Yara International Asa · OSL:YAR
Yara International Asa — Shareholder Meeting (June 2023)
14 slides from Yara International Asa's shareholder meeting presentation, Jun 12, 2023
Slide 1: Yara International ASA Annual General Meeting
Yara International ASA Annual General Meeting Ordinær generalforsamling 12 June 2023
Slide 2: Our ambition is zero injuries
Our ambition is zero injuries TRI1 (12-month rolling) 1.1 People 1) Total Recordable Injuries per 1 million working hours 2
Slide 3: Optimizing Yara operations amid supply disruptions and gas price volatility
Optimizing Yara operations amid supply disruptions and gas price volatility Yara European ammonia capacity vs production overview 1,200 60 1,000 50 European Ammonia production (kt) 800 40 600 30 TTF (USD/MMBtu) 86% 88% 88% 86% 91% 90% 85% 83% 82% 77% 77% 81% 75% 70% 400 20 57% 59% 200 10 0 0 1Q19 2Q
Slide 4: Strong results supported by high selling prices and resilient business model
Strong results supported by high selling prices and resiliant business model EBITDA ex. special items (MUSD)1 ROIC2 4,801 114 148 2,693 2,804 Fixed costs: -191 662 Price/margin: +5,727 Energy cost3:-3,034 2021 Volume/mix Margin Currency translation Other 2022 7.9% 25.7% 1) EBITDA ex. special items.
Slide 5: Cash earnings more than funded higher operating capital and payment of dividends
Cash earnings more than funded higher operating capital and payment of dividends Net interest-bearing debt: 2022 development (MUSD) 3,930 15 1,054 4,077 509 3,206 1,806 Net debt Cash earnings1 Net operating Investments (net) Dividends Other2 Net debt end 2021 capital change end 2022 1) Operating inc
Slide 6: Yara Improvement Program (YIP)
Yara Improvement Program (YIP) 1) Targets and actual volumes adjusted for portfolio changes 2) For a reconciliation of Fixed costs to Operating costs and expenses, see the APM section of the 1Q report, page 33 3) Capex is defined as a cash outflow from investing activities as presented in the cash f
Slide 7: Continued progress towards ambitious 2030 emissions target
Continued progress towards ambitious 2030 emissions target; 2022 figures impacted by lower production Yara’s climate roadmap from 2005 to 2022 Absolute emissions (scope 1+2)1,2, Mton CO2e 32.0 Planet 13.0 18.5 0.5 17.7 17.3 15.9 13.0 2005 Catalyst Energy 2019 installations efficiency 2020 2021 2022
Slide 8: Yara well positioned to meet EU fit-for-55 target
Yara well positioned to meet EU fit-for-55 target Example: Sluiskil Since 1990, Yara has cut 3.4 million tonnes of CO2 emissions from its ammonia and fertilizer production in Sluiskil. 8
Slide 9: GHG reduction investments on track; emission intensity impacted
GHG reduction investments on track; emission intensity impacted by production optimization and reliability performance Emissions intensity GHG reducing investments GHG intensity, kg Co2e/kg N Capex, MUSD Planet 9
Slide 10: Lantmännen and Yara signed world's first contract for fossil free fertilizers
Lantmännen and Yara signed world’s first contract to bring fossil free fertilizers to market last year • First proof point of the viability of green fertilizers1 to the food value chain • Carbon footprint of nitrate-based green fertilizers reduced by 80-90% using renewable energy • With green fertil
Slide 11: Top-quartile employee engagement sustained in 2022
Top-quartile employee engagement People sustained in 2022 Employee engagement1 Diversity, Equity & Inclusion Share of female leaders3 index2 Index Index Percent 1) Measured annually. Employee engagement index is measured through a third-party survey, providing data-driven analysis against internatio
Slide 12: 2022: Yara delivered strong returns and strategic progress
2022: In a challenging operating environment, Yara delivered strong returns and strategic progress Increased return on capital Continuing innovation efforts and Decarbonizing food through Progress towards a potential IPO of ROIC 12M rolling1 expanding the portfolio of growth strategic partnerships a
Slide 13: Yara is playing a leading role in tackling the food crisis and climate change
Yara is playing a leading role in tackling the food crisis and climate change while enabling the energy transition Unique opportunities: Focused strategy: Strong shareholder returns: • Resource and environmental • Driving toward a nature-positive • Strict capital discipline challenges require strong
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