Investor Presentation

March, 2015

Safe Harbor

All statements in this communication, other than those relating to historical facts, are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements and projections are not guarantees of future performance and are subject to a number of assumptions, risks, projections and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from such statements or projections. Important factors that could cause actual results to differ materially from our expectations include, among others: loss or impairment of business licenses or mining permits or concessions; natural disasters; failure to raise the water level in evaporation Pond 5 in the Dead Sea; accidents or disruptions at our seaport shipping facilities or regulatory restrictions affecting our ability to export our products overseas; labor disputes, slowdowns and strikes involving our employees; currency rate fluctuations; rising interest rates; general market, political or economic conditions in the countries in which we operate; pension and health insurance liabilities; price increases or shortages with respect to our principal raw materials; volatility of supply and demand and the impact of competition; changes to laws or regulations (including environmental protection and safety and tax laws or regulations), or the application or interpretation of such laws or regulations; government examinations or investigations; the difference between actual reserves and our reserve estimates; failure to integrate or realize expected benefits from acquisitions and joint ventures; volatility or crises in the financial markets; cyclicality of our businesses; changes in demand for our fertilizer products due to a decline in agricultural product prices, lack of available credit, weather conditions, government policies or other factors beyond our control; decreases in demand for bromine-based products and other industrial products; litigation, arbitration and regulatory proceedings; and war or acts of terror. More detailed information about factors that may affect our performance may be found in “Risk Factors” in our registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission on September 22, 2014. Forward-looking statements and projections represent our views and are given only as of the date of this communication and we disclaim any obligation to update or revise them, whether as a result of new information, future events or otherwise, except as required by law.

This presentation includes certain non-GAAP financial measures as defined by SEC rules. We have provided a reconciliation of those measures to the most directly comparable IFRS measures, which is available in the Appendix.

2

Unique Business Model Supports Strong Cash Flow Generation & Return of Capital to Shareholders

Unique Portfolio of Mineral Assets

Fully Integrated and Diversified Value

Chain

Leading Positions in Concentrated Global Markets with Strong Fundamentals

Negev Desert, Yunnan*

U.K. / Spain Mines

Dead Sea

Fertilizers

Industrial Products

Performance Products

Min

ing

Ch

em

istr

y

Form

ula

tio

n

Potash

Bromine

Polyhalite

Potash

Phosphate

Magnesium

Agriculture

Processed Food

Engineered Materials

Global Opportunities

Potash

Phosphate

3

52%*

31%

8%

* Based on full year 2014 external sales

67%*

15%*

18%*

* Based on full year 2014

EBITDA

Efficiency improvements of $350M by the end of 2016 Growth opportunities

*subject to deal closure

Integrated Value Chains Provide Significant Synergies and Logistics Advantages

4

The Negev

Desert - Israel

Phosphate Fertilizers

Fertilizer Grade

Phosphoric Acid

Food Grade

Phosphoric Acid

Salt (NaCl)

Phosphate Salts

Pure Magnesium

Magnesium Alloys

Compound Fertilizers

Salt (NaCl)

Potash

Specialty Fertilizers

Chlorine based Biocides

Bromine Compounds

Magnesium

Chloride

Solution

Magnesium

Chloride

Raw Materials

Potash

Potash Mines -

UK & Spain Sylvanite

Crude

Magnesium

Fertilizers Industrial Products Performance Products DSM Product Sold

End Brine

Elemental

Bromine

Phosphate

Rock

Chlorine

Elemental

Phosphorus

Special

Grade Acid

OPFRs & Others

Magnesia

Products (MgO)

Source Major Intermediate & Finished Products

Wildfire Extinguishers

Food Additives

Phosphorus ( Penta)

Sulfide

Polysulphate

Carnallite

PCL3 POCL3

The Dead Sea -

Israel

Global Potash Assets to Support Growth

5

ICL IBERIA

ICL UK

Potash Cash Cost Curve – FOB $ / Tonne, Excluding Royalties*

ICL AFRICA

Allana Potash (Ethiopia) 16.4% Equity investment;

Option to increase to 37% Option value: increase

stake only if return is attractive for shareholders

Offtake agreement Attractive economics Production expected

within less than 5 years The first potash mine in

Africa

ICL Dead Sea ICL’s largest and lowest cost

potash asset with near-infinite reserve life

Ability to stockpile outdoors (low cost)

Close to ports and key end markets Ongoing operational efficiency

measures, including labor reduction

Potentially subject to new tax and royalty regime in Israel as of 2017

ICL Iberia Strategically located $435M investment in growth and

efficiency: Facility consolidation- maintaining

capacity, reducing costs per tonne Gradually increase capacity to 1.4M

tonnes in the next 5 years while reducing cost per tonne by ~25%

Potential to further expand capacity by additional 1M tonnes by 2024

Additional 1M tonnes expansion - subject to feasibility study

ICL UK Close to Teesside Port –

access to Northern Europe Increase annual polysulphate

production from 130,000 to 600,000 tonnes (capex: ₤38MM)

