Icl Group Ltd. · TASE:ICL
Icl — BMO 14th Annual Farm to Market Conference 2019
30 slides from Icl's conference presentation, May 2019
Slide 1: BMO Farm to Market
BMO Farm to Market May 2019 Kobi Altman, CFO
Slide 2: Important Legal Notes
IMPORTANT LEGAL NOTES This Presentation (references to which and to any information contained herein shall be deemed to include information which has been or may be supplied in writing or orally in connection herewith or in connection with any further enquiries) is provided for the sole purpose of p
Slide 3: ICL - At a Glance
ICL- AT A GLANCE • e6 -יי 'ייי--"'י-- $5.6B = 49 ••• י•י ~11,000 \1, TOP 3 Sales in 2018, Manufacturing plants Employees worldwide, Leading supplier across with balanced in 15 countries 4,500 in lsrael most business lines and product portfolio worldwide target markets ~ .צ ~ f $6.9B >3.5%
Slide 4: DNA of Leadership
DNA OF LEADERSHIP #1 #3 #1 Globally in bromine Most competitive Globally in specialty globally in potash phosphates #1 #1 #1 Globally in phosphorus In western Europe in Globally in soluble based flame retardants compound PK fertilizers phosphate based fertilizers
Slide 5: Leadership Strategy: Present
LEADERSHIP STRATEGY PRESENT
Slide 6: ICL Business Leadership
ICL BUSINESS LEADERSHIP Market Share - Specialty Phosphates - Europe, NA, and LatAm1 Global Bromine Production Capacity1 ICL 24% ’ (Dead Sea) Global leadership 39% In Specialty Phosphates Albemarle Global leadership (Dead Sea) In Bromine 17% Potash FOB cost by Site and by Company2 $/tonne ICL Dead I
Slide 7: Organizational Structure Aligned with Strategy
ORGANIZATIONAL STRUCTURE ALIGNED WITH STRATEGY Phosphate Solutions division1,2 IAS - Innovative Ag Solutions division1 A leading provider of value added solutions for Creating leadership in advanced crop the industrial, food and agriculture end markets nutrition and agri-centric solutions $2.IB 3% 8
Slide 8: Leadership Strategy: Present
LEADERSHIP STRATEGY PRESENT il AICL
Slide 9: Leadership Strategy: Future
LEADERSHIP STRATEGY FUTURE IAS POTASH Aicl 12
Slide 10: Leadership Strategy
LEADERSHIP STRATEGY AICL B
Slide 11: Industrial Products Solid Leadership
INDUSTRIAL PRODUCTS SOLID LEADERSHIP THE GLOBAL BROMINE UNIQUE BROMINE PRICES MARKET LEADER ADVANTAGE IN CHINA 35 3d"4s’4p5 175K TONNES Br Bromine 79.904 of bromine were produced in 2018 NO.1 World's leading elemental bromine producer, with 40% of market production capacity 240K TONNES of bromine co
Slide 12: Industrial Products Main Goals
INDUSTRIAL PRODUCTS MAIN GOALS A WORLD LEADER AND BEYOND CONCRETING OUR GLOBAL LEADERSHIP OF THE BROMINE MARKET Increasing Demand via new bromine Advocacy &Regulation Value over volume ם Enhancing complementary applications business
Slide 13: Leadership Strategy
LEADERSHIP STRATEGY ANICL 1
Slide 14: Potash: Meeting the Global Need to Feed the World's Growing Population
POTASH MEETING THE GLOBAL NEED TO FEED THE WORLD'S GROWING POPULATION Without an improvement in crop yields, the demand for food will far outpace production World Arable Land Grain production Projections (indexed to too) 11 0.48 10 K. 100 World Crop Expansion of Crop Rotation Increase in Yields Worl
Slide 15: Potash ICL's Unique Position
POTASH ICL’S UNIQUE POSITION WELL ESTABLISHED IN LOWER COST AND FASTER STRONG POSITION GROWING MARKETS TIME-TO-MARKET 4.9 MILLION TONNES of potash were produced in 2018 80% PRODUCED FROM THE DEAD SEA One of the world's lowest cost sites due to evaporation process The Red Sea and logistic advantages
Slide 16: Potash ICL's Unique Position
