Oci Nv · EURONEXT:OCI

Oci Nv — Investor Presentation (September 2014)

29 slides from Oci Nv's investor presentation, September 2014

1. Slide 1: OCI N.V. Corporate Presentation

   OCI N.V. Corporate Presentation September 2014

2. Slide 2: Overview

   Overview Overview 3 Fertilizer & Chemicals Group 7 Engineering & Construction Group 14 H1 2014 Results 17 Appendix 24

3. Slide 3: Company Overview

   Company Overview  Leading global natural gas-based fertilizer & chemicals producer and engineering & construction company  Recently announced intention to proceed with demerger of Construction Business OCI N.V.  Re-domiciled from Egypt to The Netherlands through an exchange and tender offer for E

4. Slide 4: Business Segments

   Business Segments  Produces nitrogen fertilizers, methanol and other natural gas based products, serving agricultural and industrial customers from the Americas to Asia Fertilizer &  Production facilities in The Netherlands, USA, Egypt and Algeria Chemicals  Top 5 five global nitrogen-based ferti

5. Slide 5: Company History

   Company History 1950 -  Established in the 1950s by Onsi Sawiris as a construction contractor in Egypt. Construction Present  Developed into a leading industry player across the Middle East, Asia, USA and Europe. 1996 -  Started the cement group in the mid-90s, growing production from a single li

6. Slide 6: Revenue and EBITDA by Segment

   Revenue and EBITDA by Segment 2013 Revenue* Split  Fertilizer & Chemicals Group: ‒ Sorfert main driver of EBITDA growth in 2014 ‒ Expect step-up in EBITDA from new capacities coming onstream Engineering & Construction in the United States between now and end-2016 44.0% Fertilizer & Chemicals 56.0%

7. Slide 7: Fertilizer & Chemicals Group

   Fertilizer & Chemicals Group

8. Slide 8: Rapid Ramp-up of Production Capacity

   Fertilizer & Chemicals Group Rapid Ramp-up of Production Capacity Production Capacity From Inception in Egypt to Completion of Current North American Greenfield Projects 1.3 mtpa 4.0 mtpa 7.5 mtpa 11.9 mtpa 14,000 Sellable production Capacity (ktpa) 12,000 10,000 8,000 6,000 4,000 2,000 0 2008 2011

9. Slide 9: Expanding Product Portfolio

   Fertilizer & Chemicals Group Expanding Product Portfolio Design Capacities¹ Total Ammonia Fertilizer Chemicals for sale Plant Country Gross Net⁶ Urea UAN⁷ CAN Methanol Melamine DEF for sale Egyptian Fertilizers Company² Egypt 800 - 1,550 - - 1,550 - - - 1,550 Egypt Basic Industries Corp. Egypt 730 7

10. Slide 10: Organic Growth Initiatives in the United States: Iowa Fertilizer Company

    Fertilizers & Chemicals Group Organic Growth Initiatives in the United States: Iowa Fertilizer Company  Strategic location: in the heart of the US Midwest corn belt benefiting from a first mover advantage in the US for greenfield plants – broke ground on 19 November 2012 and scheduled to begin prod

11. Slide 11: Organic Growth Initiatives in the United States - OCI Beaumont & Natgasoline LLC

    Fertilizers & Chemicals Group Organic Growth Initiatives in the United States - OCI Beaumont & Natgasoline LLC  Largest integrated ammonia-methanol plant in North America  Competitive location on Gulf Coast, strong ammonia / methanol economics in the US market and attractive natural gas feedstock

12. Slide 12: Operating Production Facilities in 4 Countries and 2 Under Construction

    Fertilizer & Chemicals Group 5 Operating Production Facilities in 4 Countries and 2 Under Construction OCI Beaumont – MLP (78.3%1) OCI Nitrogen (100%) Egyptian Fertilizers Company (EFC) (100%)  USA-based  Netherlands-based  Egypt-based  Capacity:  Capacity:  Capacity: − 265 ktpa of ammonia − 1

13. Slide 13: Global Distribution Presence – 6.6 million tons sold in 2013

    Fertilizer & Chemicals Group Global Distribution Presence – 6.6 million tons sold in 2013  A global distribution network with a strong presence in Europe and strategic joint ventures in Brazil and the USA  While OCI maintains good relations with major international fertilizer traders, the majority

14. Slide 14: Engineering & Construction Group

    Engineering & Construction Group

15. Slide 15: Diversified Geographic Presence with a Wide Range of Core Competencies

    Engineering & Construction Group Diversified Geographic Presence with a Wide Range of Core Competencies Orascom Construction Contrack  Core markets: Egypt, Algeria, Saudi Arabia and USA  Core markets: USA and territories, the Middle East and Central Asia  2014 ENR Rankings: 67 on International Co