Improve capacity utilization while reducing costs per tonne

Co

st

Potash volume *Source: CRU Potash Cost Report 2013 Edition (December 2012), McKinsey & Company, ICL estimates

ICL DEAD SEA c. 2/3 of ICL’s effective

capacity

Potential to increase total capacity by at least 2 million tonnes in the next decade, while reducing costs

World’s Largest Elemental Bromine Producer

The Dead Sea integrated operations provide the highest concentration of Bromine which supports its world leading cost position

Access to Largest and Richest Known Source of Bromine

Grams/Liter

0.02 – 0.03 0.03 – 0.05

0.5 – 0.9

3.5 – 4.5 2.5 – 5.5

10.0 – 11.0

UndergroundWells

(China)

Sea Water(China, Japan)

Shallow Sea(Ukraine)

Salt Lake(India)

UndergroundWells (U.S.)

Dead SeaOperations

(Israel, Jordan)

ICL’s leading market position

38%

29%

12%

13%

8%

Other

China

Chemtura

Albemarle

ICL

2014 Estimated Production Capacity

China’s reserves are depleting ICL owns the largest fleet of isotanks

in the world

6

Source: ICL estimates, MarketsandMarkets

Phosphate used in phosphate fertilizers, compound and specialty fertilizers as well as food additives

Potential Production Capacity - Israel (bulk products):

• Phosphate rock: ~4.5 million tonnes

• Phosphoric acid: ~600 thousand tonnes

Phosphate – Strengthening our Backward Integration and Geographical Footprint

7

Phosphate Volume

2 3

1

Phosphate Cost Curve (abstract model)*

*Source: CRU Phosphate Rock Cost Report, 2014 Edition (January 2014), ICL estimates

Important initiatives in our phosphate business are:

• Almost $30M annual savings due to Rotem production records in 2H2014 and the early retirement plan

• Further gains due to operational excellence expected in 2015

• Efforts to obtain new franchise in Barir field

Strategic alliance with China’s Yunnan Yuntianhua to leverage ICL’s end-to-end phosphate business model

Closing expected by Q1 2016

Resource expansion Existing operations

45.7% 39.3% 15.0%

50.0% 50.0%

100.0%

• World scale phosphate rock mine with ~100mT reserves

• Rock capacity - 2.5mT p.a. • Fertilizers – 850kT p.a. • Phosphoric acid – 700kT p.a. • Specialty fertilizers – 115kT p.a. • Specialty phosphates – 65kT p.a. • Purified phosphoric acid – 60kT p.a.

ICL YTH Group Public

Shareholders

JV

Yunnan Yuntianhua

• Deal value: $452M • Sales increase: ~$550M to ~$700M • EBITDA margins from low teens to

high teens within 5 years • Estimates synergies: $30M p.a.

• Approx. 7.4x EV/EBITDA multiple (year 2)

• Cash EPS accretive in year 2

Fulfilling Potash Demand Growth Potential

8

Promoting balanced fertilization to improve economic benefits

680 demonstration plots in 9 states and

over 40 districts

15-35% average increase in yields;

demonstrate benefit-to-cost ratios

between 13:1 and 43:1

Incremental Demand Can Result in Material Growth for ICL Approx. 250,000 tons of incremental annual ICL

shipments required to grow at 5% p.a.

India

600 demonstration plots in 2014

Several hundred additional plots in

2015

Soil fertility mapping

Specialty Fertilizer: Utilizing Growth Opportunities

$770 Million sales in 2014

Faster growing markets, relatively low capex

Strong sales network

Best-in-class R&D / technology

Business Characteristics

Markets

Solutions

Water soluble fertilizers

Control released fertilizers

Liquid Fertilizers

Horticulture Turf Specialty Agriculture

Investment in R&D and branding

Geographies and crops

Supply chain excellence

Ethiopia Offered through value added nutrient mixtures & blends

Food: Leverage Leadership in Phosphate Food Additives for Texture and Stability

9

Bakery

Know how platform for texture and stability

Dairy Meat/Poultry/ Seafood

Lower Fat & Sugar

Lower Sodium Beverages

Phosphates

Sourced ingredients

Integrated formulation of

solutions

Customers

Direct sale of ingredients

Sale of solutions

Dairy proteins

Bakery and Cereals

Transforming ICL Food Specialties into a global formulator of texture and stability solutions

Key Milestone in ICL’s Food Strategy: Acquisition of Prolactal – A leading European Producer of Dairy Proteins

Generated ~$520M in Revenue in

2014

2014 annual revenues of approx. €100 million, 200 employees

Market growth approx. 10%/annum

Cash EPS accretive from year one of consolidation with an EV/EBITDA ratio of 9x

Acquisition will contribute substantial sales and marketing synergies

Closing is expected by Q2 2015

Essential protein source in emerging

markets and important ingredient

to health, sports and infant food.

