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Investor Presentaiton

AICL Yunnan Yuntianhua at a Glance Company Snapshot China's leading producer of phosphate rock and fertilizers with approximately $9 billion in annual revenues (1) China's second largest chemicals manufacturer Operates across 5 segments - Phosphate Fertilizer, Phosphate Rock Mining and Dressing, Nitrogen Fertilizer, Engineered Materials and Trade and Commerce Majority of revenues and gross profit are derived from the phosphate value chain (including phosphate rock, phosphate fertilizer and related trading) • Majority of fertilizer operations and rock located in Yunnan Province close to Kunming province capital and largest city - • Yunnan Yuntianhua's overall proven phosphate reserves estimated at more than 600 million tons of phosphate rock Extensive distribution networks through own subsidiaries and franchised stores/ distributors Location of Production Facilities Business Mix Revenues(1) Engineered Nitrogen Materials Fertilizer Trade (Others) 11% 2% 5% Phosphate Fertilizer, Phosphate Trade & Logistics Revenue RMB55.9bn $9.2bn Rock 43% (Grain) 23% Trade (Phosphate Fertilizer) 16% Gross Profit (1,2) The phosphate value chain accounts for ~60% of total revenue Kunming Beihai port Nitrogen Trade Fertilizer (Others) 11% 3% Trade (Grain) 11% Trade (Phosphate Fertilizer) 4% Gross Profit RMB7.2bn $1.2bn Kunming "Beihai port ☐ ப Multiple sites (<100km apart) in Yunnan Province near Kunming Distance to closest port (Beihai) is ~1,000km Own logistics (train) network The phosphate value chain accounts for ~75% of total gross profit 1. Yunnan Yuntianhua data for 2013, net of intersegment sales, based on a 6.1RMB/$ exchange rate. 2. Excluding Engineering Products segment - gross profit of RMB (24.6)mn, representing <1% of total gross profit. Where needs take us Phosphate Fertilizer, Phosphate Rock 71% 6
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