COWEN MOBILITY DISRUPTION CONFERENCE

March 3, 2022

Forward-Looking Statements and Other Disclaimers

This presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements about the company's ability to raise and increase earnings capacity as well as drive and maximize shareholder value; future growth prospects; the company's strategic priorities, including its ability to build a sustainable culture, deliver on commitments and leverage assets; the company's ability to sustain and improve operations, including improvements at Goderich mine and Cote Blanche barge dock upgrades, invest in growth, maintain financial stability and credit profile, return capital to shareholders and balance operations with value-creating growth opportunities; the company's ability to accelerate growth and reduce weather dependency; growth avenues; optimization efforts, including ability to recoup costs, restore productivity, advance mine plan, increase efficiency, reduce costs; lithium resource development, including our ability to leverage existing production and assets, annual production, capacity, emissions footprint, vision, economic assessment, life cycle analysis completion, direct lithium extraction provider selection; market entry, lifecycle, cost competitiveness, delivery lead time and permitting; fire retardant business (Fortress North America) investment, including growth potential, seasonality, ability to leverage asset base, capital needs; product approvals and qualifications and ability to bid, and customers; costs; pricing; margins; profitability; and the company's outlook for the first half of fiscal 2022 and fiscal 2022, including its expectations regarding adjusted EBITDA, volumes, revenue, EBITDA, corporate and other expense, interest expense, depreciation, depletion and amortization, capital expenditures and tax rates. Forward-looking statements are those that predict or describe future events or trends and that do not relate solely to historical matters. We use words such as "may," "would," "could," "should," "will," "likely," "expect," "anticipate," "believe," "intend," "plan," "forecast," "outlook," "project," "estimate" and similar expressions suggesting future outcomes or events to identify forward-looking statements or forward-looking information. These statements are based on the company's current expectations and involve risks and uncertainties that could cause the company's actual results to differ materially. he differences could be caused by a number of factors, including without limitation (i) weather conditions, (ii) foreign exchange rates and the cost and availability of transportation for the distribution of the company'sproducts, (iii) pressure on prices and impact from competitive products, (iv) any inability by the company to successfully implement its strategic priorities or its cost-saving or enterprise optimization initiatives, (v) the risk that the company may not realize the expected financial or other benefits from the proposed development of its lithium mineral resource or its investment in Fortress North America, (vi) the timing and the outcome of the sale process for the company's South America chemicals business, and (vii) impacts of the COVID-19 pandemic. For further information on these and other risks and uncertainties that may affect the company's business, see the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the company's Transition Report on Form 10-KT for the transition period ended Sept. 30, 2021 and the company's Quarterly Report on Form 10-Q for the quarter ended December 31, 2021 filed with the SEC, as well as the company's other SEC filings. The company undertakes no obligation to update any forward-looking statements made in this presentation to reflect future events or developments, except as required by law. Because it is not possible to predict or identify all such factors, this list cannot be considered a complete set of all potential risks or uncertainties.

The company has completed an initial assessment to define the lithium resource at Compass Minerals' existing operations in accordance with applicable SEC regulations, including Subpart 1300. Pursuant to Subpart 1300, mineral resources are not mineral reserves and do not have demonstrated economic viability. The company's mineral resource estimates, including estimates of the lithium resource, are based on many factors, including assumptions regarding extraction rates and duration of mining operations, and the quality of in-place resources. For example, the process technology for commercial extraction of lithium from brines with low lithium and high impurity (primarily magnesium) is still developing. Accordingly, there is no certainty that all or any part of the lithium mineral resource identified by the company's initial assessment will be converted into an economically extractable mineral reserve.

AN ESSENTIAL MINERALS COMPANY

Why Compass Minerals?

Resilient Core Business, Leveraging Competencies into Attractive Adjacent Markets

Expected to Raise Long-Run Earnings Capacity and Drive Shareholder Value

Advantaged assets and a leading supplier of salt products

in North America and the U.K.

Protassium+® sulfate of potash (SOP) product is a market leader for high-value crops in North America

Sustainable competitive advantage, given unique, difficult to replicate Salt and Plant Nutrition assets

MAXIMIZE

SHAREHOLDER

VALUE

Management team with decades of experience optimizing mining and manufacturing operations

Low cost structure drives attractive EBITDA margins and cash flow generation

Poised to increase earnings capacity via organic growth opportunities in lithium and fire retardants

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A Focused Essential Minerals Leader1

$1,146M

TOTAL SALES

Compass Minerals is a leading global provider of essential minerals focused on safely delivering where and when it matters to help solve nature's challenges for customers and communities.

Every day, Compass Minerals produces what's essential through the responsible transformation of Earth's natural resources to deliver products that help keep people safe, feed the world and enrich lives.

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PACKAGING AND

PRODUCTION

FACILITIES

~2,000

EMPLOYEES

11.3M

TONS SALT

VOLUMES SOLD

404K

TONS

PLANT NUTRITION

VOLUMES SOLD

GROSS SALES BY MARKET

20%

80%

Salt

Plant Nutrition

SALT

  • Leading salt producer in North America and the U.K.
  • Produce and manufacture a portfolio of salt products for highway deicing, water care, animal nutrition, culinary use and numerous other industrial applications

PLANT NUTRITION

  • Largest producer in the Western Hemisphere of SOP, a premium, low- chloride potassium fertilizer
  • Products contribute to higher crop yields, consistent growth and improved overall plant health and protection

FUTURE GROWTH PROSPECTS

  • Pursuing development of a sustainable lithium brine resource intended to support the North American battery market
  • Minority owner of Fortress North America (Fortress), a next-generation fire retardant company

1 Information presented represents only the continuing operations of the company and is for trailing 12-month period from Oct 1, 2020, to Sept. 30, 2021.

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Disclaimer

Compass Minerals International Inc. published this content on 02 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2022 12:17:01 UTC.