Yara International Asa · OSL:YAR

Yara International Asa — Shareholder Meeting (May 2026)

14 slides from Yara International Asa's shareholder meeting presentation, May 12, 2026

  1. Slide 1: Yara International ASA Annual General Meeting

    Yara International ASA Annual General Meeting 12 May 2026

  2. Slide 2: Cautionary note

    Cautionary note This presentation contains forward-looking information and statements relating to the business, financial performance and results of Yara and/or industry and markets in which it operates. Forward-looking statements are statements that are not historical facts and may be identified by

  3. Slide 3: Safety is our main priority

    Safety is our main priority TRI1 (12-month rolling) 5 4 3 2 1.2 1 0 1Q 2016 1Q 2026 1) Total Recordable Injuries per 1 million working hours. 3

  4. Slide 4: 2025 key elements

    2025 key elements EBITDA excluding special items1 up 37% Sustained strong premiums and successful delivery of > 180 MUSD fixed cost reduction Record-high production and profitable delivery of 2025 emissions target Yara’s global business model uniquely positioned to manage volatility 1) For definitio

  5. Slide 5: EBITDA growth reflects strong operational performance

    EBITDA growth reflects strong operational performance EBITDA excl. special items (MUSD)1 ROIC1 151 -82 560 120 Currency -41 Price/margin +805 Energy cost3 -245 2,803 2,051 2024 Volume/mix2 Margin Fixed Cost4 Other 2025 5.0% 10.7% 1) For definition and reconciliation see APM section in the 4Q report,

  6. Slide 6: Proven track record – during times of volatility

    Proven track record – during Delivering strong returns since IPO times of volatility Indexed share price development 6.1 Total shareholder BUSD distribution since 20201 79% Annualized TSR3 since 2Q 2024 March YARA OSEBX Index May 4th 2004 2026 1) Total of ordinary dividend, extraordinary dividend an

  7. Slide 7: Geopolitical volatility demonstrates the vulnerability of the food supply chain

    Geopolitical volatility demonstrates the vulnerability of the food supply chain Major disruption to global trade… … followed by a structural supply Limited new capacity outside China shock India, Pakistan and 5.8 5.7 Bangladesh: partial Uncertain timing of Total ~1/3 Russian curtailments due to comp

  8. Slide 8: Fixed cost base reduced by > 200 MUSD since 2Q24

    Fixed cost base reduced by > 200 MUSD since 2Q24 Significant, sustainable achievement on cost reductions Continued strict capital discipline MUSD BUSD ~210 MUSD savings 1.2 1.2 2,533 110 -46 1.1 0.1 0.4 1.0 318 0.4 0.3 2,333 2,304 2,350 8 0.3 0.9 0.9 0.8 0.6 L12M Estimated Reduction Currency L12M Ru

  9. Slide 9: Production performance and emission reductions with ~300 MUSD EBITDA impact

    Production performance and emission reductions with ~300 MUSD EBITDA impact All time high finished fertilizer production volumes1; over 200 MUSD impact2 …while reducing emissions and delivering on 2025 target; YIP volumes in mt ~100 MUSD impact3 GHG emissions Intensity (tCO2 /tN) Ammonia Finished Fe

  10. Slide 10: Broadening improvements – committed to 200 MUSD improvement by end 2027 and 350 in 2030

    Broadening improvements – committed to 200 MUSD improvement by end 2027 and 350 in 2030 Operationalized strategic priorities through key improvement levers Targeting EBITDA uplift | MUSD Maximize • Further improved production reliability asset • De-bottlenecking at limited capex utilization • Levera

  11. Slide 11: Strict capital discipline ensuring improvements translate to cash flow and ROIC

    Strict capital discipline ensuring improvements translate to cash flow and ROIC Capital allocation framework, MUSD • Portfolio optimization direct capex towards high Maintenance 700-850 return assets capex MUSD • Ensuring strong cash flow after turnarounds • Prioritization of US ammonia projects Gro

  12. Slide 12: Clear strategic priorities to drive long-term shareholder value

    Clear strategic priorities to drive long-term shareholder value Drive performance and competitiveness Grow from our core Maximize asset utilization Cash realization from recent growth projects Improve profitability in core business Diversify energy position Value growth through Logistical optimizati

  13. Slide 13: Strong value trajectory looking forward

    Strong value trajectory looking forward 2024 2026 2030 >180 MUSD fixed >350 MUSD EBITDA Improved cost reduction improvement production margins Value accretive ammonia > 600 MUSD With high drop-through impact Improve core profitability on EBITDA capacity expansion sustainable cash flow expansion Cont

  14. Slide 14: Thank you!

    Thank you!

Yara International — Shareholder Meeting (May 2026) on 6ix