10 January 2018

Change in US Tax law

Kassel - As of 01 January 2018, U.S. Tax reform came into force. Based on current information, a one-off tax expense will burden net income in the fourth quarter of 2017. This will probably result in an extraordinarily high tax rate for 2017. However, this will not be cash effective in 2017. Overall, K+S expects positive effects from this tax reform. The positive cash effect for the years 2018-2020 will be cumulatively around USD 30 million.

About K+S

K+S considers itself as a customer-focused, independent minerals company for the segments of Agriculture, Industry, Consumers, and Communities and wants to grow the EBITDA to € 3 billion in 2030. Our over 14,000 employees enable farmers to provide nutrition for the world, provide solutions that keep industries going, improve daily life for consumers and provide safety in the winter. We continually meet the growing demand for mineral products from production sites in Europe, North and South America as well as a worldwide sales network. We strive for sustainability because we are deeply committed to our responsibilities to people, environment, communities and economy of the regions in which we operate. Learn more about K+S at www.k-plus-s.com.

Lutz Grüten

Head of Investor Relations

Phone: +49 561 9301 1460
lutz.grueten@k-plus-s.com

Lutz Grüten
Head of Investor Relations

Bertha-von-Suttner Str. 7
34131 Kassel
Germany

Phone: +49 561 9301 1460
Fax: +49 561 9301 2425
lutz.grueten@k-plus-s.com

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