Decarbonizing Maritime Transport

OCI will capture the transition potential with numerous key initiatives underway Strategic partnerships with industry leaders on announced projects in Europe, and lower carbon projects being developed across our global asset base ESSAR OIL UK > AnQore ExonMobil Bio-fuels and bio-feedstocks OCI produces bio-methanol and low carbon ammonia from biogas. Supply agreements of biofuel blends with Essar Oil and Exxon Mobil UK entities #1 Bio-methanol Producer Bio-methanol has 60% GHG savings potential vs petrol/ gasoline and is a 2nd generation biofuel FUREC RWE Waste-to-Hydrogen¹ Partnership with RWE to purchase green and circular hydrogen from mixed waste gasification at minimal investment for OCI Hydrogen will replace 20% of the fossil- based natural gas intake in OCI Nitrogen's ammonia plants Target to be operational by 2024 ~380 KTPA CO₂ total abatement identified in the broader value chain, of which 160 KTPA at OCI Nitrogen Technology is up-scalable N RWE Renewable methanol from green hydrogen¹ 1. Partnership with Nouryon to produce green hydrogen through offtake produced with 20MW electrolyser and can be scaled up to 60MW in the future 2. Partnership with RWE to produce green hydrogen through offtake produced with a 50MW electrolyser with direct connection to RWE's Westereems wind farm Target to be operational by 2024 ~45 KTPA CO₂ phase 1 abatement at BioMCN Up-scalable in multiple phases OCI NITROGEN Carbon Capture and Storage (CCS) Various CCS projects in development in the Netherlands, US and MENA The blue hydrogen pathway is a cost- effective decarbonization opportunity, pending carbon prices and subsidies In the Netherlands, CO2 emissions from the ammonia production process to be captured and stored under the North Sea ~485 KTPA CO2 abatement potential at OCI Nitrogen OCI Subject 1Subject to supportive subsidies and definitive documentation 29

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