common stock in our REIT and be shareholders alongside our investors. 

To be eligible for the Farmer Success Sharing Plan, farmers must actively lease Iroquois Valley farmland for at least 3 years, obtain organic certification, be in good financial standing with the Company, and demonstrate stewardship consistent with our impact goals. Equity awards are determined based on the annual revenue generated from their leased farmland.

The establishment of the Farmer Success Sharing Plan marks a pivotal step in building Iroquois Valley as a farmland investment company that serves as a catalyst for an organic future. We believe purpose and profits can—and should—work hand in hand. By recognizing land stewardship as a driver of long-term environmental, social, and economic impact, and by supporting farmers in doing well while doing good, we are helping build an agricultural system that improves the health and well-being of everyone.

IN THE MEDIA

AGFUNDER NEWS FEATURES

IROQUOIS VALLEY'S LONG GAME

We’re honored to have recently been featured in AgFunder News for decades of work supporting organic farmers. The piece highlights the importance of patient, long-term investment in organic agriculture and the role mission-aligned capital plays in supporting farmers, soil health, and resilient food systems. We are proud to be part of this work and to contribute to the growth of organic farmland nationwide.

LEARN & GROW

INVESTOR QUESTION OF THE MONTH

Q: From a tax-planning perspective, how should I evaluate my investment in Iroquois Valley REIT equity shares compared to public equities or a CD?

A: Returns on Iroquois Valley REIT shares consist of two components: a dividend and the long term appreciation of the shares. Historically, the dividend has been approximately 1/2 of 1% per year. It is taxed as ordinary income. Share price appreciation is the largest component of your total return and is measured by the increase in the share price over time. It isn’t taxed until you sell your shares.

Since your shares must be held for at least 5 years, the appreciation will be treated as a long-term capital gain. Long-term capital gains are generally taxed at lower rates than ordinary income. Income that you receive from public equities (that are held less than one year), and income on a CD are both taxed at your ordinary tax rate. If you invest in the REIT with money in your IRA, your taxes will be deferred until you withdraw the money, typically when you are retired.  

JOIN US

OGRAIN IN MADISON, WI JANUARY 22-24

We’re excited for the upcoming Organic Grain Resource and Information Network Conference happening in Madison, WI! Iroquois Valley is proud to sponsor this year’s conference, and we’re especially excited to share that team members will serve as featured speakers.

Iroquois Valley farmer Corey Johnson will speak on the panel “Transitioning to an Organic Mindset” and Iroquois Valley Farmer Relations Associate Joe P. Mantoan will participate in a panel focused on funding opportunities for organic farmers. Now in its 10th year, this milestone event brings a unique opportunity to learn directly from Upper Midwest organic grain growers and explore the latest research.

Planning to attend? Please reach out so that our team can connect with you. We hope to see you there!

CONNECT WITH IROQUOIS VALLEY

Our team is attending these upcoming events. Reach out to connect!

• OGRAIN (Madison, WI)
• Goetheanum Ag Conference (Switzerland)
• Agriculture, Community, Economics (Loveland, CO)
• Bioneers (Berkeley, CA)
• Global AgInvesting World Summit (New York, NY)
• Mission Investors Exchange (Atlanta, GA)

Photos: Johnson Family Farm, Black Wind Farm and Hoffman Family Farm

RNR Notes are available to accredited investors only. You may only invest after careful consideration of our complete Private Placement Memorandum, verification of your accredited investor status, and the submission of any other information required by Iroquois Valley relating to your proposed investment. No offering of RNR Notes is being made to investors until the Company has complied with the applicable state law. 

Iroquois Valley Farmland REIT, PBC is offering its common stock for sale pursuant to Tier 2 of Regulation A+ and as such intends to be exempted from state qualification pursuant to federal law. No offer to sell securities or solicitation of an offer to buy securities is being made herein or in any state where such offer or sale is not permitted under the blue sky or state securities laws thereof. Offerings are only made through our Offering Circular, available here. Some of the statements herein may constitute forward-looking statements under federal securities laws. Such forward-looking statements are subject to various risks and uncertainties, including those described in the Offering Circular.

CONNECTING FARMERS, COMMUNITIES, AND INVESTORS SINCE 2007

As a corporate guideline, we do not look for specific farmland to purchase or finance. We develop relationships with farmers who want to grow their businesses. We move forward when we have a ready, willing, and able farmer.