Investor Presentaiton

AICL Transaction Overview Acquired Assets 1 50% JV in a fully vertically integrated phosphate business including a world scale phosphate rock mine and downstream operations A 15% stake in Yunnan Yuntianhua Co. Ltd., China's leading producer of phosphate rock and fertilizers Funding Cash on balance sheet Governance Closing ICL 2 15.0% Public Shareholders 39.3% YTH Group 45.7% • ■ ICL will appoint: The JV's CEO, COO and VP Sales Two of the JV's Board Members, including its Chairman, thus obtaining majority vote In addition, ICL will appoint One VP at Yunnan Yuntianhua, as well as a VP at two of its subsidiaries Two of Yunnan Yuntianhua Board Members ICL to provide expertise, know-how and human resources for a newly created "Phosphate Committee” designed to optimize operations, commercial activities and financial structure ICL will merge its other phosphate businesses in China into the JV, which will be transformed into a fully operating business unit, including product development, production and sales & marketing The transaction is expected to close in Q1 2016, subject to closing conditions and regulatory approvals from the relevant Chinese authorities Final valuation will be confirmed during the approval process in China Yunnan Yuntianhua 1 50.0% 50.0% JV Haiko Phosphate Mine Assets 100.0% • World scale phosphate rock mine with ~100mT reserves Capacity of 2.5mT p.a. • Integrated Phosphate Operations (by Production Capacity) . Fertilizers - 850kT p.a. . Phosphoric acid - 700kT p.a. Specialty fertilizers - 115kT p.a. • Specialty phosphates - 65kT p.a. • Purified phosphoric acid - 60kT p.a. Where needs take us 4

View entire presentation