Proteins are easy to digest and are

better absorbed by the human body

Engineered Materials: Bromine, Phosphorous & Phosphates Based Products

10

Phosphorous & Phosphates – Leadership positions in key end markets

Generated ~$860M in Revenue in 2014

Purified & specialty phosphoric acid

Technical and

specialty phosphates

Wildfire

Safety

P2S5 for lubricants, motor

oils and insecticides

Phosphorous

flame retardants Phosphorous

industrial solutions

10

* Source: ICL estimates

Faster than market growth driven by:

• Innovation • Advocacy • Substitutes

2014 Global Bromine Volume*

41%

21%

8%

18%

6% 6% Other

Clear brine fluids

Water Treatment

Flame

Retardants

Brominated Organic

‎Intermediates

Industrial

Areas of Growth

• Water Purification

• Oil and Gas Drilling

• Energy Storage

• Meat Disinfection

• Mercury Emission Control

• Gold Extraction

R&D to drive future growth in the following areas:

Generated ~$730 MM in Revenue in 2014

Bromine - R&D and Market Trends to Support Demand

Strategy Implementation & Recent Developments

ICL’s Efficiency and Excellence Initiatives Contribution – 2014

12

Contribution by segment

Contribution by project

Total efficiency and excellence initiatives

contribution in 2014 - $100M

Total annual contribution by 2016 Year End -

$350M

Energy 9%

Procurement 14%

Production, SG&A

efficiencies 62%

Pricing 15%

ICL-PP 15%

ICL-IP 14%

ICL-F 71%

1,196 960

301

35 100

Efficiency initiatives contribution to operating income

Implementing ICL’s Growth Strategy – Additional Milestones

13

• A producer of premium solutions for the processed meat industry

Acquisition of HAGESÜD

•Latin America’s main producer of purified phosphoric acid used in our three core markets: Agriculture, Engineered Materials and Food

Acquisition of Fosbrasil

•Cutting edge technologies in firefighting foams and fire extinguisher additives

Acquisition of Auxquimia

•A manufacturing joint venture for the production of a new polymeric flame retardant

JV with Albemarle

•A non binding MOU for a Joint production and marketing of 1.5 million tonnes per year of high quality vacuum salt and 50,000 tonnes of white potash

JV with AkzoNobel

•A developer and manufacturer of specialty products providing solutions for water conservation, water retention and enhanced growth

Acquisition of AmegA

Divestitures on Track to Achieve Net Proceeds $300-500M

* Net proceeds: enterprise value net of taxes

• 2014 divestitures to generate more than $300M in net proceeds*: • Total revenues of divested businesses in 2014 - about $350M with high single digit

operating margin, lower than ICL’s average • Additional divestiture opportunities: IDE, Clearon, ICL PP’s PCG business • Proceeds to be used for growth opportunities in the Agriculture, Food and Engineered

Materials

4Q 2014 Financial Results

15

Highlights & Financial Results

• Q4 2014 adjusted operating income excludes a one-time write off in the AntiGerm business ($22M), in Clearon ($40M) and in Medentech ($9M), as well as one-time income as a result of the Fosbrasil financial consolidation ($36M) and a one-time reimbursement from the Strike Fund ($9M).

• Q4 2014 adjusted net income exclude the above (net of tax effect) and a non-recurring tax expense related to investments made by a subsidiary in Europe in prior periods, at the amount of $11M. • Net income in Q4 2014 impacted by higher financial expenses and effective tax rate due to exchange rate fluctuation (mainly dollar appreciation vs. the shekel)

$ millions Q4 14 Q4 13 % change FY2014 FY2013 % change

Revenues 1,403 1,416 (0.9)% 6,111 6,272 (2.6)%

Operating Income 174 123 41.5% 758 1,101 (31.2)%

Adjusted Operating Income 200 218 (8.3)% 960 1,196 (19.7)%

Adjusted Operating margin 14.3% 15.4% 15.7% 19.1%

Net income 85 119 (28.6)% 464 819 (43.3)%

Adjusted net income 108 195 (44.6)% 695 1,012 (31.3)%

Looking into 2015:

Stable demand for flame retardants and bromine biocides will continue. Clear brine fluids expected to be negatively impacted by lower oil prices as of 2H2015

Margin expansion through implementation of cost reduction and selective price increases expected to take effect in 2015

Continued solid demand in phosphates and operational improvements can balance short term potash and Specialty Fertilizers uncertainties

Food Specialties: introduction of new multi ingredient solutions to continue

Acquisitions of Fosbrasil and Prolactal will contribute to portfolio and geographic expansions

Macro-Economic Developments Affecting ICL

16

Excess costs in shekel - $1B in USD terms ILS/$ exchange rate today 10% lower than 2014 average Negative ILS/$ exchange rate impact on net income in

2014 will turn positive in 2015

Excess revenues in Euro – $150M in USD terms €/$ exchange rate today 16% lower than 2014 average

Oil prices plunged more than 50% LTM Oil at $50/barrel to contribute $50-100M to ICL’s OP Lower transportation costs in ICL Fertilizer more than

offset negative impact on ICL Industrial Products clear brine fluids business

Ruble/$ exchange rate today 38% lower than 2014 average Mainly impacting ICL Performance Products Food business in

Russia. Moderate impact on ICL Specialty Fertilizers Significant cost advantage to Russian competitors in the potash

and magnesium markets

ILS/$

WTI Crude

€/$

Ruble/$

Financial Position to Support Dividend Yield and Growth Initiatives.

