OCI Ramp-Up of Methanol Capacity

OCI ...Leading to Meaningful FCF and Deleveraging Ramp-up in Volumes to Drive Trajectory of Deleveraging EBITDA Expansion Driven by Volume Growth... Volumes (mtpa) Adj. EBITDA ($m) 937.5 466.5 634.3 9.4 7.4 6.1 5.9 x 4.8 4.6 9.1 x (78)% 7.0 x 4.4 x 3.4 x 2.0 x L 2016 2017 2018 H1 2018 H1 2019 2015 2016 2017 2018 Jun-19 Pro Target Forma Leverage 1,131 ...Paired with Decreasing CAPEX requirements... 736 Expected on-going maintenance capex level $180 - 240m from 2019² 293 180-240 147 108 2015 2016 2017 2018 1H 2019 Run-Rate ☐ ☐ Significant step-up of operational cash flows expected from higher volumes as a result of ramp-up to full run rate Low maintenance capex of $180 - 240m per year Following completion of major $5bn+ capex program No remaining material growth capex going forward Significant synergies expected from Fertiglobe ($60-75m) Potential tailwind from higher selling prices 1 Calculated by adding the LTM Adjusted EBITDA for the Company with the pro forma Adjusted EBITDA presented for FERTIL 2 Including Fertiglobe. 8

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