EX-99 2 exhibit_2-01.htm EXHIBIT 2.01

Exhibit 2.01
 
Disclosure of Payment by Resource Extraction Issuer

Payments made during the fiscal year ended December 31, 2024 ($ Thousands) (1)

Major Political National and Subnational Jurisdiction of the Project
Project name (2)(3)
Payee
Taxes
Royalties
Fees
Infrastructure improvements
Total
Notes
Israel
Dead Sea HaDarom
 
(Potash and Industrial Products segments) (5)
 
 
Local Municipalities (HaDarom)
29,468
-
-
-
29,468
 
Israel Ports (HaDarom)
-
-
12,095
-
12,095
 
Government offices
1,093
-
-
4,818
5,911
Ministry of Infrastructure and Innovation Authority and Ministry of Tourism
Mekorot Water Company Ltd.
-
-
7,369
-
7,369
 
Israel Electricity
-
-
50,188
-
50,188
 
State Treasury
-
68,297
-
20,492
88,789
 
Tax Authority (4)
41,946
-
-
-
41,946
 
Total Dead Sea
 
72,507
68,297
69,652
25,310
235,766
 
Rotem Mines HaDarom
 
(Phosphate Solutions segment)
 
 
Local Municipalities (HaDarom)
7,559
-
-
-
7,559
 
Israel Ports (HaDarom)
-
-
4,251
-
4,251
 
Government offices
401
13,847
4,360
-
18,608
Mainly Ministry of Energy and Infrastructure
Mekorot Water Company Ltd.
-
-
23,432
-
23,432
 
Israel Electricity
-
-
3,824
-
3,824
 
Tax Authority
1,200
-
-
-
1,200
 
Total Rotem Mines
 
9,160
13,847
35,867
-
58,874
 



Disclosure of Payment by Resource Extraction Issuer

Payments made during the fiscal year ended December 31, 2024 (Thousands) (1)
 
Major Political National and Subnational Jurisdiction of the Project
Project name (2)(3)
Payee
Taxes
Royalties
Fees
Infrastructure improvements
Total
Notes
United Kingdom

Boulby England

(Growing Solutions segment)
Redcar & Cleveland Borough Council
1,516
-
-
-
1,516
 
North York Moors National Park Authority
1,301
-
271
-
1,572
 
 
The Crown Estate
-
1,938
-
-
1,938
 
 
Environmental Agency
-
-
140
-
140
 
Total Boulby
 
2,817
1,938
411
-
5,166
 
Spain

Catalan Water Agency (ACA)
-
1,131
1,012
7,966
10,109
 
Cabanassas

(Potash segment)
Catalonian Government
-
-
745
-
745
 
Súria and Sallent councils
438
-
-
-
438
 
Barcelona Port
-
821
-
-
821
 
 
Tax Authority
-
133
52
-
185
 
Total Cabanassas
 
438
2,085
1,809
7,966
12,298
 
China
Haikou

Kunming Xishan District Natural Resources Bureau and Kunming Water Supplies Bureau
-
456
793
-
1,249
 
(Phosphate Solutions segment)
Tax Authority
36,874
4,267
139
-
41,280
 
 
Kunming Electricity
-
-
6,677
-
6,677
 
Total Haikou
 
36,874
4,723
7,609
-
49,206
 
Total
   
121,796
90,890
115,348
33,276
361,310
 


(1)
All payments are reported in US dollars (USD) which is the reporting currency of the consolidated financial statements of ICL.
Payments in England, Spain and China were made in GBP, Euro and RMB, respectively, and translated using the relevant average annual rate of USD.

(2)
Resource subject of commercial development - Dead Sea: potash, magnesium and bromine; Rotem Mines: phosphate; Boulby: polyhalite; Cabanassas: potash; Haikou: phosphate.

(3)
Method of extraction - Dead Sea: evaporation ponds; Rotem and Haikou Mines: Open pits; Boulby and Cabanassas: underground mines.

(4)
The income tax payments are based on estimated amounts. The amounts presented for 2024 do not include a $39 million refund of overpaid taxes related to the prior year.



Payments by Segments - Dead Sea project

Payments made during the fiscal year ended December 31, 2024 (Thousands) (1)


(5)
Dead Sea project - payments by segments:

Segment name
Payee
Taxes
Royalties
Fees
Infrastructure improvements
Total
Industrial Products (IP)
State Treasury
-
23,484
-
-
23,484
Local Municipalities (HaDarom)
7,797
-
-
-
7,797
Mekorot Water Company Ltd.
-
-
2,800
-
2,800
Government offices
358
-
-
-
358
Tax Authority (4)
4,206
-
-
-
4,206
Total IP
 
12,361
23,484
2,800
-
38,645
Total Potash
 
60,146
44,813
66,852
25,310
197,121
Total Dead Sea
72,507
68,297
69,652
25,310
235,766