Danakali ESG Framework

Binding offtake provides cash flow certainty EuroChem will take, pay, market and distribute up to 100% of Colluli Module I SOP production¹ CMSC has the option to retain and sell up to 13% through alternative sales channels EUROCHEM • 10 year term with 3 year extension option¹ • Leading global fertiliser producer² Integrated mining, fertiliser production, logistics and distribution² • CY2019 revenue of US$6.1Bn and EBITDA of US$1.55Bn² Offtake is critical for lenders and underpinned senior debt facilities First long term take or pay SOP contract in the world to be executed Highly competitive process for EuroChem to win offtake agreement Secured 472ktpa of SOP 1 DNK announcement, 12-Jun-18 2 Eurochem 2019 Annual Report DANAKALI Danakali's Chairman and Chief Executive Officer visited EuroChem's Antwerp, Belgium fertiliser production facility

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