ICL : Presentation at Jefferies Aerospace & Materials ESG Summit

June 2024

+100

Years of experience

founded in the Dead Sea

$7.5B

FY'23 Sales

~12k

Employees worldwide

$1.8B

FY'23 Adjusted

EBITDA

2 Key Trends

Advancing food security Enabling safe progress

~$6B

Market cap

3.9%

Dividend yield

Market cap as of May 9, 2024. Adjusted EBITDA is a non-GAAP financial measure, see most recent earnings release and 6-K filing for additional details.	2
Dividend yield as of May 2024 and calculated by taking dividend paid over past 12 months and dividing by market value at closing period.

Leading safe progress across four business segments

Industrial Products

Specialties-focused

• Global leader in bromine capacity and compounds
• Flame retardants - #1 in solutions for electronics, including EVs and AI, and construction
• Leader in clear brine fluids for oil and gas industry
• Specialty minerals - for pharma and nutraceuticals

Phosphate Solutions

Specialties-focused

• Global leader in phosphate specialties market
• Only Western producer with presence in China
• Specialty phosphates for various food and industrial applications
• Expanding into battery materials

Growing Solutions

Specialties-focused

• Leading global portfolio of specialty plant nutrition products
• Leadership positions
• • Controlled release fertilizer (CRF) technology
  • Specialty fertilizers in Brazil
  • Professional turf, ornamental and horticulture
  • Fertigation and organic fertilizer solutions

Potash

• Among most competitive potash suppliers globally
• Strategic assets provide efficiencies and flexibility
• Global market share of ~7%

3

Value chain

WPA Building Block of Downstream

Specialty Portfolio

WPA

Phosphate	MGA	4D Acid WPA
Rock

Single Ingredient Phosphate Salts

MSP,MKP,	DSP,DK	TSP,TKP,
MCP,MAP,	P,DCP,
TCP
SALP	DMP
SAPP,	STPP,	TSPP,
CAPP,
KTPP	TKPP
FePP

STMP SHMP LFP

Multicomponent Blends

Combine

Phosphate

+

Other Food

Ingredients

Starches, Spices,

Proteins, Gums,

Colors, Stabilizers

	Locations: Germany, U.S. (3 sites),	Locations: U.S. (2 sites), Germany,
Locations: U.S., Israel, Brazil, China	Brazil, China (2 sites)	Brazil, UK, Australia, Argentina, China

4

ICL focus areas

Anode Electrical Contact

Anode (-)

Polymer Separator

Cathode (+)

Cathode Electrical Contact

Liquid Electrolyte: LiPF6

• Li2CO3
• PCl3/ PCl5
• AHF

Type of cathode: LFP (LiFePO4)

• Li2CO3
• H3PO4 / H3PO3 or MAP
• Iron

Next generation solid electrolyte:

• Sulfide tech - LiBr based
• Oxide tech
• Polymer tech

IP Conference 2022	5

Energy storage and EVs

North American LFP CAM demand		WPA demand
'000s mt									'000s mt P2O5
			Auto		ESS		Other (1)	589
						403
	133			227
29
2022	2024			2026	2029	2030	2020	2021	2022	2023	2024	2025	2026	2027	2028
Technical MAP demand						Global LFP phosphate demand
'000s mt									'000s mt P2O5

2020	2021	2022	2023	2024	2025	2026	2027	2028	2020	2021	2022	2023	2024	2025	2026	2027	2028
(1) Includes eShips, consumer electronics, low-speed electric vehicles (LSEV), electric vertical take-off and landing (eVTOL), and two-wheelers.
Sources: NA LFP CAM demand - IHS, SMM, WoodMac, interviews with market participants, and Roland Berger, as of December 2023. Phosphate demand for battery sector - CRU, 2024 forecast.	6

Thank you

C o n t a c t P e g g y . R e i l l y T h a r p @ i c l - g r o u p . c o m f o r m o r e i n f o r m a t i o n o n I C L

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