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Today, K+S and REMEX successfully completed the transaction for the new REKS joint venture. The joint venture will operate under the name REKS GmbH & Co. KG.

K+S is committed to complying with the principles for sustainable extraction and processing of raw materials formulated by the EU (“EU principles for sustainable raw materials”). These principles essentially concern social, ecological, and economic aspects as well as sustainable corporate governance.

K+S has notified the German Financial Reporting Enforcement Panel (FREP – “DPR”) in due time of the Company's agreement with the findings of the DPR's examination in accordance with Section 342b (5) of the German Commercial Code (HGB).

Today, the German Federal Cartel Office has granted the final approval for the merger of the new REKS joint venture. With this joint venture, K+S and REMEX, a subsidiary of the REMONDIS Group, aim to open up the attractive and rapidly growing European market for the recovery and disposal of waste as well as the realization of sustainable waste management solutions.

The German Federal Cartel Office has granted the final approval for the merger of the new REKS joint venture. With this joint venture, K+S and REMEX, a subsidiary of the REMONDIS Group, aim to open up the attractive and rapidly growing European market for the recovery and disposal of waste as well as the realization of sustainable waste management solutions.

The German Financial Reporting Enforcement Panel e.V. (FREP - “DPR”) has today issued its final examination findings to K+S Aktiengesellschaft (“K+S”) in the procedure for the examination of the consolidated financial statements of K+S as of December 31, 2019, including the associated Group management report, as well as the abbreviated consolidated financial statements as of June 30, 2020, including the associated interim management report.

The German Financial Reporting Enforcement Panel (FREP - “DPR”) today issued its final examination findings for K+S in connection with the examination of the consolidated financial statements as of December 31, 2019, and the abbreviated financial statements as of June 30, 2020. These do not sustain significant preliminary findings and do not result in adjustments to valuations.

In the third quarter, K+S again increased revenues and operating earnings very significantly year-on-year. The forecast for 2021 was increased again.

In the future, K+S will place its strategic focus on its core business with potash and magnesium products. In doing so, we are keeping a firm eye on the environment, nature and climate protection. Every entrepreneurial decision must be in line with our climate strategy. In this way, we also ensure broad social acceptance of our actions.

For the protection of the ongoing proceedings with the Financial Reporting Enforcement Panel (“FREP – DPR”) K+S Aktiengesellschaft ("K+S") decided to postpone the publication of the following insider information. With the upcoming regular reporting for the third quarter on November 11, 2021, K+S is obliged to make this announcement.