YARA INTERNATIONAL-ADR Business Summary

Yara International ASA (YARIY) is a global leader in crop nutrition and ammonia, generating revenue through the production, distribution, and sale of nitrogen-based fertilizers and industrial nitrogen solutions. The company operates through six primary business segments: Europe, Americas, Africa & Asia, Global Plants and Operational Excellence, Clean Ammonia, and Industrial Solutions. Its business model leverages a flexible global production system to deliver a high-margin portfolio of nitrates, NPK compounds, and specialty products such as YaraVita and YaraAmplix. Yara competes directly with major industry players including Nutrien Ltd., CF Industries Holdings, Inc., and The Mosaic Company. It maintains a premium market position by focusing on agronomic expertise and low-emission ammonia production, distinguishing itself from low-cost commodity producers through its strategic pivot toward decarbonized food and energy value chains. Originally founded in 1905 by Sam Eyde and Kristian Birkeland as Norsk Hydro, the company is currently led by President and CEO Svein Tore Holsether, who has served in the role since 2015 and is a prominent figure in global sustainability initiatives. The executive leadership team includes Magnus Krogh Ankarstrand as EVP & CFO (appointed in 2025), Fernanda Lopes Larsen as EVP Corporate Development, and Johan Labby as EVP Global Production. The Board of Directors is chaired by Helge Lund, the former CEO of Equinor and BG Group, who was elected in May 2026. Yara is significantly backed by the Norwegian government, with the Ministry of Trade, Industry and Fisheries holding a 36.21% stake, alongside major institutional investors like the Government Pension Fund Norway.