Yara share purchases and mandatory notification of trades

Nov 24, 2023 | Business

WEBWIRE –

Yara and the Foundation for employees shares in Yara havepurchased shares in the market as part of both the Employee share purchase program in Norway, on behalf of Yaras Group Executive Board members and as part of Yaras share based remuneration (SBR) program.

As part of Yaras employee share purchase program in Norway, the Foundation for employees shares in Yara (Stiftelsen for ansattes aksjer i Yara) has today purchased in the market a total of 44,000 Yara shares (ticker: YAR, ISIN: NO0010208051) at an average price of NOK 366.0686 per share.

On behalf of Yaras Group Executive Board members, Yara has today purchased in the market a total of 9,971 Yara shares (ticker: YAR, ISIN: NO0010208051) at an average price of NOK 366,3114 per share. In addition, Yara has purchased in the market a total of 4,414 Yara shares (ticker: YAR, ISIN: NO0010208051) at an average price of NOK 366.3114 per share to be allocated to members of Yaras SBR program who are not part of Yaras Group Executive Board.

Employee share purchase program:

Permanent Yara employees in Norway can take part in the annual offer to buy Yara shares for a value of either NOK 7,500, NOK 15,000 or NOK 30,000. Based on the three alternatives, Yara employees purchased either 20 Yara shares, 41 Yara shares or 82 Yara shares at NOK 365.40 per share. In total, Yara employees purchased 44,067 Yara shares from the Foundation for employees shares in Yara. A total of 624 employees participated in the program. Following these transactions, the Foundation for employees shares in Yara currently owns 583 Yara shares.

Share purchases by Group Executive Board members:

In order to support alignment between members of the Group Executive Board and the shareholder interests, it is expected that members of the Group Executive Board that participate in the SBR program, every year as a minimum – in addition to the shares received as part of the SBR – invest in Yara shares an amount equaling the lowest amount received as net, after tax STIP (Short Term Incentive Program) payout for the preceding year or the net amount received as SBR for the relevant year. Such investments should be made until their shareholding amounts to their gross annual remuneration package, including pension. Guidelines on salary and other remuneration for executive personnel are further described in the 2023 guidelines on salary and other remuneration for executive personnel.

PDMR trades:

Share purchases by and on behalf of the following members of Yaras Group Executive Management members, Yara Board members and Deputy Board members are considered as PDMR trades under the Market Abuse Regulation (EU) No 596/2014 (MAR) and are subject to the disclosure requirements pursuant to MAR article 19:

President and CEO Svein Tore Holsether bought 1,910 shares and following this purchase, owns 54,805 Yara shares.

EVP & Chief Financial Officer Thor Giver bought 319 shares and following this purchase, owns 10,515 Yara shares.

EVP Europe Mnica Andrs Enrquez bought 1,609 shares and following this purchase, owns 7,671 Yara shares.

EVP Africa & Asia Fernanda Lopes Larsen bought 1,501 shares and following this purchase, owns 8,827 Yara shares.

EVP Americas Chrystel Monthean bought 1,698 shares and following this purchase, owns 9,831 Yara shares.

EVP Global Plants & Operational Excellence Johan Labby bought 322 shares and following this purchase, owns 322 Yara shares.

EVP & General Counsel Kristine Ryssdal bought 1,364 shares and following this purchase, owns 16,495 Yara shares.

EVP People, Process & Digitalization Solveig Hellebust bought 1,248 shares and following this purchase, owns 4,323 Yara shares.

Board member Rune Bratteberg bought 82 shares and following this purchase, owns 578 Yara shares.

Board member Ragnhild Flesland Himyr bought 82 shares and following this purchase, owns 486 Yara shares.

Board member Geir O. Sundb bought 82 shares and following this purchase, owns 550 Yara shares.

Deputy Board member Sandra Kristine Aakre bought 82 shares and following this purchase, owns 94 Yara shares.

Deputy Board member Per Harald Eriksen bought 82 shares and following this purchase, owns 146 Yara shares.

Deputy Board member Kari Marie Nstberg bought 41 shares and following this purchase, owns 594 Yara shares.

Board member Veronique Elisabeth Anahid Revoy bought 82 shares and following this purchase, owns 1,185 Yara shares.

Deputy Board member Inge Stabk bought 82 shares and following this purchase, owns 735 Yara shares.

Deputy Board member Vidar Viskjer bought 82 shares and following this purchase, owns 578 Yara shares.

Board member Eva Safrine Aspvik bought 41 shares. Steinar Sletten, closely associated to Board member Eva Safrine Aspvik, bought 41 shares. Following these purchases, Eva Safrine Aspvik and her close associates own 1,066 Yara shares in total.

