Yara International Asa · OSL:YAR

Yara International Asa — Corporate Update (June 2012)

4 slides from Yara International Asa's corporate update, Jun 29, 2012

1. Slide 1: Comments on the investigation

   Comments on the investigation President and CEO Jørgen Ole Haslestad Oslo, 29 June 2012

2. Slide 2: The process so far

   The process so far  April 2011: Due to suspected unacceptable payments in connection with the establishment of Lifeco, Yara launched an investigation headed by the law firm Wiersholm  Yara simultaneously alerted The Norwegian National Authority for Investigation and Prosecution of Economic and Env

3. Slide 3: Zero tolerance of corruption in Yara

   Zero tolerance of corruption in Yara  Payments uncovered are unacceptable under Yara’s internal regulations; Økokrim process will conclude question of corruption  Yara’s Code of Conduct and Ethics Handbook has zero tolerance of corruption  It is disappointing to conclude that unacceptable payment

4. Slide 4: The next steps

   The next steps  All aspects will be taken into consideration and Yara will take action  The former owner of Balderton has been notified that Yara is considering legal action on the basis of the findings from the investigation  Other measures may include legal or other actions related to individua

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