Dit was trouwens de reactie van OCI op brief van Ubbens
IMMEDIATE RELEASE
Page 1
Amsterdam, The Netherlands / 28 March 2023
OCI Responds to Letter from its Second Largest Shareholder,
Inclusive Capital Partners
OCI Global (Euronext: OCI), a global producer and distributor of hydrogen products providing
fertilizers, fuels, and feedstock to agricultural, transportation, and industrial customers around the world,
acknowledges the receipt of a letter from Inclusive Capital Partners (In-Cap). In-Cap currently owns 5%1
of the outstanding shares of OCI Global.
The letter states that OCI is trading at a significant discount to its intrinsic value, despite strong
incumbent positions in two markets (ammonia / nitrogen fertilizers and (bio)methanol), and commends
the company’s leadership in driving the energy transition to decarbonize ammonia and methanol-based
fuels. In-Cap therefore asks to explore strategic options to best unlock and pursue value creation.
OCI has always been focused on value creation for all stakeholders. We welcome the dialogue with our
shareholders, and will evaluate the merits of the views and ideas of our stakeholders, including In-Cap.
**ENDS**