Mosaic Company (the) · NYSE:MOS
Mosaic Company (the) — The Mosaic Company — Shareholder Meeting (May 2022)
13 slides from Mosaic Company (the)'s shareholder meeting presentation, May 19, 2022
Slide 1: 2022 Annual Meeting of Stockholders
2022 Annual Meeting of Stockholders May 19, 2022 Greg Ebel, Chair of the Board of Directors | Joc O’Rourke, President and Chief Executive Officer Mark Isaacson, Senior Vice President, General Counsel and Corporate Secretary
Slide 2: Forward Looking Statements & Non-GAAP Financial Measures
Forward Looking Statements & Non-GAAP Financial Measures 2
Slide 3: Mosaic's Performance and Outlook
Vision | Performance Mosaic’s | Results Performance and Outlook Joc O’Rourke Joc O’Rourke President and CEO President and CEO 3
Slide 4: 2021 Results
2021 Results $ in million 2021 2020 • Sustained demand and supply shortfalls in 2021 tightened the 27.6 million 30.5 million market, with geopolitical Sales Volume(1) tonnes tonnes situation in Eastern Europe exacerbating things. Net Sales $12,357 $8,682 • We remained focused on our Net Income $1,63
Slide 5: First Quarter 2022 Results
First Quarter 2022 Results $ in million 1Q 2022 1Q 2021 • Combination of geopolitical and global agricultural 5.6 million 6.6 million dynamics is creating Sales Volume tonnes tonnes significant fertilizer supply shortages globally. Net Sales $3,922 $2,297 • We are taking steps to Net Income $1,182 $
Slide 6: Mosaic's Strategic Priorities
Mosaic’s Strategic Priorities 1 North America Transformation Continue to improve the profitability and competitiveness of Mosaic’s North America business 4 Drive Functional Collaboration and Efficiency Expand impact and effectiveness of functional initiatives 2 South America Growth Engine Transform
Slide 7: Our Commitment
Our Commitment 13 BOLD TARGETS to drive performance in 12 ESG priority areas Community Investments: Focus Areas Food Communities Water The Mosaic Company, The Mosaic Company Foundation and The Mosaic Institute in Brazil 7
Slide 8: Year-Over-Year Price Increases
Year-Over-Year Price Increases Phosphate* Potash* 1,400 1,400 DAP fob NOLA c&f Brazil 1,200 DAP c&f India 1,200 c&f SE Asia $ per tonne $ per tonne MAP fob NOLA 1,000 delivered Cornbelt 1,000 MAP c&f Brazil 800 800 600 600 400 400 200 200 0 Jan-20 Jul-20 Jan-21 Jul-21 Jan-22 Jan-20 Jul-20 Jan-21 Jul
Slide 9: Recognition & Engagement
Recognition & Engagement ROBERT W CAMPBELL Bloomberg Gender-Equality Index GRI Community AWARD. 2021 FTSE4Good mineral WE SUPPORT
Slide 10: 2022 Annual Meeting of Stockholders
2022 Annual Meeting of Stockholders May 19, 2022 Greg Ebel, Chair of the Board of Directors | Joc O’Rourke, President and Chief Executive Officer Mark Isaacson, Senior Vice President, General Counsel and Corporate Secretary
Slide 11: Non-GAAP Reconciliations
Non-GAAP Reconciliations 11
Slide 12: Reconciliation of non-GAAP measures
Reconciliation of non-GAAP measures Consolidated Earnings (in millions) 2021 2020 Consolidated net earnings attributable to Mosaic $1,631 $666 Less: Consolidated interest expense, net (169) (180) Plus: Consolidated depreciation, depletion and amortization 813 846 Plus: Accretion expense 72 66 Plu
Slide 13: Reconciliation of non-GAAP measures
Reconciliation of non-GAAP measures Consolidated Earnings (in millions) Q1 2022 Q1 2021 Consolidated net earnings attributable to Mosaic $1,182 $157 Less: Consolidated interest expense, net (40) (45) Plus: Consolidated depreciation, depletion and amortization 226 209 Plus: Accretion expense 20 17