About Yara

2013: Growth in Latin America

Yara finalized the acquisition of Bunge’s fertilizer business in Brazil in August, and in December entered into an agreement to acquire OFD Holding Inc.

Yara has been present in the Brazilian market since 1977, and we made our first investments in local production capacity in 2000. In 2013 we improved our position in this agricultural growth market by acquiring Bunge’s 22 blending units and two SSP (Single Super Phosphate) plants. The acquisition was closed in August 2013 following approval by Brazilian authorities.

Yara also continued its strategic expansion in Latin America by entering into an agreement in December to acquire OFD Holding Inc. (OFD) from Omimex Resources Inc. The company comprises production facilities in Colombia and distribution companies across Latin America; mainly Abocol (Colombia), Misti (Peru), Omagro (Mexico), Fertitec (Costa Rica and Panama), Cafesa (Costa Rica) and Norsa (Bolivia).

The proposed transaction is subject to due diligence and customary approvals, including by competition authorities. Closing is expected to take place during the second quarter of 2014.

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