Financial Highlights

The Mosaic Company

BUSINESS PROFILE

Mosaic is the world's leading producer and marketer of concentrated phosphate and potash, both of which are vital crop nutrients. Our operations are vertically integrated from the mining of resources to the production of crop nutrients, feed, and industrial products for customers around the globe. Our customer base includes wholesalers, retail dealers and individual growers in more than 40 countries. Mosaic was formed in 2004 through the combination of IMC Global Inc. and the crop nutrition business of Cargill, Incorporated. Headquartered in Plymouth, Minnesota, we employ approximately 7,400 people in eleven countries. Our shares trade on the New York Stock Exchange under the ticker symbol MOS.

POTASH Our potash annual capacity of 10.4 million tonnes is the second largest in the world. We operate mines in Saskatchewan, New Mexico and Michigan. We sell about 45% of our product to North American customers, and the remainder is exported to other regions of the world. Our 7.9 million tonnes of potash production in fiscal 2008 accounted for approximately 14% of the world total.

PHOSPHATE We are the world's largest producer of finished phosphate products, with an annual capacity of 10.3 million tonnes, greater than the next three largest producers combined. Our production of 8.9 million tonnes of phosphate fertilizer and feed in fiscal 2008 accounted for roughly 15% of world production. Approximately 46% of our phosphate product is shipped within North America, with the remainder exported.

OFFSHORE Our offshore interests form a production and distribution network in key agricultural markets around the world. This network is a competitive differentiator for Mosaic and includes approximately one million tonnes of storage capacity at 24 facilities worldwide. Our global presence includes operations in Brazil, Argentina, Chile, Mexico, India, Thailand and China.