Oslo,  30 June 2022: Today, Yara International ASA  ("Yara") will host a Capital
Markets  Day ("CMD") for Yara Clean Ammonia ("YCA" or the "Company"). During the
event,  members  of  YCA's  management  team  will  present  key features of the
Company,  including  its  strategy  and  growth  ambitions, as well as financial
parameters and targets for the future.

In  May 2022, Yara  announced that  it is  evaluating a potential initial public
offering  ("IPO") of YCA on the Oslo Stock Exchange. "While the decision to list
YCA will be made in due course, Yara is now excited to host an inaugural CMD for
YCA  to  showcase  their  exciting  story,"  said  Svein Tore Holsether, CEO and
President  of Yara. "YCA combines a  leading midstream business with exceptional
growth prospects and a value creating project portfolio."

Key highlights:

  * Clean ammonia represents a massive opportunity that is projected to drive
    exponential, long-term market growth [1].
  * YCA comprises existing cash flows from a market leading position [2] in a
    market expected to grow significantly [1], combined with an attractive
    project portfolio with future cash flow potential.
  * YCA is the #1 global ammonia midstream platform [2] with significant
    barriers to challenge YCA.
  * Strategic ambition to leverage and scale the current platform to capture a
    leading market share across the clean ammonia value chain.
  * The scalability of YCA's integrated ammonia platform provides a strong
    starting point for mid and downstream expansion.
  * Future clean ammonia production is supported by an attractive project
    portfolio, with significant investment decisions targeted over the next
    three years.
  * YCA's ambitious growth plan is expected to underpin profitable growth as
    clean ammonia market growth accelerates.
  * YCA benefits from a solid balance sheet and aims to establish a standalone
    capital structure that is independent from Yara.


Highly  attractive market opportunity. YCA, with its presence across the ammonia
value chain, is uniquely positioned to enable an energy transition where ammonia
is  expected to play a key  role in decarbonizing hard-to-abate sectors. Ammonia
is  expected  to  represent  a  superior  low-carbon  solution  in  four sizable
segments:  shipping  fuel,  power  generation,  agriculture,  and  as a hydrogen
carrier.  New applications  are projected  to be  exclusively supplied  by clean
ammonia  (i.e. blue and  green ammonia). Virtually  all clean ammonia volumes in
new   applications   are  likely  to  be  internationally  traded,  underpinning
exponential growth in the traded ammonia market, from 18 million tonnes in 2021
to a forecasted 238 million tonnes by 2050 [1].

Unrivalled starting point. YCA aims to leverage its competitive edge to enable a
complex  energy  transition,  connecting  upstream  projects  with  new customer
applications.   The   Company's   competitive   edge   is  based  on  three  key
differentiators that set YCA apart. First, YCA is the clear #1 player across the
global  ammonia value chain, based on its  market share in traded ammonia. YCA's
integrated  and  asset-backed  platform  offers  significant  scale  factors and
flexibility  related to  terminals [3]  and ammonia  vessels. Active  across the
value  chain from sourcing  to sales, the  Company has >20%  market share [2] in
traded  ammonia. Second,  YCA benefits  from a  multi-decade track record, and a
growth  plan based  on attractive  projects with  future cashflows, supported by
existing  earnings and  cash flows  from a  growing core business. The Company's
Earnings  Before Interest, Taxes, Depreciation,  and Amortization ("EBITDA") for
the  last  12 months  was  USD  159 million  as  per  Q1 2022 [4]. Third, strong
synergies and long-term backing from Yara underpin YCA's scale, integration, and
global  presence.  YCA  will  retain  its  interconnected  and  integral role in
handling  all ammonia from Yara's production system in order to optimize ammonia
flows to and from Yara plants.

Clear  strategic  ambition.  "From  this  position  of  strength,  YCA  aims  to
significantly  scale its leading global position  as the world's largest ammonia
platform,  driving the development of clean ammonia globally," said Magnus Krogh
Ankarstrand,  CEO of  YCA. "Bold,  long-term, trusted,  and reliable