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Dr. Andreas Kreimeyer, graduate biologist, former member of the Board of Executive Directors and Research Executive Director of BASF Aktiengesellschaft, Ludwigshafen (today BASF SE), and Philip Freiherr von dem Bussche, graduate in Business Administration, former Chairman of the Board of Executive Directors of KWS SAAT AG, Einbeck, have been reappointed as members of the Supervisory Board by the Annual General Meeting of K+S Aktiengesellschaft today. Subsequently, Dr. Kreimeyer has been re-elected as Chairman of the Supervisory Board.

The Supervisory Board members of K+S Aktiengesellschaft will each jointly waive 20 percent of their annual remuneration for the 2019 financial year. The total amount of 350,000 euros will be used to benefit charitable purposes in the vicinity of K+S sites.

Dr. Burkhard Lohr, Chairman of the Board of Executive Directors of K+S Aktiengesellschaft, is in domestic quarantine following a positive test result for SARS-CoV-2.

Against the background of the global economic crisis triggered by the corona pandemic, the Board of Executive Directors and the Supervisory Board of K+S Aktiengesellschaft have precautionary decided on 8 May 2020 to adjust the dividend proposal for 2019 to the legal minimum dividend of € 0.04 per share (previous dividend proposal € 0.15 per share).

During the corona pandemic, K+S has been able to ensure the supply of essential products to its customers from the sectors of pharmaceuticals, food production, feed, agriculture and chemicals.

K+S has significantly reduced the injection of saline wastewater into plate dolomite and has saved one million cubic meters since 2018.

Together with local partners, K+S offers the EzyAgric App in Africa, which helps small-scale farmers to improve their harvests thereby raising their standard of living. The first successes are promising, as the story of Nasaka Mary Goreti from Uganda shows.

With the extraction and processing of domestic raw materials, K+S is making an important contribution to the system-relevant basic supply of the population and important key industries in the areas of medicine, pharmaceuticals, food production, feed, and agriculture in the continuing corona crisis.

With the continuing coronavirus pandemic in Germany and for the protection of the health of employees, shareholders and service providers, K+S plans to hold the Company's Annual General Meeting on June 10, 2020, entirely virtually and without the physical presence of shareholders.

As a result of the rapid spread of the coronavirus in Germany, K+S will not be able to hold the Annual General Meeting of the Company planned for 12 May 2020 in Kassel.