Cf Industries Holdings, Inc. · NYSE:CF
Cf Industries — Merger or Acquisition (August 2015)
18 slides from Cf Industries's merger presentation, Aug 6, 2015
Slide 1: Corporate Presentation, August 2015
Filing pursuant to Rule 425 under the Securities Act of 1933, as amended Deemed filed under Rule 14a-12 under the Securities Exchange Act of 1934, as amended Filer: OCI N.V. Subject Companies: OCI N.V.; CF Industries Holdings, Inc. Form S-4 File Number: [·] 6OCI August N.V. 2015 Corporate Presentati
Slide 2: Transaction Highlights
Transaction Combination Highlights businesses Structure mix Ownership Greg Governance Alan Value Creation from 1•Timing 2acquisition Approximately Combination CF OCI Most New Strong Closing Call Final of will its Heuberger: Heckman: •will option corporation cash of consideration Combination •retaine
Slide 3: OCI Post-Transaction Investment Case Highlights
OCIdebt OCI’s Investment Major Strategy Supported Strong Supports No Significant Sorfert 3Focus Post-Transaction: will N.V. management on transformations balance building at focused continue new improving Post-Transaction remains by the upside Case Highlights track strong investment corporate sheet
Slide 4: History and Value Creation
OCI N.V. 4History and CORPORATE Value Creation OVERVIEW
Slide 5: OCI N.V. History and Portfolio Development
Company Developed 1950—Construction 1996— Portfolio 1999 Cement 2007 Purchased Acquired 2008- Present Started Established 2013— 2014 Construction 2015 Combination 52016 Industries Cement IPO Divestment into Demerger with Natural construction Based Transformation Developed Divested comprised Royal OC
Slide 6: Creating Shareholder Value: OCI's Investment Track Record
Investment Creating OCI’s mtpa –History 6Demerger Cement Ports: Gavilon: Fertilizer OCI under Shareholder Nitrogen Beaumont of held Shareholder (1996 of successful sale & Track construction BOT construction Chemicals: of in –in Record 18.1% 2007): The stake Value 2011 investments acquisitions Value
Slide 7: OCI N.V. Post Transaction
OCI N.V. POST TRANSACTION
Slide 8: Overview of OCI Post-Transaction Assets
Overview OCI Sorfert EFC BIC BioMCN Natgasoline Sorfert: Capable Egyptian 325 Egypt Located Owns 440 Pioneer World-scale Expected 8It will thousand ktpa (60%) Assets N.V. (100%) and Basic be (51%) largest in in of methanol Fertilizers the to (100%) Post-Transaction of is bio-methanol Ain producing P
Slide 9: OCI Post-Transaction Production Facilities
4OCI BioMCN 440 1.55 430 Egyptian Sorfert, Largest Under 1.75 9Natgasoline Operating ktpa N.V. mtpa construction Algeria fertilizer of Fertilizer (Netherlands) Post-Transaction ofmethanol Production –LLC urea 1.26 aerial complex Sorfert 730 mtpa Company 800 site (mothballed) ktpa of Facilities ktpa
Slide 10: Egyptian Operations: Upside Potential
OCIthousand Upside Egypt’s EFC—Overview Two Ammonium 730 EBIC—Overview some Focus Egyptian First Second Positive Expect Significant EFC Blended Formula-based 10 N.V. identical shipments and utilities, on improved Potential floating largest announcements cost EBIC government Improving Post-Transactio
Slide 11: Sorfert Overview
Plant 1.26 production New OCI Strategic Largest Strong 1.4 Running Sorfert contract Significant Rapid 11 million N.V. ownership mtpa facility, Overview deleveraging Cash Ramping ramping benefits building integrated at location Post-Transaction urea complex contributor metric times Flow started and 5
Slide 12: Unlocking Value: BioMCN
Unlocking OCI BioMCN Chemical waste Dutch methanol Strategic –Low Methanol Entry Weaker feedstock 1220%acquired investment into digestion national market European Value Location as Overview is costs Park consumption the Strategic one biomethanol BioMCN biomethanol share Delfzijl, gas plants of cost
Slide 13: Natgasoline Greenfield Construction Progress
Greenfield Natgasoline World OCI Air Agreement Construction Engineering Texas Procurement Permanent Focus 13 Liquide Beaumont Commission for scale rest –construction with Global greenfield LLC more Scheduled of Progress oflong Air 2015 than on E&C Liquide lead will Environmental methanol 70% for has
Slide 14: Listing Information
Listing Information
Slide 15: OCI Listing Information
OCI Listing Headquartered Trading Number $Demerger Market Options Master Following 151.4N.V. bnLimited Information cap: on trading: repayment ofListing of capital shares: Euronext EUR Construction inPartnership Euronext Amsterdam, Information contributions 6.3 210,113,854 ofAmsterdam billion capital
Slide 16: Forward-Looking Statements Disclaimer
Forward Disclaimer Certain certain of intentions. for OCI be ability with result, spin-off documents Annual Readers http://www.sec.gov. forward-looking the more the or customers, proposed if to transactions plans, CF statements Report from are difficult, the Looking achieve Various shareholders orca
Slide 17: Important Disclaimer
IImportant Disclaimer This In mailed AMENDMENTS THEY available) directing Copies Participants OCI, the proxy OCI’s these connection proposed communication the documents statement statement/prospectus/shareholder website WILL to ofnew aCF the and Additional request intransactions. shareholders. CONTA
Slide 18: For corporate enquiries contact
For Hans T OCI +31 OCI N.V. Zayed (0)N.V. corporate 6 18 hans.zayed@oci.nl investor 25 13website: 67relations www.oci.nl enquiries contact:
CF Industries Holdings — Merger or Acquisition (August 2015) on 6ix