17

(US$Bn)

1.6

2.2 1.9

1.6 1.4

1.6 1.4

1.7

1.2 0.9

0.0

0.5

1.0

1.5

2.0

2.5

2010 2011 2012 2013 2014

Adjusted EBITDA and Operating Cash Flow

Adjusted EBITDA Operating Cash Flow

Committed to a Solid Dividend Policy

Average Cash Flow

Conversion: 78%

(1)

1 Operating Cash Flow adjusted for one-time $108 million taxes paid due to Trapped Earnings Law 2 Average of 2010 – 2014 Operating Cash Flow divided by Adjusted EBITDA 3 Calculated according to market capitalization based on average share price adjusted for dividends. Dividends attributed to profits of that year 4 2014 LTM – dividend as per Q4’13-Q3’14

(2)

Dividend Yield (%) (3)

7.0 5.9

6.4

8.0

3.5

0.0

2.0

4.0

6.0

8.0

10.0

2010 2011 2012 2013 2014 LTM (4)

2010 – 2014 Average: 6.2%

Dividend policy: up to 70% of reported net income

Delivers significant income to shareholders, while maintaining capital allocation discipline

Flexibility to execute growth while maintaining payout ratio:

Solid financial position: 2014 net debt/ EBITDA of 1.98

Cost reductions and efficiency improvements: run-rate $350M per year by 2016

Divestiture: potential of $300-500M in after tax proceeds

2014 LTM dividend was negatively impacted by one-time items in the amount of over $200M

Thank you

Save the Date: ICL Investor Day New York, May 19, 2015

Appendices

ICL at a Glance

20

ICL is a leading global specialty minerals company that operates a

unique integrated business model to fulfil essential needs in three

key end markets: Agriculture, Engineered Materials and Processed

Food

Utilizes sophisticated processing and product formulation

technologies to produce downstream / value-added products

Operates low-cost, geographically advantaged assets

~50% of production and ~95% of sales outside of Israel

LTM dividend yield: 8.25% (including special dividend) (2)(3)

Company Snapshot

Key Statistics (3) Our Business Segments

US$Bn

Market Capitalization 9.1

Net Debt 2.6

Enterprise Value 11.7

Main Shareholders Israel Corp 46.2%

PCS 13.9%

2014A 2013A

Revenue 6.1 6.3

EBITDA 1.3 1.6

% Margin 22% 25%

Fertilizers: One of the world's largest producers of potash, phosphate-based fertilizers and specialty fertilizers

Performance Products: Produces, markets and sells a broad range of downstream phosphate-based food additives and advanced additives

Industrial Products: Extracts bromine and magnesium from the Dead Sea and produces and markets bromine, magnesium and phosphorus compounds

19%

18%

15%

48%

Our Business Mix and End Markets (1)

Potash

Fertilizers & Phosphates

Industrial Products

Performance Products 52%

9%

8%

31%

Processed Food

Engineered Materials

Agriculture (Bulk and Specialty Fertilizers)

Fertilizers Segment

Business Mix (Based on 2014 EBITDA)

End Markets (Based on 2014 Revenue)

Other

1 Excludes adjusted EBITDA attributable to Other and eliminations; may not sum to 100% due to rounding 2 Dividend yield calculated as total dividends paid over the last twelve months divided by current market capitalization 3 Market data as of March 30, 2015; Net debt calculated as total debt less cash, cash equivalents and short term investments

ICL Segments, Business Environment, Additional Strategic Milestones

22

Strong Global Presence

22

Europe 39%

Asia 21%

Israel 5%

ROW 3%

North America

23%

South America

9%

Sales by Geography (2014)

Manufacturing plant

Logistic center

Sales offices

Headquarter

Mexico

Leading Positions in Our Markets

23

Potash #2 in Western Europe; #3 in India; #4 in China and Brazil

PK Fertilizers #1 in Western Europe

Specialty Fertilizers #1 Worldwide in MAP / MKP Soluble

Agriculture Fertilizers; #1 in the United States in Controlled-Release Fertilizers; #2 (tied) in

