Yara International Asa · OSL:YAR

Yara International Asa — Shareholder Meeting (May 2025)

16 slides from Yara International Asa's shareholder meeting presentation, May 28, 2025

  1. Slide 1: Yara International ASA Annual General Meeting

    Yara International ASA Annual General Meeting 28 May 2025

  2. Slide 2: All time low TRI

    All time low TRI TRI1 (12-month rolling) 0.9 1) Total Recordable Injuries per 1 million working hours 2

  3. Slide 3: 2024 key elements

    2024 key elements EBITDA2 of 2,051 MUSD with improved margins and higher deliveries Record production1 and safety performance, strong progress on GHG targets Launch of cost and capex program, good progress per year-end Top priority is increasing free cash flow3 and shareholder returns 1) YIP product

  4. Slide 4: Improved EBITDA with increased volumes and margins, good progress on cost reduction program

    Improved EBITDA with increased volumes and margins, good progress on cost reduction program EBITDA excl. special items (MUSD)1 ROIC2 42 23 75 200 Currency +28 Price/margin -355 Energy cost4 +430 2,051 1,712 2023 Volume/mix3 Margin Fixed Cost5 Other 2024 2.9% 5.0% 1) EBITDA excl. special items. For d

  5. Slide 5: A record year in production

    A record year in production Ammonia production, YIP terms1 (mt) Finished product production, YIP terms1 (mt) – All time high production levels – All time high production levels when adjusting for Montoir – Improved performance and reliability driven by operational – Strong performance across several

  6. Slide 6: Yara's mission

    Yara’s mission: Responsibly feed the world and protect the planet 6

  7. Slide 7: Reduced GHG emission intensity with successful implementation of key projects

    Reduced GHG emission intensity with successful implementation of key projects Emissions intensity On track to achieve the 2025 target GHG intensity, kg Co2e/kg N ▪ Total project portfolio to reach the target: 90 projects Planet 3.0 3.0 3.0 3.1 3.0 with an estimated investment of 200 MUSD, average pa

  8. Slide 8: Stable people performance, committed to achieve 2025 targets

    Stable people performance, committed People to achieve 2025 targets Employee engagement1 Diversity, Equity & Inclusion Share of female leaders3 index2 Index Index Percent 78 77 40 76 75 75 75 32 32 29 2022 2023 2024 2022 2023 2024 2022 2023 2024 2025 Target 1) Measured annually. Employee engagement

  9. Slide 9: Cost and capex reduction program launched: Taking action to strengthen financial performance

    Cost and capex reduction program launched: Taking action to strengthen financial performance ost optimi ation Fixed cost1 reduction: ocus on core business and ey strategic priorities Increase free cash flow 150 MUSD end 20252 ail return activities to be scaled down Drive sustainable profitability tr

  10. Slide 10: Reducing cost base, focusing on core activities

    Reducing cost base, focusing on core activities Fixed cost excluding special items, L12M1 MUSD, including currency translation effect Prioritize core business and key strategic priorities, scale -90 > down low-return activities 2,533 2,513 2,443 2,380 Main cost focus on new business offerings and ov

  11. Slide 11: Strict capital discipline, repositioning capex towards higher-return investments

    Strict capital discipline, repositioning capex towards higher-return investments Reduced 2024 and 2025 capex since guidance Capex prioritization towards higher-return investments BUSD Uncommitted growth Committed growth Maintenance Guidance: 1.2 BUSD 1.10 0.15 Main growth capex related to high-retur

  12. Slide 12: High ammonia import flexibility underlines the value of Yara's European assets

    High ammonia import flexibility underlines the value of Yara’s European assets Urea plants mainly for European nitrate plants are well positioned vs European energy volatility Industrial use annual capacities1, million tons annual capacities1, million tons Future profitability of premium products to

  13. Slide 13: Yara will use its competitive edge within ammonia to select growth path

    Yara will use its competitive edge within ammonia to select growth path solely based on shareholder returns Strong Yara shareholder return track record on Yara is the strongest partner for any ammonia Yara’s scale and flexibility creates unrivalled ammonia investments project, for existing demand an

  14. Slide 14: Yara is well positioned to navigate volatility with its global scale and flexibility

    Yara is well positioned to navigate volatility with its global scale and flexibility Geopolitical situation strengthens business case for operational flexibility and resilience Yara’s has limited imports to the US - A global asset footprint and downstream presence is Yara’s direct U e posure Yara’s

  15. Slide 15: Progress to future-proof core operations and increase shareholder returns

    Progress to future-proof core operations and increase shareholder returns Value- Current Reduce cost Portfolio accretive Premium Market baseline and capex optimization ammonia growth conditions growth Focus on core operations Asset portfolio review Premium over volumes Tightening nitrogen supply Low

  16. Slide 16: 28 May 2025 - YARA AGM

    28 May 2025 - YARA AGM

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