Icl Group Ltd. · TASE:ICL
Icl — Investor Day (October 2022)
23 slides from Icl's investor day presentation, Oct 25, 2022
Slide 1: Growing Specialties Impact
Growing Specialties Impact Ya n i v K a b a l e k President, Industrial Products October 25, 2022 ICL Investor Day 1
Slide 2: Important legal notes
Important legal notes Disclaimer and safe harbor for forward-looking statements This presentation and/or other oral or written statements made by ICL Group during its presentation, or from time to time, may contain forward-looking statements within the meaning of the United States Private Securities
Slide 3: Market leader - diverse, innovative and growth-oriented
Market leader- diverse, innovative and growth-oriented 2,360 Bromine Solutions Leader 1,617 800 1,193 1,296 1,318 1,255 Over 30% market share, unique resource (Dead Sea) Sales US$M 500 363 405 380 EBITDA 308 US$M Diverse End-Use Markets EBITDA 26% 28% 31% 30% 31% 34% Diversified product portfolio an
Slide 4: EBITDA US$M
EBITDA US$M Previous Actual 2025 Target 2021 $504 $500 $405 LONG TERM CAPACITY FOCUS AGREEMENTS EXPANSIONS ON ASIA 31% 30% 31% margin margin margin 2019 2025 Target 2021 4 Note: Segment EBITDA and EBITDA margin are non-GAAP financial measures; see reconciliation tables in appendix.
Slide 5: Targeting EBITDA growth in 2027
Unique & sustainable Market leader with Innovative Solutions resources diversified portfolio for high growth segments Targeting EBITDA to in 2027 5 Notes: Segment EBITDA is a non-GAAP financial measure; see appendix for further important information about targeted non-GAAP financial measures. Growth
Slide 6: Cost advantage, providing sustainable solutions
Unique & sustainable resources Cost advantage, providing sustainable solutions Bromine concentration (g/L) Industry cost curve “unlimited resource… 10.0-12.0 reserves for more than Relative production cost Djibouti 2000 years” China & Japan India Arkansas, U.S. 4.5-5.5 ICL Jordan 2.5-4.5 0.06-0.11 0
Slide 7: Leading in key markets, leading in capabilities
Market leader with diversified portfolio Leading in key markets, leading in capabilities No.1 No.1 No.1 No.1 Bromine Bromine Bromine and Bromine capacity compounds site phosphorus flame Iso-tank fleet retardants No.1 No.1 No.1 No.1 Magnesia Self-extinguishing Brominated Clear brine for nutraceutical
Slide 8: Diversified end-use markets and product portfolio, with strong customer base
Market leader with diversified portfolio Diversified end-use markets and product portfolio, with strong customer base Electronics EV/ Building & Supplements Energy Agro/Pharma Automotive & Telecom Batteries Construction & Pharma Intermediates 3-4% 21% 3% 5-6% 1-2% 3% 2-3% Industry growth rates 8 Sou
Slide 9: Long term partnerships with customers, optimal long term vs. spot sales
Market leader with diversified portfolio Long term partnerships with customers, optimal long term vs. spot sales Total Bromine Business Sales Long-Term Agreements Spot Sales 30% 30% 43% 57% 70% 70% 9 Note: Amounts shown for 2027 are targets.
Slide 10: Long term partnerships with customers, optimal long term vs. spot sales
Market leader with diversified portfolio Long term partnerships with customers, optimal long term vs. spot sales Total Bromine Business Sales Long-Term Agreements Spot Sales 30% 30% 70% 70% 10 Note: Amounts shown for 2027 are targets.
Slide 11: Targeting EBITDA growth in 2027
Unique & sustainable Market leader wit Mark with h Innovative Solutions resources div diver ersified sified portfol portfolio io for high growth segments Targeting EBITDA to in 2027 11 Notes: Segment EBITDA is a non-GAAP financial measure; see appendix for further important information about targete
Slide 12: Well positioned to capture the EV growth opportunity
Innovative Solutions for high growth Well positioned to capture the EV growth opportunity segments 12
Slide 13: Global forecast of vehicle sales and EV penetration
Innovative Solutions for high growth Well positioned to capture the EV growth opportunity segments Global forecast of vehicle sales and EV penetration 100 60 90 88 87 85 86 85 85 84 51 82 81 79 77 78 45 50 80 Penetration rate (percent) 39 Cars sold (millions) 34 40 60 30 26 30 22 41 40 36 18 32 25 2
Slide 14: Innovative Solutions segments
Innovative Solutions for high growth segments Energy Storage Recycling / Specialties Solutions Urban Mining Minerals Other Solid Energy Textile Li-ion Battery FruitMag CareMag D Gold Bio-Based Electrolyte Storage Recycling Recycling Extraction Materials Liquid LFP TextiMag Other New Electrolyte Batt
Slide 15: EV Batteries / Electrolytes
Innovative Solutions CHALLENGE SOLUTION for high growth segments EV Batteries / Electrolytes Electrolyte Supply Chain EV sales forecasted to reach 35M units by 2030, representing 40% to 45% of total annual vehicle sales Short/mid term – materials for liquid electrolytes in Lithium-ion batteries, pot
Slide 16: Reduce Toxic Materials: FruitMag
Innovative Solutions CHALLENGE SOLUTION for high growth segments Reduce Toxic Materials FruitMag® in Post Harvest Toxic Fungicide such as imazalil and thiabendazole, currently used to protect citrus fruits from decay Food-grade magnesia product can serve as replacement for post-harvest citrus preser
Slide 17: Textile Recycling
Innovative Solutions CHALLENGE SOLUTION for high growth segments Textile Recycling Textile Blends Recycling One of humanities largest sustainability concerns, with +90M tons of waste generated annually No sustainable recycling process exists for PET/cotton blends – major sales potential Patented pro
Slide 18: Urban Mining
Innovative Solutions CHALLENGE SOLUTION for high growth segments Urban Mining Electronic Waste Recycling More than 50M tons of electronic waste generated annually, with total value of $60B Global electronic waste expected to grow 3% to 4% annually Patented, bromine-based process, with external colla
Slide 19: Sales and EBITDA growth to 2027 target
Sales US$M EBITDA US$M Current New Portfolio Applications $120 $40 $40 $100 $800 $500 31% 34% margin margin 2021 Electrical & Building & Other Energy Storage 2027 Target Electronic Construction Solutions & equipment new applications 19 Note: Segment EBITDA and EBITDA margin are non-GAAP financial me
Slide 20: Key takeaways
Updated New 5Y Plan 1 Delivered what was promised in 2020, much sooner than expected. 2 Significant opportunities in EVs, digitalization, telecom and other growing sustainability challenges. 3 Available resources and capabilities to take advantage of opportunities for additional business growth. 4 I
Slide 21: Thank you
ANCL Thank you 806006
Slide 22: Reconciliation tables
Reconciliation tables Industrial Products US$M 2017 2018 2019 2020 2021 TTM Potash US$M 2019 2020 2021 TTM Segment sales $1,193 $1,296 $1,318 $1,255 $1,617 $1,789 Segment sales $1,421 $1,268 $1,776 $2,793 Segment operating income $247 $300 $338 $303 $435 $595 Segment operating income $289 $121 $399
Slide 23: Long-term targets and non-GAAP financial measures
Long-term targets and non-GAAP financial measures Long term targets The company only provides long term targets on a non-GAAP basis. The company does not provide a reconciliation of forward-looking targeted EBITDA (non-GAAP) and targeted Margin EBITDA (non-GAAP) to GAAP net income (loss), due to the