Slide 1: Second Quarter 2022 Update and Overview
Second Quarter 2022 Update and Overview July 2022
Slide 2: Important legal notes
Important legal notes Disclaimer and safe harbor for forward-looking statements This presentation contains statements that constitute forward-looking statements, many of which can be identified by the use of forward-looking words such as anticipate, believe, could, expect, should, plan, intend, esti
Slide 3: ICL at a glance
+90 +12k Top Years of Employees Industry leader experience worldwide across mineral portfolio founded in 1929 and in ESG $7B ~$1.7B 8.0% Sales Adjusted EBITDA(1) Dividend yield in 2021 in 2021 as of 6.30.22 (1) EBITDA is a non-GAAP financial measure, see most recent earnings release and 6-K filing f
Slide 4: Significant competitive advantages
Significant competitive advantages Unique Assets Know-how Dead Sea has highest mineral Agronomy, chemistry concentration globally and customer experience accumulated over decades Exclusive producer of Polysulphate Leading R&D capabilities Strategic Locations Startup Nation Competitive logistic advan
Slide 5: Creating impact and sustainable growth
Creating impact and sustainable growth Agriculture Food Industrial • Acquisitions in Brazil • Continued focus on specialties • Shift to long-term providing seasonal balance, growth and innovative new contracts, with investments opportunities for growth products in innovation and growth Advancing thr
Slide 6: Global Reach
Global Reach Percent of 2021 sales of $7B by main geographical area Euro 31% NA 17% Asia Pac 27% SA 19% Sales and marketing Production: significant strategic assets R&D: global reach with local focus RoW 6% 6
Slide 7: Impact as market leaders
Impact as market leaders EBITDA EBITDA Sales 2021 Sales 2Q’22 Global leader 2021(1) 2Q’22(1) • No. 1 in elemental bromine and bromine compounds production globally Industrial Products (IP) $1,617M $500M $486M $206M • Largest western producer of phosphorous-based flame retardants • Global leader with
Slide 8: Industrial Products
Industrial Products Benefitting from higher prices and long-term contracts Sales $2,000 2Q’22 Key highlights US$M $1.6B $1,600 $1.3B $1.3B $1.3B $1,200 $1.0B • All-time record quarterly EBITDA $800 • Prices higher year-over-year $400 $0 • End-market demand mixed 2018 2019 2020 2021 1H'22 • Clear bri
Slide 9: Potash
Potash Continued strength in price and demand 2Q’22 Key highlights Sales $2,400 US$M $1.8B $1.7B • Production records at the Dead Sea $1.7B $1.5B $2,000 $1,600 $1.3B $1,200 • Continued to benefit from operational improvements and $800 efficiencies $400 $0 • Prices higher for both potash and metal ma
Slide 10: Phosphate Solutions
Phosphate Solutions Growth in specialties businesses with commodity upside 2Q’22 Key highlights Sales $2,800 US$M $2.3B $2,400 $2.1B $2.0B $1.8B • All-time record quarterly EBITDA $2,000 $1.7B $1,600 $1,197 $1,358 Specialty $1,200 $1,111 $1,141 $930 • Higher prices and quantities for food and indust
Slide 11: Innovative Ag Solutions
Innovative Ag Solutions Strong organic growth, and outstanding results from Brazilian expansion 2Q’22 Key highlights Sales $2,000 US$M $1.7B $1,600 • All-time record quarterly EBITDA $1.3B $1,200 $1.0B • Brazil expansion strategy delivering synergies and robust results $800 $0.7B $0.7B $400 • Contin
Slide 12: Innovation
Innovation 24 global R&D centers Investing +$60M Translating megatrends 770 granted patents in R&D annually – food and agri tech – +40 external projects into innovation initiatives Innovation ecosystem Internal BIG accelerator ICL Planet Startup targeting core, drove +3.5k ideas and +1k live Hub inv
Slide 13: Sustainability
Sustainability . Emissions TCFD/SASB Disclosure EcoVadis Gold Medal Bloomberg 2022 GEI Significant reduction(1) with Adopted framework for 2021 Top 5% out of 75,000 rated Included for 4th continued progress reporting suppliers straight year YPH China MAALA Year of Sustainability FTSE4Good Granted pr
Slide 14: Capital allocation
Capital allocation Develop Growth Engine Strong Balance Sheet Shareholder Returns • Flexibility to manage and • +$1.3B of immediately • Robust dividend plan opportunistically grow available liquidity • Industry leading dividend yield the business • Fitch and S&P ratings of 8.0%(1) • Support growth t
Slide 15: Why ICL
Why ICL 1 2 3 4 Industry leader More than 90 Agronomy, Strategic global across three years of history chemistry and locations paired integrated leveraging customer with extensive mineral value unique assets requirement distribution and chains know-how logistics network 5 6 7 Disciplined Innovation f
Slide 16: Thank you
Thank you Co n ta c t Pe g g y. Re i l l y T h a r p @ i c l - g r o u p. co m f o r m o r e i n f o r m a t i o n o n I C L View our interactive data tool at https://investors.icl-group.com/interactive-data-tool/default.aspx
Slide 17: Guidance and non-GAAP financial measures
Guidance and non-GAAP financial measures Guidance The company only provides guidance on a non-GAAP basis. The company does not provide a reconciliation of forward-looking adjusted EBITDA (non-GAAP) to GAAP net income (loss), due to the inherent difficulty in forecasting and quantifying certain amoun
Slide 18: Reconciliation tables
Reconciliation tables Calculation of segment EBITDA Industrial Products US$M 1H’22 FY’21 FY’20 FY’19 FY’18 Segment operating income $379 $435 $303 $338 $300 Depreciation and amortization $30 $65 $77 $67 $63 Segment EBITDA $409 $500 $380 $405 $363 Potash US$M 1H’22 FY’21 FY’20 FY’19 FY’18 Segment ope