Decarbonizing Maritime Transport

Capitalizing on the Hydrogen Opportunity OCI OCI's unique strategic geographic and product footprint will drive the hydrogen transformation through value enhancing opportunities to decarbonize food, fuel, and feedstock Focus on value creation and maintaining strong capital discipline when pursuing decarbonization through new strategic initiatives with >12-14% threshold unlevered IRR, with a large proportion of our targets achievable with limited incremental capital spend Leveraging product portfolio and global geographic presence to benefit from demand pull and customer willingness to pay for low carbon food, fuel, and feedstock Accelerated focus on operational excellence to maximize production efficiencies, minimize emissions and waste, and maintain industry leading HSE performance, with >$75 million p.a. of additional EBITDA expected to materialize in the next 3-5 years Commitment to decarbonize with a -20% greenhouse gas intensity reduction target by 2030 using 2019 as a baseline and carbon neutrality by 2050; groupwide target of 25% female senior leadership by 2025 Underpinned by strong governance with incentives tied to ESG and dedicated focus from our Board of Directors through the HSE and Sustainability Committee NASHWAN 24

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