Second Quarter 2022 Financial Results Raviv Zoller | President and CEO July 27, 2022 Important legal notes Disclaimer and safe harbor for forward-looking statements 2 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, estimate, strive, forecast, target, and potential, among others. Forward-looking statements appear in a number of places in this ...

Financial Data and Key Metrics Changes - ICL Group reported record sales exceeding $2.5 billion, an increase of over $1 billion year-over-year, and adjusted EBITDA crossed $1 billion, marking an all-time record [8][10] - Adjusted operating income rose to $880 million, up more than 370%, with an adjusted operating margin of 34.9%, significantly up from 12.3% in the same quarter last year [39] - Adjusted net income attributable to shareholders was $613 million, up more than 350% year-over-year, with adjusted diluted earnings per share of $0.48, an increase of $0.37 [39][40] Business Line Data and Key Metrics Changes - **Industrial Products**: Sales reached $494 million, up 24%, with record EBITDA of $203 million, up 66% year-over-year [15] - **Potash**: Sales were $795 million, up over 120% year-over-year, with EBITDA of $450 million, up 626% [18] - **Phosphate Solutions**: Sales of $798 million were up nearly 60% year-over-year, with EBITDA of $247 million, up more than 160% [24] - **Innovative Ag Solutions**: Sales hit an all-time high of $566 million, up nearly 70%, with EBITDA of $110 million, also an all-time record, up more than 230% [27] Market Data and Key Metrics Changes - The company noted strong demand and higher prices across most markets, driven by global disruptions including the pandemic and the conflict in Ukraine [10][40] - Potash prices increased significantly due to sanctions on Belarus and the conflict in Ukraine, with average realized prices expected to be around $760 per ton in Q2 [69][70] - Concerns about global food security were highlighted, with prices for key crops like corn and wheat rising due to tight supply [20] Company Strategy and Development Direction - ICL Group remains focused on its specialty strategy, aiming for long-term growth despite commodity price fluctuations [7][35] - The company plans to continue optimizing customer and supplier relationships while managing high raw material costs and supply chain challenges [11][44] - Investments in research and development are prioritized to innovate and expand the specialty product portfolio [36] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the ongoing global uncertainty, including inflation and supply chain disruptions, particularly due to the situation in Ukraine and COVID-related shutdowns in China [40][41] - The company expects continued strong performance in the second quarter, with potash and phosphate prices anticipated to remain high [35][80] - Management emphasized the importance of maintaining long-term customer relationships to drive business growth [36] Other Important Information - ICL's dividend payout ratio of up to 50% of annual adjusted net income resulted in a dividend of $23.83 per share, up more than 350% from the previous year [12] - The company achieved a net debt to EBITDA ratio improvement to 1x from 2.4x year-over-year, reflecting strong cash flow generation [49] Q&A Session Summary Question: Margin sustainability in industrial products - Management indicated that margins are expected to remain stable due to long-term contracts with annual price updates [57] Question: Volume outlook in the industrial products division - Management noted that production limitations in China affected volumes but expected quantities to stabilize in the second quarter [60] Question: Breakdown of EBITDA increase for 2022 - Management clarified that approximately 60% to 65% of the $2 billion EBITDA increase is attributed to potash prices, with the remainder from other businesses [72] Question: Potash price outlook and demand - Management expressed that while there may be short-term demand destruction, the overall market remains undersupplied, supporting price stability [75][80] Question: M&A landscape and opportunities - Management is optimistic about potential M&A opportunities as valuations may rationalize, allowing for strategic acquisitions [85] Question: Expectations for Boulby operations - Management expects stable production at Boulby, with continued profitability driven by high-quality organic product positioning [94] Question: Allocation of excess capital - Management plans to allocate excess capital towards dividends, M&A opportunities, and maintaining reserves for strategic advantages [101][102]

First Quarter 2022 Financial Results Raviv Zoller | President and CEO May 11, 2022 Important legal notes Disclaimer and safe harbor for forward-looking statements 2 The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in ICL Group Ltd. (ICL Group or company) securities or in any securities of its affiliates or subsidiaries. This presentation and/or ot ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1 ...

Fourth Quarter 2021 Financial Results R a v i v Z o l l e r President and CEO February 9, 2022 Important legal notes Disclaimer and safe harbor for forward-looking statements The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in ICL Group Ltd. (ICL Group or company) securities or in any securities of its affiliates or subsidiaries. This presentation ...

ICL Group Ltd. (NYSE:ICL) Q4 2021 Earnings Conference Call February 9, 2022 8:30 AM ET Company Participants Raviv Zoller – Chief Executive Officer Aviram Lahav – chief financial officer Conference Call Participants Bria Murphy – BMO Capital Alex Jones – Bank of America Mubasher Chaudhry – Citi Geoff Haire – UBS Duffy Fischer – Barclays Laurence Alexander – Jefferies Will Tang – Morgan Stanley Operator Ladies and gentlemen, thank you for standing by, and welcome to the ICL Analyst’s Conference Call. Our pres ...

