1、2023Annual ReportZERO INCIDENTS&INJURIES DRIVING TOWARDOPTIMIZE CAPITAL MANAGEMENT INCREASE FUNCTIONAL EFFICIENCY&SCALABILITYACT RESPONSIBLY456Returned$1.1BTO SHAREHOLDERSin buy backs and dividends18SUSTAINABILITYTARGETS LAUNCHEDSince 2020NEW BLENDINGFACILITY INPALMEIRANTEServing the Northern Region
2、 of BrazilGROW&STRENGTHEN THE PRODUCT PORTFOLIO3IN PROGRESSCOMPLETED216Investment in OPERATIONS ORGANIZATIONAL TRANSFORMATION&ALIGNMENT 1SOUTH AMERICA VALUE GROWTH2As The Mosaic Company celebrates its 20th Anniversary and the transition to President and CEO,Bruce Bodine,our strategic priorities cont
3、inue to be our guiding principles in growth,reliability,and resilience.Strategic PrioritiesESTERHAZY K3Investment in$3BCOMPLETEDMOSAIC BIOSCIENCESA Portfolio of Biologicals to Enhance Nutrient EfficiencyIntroducedBruce Bodine President and CEOCEO MessageOver the past eight years,with Joc ORourke lea
4、ding Mosaic,we made considerable strides forward.We completed and ramped up production at the worlds largest potash mine in Esterhazy,Saskatchewan,Canada.We expanded our global production footprint with an acquisition that established Mosaic as the largest phosphate producer in Brazil.We committed t
5、o 16 sustainability targets so that society at large can understand our progress on environmental and social issues.We restructured our cost profiles.And we built a strong,efficient financial foundation by reducing debt and diversifying our funding options.I am grateful for Jocs leadership,for his l
6、ong-term mentorshipand for the strong momentum propelling Mosaic forward as I begin my tenure as the companys President and CEO.Our momentum increased in 2023.Despite generallylower fertilizer prices,Mosaic produced net income of$1.2 billion and adjusted EBITDA of$2.8 billion and returned$1.1 billio