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Second Quarter 2022 Financial Results Raviv Zoller | President and CEO July 27, 2022
Raviv Zoller | President and CEO
Important legal notes
2Disclaimer and safe harbor for forward -looking statements
This presentation contains statements that constitute forward -looking statements, many of which can be identified by the use of forward -looking words such as anticipate, believe, could, expect,
should, plan, intend, estimate, strive, forecast, target, and potential, among others. Forward -looking statements appear in a n umber of places in this presentation and include, but are not limited
to, our 2022 adjusted EBITDA guidance, statements regarding our intent, belief or current expectations. Forward -looking statements are based on our management ’s beliefs and assumptions and
on information currently available to our management. Such statements are subject to risks and uncertainties, and the actual results may differ materially from those expressed or implied in the
forward -looking statements due to various factors, including, but not limited to :Changes in exchange rates or prices compared to those we are currently experiencing; loss or impairment of
business licenses or mineral extractions permits or concessions; volatility of supply and demand and the impact of competitio n; the difference between actual reserves and our reserve estimates;
natural disasters; global unrest and conflict; failure to harvest salt, which could lead to accumulation at the bottom of eva poration Pond 5 in the Dead Sea; construction of a new pumping station;
disruptions at our seaport shipping facilities or regulatory restrictions affecting our ability to export our products overse as;general market, political or economic conditions in the countries in
which we operate; price increases or shortages with respect to our principal raw materials; delays in the completion of major projects by third party contractors and/or termination of
engagements with contractors and/or governmental obligations; the inflow of significant amounts of water into the Dead Sea co uldadversely affect production at our plants; labor disputes,
slowdowns and strikes involving our employees; pension and health insurance liabilities; the ongoing COVID -19 pandemic, which has impacted, and may continue to impact our sales, operating
results and business operations by disrupting our ability to purchase raw materials, by negatively impacting the demand and p ricing for some of our products, by disrupting our ability to sell
and/or distribute products, impacting customers' ability to pay us for past or future purchases and/or temporarily closing ou r facilities or the facilities of our suppliers or customers and their
contract manufacturers, or restricting our ability to travel to support our sites or our customers around the world; changes to governmental incentive programs or tax benefits, creation of new
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