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Second Quarter December 2016 Webcast and Conference Call Participant Dial In Numbers U.S. Toll -Free +1-877-853-5634 International Toll +1-315-625-6893 Conference ID 20859240 HEALTHY ANIMALS. HEALTHY FOOD. HEALTHY WORLD.®February 7, 2017
Webcast and Conference Call
Participant Dial In Numbers
U.S. Toll -Free +1-877-853-5634
International Toll +1-315-625-6893
Conference ID 20859240
HEALTHY ANIMALS. HEALTHY FOOD. HEALTHY WORLD.®February 7, 2017Webcast and Conference Call February 7, 2017
HEALTHY ANIMALS. HEALTHY FOOD. HEALTHY WORLD.®
Cautionary Statement
Forward -Looking Statements
This communication contains forward- looking statements that are subject to risks and uncertainties. All statements other than st atements of historical or
current fact included in this report are forward- looking statements. Forward- looking statements discuss our current expectations and projections relating
to our financial condition, results of operations, plans, objectives, future performance and business. You can identify forward -looking statements by the
fact that they do not relate strictly to historical or current facts. These statements may include words such as “aim,” “anti cipate,” “believe,” “estimate,”
“expect,” “forecast,” “outlook,” “potential,” “project,” “projection,” “plan,” “intend,” “seek,” “believe,” “may,” “could,” “ would,” “will,” “should,” “can,” “can
have,” “likely,” the negatives thereof and other words and terms of similar meaning in connection with any discussion of the timing or nature of future
operating or financial performance or other events. These statements are not guarantees of future performance or actions. If oneor more of these risks or
uncertainties materialize, or if management’s underlying assumptions prove to be incorrect, actual results may differ materially from those contemplated
by a forward- looking statement. Forward- looking statements speak only as of the date on which they are made. Phibro expressly di sclaims any obligation
to update or revise any forward- looking statement, whether as a result of new information, future events or otherwise. A further list and description of
risks, uncertainties and other matters can be found in our Quarterly Report on Form 10- Q and Annual Report on Form 10- K, including in the sections
thereof captioned “Forward- Looking Statements” and “Risk Factors.” These filings and subsequent filings are available online at www.sec.gov ,
www.pahc.com , or on request from Phibro.
Non-GAAP Financial Information
We use non- GAAP financial measures, such as adjusted EBITDA and adjusted net income, to assess and analyze our operational results and trends and
to make financial and operational decisions. Management uses adjusted EBITDA as its primary operating measure. We report adjusted net income to
portray the results of our operations prior to considering certain income statement elements. We believe these non- GAAP financia l measures are also
useful to investors because they provide greater transparency regarding our operating performance. The non- GAAP financial measur es included in this
communication should not be considered alternatives to measurements required by GAAP, such as net income, operating income, and earnings per
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