
	Three Months Ended June 30,				Six Months Ended June 30,
(US$ in millions, except for share data)	2023		2022		2023		2022







Net income (loss) attributable to Bunge common shareholders	$	622	$	206	$	1,254	$	894



Weighted-average number of common shares outstanding:
Basic	150,609,139		151,799,677		150,345,757		147,183,925
Effect of dilutive shares:
—stock options and awards (2)	1,570,265		2,273,037		1,886,376		2,687,006
—convertible preference shares (1)	—		—		—		3,966,347
Diluted	152,179,404		154,072,714		152,232,133		153,837,278

Earnings per common share:


Net income (loss) attributable to Bunge common shareholders—basic	$	4.13	$	1.36	$	8.34	$	6.08




Net income (loss) attributable to Bunge common shareholders—diluted	$	4.09	$	1.34	$	8.24	$	5.81

(1) Effective March 23, 2022, (the "Conversion Date"), in accordance with the terms of the certificate of designation governing the convertible preference shares, all of the Company's issued and outstanding convertible preference shares

were automatically converted into 1.2846 common shares of the Company, par value $0.01 per share. As a result of this conversion, dividends on the convertible preference shares ceased to accrue on the Conversion Date.

(2) The weighted-average common shares outstanding-diluted exclude less than one million stock options and contingently issuable restricted stock units, which were not dilutive and not included in the computation of earnings per share for each of the three and six months ended June 30, 2023, and 2022.