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Press release February 24, 2026

THE MOSAIC COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS

Mosaic Co (MOS)

Full year 2025 net income of $541 million. Fourth quarter net loss of $519 million was negatively impacted by several notable items. Full year 2025 adjusted EBITDA(1) was $2.4 billion. Fourth quarter adjusted EBITDA(1) of $505 million was impacted by weak U.S. demand. Fourth quarter phosphate production totaled 1.7 million tonnes, with improved performance continuing into early 2026. First quarter phosphate sales volumes are expected to recover sequentially to 1.7 to 1.9 million tonnes. 2025 potash production totaled 8.8 million tonnes, with MOP output reaching its highest level since 2019. Esterhazy delivered its strongest finished product production since 2022, and Belle Plaine set a new record. Mosaic Fertilizantes operating earnings of $277 million in 2025 up 16% and adjusted EBITDA(1) of $567 million up 65% versus the prior year. Mosaic Biosciences contributed positively to fourth quarter adjusted EBITDA. 2025 net sales more than doubled to $68 million, and net sales are targeted
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