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NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR IN OR INTO OR TO ANY PERSON RESIDENT OR LOCATED IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT.

K+S has terminated the syndicated credit line of €350 million agreed with the KfW state development bank and other banks in August 2020. At that time, the additional loan was agreed to provide additional financial resources if needed in the wake of the corona pandemic.

K+S significantly increased revenues and EBITDA in the first quarter compared to the prior-year period. Winter weather conditions, especially in Europe, resulted in an above-average increase in sales volumes of de-icing salt. Improved conditions in agriculture also resulted in higher sales volumes of fertilizers.

The public prosecutor's office in Meiningen has closed an investigation against representatives of K+S as well as authorities and ministries due to lack of suspicion.

Today, K+S Aktiengesellschaft completed the sale of its Americas salt business consolidated in the Operating Unit Americas to Stone Canyon Industries Holdings LLC ("SCIH"), Mark Demetree and partners.

The U.S. Department of Justice has allowed the sale of the Americas operating unit, which comprises the American salt business of K+S Aktiengesellschaft, to Stone Canyon Industries Holdings LLC, Mark Demetree and Partners to proceed.

The US Department of Justice has allowed the sale of the American salt business to Stone Canyon Industries in the USA to proceed.

K+S is pleased with the initiative of the Lower Saxony supervisory authority in addressing open issues concerning approval procedures for the Lower Saxony-Riedel mine and the tailings pile in Wathlingen, and finding a target-oriented solution accordingly.

Through extensive prevention measures and an effectively functioning crisis management system, K+S has been mastering the challenges of the ongoing corona pandemic comparatively well. The company posts operating earnings EBITDA of €445 million (2019: €640 million), including discontinued operations.

The Supervisory Board of K+S Aktiengesellschaft has appointed Mr. Holger Riemensperger (51) to the Board of Executive Directors of the Company. As of April 1, 2021, he will assume responsibility as Chief Operating Officer (COO) for the management and further development of the Agriculture and Industry+ customer segments, and the Production and Engineering, Supply Chain as well as Health, Safety, Sustainability, Quality & Management System functions at K+S.