Agreement Disposal: K+S signs agreement to sell its Operating Unit Americas to Stone Canyon Industries Holdings LLC, Mark Demetree and affiliates for a total of USD 3.2 billion

• Closing expected to occur in summer 2021
• Transaction subject to customary closing conditions, including antitrust approvals

K+S Aktiengesellschaft signed today a definitive agreement to sell its Operating Unit Americas, comprising its American salt businesses, to Stone Canyon Industries Holdings LLC, Mark Demetree and affiliates for a total of USD 3.2 billion, representing 12.5x the 2019 EBITDA of USD 257 million. The closing of the transaction is expected to occur in summer 2021, subject to customary closing conditions, including antitrust approvals. The purchase price will be paid in cash immediately upon closing of the transaction.

Further information on the sale of the Operating Unit Americas is available at www.kpluss.com.