The Andersons Inc. Watch

from 10-K 3 pages Description of Common Shares

from S-8 15 pages The Andersons, Inc. Lansing Acquisition 2018 Inducement and Retention Award Plan

from S-3ASR 50 pages The Andersons, Inc. Indenture Dated as of June 28, 2012 the Huntington National Bank, Trustee

from 10-K405 ~5 pages Indenture or similar

from 10-K405 ~5 pages Indenture or similar

from S-8 ~20 pages Indenture or similar

from S-8 ~10 pages Indenture or similar

from S-4/A 1 page [Form of Face of Certificate] Incorporated Under the Laws of Ohio Number Shares the Andersons Management Corp. This Certifies That Is the Owner of Fully Paid and Non-Assessable Common Shares, Without Par Value, of the Andersons Management Corp. Transferable Only on the Books of the Corporation by the Holder Hereof in Person or by Attorney Upon Surrender of This Certificate Properly Endorsed. in Witness Whereof, the Said Corporation Has Caused This Certificate to Be Signed by Its Duly Authorized Officers and Its Corporate Seal to Be Hereunto Affixed. Dated: President Secretary [Form of Reverse of Certificate] Certificate for Common Shares, Without Par Value Issued to Dated for Value Received , Hereby Sells, Assigns and Transfers Unto , of the Common Shares Represented by the Within Certificate, and Does Hereby Irrevocably Constitute and Appoint Attorney to Transfer the Said Common Shares on the Books of the Within Named Corporation, With Full Power of Substitution in the Premises. Dated: In the Presence Of