Changes to Yara's Group Executive Board

21 Mar 2025 08:00 CET

Oslo, March 21, 2025: Magnus Krogh Ankarstrand is appointed EVP & Chief
Financial Officer at Yara. Ankarstrand has been a member of Yara's Group
Executive Board since 2023 in the position as EVP Corporate Development. He has
previously held positions as CEO Yara Clean Ammonia, SVP Yara North America, CFO
of the Industrial segment and Director of Strategy & Business Development in
Yara.

Thor Giæver is appointed acting EVP Corporate Strategy & Business Development
until August and will thereafter serve as SVP Strategic Advisor to the CEO.
Giæver has served as Yara CFO since 2021.

"I want to thank Thor Giæver for his strong contribution as CFO for almost four
years. With more than 20 years' experience in key roles in Yara, he has deep
knowledge of the company which will come to good use in his new role," says
Svein Tore Holsether, President & CEO of Yara International.

Fernanda Lopes Larsen is appointed EVP Corporate Development. Lopes Larsen has
been a member of Yara's Group Executive Board since 2020 in the position of EVP
Africa & Asia. Lopes Larsen has held several other senior positions since she
joined Yara in 2012. The process to identify Lopes Larsen´s successor as EVP
Africa & Asia has been initiated, and during a transition phase Lopes Larsen
will retain this responsibility until August 2025.

Hanna Opsahl-Ben Ammar is appointed EVP People & External Affairs, Chief of
staff. Opsahl-Ben Ammar joined Yara in 2021, and comes from the role as VP CEO
Office, working closely with the CEO on corporate affairs, strategic
positioning, partnerships and as Company Secretary.

Solveig Hellebust, EVP & Chief HR Officer has decided to leave Yara to pursue
opportunities outside the company. "I want to thank Hellebust for her
significant effort during a time of volatility and rapid change," says
Holsether.

"Amidst a volatile business environment, delivering on the strategy with a
sharpened focus is our main priority. I am pleased to strengthen the Group
Executive Board with Opsahl-Ben Ammar and making use of the extensive experience
held by Lopes Larsen and Ankarstrand in new roles that are key to strategy
execution," says Holsether.

The changes are effective immediately and the Group Executive Board now consists
of;

* Svein Tore Holsether, President & CEO
* Magnus Krogh Ankarstrand, EVP & CFO
* Hanna Opsahl-Ben Ammar, EVP People & External Affairs, Chief of staff
* Fernanda Lopes Larsen, EVP Corporate Development
* Kristine Ryssdal, EVP & General Counsel
* Chrystel Monthean, EVP Yara Americas
* Mónica Andrés Enriquez, EVP Yara Europe
* Open position, EVP Yara Africa & Asia
* Johan Labby, EVP Global Plants & Operational Excellence
* Jorge Noval, EVP & CEO Yara Industrial Solutions
* Thor Giæver, Acting EVP Corporate Strategy & Business Development

Contacts

Investor Relations:
Maria Gabrielsen
M: +47 920 90 093
E: maria.gabrielsen@yara.com (mailto:maria.gabrielsen@yara.com)

Media:
Kristin Nordal
M: +47 900 15 550
E: kristin.nordal@yara.com (mailto:kristin.nordal@yara.com)

About Yara

Yara's mission is to responsibly feed the world and protect the planet. We
pursue a strategy of sustainable value growth through reducing emissions from
crop nutrition production and developing low-emission energy solutions. Yara's
ambition is focused on growing a nature-positive food future that creates value
for our customers, shareholders and society at large and delivers a more
sustainable food value chain.

To drive the green shift in fertilizer production, shipping, and other energy
intensive industries, Yara will produce ammonia with significantly lower
emissions. We provide digital tools for precision farming and work closely with
partners at all levels of the food value chain to share knowledge and promote
more efficient and sustainable solutions.

Founded in 1905 to solve the emerging famine in Europe, Yara has established a
unique position as the industry's only global crop nutrition company. With
17,000 employees and operations in more than 60 countries, sustainability is an
integral part of our business model. In 2024, Yara reported revenues of USD
13.9 billion.

www.yara.com (https://www.yara.com)

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act

More information:
Access the news on Oslo Bors NewsWeb site