ICL Group Ltd. hereby reports that on August 8, 2023, the Company's Board of Directors resolved to declare a cash dividend in the amount of $0.06321 per share or about $81 million. The dividend will be paid only to registered shareholders entitled to receive $2 or more. The record date is August 30, 2023 and the payment date is September 13, 2023.

From the current dividend payment, Israeli tax will be withheld at the following rates: (1) with respect to about 60% of the dividend, an Israeli resident company will not be charged for withholding tax; the withholding tax rate for an Israeli-resident individual will be 25%; and the withholding tax rate for foreign residents will be 25% or in accordance with the applicable international tax treaties ­ whichever is lower; (2) with respect to about 40% of the dividend, an Israeli resident company will not be charged for withholding tax; an Israeli resident individual will be charged for withholding tax at a rate of 20%; and foreign residents (individuals and companies) will be charged for withholding tax at a rate of 20% or in accordance with the applicable international tax treaties ­ whichever is lower.