16. Slide 16: Promising Outlook

    Engineering & Construction Group Promising Outlook Growth Prospects Backlog by Geography (30 June 2014)  Backlog: Algeria 5.0% Egypt ‒ Strong start to 2014 with $ 2.3 billion in new awards in H1 25.2% 2014, already exceeding $ 1.4 billion achieved in 2013 ‒ Consolidated backlog increased 28% during

17. Slide 17: H1 2014 Results

    H1 2014 Results

18. Slide 18: Consolidated Results: Financial Highlights

    Consolidated Results1) Financial Highlights $ Million H1 2014 H1 2013* %Δ 2013* Revenue 2,320.3 2,252.7 3.0% 4,460.7 EBITDA 412.5 330.9 24.7% 637.9 EBITDA Margin 17.8% 14.7% 14.3% Net Income Attributable to Shareholders 39.5 55.9 -29.3% 295.2 Net Income Margin 1.7% 2.5% 6.6% Total Assets 10,714.5 10

19. Slide 19: Fertilizer & Chemicals Group Highlights: Financial Snapshot

    Fertilizer & Chemicals Group Highlights Financial Snapshot $ Million H1 2014 H1 2013* %Δ 2013* Revenue 1,298.1 1,307.6 -0.7% 2,516.0 EBITDA 403.5 308.4 30.8% 635.0 EBITDA Margin 31.1% 23.6% 25.2% * H1 2013 and 2013 results have been restated to comply with IFRS 11 Operational performance:  On a com

20. Slide 20: Q2 and H1 2014 Sales Volumes

    Fertilizer & Chemicals Group Highlights Q2 and H1 2014 Sales Volumes Product – Sales Volumes Q2 2014 Q2 2013 %Δ Q1 2014 Q1 2013 %Δ H1 2014 H1 2013 %Δ Granular Urea OCI Product Sold 315.7 116.1 171.8% 429.7 158.5 171.1% 745.4 274.7 171.4% Third Party Traded 0.9 36.7 -97.6% 25.6 343.6 -92.6% 26.5 380.

21. Slide 21: Engineering & Construction Group Highlights: Financial Snapshot

    Engineering & Construction Group Highlights Financial Snapshot $ Million H1 2014 H1 2013* %Δ 2013* Revenue 1,022.2 945.1 8.2% 1,976.5 EBITDA 41.1 46.7 -12.0% 28.0 EBITDA Margin 4.0% 4.9% 1.4% * The 2013 results have been restated and now equity account for BESIX and certain other construction JVs (I

22. Slide 22: Backlog and New Awards Snapshot as at 30 June 2014

    Engineering & Construction Group Highlights Backlog and New Awards Snapshot as at 30 June 2014  Consolidated backlog stood at $ 5.0 billion as at 30 June 2014, a 28% increase compared with the backlog of $ 3.9 billion as at 31 March 2014  Infrastructure and industrial work constitute 89% of the ba

23. Slide 23: Debt Overview

    Debt Overview  Total gross debt outstanding of $ 5,939 million as at 30 June 2014, a small (0.8%) increase over 31 December 2013  The majority of OCI N.V’s total debt outstanding is held at the operating company level and is financed through operating cash flows  OCI N.V.’s debt profile is detail

24. Slide 24: Appendix

    Appendix

25. Slide 25: Consolidated Income Statement

    Consolidated Income Statement $ million H1 2014 H1 2013* Revenue 2,320.3 2,252.7 Cost of sales -1,920.7 -1,884.2 Gross Profit 399.6 368.5 Selling, General and Admin Expenses -179.9 -179.6 Other operating income 28.0 21.7 Other operating expense -3.2 -7.1 Transaction costs 0.0 -80.0 Operating profit

26. Slide 26: Consolidated Balance Sheet

    Consolidated Balance Sheet $ million 30 June 2014 31 December 2013* ASSETS Non-current assets Property, plant and equipment (net) 5,098.6 4,773.4 Goodwill 996.5 984.3 Investment in associated companies 528.5 525.7 Other investments 50.1 51.0 Deferred tax assets 64.4 67.6 Long - term receivables 72.0

27. Slide 27: Consolidated Balance Sheet

    Consolidated Balance Sheet $ million 30 June 2014 31 December 2013* EQUITY Share capital 272.1 272.1 Share premium 1,441.8 1,441.8 Reserves 89.8 87.6 Retained earnings -40.7 -80.2 Total shareholders' equity 1,763.0 1,721.3 Minority interest in subsidiary companies 380.9 366.3 Total equity 2,143.9 2,

28. Slide 28: Disclaimer

    Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS DOCUMENT IS NOT AN EXTENSION INTO THE UNITED STATES OF THE OFFER MENTIONED BELOW AND IS NOT AN OF

29. Slide 29: Investor relations contact

    For OCI N.V. investor relations enquiries contact: Hans Zayed hans.zayed@oci.nl T +31 (0) 6 18 25 13 67 Erika Wakid erika.wakid@oci.nl T +44 (0) 20 7297 8841 OCI N.V. corporate website: www.ocinv.nl

OCI — Investor Presentation (September 2014) on 6ix