OCI N.V.

Notice of Dividend Amount • Jun 1, 2022

Press Release

Amsterdam, The Netherlands / 31 May 2022

OCI announces timetable for payment of a €1.45 per share cash distribution with respect to the period H2 2021

OCI N.V. (Euronext: OCI) today confirmed a record date of 7 June 2022 for its semi-annual interim cash distribution for the H2 2021 period, following the expiry of a statutory two-month creditor opposition period without any objections. Shareholders of OCI N.V. as of close of trading on 7 June 2022 will receive a cash payment of €1.45 per share on 22 June 2022 following an election period as outlined below.

Going forward, distributions will be made twice per year. As communicated in the Q1 2022 earnings release on 12 May 2022, based on the current outlook for OCI, the cash distribution with respect to H1 2022 is expected to be significantly higher than the €1.45 / share to be paid with respect to the period H2 2021.

Election mechanism

Shareholders who do not wish to receive the cash distribution in the form of a capital repayment can elect to receive a regular dividend in the same amount instead. Shareholders that do not make any election, will automatically receive the distribution as a capital repayment. A choice for one option implies an opt-out of the other option.

Elections must be made during the election period starting on 8 June 2022 and ending on 20 June 2022, and payment will be 22 June 2022.

Timetable for the distribution

	Date
Ex-date	6 June 2022
Record date	7 June 2022
Start election period	8 June 2022
Last day election period	20 June 2022
Payment date	22 June 2022

Press Release

OCI N.V. (Euronext: OCI) is a leading global producer and distributor of hydrogen-based products providing low carbon fertilizers, fuels, and feedstock to agricultural, transportation, and industrial customers around the world. OCI's production capacity spans four continents and comprises approximately 16.3 million metric tons per year of hydrogen-based products including nitrogen fertilizers, methanol, biofuels, diesel exhaust fluid, melamine, and other products. OCI has more than 3,850 employees, is headquartered in the Netherlands and listed on Euronext in Amsterdam.

Learn more about OCI at www.oci.nl. You can also follow OCI on Twitter and LinkedIn.

For additional information contact:

OCI N.V. Investor Relations:

Hans Zayed Director Email: hans.zayed@oci.nl

Tel: +31 (0) 6 18 251 367

For additional information on OCI:

www.oci.nl

OCI stock symbols: OCI / OCI.NA / OCI.AS

Honthorststraat 19 1071 DC Amsterdam The Netherlands