Yara International Strengthens Leadership Team with EVP Appointment for Global Plants & Operational Excellence

Yara International Strengthens Leadership Team with EVP Appointment for Global Plants & Operational Excellence

(IN BRIEF) Yara International ASA, a global crop nutrition company, has announced an executive management change. Johan Labby will take on the role of EVP Global Plants & Operational Excellence starting from July 1, 2023. Pål Hestad will step down from the Group Executive Board but will remain in a leadership role within Yara. The Yara Group Executive Board will be composed of various members, including Svein Tore Holsether as President and CEO. This change reflects Yara’s commitment to maintaining operational excellence and strategic leadership in its mission to feed the world responsibly while protecting the planet.

(PRESS RELEASE) OSLO, 1-Jun-2023 — /EuropaWire/ — Yara International ASA, a global firm specializing in agricultural products and environmental protection agents and a leading global ammonia player, announces a key executive management change with the appointment of Johan Labby as Executive Vice President (EVP) of Global Plants & Operational Excellence, effective from July 1, 2023. Concurrently, Pål Hestad will step down from the Group Executive Board but will continue to hold a leadership role within Yara.

The Yara International ASA Group Executive Board, starting July 1, 2023, will consist of the following members:

• Svein Tore Holsether, President and CEO
• Mónica Andrés Enríquez, EVP Europe
• Chrystel Monthean, EVP Americas
• Fernanda Lopes Larsen, EVP Africa & Asia
• Kristine Ryssdal, EVP & General Counsel
• Lars Røsæg, EVP Corporate Development & Deputy CEO
• Thor Giæver, EVP & Chief Financial Officer
• Solveig Hellebust, EVP People, Process and Digitalization
• Johan Labby, EVP Global Plants & Operational Excellence

Johan Labby brings a wealth of experience and expertise to his new role, overseeing Global Plants & Operational Excellence at Yara. His appointment reflects Yara’s commitment to maintaining and enhancing operational excellence across its global plant network.

Yara acknowledges the significant contributions of Pål Hestad during his tenure on the Group Executive Board and looks forward to his continued leadership within the company.

The executive management change at Yara underscores the organization’s commitment to strategic leadership and continuous improvement, as it works towards its mission of responsibly feeding the world and protecting the planet.

Contact
Silje Ingeberg Nygaard, Investor Relations
Mobile: (+47) 957 04 843
E-mail: silje.nygaard@yara.com

Tonje Næss, Media Relations
Mobile: (+47) 408 44 647
E-mail: tonje.nass@yara.com

About Yara

Yara grows knowledge to responsibly feed the world and protect the planet. Supporting our vision of a world without hunger and a planet respected, we pursue a strategy of sustainable value growth, promoting climate-friendly crop nutrition and zero-emission energy solutions. Yara’s ambition is focused on growing a nature positive food future that creates value for our customers, shareholders and society at large and delivers a more sustainable food value chain.

To achieve our ambition, we have taken the lead in developing digital farming tools for precision farming and work closely with partners throughout the food value chain to improve the efficiency and sustainability of food production. Through our focus on clean ammonia production, we aim to enable the hydrogen economy, driving a green transition of shipping, fertilizer production and other energy intensive industries.

Founded in 1905 to solve the emerging famine in Europe, Yara has established a unique position as the industry’s only global crop nutrition company. We operate an integrated business model with around 17,000 employees and operations in over 60 countries, with a proven track record of strong returns. In 2022, Yara reported revenues of USD 24 billion.

www.yara.com

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

SOURCE: Yara International ASA