Table of Contents _______________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ FORM 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Com ...

The Mosaic Company (NYSE:MOS) Q3 2019 Results Earnings Conference Call November 5, 2019 9:00 AM ET Company Participants Laura Gagnon - Vice President, Investor Relations Joc O’Rourke - President and CEO Clint Freeland - Senior Vice President and CFO Corrine Ricard - Senior Vice President, Commercial Conference Call Participants Lucas Beaumont - Credit Suisse Adam Samuelson - Goldman Sachs Jonas Oxgaard - Bernstein Mark Connelly - Stephens Incorporated John Roberts - UBS Andrew Wong - RBC Capital Markets PJ ...

Company and Industry Overview * **Company**: The Mosaic Company (NYSE: MOS) * **Industry**: Fertilizer and agricultural products * **Focus**: Largest finished phosphate and potash producer in the world, with a significant presence in the Americas and a focus on premium fertilizer production and distribution. Key Points 1. 2019 Challenges and Outlook * **Challenges**: 2019 has been a challenging year for the agricultural sector, particularly for fertilizers and phosphates, due to weather-related disruptions and lower demand. * **Outlook**: The company believes the current challenges are transitory and not structural, and that the market will eventually rebalance. 2. Business Actions and Initiatives * **Curtailment**: Mosaic announced a curtailment of 500,000 tons of phosphate production to address excess inventory and improve supply/demand balance. * **Brazil Synergies**: The company is confident in achieving its synergy targets in Brazil and has announced the next phase of its business transformation, aiming to improve EBITDA by $200 million over three years. * **Share Buyback**: Mosaic announced a $250 million share buyback program to return capital to shareholders. 3. Financial Projections * **2020**: The company expects a structural improvement of $200 million to $225 million in adjusted EBITDA compared to 2019, driven by various initiatives and operational improvements. * **2021**: The company aims for a $600 million improvement in adjusted EBITDA between 2019 and 2021, with two-thirds of that improvement coming from items within the company's control. 4. Potash Market Dynamics * **Supply**: The company does not anticipate any significant surprises in the potash supply landscape in the near term. * **Demand**: The company is closely monitoring the situation in China, which is a major potash consumer and exporter. * **Inventory**: The company is focused on working through excess inventory in North America to improve supply/demand balance. 5. Brazil Market Positioning * **Advantage**: Mosaic has a commanding lead in Brazil, with significant infrastructure and production assets. * **Strategies**: The company is exploring opportunities to further solidify its position, including expanding distribution, leveraging existing assets, and considering additional M&A or small acquisitions. Additional Notes * The company's K3 mine in Canada is expected to be one of the most efficient potash mines in the world, with significant cost and risk reductions. * The company is also focused on reducing rock costs in its phosphate business through various initiatives and technology advancements.

Table of Contents _______________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ FORM 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commissi ...

Table of Contents _______________________________________________________________________ _______________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ FORM 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF TH ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________ FORM 10-K ______________________________ x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2018 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 001-32327 | --- | --- | |----------------------------------------- ...