MOS · 8-K · 20260804PR000109

Headcount / Restructuring

MOSAIC CO · 2026-08-04 · Importance 61 · Surprise 66

Mosaic reduced Phosphate production through a partial curtailment implemented in May and added further curtailments at the beginning of July. Faustina was completely idled, while Bartow was operating at 40% of its targeted annual operating rate as of the release. Phosphate idle, turnaround and unabsorbed fixed costs were $60 million in Q2, compared with $84 million in Q2 2025. Mosaic Fertilizantes is idling commodity fertilizer production in Brazil because of sulfur affordability and availability, resulting in $61 million of idle, turnaround and unabsorbed fixed costs versus $26 million a year earlier.