OCI N.V. — Capital/Financing Update 2024

Sep 10, 2024

IMMEDIATE RELEASE

Amsterdam, The Netherlands / 10 September 2024

OCI N.V. Announces a Conditional Notice of Redemption of all of its Outstanding USD 288,300,000 4.625% Senior Secured Notes Due 2025 and EUR 360,000,000 3.625% Senior Secured Notes Due 2025

OCI N.V. (Euronext: OCI) today announced that it has given notice (the "Notice") to the holders of its USD 288,300,000 4.625% Senior Secured Notes due 2025 and EUR 360,000,000 3.625% Senior Secured Notes due 2025 (the "Notes") of the conditional redemption of all of the aggregate principal amount of the outstanding Notes.

The redemption date is expected to be October 15, 2024 (the "Redemption Date"). The redemption of the Notes is conditional upon satisfaction of the Condition Precedent (as discussed below).

The redemption price will be 100% of the aggregate principal amount of the Notes outstanding, plus accrued and unpaid interest and Additional Amounts, if any, to, but not including the Redemption Date.

The redemption of the Notes is conditional upon OCI having financing in place in an amount sufficient (as determined by the Issuer in its sole and absolute discretion) to fund the necessary redemption amount on the Redemption Date (the "Condition Precedent").

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ABOUT OCI GLOBAL

We are a global leader in nitrogen, methanol and hydrogen, driving forward the decarbonization of the energy-intensive industries that shape, feed and fuel the world. OCI's production capacity spans four continents and comprises approximately 13.5 million metric tons per year of hydrogen-based products including nitrogen fertilizers, methanol, biofuels, diesel exhaust fluid and melamine. OCI is headquartered in the Netherlands and listed on Euronext in Amsterdam.

Learn more about OCI at www.oci-global.com. You can also follow OCI on LinkedIn.

CONTACT

Sarah Rajani CFA, Vice President Investor Relations & Communications Email: sarah.rajani@oci-global.com