POTASH ICL’S UNIQUE POSITION WELL ESTABLISHED IN LOWER COST AND FASTER STRONG POSITION GROWING MARKETS TIME-TO-MARKET 4.9 MILLION TONNES of potash were produced in 2018 80% PRODUCED FROM THE DEAD SEA One of the world's lowest cost sites due to evaporation process and logistic advantages ׳Za V NO.6
Slide 17: Potash Our Goals
POTASH OUR GOALS -+ TOP-3 5MT To be Among the Top-3 Maintain stable most competitive players in production of about 5 in our strategic markets million tonnes per year ~ 10% 1M Improve cost Produce 1 million tonnes competitiveness by 10% of polysulphate in the UK within 5 years by 2020 AICL 22
Slide 18: Leadership Strategy
LEADERSHIP STRATEGY AXICL 23
Slide 19: Phosphate Solutions ICL's Recipe for Leadership
P PHOSPHATE SOLUTIONS ICL’S RECIPE FOR LEADERSHIP UNIQUE BACKWARD WITH A LEADING MARKET AND VALUABLE INTEGRATION MODEL POSITION INNOVATIVE PRODUCTS 5M TONNES Market Share - Specialty Phosphates - of phosphate rock and 2,300K Europe, NA, and LatAm1 tonnes of fertilizers produced in 2018 ICL is focuse
Slide 20: Phosphate Solutions Our Goals
P PHOSPHATE SOLUTIONS OUR GOALS □ A leading provider of value added solutions for the industrial, food and agriculture end markets Increase capacity of purified Value based Innovation phosphoric acid, the base raw product new applications material for our downstream positioning & solutions specialty
Slide 21: Leadership Strategy
LEADERSHIP STRATEGY Aicl 28
Slide 22: Innovative Ag Solutions Creating Leadership
\ INNOVATIVE AG SOLUTIONS CREATING LEADERSHIP SPECIALTY FERTILIZERS - THE FAST GROWING INDUSTRY DIVERSIFIED PORTFOLIO FOUNDATION FOR THE FUTURE Market Dynamics 2006- 2016 (Mt)1 ~850K TONNES of soluble, liquid and controlled release fertilizer capacity OVER 300 ICL-SF agronomists in sales and Compo c
Slide 23: Innovative Ag Solutions
\ INNOVATIVE AG SOLUTIONS Creating leadership in advanced crop nutrition and farmer centric solutions PORTFOLIO GROWTH UNIQUE R&D CAPABILITIES Develop new advanced specialty Grow specialty fertilizers sales from Rely on decades of chemical and fertilizers, including niche products, to $ 700 million
Slide 24: Leadership Strategy: Present & Future
LEADERSHIP STRATEGY PRESENT&FUTURE POTASH Aicl 32
Slide 25: Continued Sequential Growth in Main Financial Parameters
Continued Sequential Growth in Main Financial Parameters $ millions Adjusted operating income Adjusted EBITDA Operating cash flow excluding divested businesses (1) excluding divested businesses(1) | Adjusted operating income | Adjusted EBITDA | Operating cash flow % Adjusted operating income % Adjus
Slide 26: Key Takeaways
KEY TAKEAWAYS CONTINUOUS PROGRESS TOWARDS LONG-TERM VALUE CREATION Aicl 34
Slide 27: Thank You
Aicl THANK YOU visit us at www.icl-group.com
Slide 28: Appendix
Appendix AוcL
Slide 29: Reconciliation Tables (1/2)
Reconciliation Tables (1/2) Calculation of adjusted income before tax ($ millions) Ql 19 Ql 18 FY2018 Adjusted operating income 241 151 753 Finance expenses (35) (15) (158) Share in earnings (losses) of equity-accounted investees and adjustments to financial expenses - 1 13 Adjusted income before ta
Slide 30: Reconciliation Tables (2/2)
Reconciliation Tables (2/2) Calculation of adjusted net income excluding divestments to net income ($ millions) Ql 19 Q4 18 Q3 18 Q2 18 Ql 18 Net income attributable to the shareholders of the Company 139 82 129 101 928 Total adjustments to operating income01 14 48 4 16 (832) Adjustments to finance
ICL Group — BMO 14th Annual Farm to Market Conference 2019 on 6ix