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        <com:city>MAUMEE</com:city>
        <com:stateOrCountry>OH</com:stateOrCountry>
        <com:zipCode>43537</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>(419)893-5050</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Dowdle Stephen F</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
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      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>900 Salem Street</com:street1>
          <com:city>Smithfield</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02917</com:zipCode>
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      <noOfUnitsOutstanding>33732414</noOfUnitsOutstanding>
      <approxSaleDate>06/27/2023</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
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      <natureOfAcquisitionTransaction>Open Market Purchase</natureOfAcquisitionTransaction>
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      <isGiftTransaction>N</isGiftTransaction>
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      <paymentDate>11/07/2019</paymentDate>
      <natureOfPayment>Cash</natureOfPayment>
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          <com:zipCode>43537</com:zipCode>
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      <grossProceeds>19760.00</grossProceeds>
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    <securitiesSoldInPast3Months>
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        </address>
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      <securitiesClassTitle>Common</securitiesClassTitle>
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    <securitiesSoldInPast3Months>
      <sellerDetails>
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      <securitiesClassTitle>Common</securitiesClassTitle>
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    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Stephen Dowdle</name>
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          <com:zipCode>43537</com:zipCode>
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      <grossProceeds>22650.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>06/27/2023</noticeDate>
      <signature>/s/ Jennifer Ruchti, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Stephen F. Dowdle</signature>
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144
0001751890
XXXXXXXX
LIVE
0000821026
Andersons, Inc.
000-20557
1947 BRIARFIELD BOULEVARD
MAUMEE
OH
43537
(419)893-5050
Dowdle Stephen F
Director
Common
Fidelity Brokerage Services LLC
900 Salem Street
Smithfield
RI
02917
500
22550.00
33732414
06/27/2023
NASDAQ
Common
11/07/2019
Open Market Purchase
Issuer
N
500
11/07/2019
Cash
N
Stephen Dowdle
1947 Briarfield Boulevard
Maumee
OH
43537
Common
05/19/2023
500
19760.00
Stephen Dowdle
1947 Briarfield Boulevard
Maumee
OH
43537
Common
05/22/2023
500
20550.00
Stephen Dowdle
1947 Briarfield Boulevard
Maumee
OH
43537
Common
06/06/2023
500
21150.00
Stephen Dowdle
1947 Briarfield Boulevard
Maumee
OH
43537
Common
06/07/2023
500
21650.00
Stephen Dowdle
1947 Briarfield Boulevard
Maumee
OH
43537
Common
06/12/2023
500
22650.00
06/27/2023
/s/ Jennifer Ruchti, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Stephen F. Dowdle