Mosaic : 2021 ESG Performance Summary

Mosaic ESG 2021

Performance

Summary

Our Responsibility

We are motivated by a critical and noble mission: to help the world grow the food it needs. From mine to market, we are working to minimize any negative impacts and maximize the value we deliver to diverse stakeholders around the globe.

We employ an environment, social and governance (ESG) strategy to promote good stewardship of the natural, human and social resources we rely upon; mitigate risks; leverage opportunities; and solidify our position as an industry leader. Our journey is ongoing, and we are continuously evaluating what it means to be a good employer, supplier, neighbor and value creator.

A special note about this summary

Transparency is one of the ways we are driving progress on the issues that are most important to Mosaic and our constituents. This document is meant to serve as a convenient five-year summary of our annual performance in key ESG topics, but its "at-a-glance style" does not lend itself to providing the details required to fully understand year-over-year trends. We encourage you to review our entire 2021 Sustainability Disclosure and other materials for more context.

Social

VALUE GENERATED AND DISTRIBUTED

	UNITS		2017	2018	2019	2020	2021 SASB CODE
Revenue	$ millions		7,409.4	9,587.3	8,906.3	8,681.7	12,357.4
Gross Margin	$ millions		842.8	1,498.4	897.3	1,064.9	3,200.3
Gross Margin %	% of revenue	11.4	15.6	10.1	12.3	25.9
Wages and Benefits	$ millions		1,435.2	1,657.5	1,539.2	1,477.4	1,524.2
Cash Costs1	$ per	North America Muriate of Potash	64	61	65	56	67
	tonne	(MOP) cash costs of production (USD)
			North America Phosphate mining	39	39	39	37	40
			cost direct cash cost (USD)
			North America Phosphate	64	61	63	62	68
			cash conversion costs (USD)
			Mosaic Fertilizantes minerals cash	-	346	331	331	422
			cost (BRL)
			Mosaic Fertilizantes phosphate cash	−	265	321	297	388
			conversion costs (BRL)
Combined Tax Expenses2	$ millions		156.2	253.7	347.6	299.8	639.9
Community Investments	$ millions		12	12	12	14	15
Returns to Shareholders3	$ millions		210.6	38.5	217.1	75.8	545.9

1. MOP cash costs of production exclude brine management costs. North America Phosphate mining costs represent costs associated with our Florida mining sites.
2. Taxes paid represent income taxes; Canadian Resource Taxes and Royalties Expense; and "Other" non-income taxes, including property taxes and a Florida mining tax.
3. Returns to shareholders defined as dividends plus share repurchases.

Social (continued)

COMPANY

	UNITS	2017	2018	2019	2020	2021	SASB CODE
Finished Products Produced	Million tonnes	18.1	21.4	19.3	21.0	19.8	EM-MM-000.A;
RT-CH-000.A
Customer Satisfaction4	Net promoter score %	35	45	52	38	31

EMPLOYEE HEALTH AND SAFETY

	UNITS	2017	2018	2019	2020	2021	SASB CODE
Recordable Injury	Incidents per 200,000	0.78	0.50	0.30	0.33	0.29
Frequency Rate	hours worked
Lost Time Incident	Incidents per 200,000	0.16	0.08	0.07	0.06	0.06
Frequency Rate	hours worked
Fatalities	Count	0	0	0	0	0

WORKFORCE

	UNITS	2017	2018	2019	2020	2021	SASB CODE
Employees5	Count	8,225	12,639	12,271	11,884	11,738	EM-MM-000.B
Turnover Rate6	Percent	15	11	12	11	11
Women as Part of	Percent	15	13	14	15	15
our Workforce
Women as Part of our	Percent	17	17	16	17	18
Management Workforce
Age Profile
Under 30	Percent	16	15	14	13	13
30-50	Percent	54	62	63	64	65
Over 50	Percent	31	23	23	23	22
Learning and	Average hours	65	35	63	37	45
Development	training per employee
Employees Receiving	Percent	98	96	95	94	94
Performance Reviews7

1. In 2021 Mosaic implemented a more substantial customer experience measurement program, and expanded the number of customers surveyed. Because of this, 2021 results may not be fully comparable to previous years' results.
2. This figure, which differs from the number of employees reported in our 10-K, excludes long-term leaves, co-ops, and seasonal and temporary employees.
3. Turnover in 2017 included employees who accepted early retirement offers and those whose jobs were eliminated as part of
   Phosphate and Corporate segment reorganizations. In 2020, turnover includes the elimination of approximately 100 roles as a result of the North America integration.
4. Represents percent of reviews conducted for eligible employees.

Governance

BOARD STRUCTURE

	UNITS	2017	2018	2019	2020	2021	SASB CODE
Size of Board	Count	12	13	12	13	12
Independent Directors	Count	11	11	10	11	11
Women Directors	Count	2	2	3	4	3

ETHICS

	UNITS	2017	2018	2019	2020	2021	SASB CODE
Code of Business Conduct8	% of employees certified	100	100	96	100	100

8 Includes completion rate by all salaried employees. The certification, which is completed early in the calendar year, relates to compliance with the Mosaic Code of Business Ethics and Conduct in the past year.

