Public Joint-Stock Company PhosAgro - PHOJY STOCK NEWS

On July 6, 2021, Andrey Guryev, CEO of PhosAgro, participated in an International Seminar focused on enhancing trade between Russia and Brazil. Russian Deputy Foreign Minister Sergey Ryabkov emphasized cooperation and investment opportunities between the nations, especially in agricultural exports and fertilizer imports. PhosAgro, a major fertilizer supplier, accounted for 21% of Russian fertilizer exports to Brazil in 2020, totaling over USD 286 million. Both countries aim for a free-trade agreement to boost economic ties further.

PhosAgro has reported that over 70% of its workforce is now immune to COVID-19, with 9,032 employees having received at least one vaccine dose and 8,205 fully vaccinated. The company initiated a vaccination campaign in December 2020, engaging employees with educational resources and expert talks. PhosAgro allocated over RUB 3.5 billion to healthcare support and preventative measures during the pandemic. CEO Andrey A. Guryev emphasized the importance of maintaining herd immunity through booster shots and ongoing vaccination encouragement.

Jim Rogers, Independent Director of PhosAgro, spoke at the St Petersburg International Economic Forum about lessons learned during the pandemic. He highlighted that PhosAgro invested over RUB 3.5 billion to protect employee health and maintain operational continuity. The company increased production and jobs in 2020, showcasing a commitment to employee well-being and corporate responsibility. Other panelists emphasized the importance of corporate culture and effective remote working conditions during crises, with PhosAgro being recognized for its support to local communities beyond just its workforce.

PhosAgro has officially signed a strategic partnership with Russian chess Grandmaster Ian Nepomniachtchi, who recently triumphed in the Candidates Tournament. This collaboration aims to support Nepomniachtchi's preparation for the World Chess Championship. PhosAgro's CEO, Andrey Guryev, stated the company's commitment to fostering chess in Russia. Since 2010, PhosAgro has sponsored numerous chess initiatives, contributing to the success of young Russian players. As the largest phosphate-based fertilizer producer in Europe, PhosAgro also supports various sports organizations in Russia.

PhosAgro has extended its strategic partnership agreements with the International Chess Federation (FIDE) and the Russian Chess Federation (RCF), reaffirming its commitment to support the development of chess globally and in Russia. The signing ceremony celebrated PhosAgro's 20 years of operations, highlighting the company's sponsorship of significant chess events such as the upcoming Chess World Cup and World Championship. This initiative not only reinforces PhosAgro's corporate culture but also emphasizes its dedication to nurturing future generations of chess talent.

PhosAgro CEO Andrey Guryev participated in a panel at the 2021 St. Petersburg International Economic Forum, highlighting business transformation post-COVID-19. He noted the company's journey over 20 years, tripling fertilizer production and expanding product range from 5 to 53 grades. PhosAgro focuses on eco-efficient fertilizers and digital agro-services, serving farmers in 102 countries. Furthermore, collaborations are underway to enhance fertilizer effectiveness by 20-30%. PhosAgro remains the largest fertilizer supplier in Russia and is committed to continuous improvement in production processes.

PhosAgro and TGC-1 agreed to enhance green energy use in fertilizer production during the 24th St. Petersburg International Economic Forum. This builds on a prior agreement for 323 million kWh of hydroelectric power supply in 2021. PhosAgro aims to cover over 20% of its Apatit plant's energy needs with green electricity. The company is advancing its climate strategy to reduce greenhouse gas emissions and has received positive ESG ratings, reflecting its commitment to sustainability and energy efficiency.

PhosAgro, a leading global producer of phosphate-based fertilizers, is participating in the St Petersburg International Economic Forum (SPIEF) from June 2-5, 2021. The company will showcase its 'Green Fertilizers and Digital Ecosystem' concept. CEO Andrey Guryev highlights the importance of synchronized efforts across sectors for tackling global challenges. PhosAgro plans to sign 10 socio-economic cooperation agreements and engage in extensive discussions on sustainability, including its support for ESG principles. The company allocates significant funds for social projects and environmental protection, totaling around RUB 8 billion annually.

Yan Nepomniachtchi has won the Candidates Tournament, securing a chance to compete for the world chess crown against reigning champion Magnus Carlsen from November 24 to December 16, 2021. Nepomniachtchi achieved an unbeaten score of 8.5 points out of 13 games in Ekaterinburg. His victory highlights his exceptional form, attributed to the support of PhosAgro, which has sponsored Russian chess since 2010. The company has played a crucial role in developing young talents and promoting chess in Russia.