Europe in Controlled-Release Fertilizers

Specialty Phosphates Top 2 Worldwide

Elemental Bromine #1 Worldwide

Phosphorus-Based Flame Retardants #1 Worldwide

Forest Fire Retardants #1 Worldwide

Phosphate-Based Food Additives Top 3 Worldwide

End-Markets Product Rank

Agriculture

Processed Food

Engineered Materials

Source: ICL estimates, see “Presentation of Financial and Other Information” in the prospectus

24

ICL Fertilizers Segment Breakdown

* Based on 2014 external sales of ~$3.1 billion and operating profit of $670 million

ICL Fertilizers sales* ICL Fertilizers operating profit*

Fertilizers & Phosphates

20%

Potash 80%

Fertilizers & Phosphates

50%

Potash 50%

Growth Factors - Fertilizers and Food Products

25

Population Is Growing

Arable Land Is Declining Yield Growth Required to Meet World’s Food Needs

Meat Consumption and Fertilizer Use

Source: FAO

0.0

2.0

4.0

6.0

8.0

10.0

1970 1990 2010 2030F 2050F

Pop (Bn) MM Tonnes of Meat and Nutrient Tonnes

Arable Land per Capita (Hectares) Grain Production (Indexed to 100)

100

125

150

175

200

225

250

1980 1991 2002 2013

Meat Consumption Fertilizer Consumption

0.0

0.1

0.2

0.3

0.4

1970 1990 2010 2030F 2050F

100

200

0

100

200

300

World Crop Production in 2005 – 2007

Crop Rotation

World Crop Production

in 2050

Increase in Yields

Expansion of Arable

Land

+9% +14%

+77%

Source: U.S. Census Bureau, United Nations Source: USDA, meat includes beef, veal, swine, broiler and turkey

Source: FAO

Grains and Pulses: Barley, Corn, Millet, Mixed Grain, Oats, Rice, Rye, Sorghum, Wheat.

World Grains Production & Consumption

Link

16.72%

19.91%

21.14%

16%

18%

20%

22%

24%

26%

28%

30%

32%

34%

36%

38%

1.4

1.5

1.6

1.7

1.8

1.9

2.0

2.1

2.2

2.3

2.4

2.5

Bil

lio

n T

on

ne

Consumption Production Stock to Use

Sources: USDA, (Update February 2015)

World Grain Price Futures (CBOT)

$0

$5

$10

$15

$20

$25

CHICAGO BOARD OF TRADE (CBOT) CROP PRICES $/bushel

Corn Wheat

Soybean Rice

Wheat

Corn

Soybean

10.10

3.90

5.38

Rice

10.86

Source: USDA, CBOT. All contracts for March 2015, prices as of Feb. 17, 2015

28

Potash Consumption Outlook in Selected Regions, 2008-2020

3

5

7

9

11

13

15

17

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Brazil China Europe India USA

Source: Fertecon Potash Outlook (December 2014)

Region CAGR 2014-20

Brazil 5.3%

China 4.1%

Europe 2.2%

India 14.4%

USA 2.9%

Potash: Market Fundamentals

29

Source: Equity Research

56

51 53

59 - 61

66 - 67

45

50

55

60

65

70

2011A 2012A 2013A 2014E 2020E

Long-term Growth Drivers

Population growth Increased standards of living and protein consumption Declining arable land per capita

Former BPC 31%

Canpotex 34%

ICL 8%

RoW 27%

Mosaic Co

Uralkali

K+S

Source: Equity Research

Importance of “Grassroots” to ICL

Potash Demand Growth Potential (Corn Example)

Key ICL markets suffer from significant under-fertilization and unbalanced application rates

Farmer education will be an important growth driver

ICL believes it will be a primary beneficiary of such initiatives given its strong position in these markets and the strategic location of its assets

0

2

4

6

8

10

12

0

50

100

150

200

250

300

USA China India

Nutrient Usage, Kg per Ha Crop Yield Tonnes, per Ha

Nitrogen Phosphate Potash Yield (kg/ha)

Source: USDA, IFA

Global Potash Capacity (MT)

Global Potash Demand 2011 – 2020E

30

2014 – A Strong Fertilizer Year

Sources: China Fertilizer Weekly Market Report, Sindicaro Da Industria DE Adubose Corretivos Agricolas No Estado De Sao Paulo, GTIS, Fertilizer Week and Company estimates

2014 Imports to key markets - million tonnes

6.6

3.1

7.6

9.6

2.2

3.6

8.0

4.3

9.1

10.5

2.4

4.0

2013

2014

1 Full year phosphate fertilizers in P205 terms 2 Full year DAP imports

* Percentage may not match the numbers due to rounding

31

Fertilizer Prices

Potash Prices

FOB Vancouver standard KCl

US$/t spot US$/t spot

Average DAP fob Tampa

Average GTSP, fob North Africa

Phosphate Prices

* Source: Fertilizer Week, prices as of February 170, 2015

FOB NOLA granular KCl

0

100

200

300

400

500

600

700

200

250

300

350

400

450

500

550

600

650

32

1

3

4

5

2

ICL Dead Sea – Raw Material Extraction

Pumping and

evaporation process

1

2

3

4

5

1 Israel based on average from Dead Sea to Port of Eilat and Ashdod; Germany based on Werra to Port of Hamburg and Bremerhaven; Canada based on Saskatchewan to Port of Vancouver;

