Yara Capital Markets Day 2026: Driving Resilient Earnings and Sustainable Growth towards 2030

09 Jan 2026 07:00 CET

Oslo, 9 January 2026: Yara, the world-leading crop nutrition and ammonia
company, is driving a fit-for-future business model to seize global
opportunities and deliver solutions to global challenges. At its Capital Markets
Day 2026, Yara presents its core strategic priorities to drive returns and
deliver sustainable growth - today and in the years ahead.

Key Highlights

· Yara targets over USD 600 million in free cash flow[1] expansion from 2024
to 2030, with more than USD 250 million already delivered, and an additional USD
350 million targeted by 203
· Optimizing global assets to boost capital productivity through portfolio
optimization and strict capital reallocation
· Premium product portfolio underpinning resilient earnings, farmer
profitability and sustainability through improved nutrient use efficiency and
reduced environmental impact
· Reaffirming its capital allocation policy, committed to increase shareholder
returns and consistent distributions, with cyclical upside
· Advancing low-cost, low-emission ammonia growth, including a potential US
investment in partnership with Air Products with strong scale benefits and
optimal EBIT[2] profile to drive strong returns

"Yara operates where the world's biggest challenges meet the biggest
opportunities. The need to feed a growing population, improve land use
efficiency, and cutting emissions are influencing regulations, investment flows
and customer demand. As an early mover in prioritized areas, Yara is uniquely
positioned to capitalize on these opportunities and create long-term value for
shareholders, customers, employees and society at large. With a proven business
model delivering strong shareholder returns through scale, operational
efficiency, energy flexibility, and knowledge margin, Yara is positioned for
sustained value creation," says President & CEO of Yara International ASA, Svein
Tore Holsether.

Yara remains committed to delivering long-term value through sustained cash flow
growth and disciplined resource allocation - supported by active portfolio
management and strict capital prioritization. With its resilient, future-ready
business model, Yara is positioned to generate strong shareholder returns today
and in the future.

Yara reaffirms its capital allocation policy, targeting a BBB/Baa2 credit
rating, net debt/EBITDA[3] of 1.5-2.0, and net debt/equity[3] below 0.60. The
company will maintain strict capital discipline, prioritizing US ammonia
development subject to final investment decision. The planned USD 2 billion US
investment fits within Yara's average annual capex level of approximately USD
1.2 billion (real) throughout the cycle, supporting strong free cash flow, a
solid balance sheet, and shareholder distributions in line with policy also
during an investment period.

Yara hosts its Capital Markets Day in Oslo today, starting 09:00 CET.
The webcast and presentation are available at https://www.yara.com/investor
-relations/cmd-2026/

1) Net cash provided by operating activities minus net cash used in investment
activities as presented in the consolidated statement of cash flows
2) Earnings Before Interest and Taxes
3) For definition and reconciliation see APM section in the 3Q 2025 report,
pages 22-29

Contact
Maria Gabrielsen, Investor Relations
M: +47 920 900 93
E: maria.gabrielsen@yara.com

Tonje Næss, Media Relations
M: +47 408 44 647
E: tonje.nass@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

More information:
Access the news on Oslo Bors NewsWeb site

663359_Yara_Capital_Markets_Day_presentation_2026.pdf