Yara International (YAR) AGM 2026 presentation summary

Safety and operational performance

• Achieved a reduction in total recordable injuries per million working hours from 1.2 in 2016 to 1.2 in 2026, maintaining safety as a top priority.

• Delivered record-high finished fertilizer production volumes, contributing over $200 million in EBITDA impact.

• Reduced greenhouse gas emissions intensity, meeting the 2025 target and achieving a 10% reduction compared to 2018.

Financial results and cost management

• EBITDA excluding special items increased by 37% in 2025, driven by strong premiums and a $180 million fixed cost reduction.

• Fixed cost base reduced by over $200 million since 2Q24, with continued strict capital discipline and updated savings targets.

• Sustained strong shareholder returns, with $6.1 billion distributed since 2020 and a 79% annualized total shareholder return since 2Q24.

Strategic priorities and growth outlook

• Operationalized strategic priorities to deliver $200 million improvement by 2027 and $350 million by 2030 through asset utilization, logistics, and capital reallocation.

• Focused on maximizing market opportunities, increasing EU market share, and monetizing recent growth investments.

• Committed to strict capital discipline, prioritizing high-return growth projects and portfolio optimization.