Individual notifications for each of the persons above are included in the attachment.

###

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. Yaras 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 industrys 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 of the Norwegian Securities Trading Act

Online Purchases without Permission by Kids Increased during the Pandemic, Reveals OLX National Parenting Day Study

Aug 3, 2021 | Business

Key findings:

  • 82% of parents surveyed anticipate that screen time for kids will reduce once the pandemic subsides in 2022

  • 65% of parents surveyed are conscious of their kids’ changing behaviour, and try to have one-on-one interactions to check on their mental well being

  • 80% of parents surveyed feel it necessary to actively monitor content being consumed by their little ones

  • Prolonged internet usage and screen time is impacting kids’ behaviour, leading to increased physical & mental stress: 80% of parents say that the pandemic has impacted their kids’ social skills

OLX India conducted a study to understand digital behaviour among kids during the pandemic, and its impact on their stress levels due to prolonged internet usage. In the backdrop of National Parents Day celebrated on 25th July, the study asked parents of kids in the age bracket of 5 to 18 years to share their perspectives on the concept of cyber responsibility.

The third annual edition of this survey was conducted in May-June 2021. Digitally savvy kids will grow to be more aware of safe and secure online behaviour, and OLX believes that the accelerated online usage ushered in by the pandemic should go hand-in-hand with safe and secure online experiences. The company runs a survey every year on parenting day, to gauge children’s internet usage trends and parental response, in order to identify changing behaviours, and to highlight the need to use the Internet in a safe and responsible manner.

The 2020-21 OLX National Parenting Day survey revealed that prolonged screen time and unhindered access to the internet due to online schooling, with little to no alternatives to engage kids during the pandemic, has exacerbated mental stress, anxiety and compromised online safety mechanisms for them. It has led to potentially unsafe, dangerous or risky online situations and behaviours that kids are indulging in. Parents believe that their child’s privacy and security are at risk and there are high chances of impersonation of digital identities, hacking, being coerced into sharing private information or making online purchases without parental permission. 75% of parents have noted their kids making impulsive in-app purchases, and are worried that they may be careless in divulging personal information. But the positive news is that parents are taking action towards monitoring the online activities of their children. 80% of parents surveyed feel it necessary to actively monitor content being consumed by their little ones and 75% of parents now make it a point to supervise their kids’ online activity. This is in stark contrast to a study conducted by OLX in January 2021, where 60% of parents surveyed admitted to not monitoring their kids’ online content consumption. Clearly, extended lockdowns have made Indian parents more vigilant and aware.

There is an increasing concern about the mental health of kids, 60% of parents surveyed observed a decline in their child’s physical and mental wellbeing. Furthermore, 80% of parents shared that the development of their kids’ social skills has been severely impacted. Inputs from respondents also highlight the concrete actions taken towards managing this situation, and are generally positive. As coping mechanisms, parents indicate that they have started to take more interest in enhancing their own digital skills (80%) to keep up with their kids, and spending dedicated time with their kids to check on their health and wellbeing more regularly (65%). On the bright side, over 4 in 5 parents (82%) were hopeful that their kids’ newly developed internet obsession will recede, once the pandemic subsides in 2022 and normalcy is restored to some extent.

Talking about how smart devices are governing every child’s life, Sapna Aroa, CMO, OLX India said, “With another year of being confined to homes, the new normal has definitely taken a toll on everybody’s mental health. The demand for smart devices and the internet has seen a steep rise due to online classes, not just school but extra-curricular and co-curricular as well. This is a novel experience for both children and parents, who need to quickly become comfortable with this new world of learning.” She further added, “Our intent through this study was to get a first-hand account of how parents are dealing with their child’s accelerated and increased exposure to online classes. These inputs are valuable in keeping online experiences safe and secure for everyone,” Sapna said.

Over 60% of the participants in this study were from Tier II and Tier III cities, where internet penetration and technology usage has been heavily accelerated due to the pandemic, and their perspectives were aligned with those from Metros and Tier I cities.

OLX has always endeavoured to educate users to exercise caution on the Internet and provide them with the tools necessary to be safe. OLX WebAware is a consumer safety initiative to educate its users about safe online practices and guidelines. OLX has a dedicated OLX Trust & Safety helpline number – 9999140999 (10:00 am to 07:00 pm.) to assist users to seek clarity and avoid fraudulent activities. OLX also works closely with Law Enforcement authorities to create awareness on the issue and ensure adherence with the law.

To get more information on the study,visit olx.in.

Methodology Used

The study was conducted with 1500 parents across India who had kids between the age groups of 5-18 and were residing out of the leading metro and non-metro cities.