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Investor Presentaiton

Segmental Details: Fertilizers Analysis of production & selling prices Production: Production increased by 34% compared to 2019, as result of additional volumes being added, amid acquisition of 25% stake in Qafco with effect from 01 Jan 2020; ■ Q4-20 production increased by 8% compared to Q3-20 due to improved operating rates. Selling Prices: Prices down by 6% compared to 2019, due to weaker demand outweighed the gradual easing of supply side bottlenecks. Prices increased by 4% in Q4-20, compared to the Q3-20, against a backdrop of limited supply in China due to winter supply cuts, as well as, a potential demand pick-up in the US ahead of the spring season and an overall demand from India. Production (000's MT) +34% Prices ($ / MT) 28 9,687 259 -6% 243 Q4 2,450 Q4 238 7,238 Q4 254 Q4 1,921 Q3 2,263 Q3 268 Q3 244 Q3 1,868 Q2 2,419 Q2 257 Q2 229 Q2 1,646 Q1 2,556 Q1 277 Q1 1,804 Q1 235 2019 2020 2019 2020 Note: Quarterly figures for the year 2020 have been restated to show the effects of acquisition of Qafco's 25% stake retrospectively, with effect from 01 January 2020. Industries Qatar, IR Presentation, YE 2020
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