Russia based on Starobin to Port of Klaipeda; Spain based on Cabanasas Mine to Port of Barcelona; UK based on Cleveland Potash, Saltburn-by-the-Sea to Teesport Commerce Park

Advantageous Potash Assets Locations

33

ICL Has Shorter and Lower Cost Shipping Routes to Emerging Markets

Destination (Days) Destination ($/tonne)

Country of Departure Mine-to-Port (km) (1) China India Brazil China India Brazil

Israel ~200 23 11 22 21 15 17

UK ~30 34 22 20 32 27 17

Spain ~85 27 15 17 34 26 17

Germany ~350 34 23 20 30 26 16

Russia / Belarus ~600 39 27 25 24 26 18

Canada West Coast ~1,700 35 47 43 15 26 29

Clear Service Advantage to Developed and Emerging Markets

Low plant gate-to-port costs and ocean freight costs with faster time to markets

Europe

China

Brazil India

US Israel

Source: ICL estimates, Netpas

Strategic Alliance with Yunnan Yuntianhua

34

Financial Highlights Strategic Rationale

Revenues: JV sales to increase from ~$550M to ~$700M

Commodity / Specialty sales volumes ratio to develop from 90%/10% to 50%/50%

Margin expansion: expand EBITDA margins from low teens to high teens within 5 years

JV valuation reflects approximately 7.4x EV/EBITDA multiple (year 2 estimates)

Cash EPS accretive from the first full year of operations

Synergies: at least $30M per year, achieved within 5 years, with a potential to double this amount

Investment in the JV and the listed company: $452 million

CAPEX: ~$350M spread over 5 years starting from the closing

35

Maximizing Efficiency & Growth in ICL Iberia

• Establish a long term capacity increase while significantly reducing the cost per tonne to a near Dead Sea level, with marginal cost per tonne similar to the Dead Sea level

• Significantly reduce environmental foot print

• Approx. $435M investment to consist of:

Step-by-step increase capacity to 1.4M tonnes

Plant output to be almost 100% granular

Double vacuum salt capacity to 1.5M tonnes

Maximize ramp capacity, site & port logistics and infrastructure to support expansions of up to 2.3M tonnes

Perform feasibility study of new brownfield project, aimed to expand production by an additional 1 Mt KCl annually

2012 2015 2020 2025

KCl Production

36

Strengthening and Expanding ICL’s Specialty Fertilizers’ Innovative Technologies

• Based in the UK, established in 1984 • Developer and manufacturer of specialty products for

the specialty agriculture, horticulture and turf & amenity markets

• Products providing solutions for water conservation, water retention and enhanced growth

• Acquisition will strengthen ICL Specialty Fertilizers’ position in specialty agriculture markets, enhancing its supply chain and scaling its operations

Acquisition of AmegA Sciences:

Targeting Growth Opportunities in Specialty Fertilizers

A non binding MOU with AkzoNobel, a major producer of specialty chemicals and a leading global paints and coatings company

Joint production and marketing of 1.5 million tons per year of high quality vacuum salt and 50,000 tons of white potash.

• High value added product with broad applications.

• Strong synergies

• A viable solution to the salt by-products of potash.

37

ICL Iberia Signed Memorandum of Understanding With AkzoNobel

Opportunities

The Deal

38

ICL Industrial and Performance Products Segments serve the Engineered Materials and Processed Food Markets

Flame retardants 35%

Magnesia

8%

Dead Sea

Salts 9%

Microbial Solutions

9%

Industrial Solutions

34%

Food Specialties

34%

Phosphate Salts 13%

Other Products

29%

Other Phosphate Based Products

20% Phosphoric

acid 10%

* Based on 2014 external sales of ~$1.5 billion and $1.3 billion in Performance Products and Industrial Products, respectively.

Industrial Products* Performance Products*

Specialty Minerals

39

Engineered Materials: Drive Bromine Market Growth A

Opportunities

The Deal

Agreement Between ICL & Albemarle:

Establishment of a manufacturing joint venture for the production of polymeric flame retardant

• The JV will operate an existing 2,400 MT per year plant in the Netherlands and a 10,000 MT per year plant in Israel, which is now starting up

• The transaction, subject to certain closing conditions, including regulatory approvals, is expected to close in 2015

• ICL’s FR-122P to replace the HBCD flame retardant which is being phased out in different countries

• Offering environmentally-friendly, fire safety products based on exclusive license from Dow Chemicals

• Additional capacity to meet the market growth needs

• Lower risk as well as lower costs due to economies of scale. The JV will create the largest producer of the companies’ polymeric FR

