Table #2 is a working capital analysis of Mosaic by EY working capital advisory services team.

As of 31-Dec-19, Mosaic Inventory balance was $2.0B; and DIO =96 days; and best in class (CF industry) DIO is 39 days

g.How much more cash will Mosaic hold if they improve their DIO to the best in-class (CF industry)?

h.How much savings will Mosaic realize if they improve their DPO to the best in class (CFindustry) assuming 8% cost of capital?

Table 2 (Benchmark Result) Benchmarking analytics reveals significant opportunity in all working capital metrics (DPO, DIO, DSO) Days Payable Outstanding (DPO) Days Inventory Outstanding (DIO) Days Sales Outstanding (DSO) 1601 8888888888 8888888 Moral FMC CORP CF Indust Mosal IsraelChem FMC CORP Israel Chem CF Indust Mosaic Israel Chem DPO - Average Upper Quartile DIO - Average Upper Quartile - DSO - Average Upper Quartile Table 2 (Benchmark Result) Benchmarking analytics reveals significant opportunity in all working capital metrics (DPO, DIO, DSO) Days Payable Outstanding (DPO) Days Inventory Outstanding (DIO) Days Sales Outstanding (DSO) 1601 8888888888 8888888 Moral FMC CORP CF Indust Mosal IsraelChem FMC CORP Israel Chem CF Indust Mosaic Israel Chem DPO - Average Upper Quartile DIO - Average Upper Quartile - DSO - Average Upper Quartile