February 13, 2018 Complaint against the Dead Sea
February 13, 2018
Complaint against the Dead Sea Bromine Company Ltd. Further to the Company’s immediate report dated April 3, 2017 (Ref: 2017-02-029866) regarding a complaint filed by Great Lakes Chemical Corporation (“GLCC”) against the Company’s subsidiary Dead Sea Bromine Company Ltd. (“DSB”), alleging the breach of a 2003 agreement pertaining to the supply and sale of bromine and bromine derivatives (the “Supply Agreement”), the Company hereby reports that DSB and GLCC have entered into a settlement agreement ending the legal dispute between them (the “Settlement Agreement”). The arrangements provided under the Settlement Agreement, as aforesaid, are at amounts which are not material to the Company.
Name of the authorized signatory on the report and name of authorized electronic reporter: Lisa Haimovitz Position: SVP, Global General Counsel and Company Secretary Signature Date: February 13, 2018
PRESS CONTACT Maya Avishai Head of Global External Communications +972-3-68444477 [email protected]
INVESTOR RELATIONS CONTACT Limor Gruber Head of Investor Relations +972-3-6844471 [email protected]
______________________________________________________________________________ ICL Millennium Tower, 23 Aranha St. Tel-Aviv 6107025 Tel. 03-6844459 Fax 03-6844444 www-icl-group.com
כיל )6107025( תל אביב23 ארניה,מגדל המילניום 03-6844444 פקס03-6844459 טלפון
Complaint against the Dead Sea Bromine Company Ltd. Further to the Company’s immediate report dated April 3, 2017 (Ref: 2017-02-029866) regarding a complaint filed by Great Lakes Chemical Corporation (“GLCC”) against the Company’s subsidiary Dead Sea Bromine Company Ltd. (“DSB”), alleging the breach of a 2003 agreement pertaining to the supply and sale of bromine and bromine derivatives (the “Supply Agreement”), the Company hereby reports that DSB and GLCC have entered into a settlement agreement ending the legal dispute between them (the “Settlement Agreement”). The arrangements provided under the Settlement Agreement, as aforesaid, are at amounts which are not material to the Company.
Name of the authorized signatory on the report and name of authorized electronic reporter: Lisa Haimovitz Position: SVP, Global General Counsel and Company Secretary Signature Date: February 13, 2018
PRESS CONTACT Maya Avishai Head of Global External Communications +972-3-68444477 [email protected]
INVESTOR RELATIONS CONTACT Limor Gruber Head of Investor Relations +972-3-6844471 [email protected]
______________________________________________________________________________ ICL Millennium Tower, 23 Aranha St. Tel-Aviv 6107025 Tel. 03-6844459 Fax 03-6844444 www-icl-group.com
כיל )6107025( תל אביב23 ארניה,מגדל המילניום 03-6844444 פקס03-6844459 טלפון