40

Expand Footprint in Brazil: Completion of 100% Acquisition Of Fosbrasil for ~$65M

• Latin America’s main producer of purified phosphoric acid

• More than $100M in sales, 90 employees

• Benefits:

Almost 50% increase of ICL’s purified phosphoric acid volumes

ICL to become South America’s market leader in specialty products for Food, Engineered Materials and Specialty Fertilizers

Synergies utilization and improved competitiveness

• Based in Germany

• Producer of premium spice blends and food ingredients for meat processing

• Processed meat formulation & specialty distribution channel

• Acquisition expands ICL’s portfolio of tailored, functional solutions

Premium Solutions for the processed meat industry

Expand Food Value Chain into Specialty Processed Meat Market

41

Acquisition of HAGESÜD GROUP:

Next step in executing food growth strategy

Latest Financial Results:

4Q 2014

43

Q4 2014 Results $ millions Q4 14 Q4 13 % change FY2014 FY2013 % change

Revenues 1,403 1,416 (0.9)% 6,111 6,272 (2.6)%

Operating Income 174 123 41.5% 758 1,101 (31.2)%

Adjusted Operating Income 200 218 (8.3)% 960 1,196 (19.7)%

Adjusted Operating margin 14.3% 15.4% 15.7% 19.1%

Financial Expenses, net 66 6 156 27

Net income 85 119 (28.6)% 464 819 (43.3)%

Adjusted net income 108 195 (44.6)% 695 1,012 (31.3)%

174 200

108

71 36

9

43

23 38

12 Adj. Net Income Bridge Analysis

44

Potash Bridge Analysis

Sales ($M) Operating Profit ($M)

465

431

12

35

11

Numbers may not add due to rounding

140 128

12 2 4

24 6

45

Phosphates and Fertilizers

Sales ($M) Operating Profit ($M)*

356

385

7

30 8

* Q4 2013 operating income was impacted by a provision for early retirement in Rotem, in the amount of about $60M, while Q4 2014 operating income is excluding a one-time

reimbursement of $8M from an insurance award in connection with the strike in Rotem.

9

37 9

7

5

15 8

Numbers may not add due to rounding

46

Industrial Products

Sales ($M) Operating Profit ($M)

305 313

17 8 1

25 30

14 1 4

3 2

Numbers may not add due to rounding

47

Performance Products

Sales ($M) Operating Profit ($M)

Numbers may not add due to rounding

376 363

23

4 23

17

35 26

5 13

48

Lower, Yet Strong Returns

10.9% 8.1%10.4%10.5%

22.4%31.2%

23.2%

31.4%

94.5%

29.5%

38.0%

53.1%

40.4%

28.8%

21.0%

5.5% 4.2% 5.5% 5.3%9.6%

14.4%12.9%19.1%

52.0%

19.4%21.4%

33.5%25.8%

18.2%13.6%

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013* 2014

ROIC

ROE

ROE (Return on equity) = net income / shareholders' equity, average

ROIC (Return on invested capital ) = (operating income ×(1-0.20)) / ((trade receivables + inventory – trade payables) + PP&E, net), average * Operating income is after elimination of non-recurring effects: provision for early retirement at Rotem, provision for removing waste at Bromine and

impairment of assets at ICL-IP. Net income is after elimination of non recurring tax effects (mainly, tax in respect of release of trapped earnings in 2013 annual results, provision for early retirement it Rotem, provision for removing waste at Bromine and impairment of assets at ICL-IP in Q4 ‘13)

2000-2006 figures are based on Israeli GAAP, 2007-2014 are based on IFRS

Data for 2012-2013 reflect the application of 2 new IFRS accounting standards

Data is based on adjusted operating and net income

49

Operating Cash Flow

$ millions

2006 2007 2008 2009 2010 2011 2012 2013 2014

75 91 206 239 220 142321 192 16791 177

461 400 521

284

376425

119119147

717

242370

499

716

394

29575

150

475

319

427

344

314

116

313

Q4

Q3

Q2

Q1

* 2006 figures are based on Israeli GAAP, 2007-2014 are based on IFRS

360

565

1,200

1,727

1,127

1,269

1,538

1,859

895

Net debt to EBITDA (as of end-2014): 1.98X

1 ROIC : after-tax operating income (assuming effective tax rate) divided by invested capital (net debt plus shareholder equity plus minority interest). K+s and Uralkali– based on last reporting period 2 Market data as of Feb, 2015; Represents dividends divided by current share price. 3 Includes $500MM special dividend 4 Calculated using 5 year average EBITDA (2010 – 2014). Uralkali and K+S - 2010-2013.

