Iowa Fertilizer Company announces appointment of Larry Holley as president

February 4, 2016

Bringing more than 40 years of experience, including three decades of executive, plant and project
management expertise in the Nitrogen Fertilizer sector, Holley will oversee and lead the first world-scale fertilizer plant built in the United States in approximately 25 years. In the immediate term, he will
manage Iowa Fertilizer’s project development, as well as oversee the approximately 200 full-time
employees, who are currently working to bring the innovative construction project to a successful
conclusion.

“Larry Holley has more than 40 years in the heavy industrial sector, serving in executive level positions across several different complex industries – most notably nitrogen fertilizer production and project
management and we are excited he will bring that wealth of experience to Iowa Fertilizer Company,” Michael Bennett, Independent Non-Executive Director and Chairman of OCI N.V., parent company of Iowa Fertilizer Company, said. “As the president of Iowa Fertilizer Company, Larry will lead our team in delivering a timely, reliable, high-quality, and domestic source of fertilizer to farmers throughout the United States.”

From 1974 to 2005, Holley served at the Mississippi Chemical Company, rising to the position of Chief Operating Officer, where he directed all elements of the company’s manufacturing and business
operations. At Mississippi Chemical Company, he was responsible for a variety of technical and
management functions, including development support and the early operation of a world-scale KBR ammonia project in Trinidad, as well as major turnarounds across its nitrogen fertilizer portfolio. Since 2005, Holley has filled a number of strategic and management roles including President and CEO of the CBM Group, LLC and President and General Manager of Noranda Alumina, LLC and Noranda Bauxite.

Holley will replace Shawn Rana, who recently left the company for family reasons.

IFCo made significant progress during Shawn’s tenure and the company wishes him and his family the best.

For additional information contact media@iowafertilizer.com.

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