OCI N.V. — Proxy Solicitation & Information Statement 2024

Mar 15, 2024

Amsterdam, The Netherlands / 14 March 2024

OCI Global Announces Convocation of EGM

OCI Global (Euronext: OCI), a global producer and distributor of hydrogen products providing fertilizers, fuels, and feedstock to agricultural, transportation, and industrial customers around the world, today convened an extraordinary shareholders meeting (EGM) to be held on 25 April 2024.

The purpose of the EGM is to request shareholder approval for (i) the divestment of OCI's entire equity stake of 50% plus 1 share in the share capital of Fertiglobe Plc to Abu Dhabi National Oil Company P.J.S.C. (ADNOC) through its wholly-owned subsidiary, ADNOC Fertilisers (the "Transaction"); and (ii) the payment of an interim cash distribution of EUR 4.50 per share, subject to the completion of the Transaction, through a repayment of capital or, at the election of the shareholder, as a regular dividend. This will result in a distribution to shareholders scheduled for July 2024, subject to a statutory two-month creditor opposition period.

The Board unanimously supports the Transaction, including the capital repayment. The convening notice and other materials regarding the EGM are available at www.oci-global.com.

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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 16.8 million metric tons per year of hydrogen-based products including nitrogen fertilizers, methanol, biofuels, diesel exhaust fluid and melamine. OCI has more than 4,000 employees, 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