Leading Cash Returns

50

(%)

8.3

3.8 3.4

1.9 0.9

2.0

0.0

2.0

4.0

6.0

8.0

10.0

Average: 2.4%

Current Dividend Yield LTM (2)

(3)

Source: Company filings, filings of competitors

22

18 18

15 15 17

10

15

20

25

30

Average: 17%

2010 – 2014 Average (%)

Return on Invested Capital (1)

1.8x

2.8x

1.8x

1.2x 1.4x

0.0

1.0

2.0

3.0

4.0

Average: 1.8x

Total Debt / EBITDA – ICL vs. Peers (4)

(3)

Baa1 / BBB A3 / A- Baa3 / BBB- BBB Ba1 / BBB

Shareholder Return – Sheshinky to Feb 17 2015 (1) (6.6%) 5.3% 6.2%

January 2005 to Sheshinski (May 1 2014) 417% 341% 228%

Cumulative Capex on Capacity Expansions ($Bn) (2) 1.05 8.5 3.5

Expansion Capex / Market Capitalization 12% 28% 18%

% Increase in Potash Production 2007 - 2014 2% (5%) (11%)

Free Cash Flow Conversion (3) 31% 37% 18%

Key Financial Highlights

1 USD share price plus dividends 2 Expansion and growth capex from 2008 – 2014 (source: company reports, ICL estimates) 3 2010 to 2014 performance; Free cash flow conversion calculated as free cash flow divided by EBITDA;

Free cash flow calculated as cash flow from operations less capex and cash acquisitions

Additional Key Topics

Our Future Priorities

52

“One ICL” • Harmonize IT systems and management processes, share best practices

• Identify and reward top performing employees

Grow Our Core Businesses

• Seek and evaluate opportunities with a potential to double our phosphate scale

• Expand our potash minerals assets and outperform potash market growth by educating emerging

market farmers on the benefits of potash

• Continue to pursue high-return “bolt-on” M&A opportunities in phosphates, food additives and specialty fertilizers

• Drive demand growth through innovation in downstream bromine and phosphate-based products

• Expected to increase R&D by 30% by 2019

Improve Our Cost Position by $350MM

by 2016 (1)

• Streamline potash and phosphate operations to reduce cost per tonne

• Implement efficiency improvements across our global processes

Grow Shareholder Returns

• Committed to a dividend pay-out ratio of up to 70%

• Maintain commitment to return of capital to shareholders

• Optimize best-in-class ROIC and free cash flow generation

Maintain Strong Flexible Balance Sheet

• Maintain investment grade credit metrics

• Maintain current level of capex while substituting maintenance capex with growth capex

• Divestitures of non-core assets should contribute $300-500 million

1 Run-rate reduction based on 2013

Implications of the Natural Resources Committee

53

Legal Actions

Operational Business Measures:

Cost Cutting Acceleration in Bromine Compounds and

ICL Dead Sea,

Revaluating the Magnesium Plant Closure

Looking Forward

Advocacy:

Challenge Recommendations within

Policy Makers

Strategic Business Measures:

Cancellation of $0.75Bn and Review of $1.00Bn of Capital

Expenditures, Shifting Investments Outside

of Israel

ICL is taking significant mitigation measures:

Final recommendations were approved by the government. 2015 elections delays the process.

Changes to the potash tax system will not come into effect prior to January 2017

Natural Resources Committee Final Recommendations Key Points

25% tax when RODA* is between 14-20%, 42% tax when return is 20% or above

Fixed 5% royalty pay-off for all natural resources

Phosphate royalties will be paid based on ex-mine value

5% of working capital to be deducted from the financial statements operating profit

Determine a unique mechanism for bromine regarding the transfer price

The benefit of the Sylvinite production in the magnesium plant will be recognized as an expense for the potash plant. Uncertainty regarding the contribution for the bromine production

* Return on depreciated assets

Global Leader in Climate Change Mitigation

54

High Scores by the Carbon Disclosure Project (CDP) Outscoring Peers*

Organization Disclosure Score

Performance Score

Mosaic 99 A

ICL 98 A

Syngenta 97 A

K + S 93 C

Agrium 81 C

PotashCorp 80 C

Monsanto 76 D

BAGFAS 44

Not received (disclosure score too low)

Uralkali 40

Not received (disclosure score too low)

For the second year in a row, ICL has maintained its high score of 98/100 in the Disclosure Score and in 2014 achieved the top “A” performance score, acknowledging ICL’s major efforts to both manage and reduce it’s GHG emissions

Both scores are among the top 10% of scores of all global companies in 2014, and place ICL in the CPLI, an exclusive index of companies that are excelling in climate change mitigation

The combined scores are the second best score among global fertilizer-producing companies

ICL has been recognized as a World Leader in managing and reducing Greenhouse Gas Emissions and mitigating Climate Change

* Source: CDP Database, October 2014

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ICL Branding Website

Launched globally on Jan 27

Available in 7 languages!

Demonstrates our vision and strategy

The thinking behind the brand story The brand’s graphic and textual language

ICL new site names search engine

The website offers:

Branding examples & ICL brand book

ICL “Minute to 8” video clips

And more!

Visit the website: www.iclbranding.com