Third Quarter 2021 Financial Results Raviv Zoller President and CEO November 4, 2021 Important legal notes Disclaimer and safe harbor for forward-looking statements The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in ICL Group Ltd. (ICL Group or company) securities or in any securities of its affiliates or subsidiaries. This presentation and/or ot ...

ICL Group Ltd (NYSE:ICL) Q3 2021 Earnings Conference Call November 4, 2021 8:30 AM ET Company Participants Peggy Reilly Tharp - VP, Global Investor Relations Raviv Zoller - President & CEO Kobi Altman - CFO Conference Call Participants Alexander Jones - BofA Securities Alex Chen - BMO Capital Markets Mubasher Chaudhry - Citigroup William Tang - Morgan Stanley Anne-Mette De Place Filippini - Burgundy Asset Management Geoffrey Haire - UBS Operator Ladies and gentlemen, thank you for standing by and welcome to ...

Second Quarter 2021 Financial Results Raviv Zoller President and CEO July 28, 2021 Important legal notes Disclaimer and safe harbor for forward-looking statements The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in ICL Group Ltd. (ICL Group or company) securities or in any securities of its affiliates or subsidiaries. This presentation and/or othe ...

Financial Data and Key Metrics Changes - The company reported sales of $1.6 billion in Q2 2021, up more than 30% year-over-year, with adjusted EBITDA of $351 million, an increase of over 40% compared to the prior year [11][12] - Operating cash flow was $242 million, up $65 million year-over-year, and free cash flow reached $94 million, up more than 350% [12][26] - The net debt-to-EBITDA ratio improved to 2.1x from 2.4x in the previous quarter [27] Business Line Data and Key Metrics Changes - Industrial Products achieved record quarterly sales of $410 million, up 44% year-over-year, with record EBITDA of $128 million, an increase of 45% [13] - Potash sales were $412 million, up 21% year-over-year, with EBITDA of $85 million, up 6% [17] - Phosphate Solutions reported sales of $623 million, up more than 40% year-over-year, with EBITDA of $134 million, an increase of nearly 125% [19] - Innovative Ag Solutions saw total sales of $237 million, up 20% year-over-year, with record EBITDA of $27 million [21] Market Data and Key Metrics Changes - The company noted strong demand across all markets, particularly in bromine and phosphorus-based products, driven by various end markets including electronics and automotive [13][14] - The potash market remained positive with prices increasing across all key markets, benefiting from strong global demand [17] - Phosphate prices continued to improve, with significant growth in the white phosphoric acid business, especially in South America [20] Company Strategy and Development Direction - The company aims to expand its specialty businesses while leveraging commodity price increases, focusing on long-term growth and sustainability [23] - The acquisition of Compass Minerals' South American Plant Nutrition business is expected to enhance the company's leadership in specialty plant nutrition and provide seasonal balance between hemispheres [22] - The company is committed to achieving its 2025 goals in sustainable agriculture, food, and industrial solutions through expansion and innovation [23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving strategic goals, citing strong results driven by specialty businesses and commodity price increases [6][11] - The company anticipates continued strength in all business segments, with a focus on value over volume in Industrial Products [23] - Management acknowledged challenges from higher input and logistics costs but remains optimistic about future profitability [14][29] Other Important Information - The company is adopting frameworks for climate-related risk disclosure and aims to become carbon neutral by 2050 [31] - The company reaffirmed its investment-grade credit ratings, highlighting strong business profiles and liquidity [28] Q&A Session Summary Question: Potash price assumptions in guidance - Management indicated that the realized price for Q3 is expected to be about $297 compared to $251 in Q2 [36] Question: Cost side issues in potash - Management noted that higher freight and energy costs were the main contributors to increased costs, with no other significant issues [36] Question: Pricing benefits from the Chinese market - Management clarified that 90% of their business is based on compounds, so any normalization in the Chinese market would have minimal impact on results [37] Question: Raw material costs and volume impact - Management confirmed that raw material issues mainly affected the phosphate and Industrial Products divisions, but they have managed to pass on cost increases to customers [39][40] Question: Contribution from Compass Minerals - Management modeled a $45 million adjusted EBITDA contribution from Compass for the second half of the year [42] Question: ESG targets and management compensation - Management confirmed that ESG targets are linked to management compensation, with specific KPIs included in the bonus structure [42] Question: Potash inventory strategy - Management stated they do not intend to hold inventory due to attractive pricing and excess demand [49] Question: Phosphate market outlook - Management expressed uncertainty about peak pricing but noted that prices are currently high and demand remains strong [52] Question: Capacity curtailment due to raw materials - Management estimated a missed opportunity in sales of around $40 million due to raw material constraints [51] Question: Production and profitability of polysulphate - Management reported a loss in the polysulphate business but is optimistic about ramping up production and improving pricing [48]