Series B Director Thomas J. Schmitt voluntarily tendered his resignation from the Board of Directors of Southwest Iowa Renewable Energy, LLC, effective June 30, 2013. After over 32 years of agribusiness experience with Bunge North America Inc. (Bunge) and affiliates, Mr. Schmitt recently retired from Bunge and coordinated his resignation from the Board with his retirement. Mr. Schmitt did not resign due to any disagreement with the Company regarding any matter relating to the Company's operations, policies or practices.

On July 1, 2013, Bunge, as the sole Series B Member and pursuant to the Company's Third Amended and Restated Operating Agreement, dated July 17, 2009, appointed Aaron A. Meyerle as the Series B Director of the Company to replace Mr. Schmitt. Mr. Meyerle has held various management and commodity trading roles in the grain and agricultural processing industry for over seventeen years. Mr. Meyerle is currently the Western Region Manager for Bunge's Oilseed Processing Division.