Environment

WATER

	UNITS	2017	2018	2019	2020	2021	SASB CODE
Total Water Withdrawals	Cubic meters	320,855	385,471	298,038	345,301	287,554	EM-MM-140a.1;
							RT-CH-140a.1
Freshwater Intensity9	Cubic meters per	4.85	6.69	6.66	6.53	6.27
	tonne of product
Alternative Source Water Used	Cubic meters	9,249	9,888	8,642	8,463	8,590

ENERGY AND EMISSIONS

	UNITS	2017	2018	2019	2020	2021	SASB CODE
Energy Consumption - Direct10	Million gigajoules	95.5	119.3	98.3	112.3	109.4	EM-MM-120a.1;
							RT-CH-130a.1
Energy Consumption - Indirect	Million gigajoules	10.0	14.0	12.8	13.6	12.7	EM-MM-120a.1;
							RT-CH-130a.1
Energy Intensity - Direct and	Gigajoules per tonne	2.3	2.8	2.6	2.6	2.8
Indirect	of product
GHG - Scope 1	Million tonnes CO2e	2.4	3.6	3.1	3.4	3.2	EM-MM-110a.1;
							RT-CH-110a.1
GHG - Scope 2	Tonnes CO2e	1.7	1.7	1.5	1.5	1.3
GHG Intensity -	Tonnes CO2e per	0.22	0.25	0.23	0.23	0.23
Scopes 1 and 2	tonne of product
Other emissions11							EM-MM-120a.1;
							RT-CH-120a.1
Nitrogen Oxide	Tonnes	2.9	3.3	2.8	2.3	-
Sulphur Dioxide	Tonnes	15.8	19.3	16.5	15.6	−
Carbon Monoxide	Tonnes	0.9	1.1	0.8	0.6	−
VOC	Tonnes	0.2	0.3	0.2	0.1	−
Particulate Matter	Tonnes	6.1	6.2	4.7	4.4	−

WASTE

	UNITS	2017	2018	2019	2020	2021	SASB CODE
Mining Waste Generated12	Million tonnes	38	40	38	36	35	EM-MM-150a.1;
							EM-MM-150a.2
Mining Waste Intensity	Tonnes per tonne	2.0	1.9	2.0	1.7	1.8
	of product
Other Waste Generated13	Thousand tonnes	67	125	60	42	271
Waste Recycled13	Thousand tonnes	47	53	35	37	28

1. "Freshwater" is defined as groundwater and surface water withdrawals and excludes reclaimed water, brine, seawater, and once-through cooling and process water withdrawn from the Mississippi River in Louisiana.
2. As of 2019, the direct energy figure excludes cogenerated electricity produced at our Belle Plaine potash facility.
   Figures are higher in 2020 because of operations returning to normal after idle conditions in 2019.
3. Due to regulatory reporting timelines, this information is not available for the reporting year until the third quarter of the year.
   We will update here, and in our annual sustainability disclosure, when it is available.
4. Mining waste represents the sum of phosphogypsum and salt tailings as reported in our annual sustainability disclosure. In 2021, our Mosaic Fertilizantes business sold approximately 4.9 million tonnes of phosphogypsum.
5. Other Waste Generated excludes mining wastes. 2014 was the first year we reported an enterprise-wide figure for waste generation. Total volume of waste generated and recycled varies widely year-to-year due to operations needs and special projects.

Other

ESG RATINGS

	RATINGS SCALE	2018	2019	2020	2021
CDP Climate Change	A (Leadership) - D- (Disclosure)	A-	A-	A-	B
CDP Water Security	A (Leadership) - D- (Disclosure)	B	B	A-	A-
FTSE ESG Rating	0 - 5 (Highest)	3.5	3.7	3.5	3.3
MSCI	AAA (Leader) - CCC (Laggard)	A	A	A	A
Sustainalytics ESG Risk Rating	0 (Negligible) - 40+ (Severe)	36.7	38.5	35.0	36.9
ISS ESG Corporate Rating	A (Excellent) - D- (Poor)	C-	C-	C	C
Other Noteworthy ESG Recognition14	- 2019: 100 Best Corporate Citizens (No. 77)

• 2020: Newsweek Most Responsible Companies (No. 109); 100 Best Corporate Citizens (No. 94); Bloomberg Gender Equality Index; Robert W. Campbell Award for excellence in environment, health and safety
• 2021: Barron's 100 Most Sustainable Companies; Bloomberg's Gender Equality Index

14 This is not an exhaustive list of our annual recognition. For more information about awards and leadership, please visit mosaicco.com.

Learn more.

Mosaic 2021 Sustainability Disclosure & GRI Index

The Mosaic Company 101 E. Kennedy Ave. Tampa, Florida 33602 800.918.8270 mosaicco.com

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We help grow the food the world needs.