OCI Ramp-Up of Methanol Capacity

Favourable Positions on the Global Cost Curve for Fertilizers... Urea global export cost curve (2019) IFCO well-positioned on the cost curve² 300 Total ocean/rail freight¹ cfr urea costs, 2019 basis ($/t) Urea ($/short ton) 250 Cost to FOB/FOT ExW cost Fertiglobe 160 200 150 100 50- 0 T 02 46 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 Million tons 80 60 40 20 ༄ ༔ ཎྜ ཎྜ ྂ ་ྒུ ཀྵུ ° 140 120 100 Russia Trinidad Donaldsonville, LA OCI IOWA FERTILIZER Ex-works production cost Freight to Midwest OCI Competitive energy efficiency of European ammonia plants³ (GJ/mt NH3 LHV) 1st Quartile 2nd I Quartile 3rd Quartile¦ Quartile I 39-49 36-38 I 33-35 31 32 OCI OCI NITROGEN NITROGEN Source: Integer, Company information, peer public filings, broker estimates, IFA, Argus 1 Weighted average of top three global export destinations 2 Charts reflect ex-works and do not include transport benefit to customer or benefit of Midwest premium Key Cost Items Location is key as freight increases cost: OCI benefits from well-positioned locations across its platform with proximity to end users Fertiglobe has significant competitive advantage as result of long-term fixed gas supply agreements Strategic locations with access to key ports on the Mediterranean, Red Sea and Arabian Gulf As a new greenfield facility, IFCO has lower energy costs than average for US plants and is positioned in the lowest quartile of global cost curves - High netbacks supported by IFCo's strategic location in the US MidWest OCI Nitrogen is in top quartile plant on a gas to ammonia conversion efficiency perspective compared to European peers as a result of significant investment by OCI 3 Based on IFA report published in March 2016 for operating years 2013-2014. OCI Nitrogen's two ammonia lines are represented 11

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