Israel: ICL Group – ICL Boulby renews its planning permission for miningOpen the link in a new window


This is a convenience English translation of the original Hebrew version. In case of everything

discrepancy, the required version is the original Hebrew

Israel Corporation Ltd.

Registrar number: 520028010

Form 121

Public

Transmission date: December 5, 2021

Reference: 2021-01-175962

TO:

TO:

The Securities Authority

The Tel Aviv Stock Exchange

www.isa.gov.il

www.tase.co.il

Immediate report

The event: ICL GROUP – ICL Boulby renews its town planning permit for mining

Attached is an immediate report from ICL GROUP – ICL Boulby renews the town planning permit for mining.

The Company is not a shell company within the meaning of the Stock Exchange Regulations

The date the event first became known to the company: December 3, 2021

Time: 4:30 p.m.

Name of report Authorized signatories who are authorized to sign on behalf of the company:

Name of signatory

Position

1

Maya alcheh kaplan

Other

Vice-President, General Counsel and Company Secretary

2

Sagi kabla

CFO

Name of the authorized signatory of the report and name of the authorized signatory electronic signatory: Maya Alcheh-Kaplan

Position: Vice-President, General Counsel and Company Secretary

Signature date: December 5, 2021

Electronic reporter name: Maya Alcheh-Kaplan. Position: Vice-President, General Counsel and Corporate

Secretary. Address: Aranha 23, Millennium Tower. Tel Aviv 61204. Phone – 03-6844517 Fax: 03-6844587. E-mail: [email protected]

December 3, 2021

ICL Boulby renews its town planning permit for mining

Further to article 4 of the Company’s annual report for the fiscal year ended December 31, 2020, concerning ICL Boulby’s request for the renewal of its planning permission for mining, processing and use land, the Company hereby declares that the North York Moors Park Authority Planning Committee (the “Authority“) approved ICL Boulby Mine’s request for continued production of polyhalite and salt for an additional 25 years, which will begin in 2023 with the expiration of the current building permit.

ICL Boulby is working with the Authority to complete the procedures and documents necessary for the implementation of the renewal decision and for obtaining the renewed permit. The Company believes that the procedures will be completed and that the renewed license will be obtained, however, these estimates, by their nature, constitute forward-looking statements, which are based on the beliefs and assumptions of our management and on information currently available to our management. As a result, there is no certainty that the renewed permit will be obtained, due to various factors, including other risk factors discussed in point 3 – Key information – D. Risk factors in the annual report of the company on Form 20-F for the fiscal year ended December 31, 2020, filed with the United States Securities and Exchange Commission (SEC) on March 2, 2021 (the annual report) and in subsequent filings of current reports on Form 6-K.

For more information on ICL Boulby’s mining leases, see note 18 (b) to our audited financial statements for the year ended December 31, 2020.

Name of authorized signing officer on report and name of authorized electronic declarant: Aya Landman, Adv.

Position: Vice President, Corporate Secretary and Global Compliance

Signature date: December 3, 2021

PRESS CONTACT

INVESTOR RELATIONS CONTACTS

Adi Bajayo

Peggy Reilly Tharp

Dudi Musler

Scherf Communications

Vice-President, ICL Global Investor Relations

Director, Investor Relations

+ 972-52-4454789

+ 1-314-983-7665

+ 972-3-6844448

[email protected]

[email protected]

[email protected]

ICL Group LTD. Millennium Tower, 23 Aranha Street. Tel Aviv, Israel

  1. +972.541234567 W www.icl-group.com


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