Relationship with shareholders and investors
At PhosAgro, we are committed to transparency and consistency, and maintain an ongoing dialogue with the investor community through a variety of communication channels and with involvement of the Company’s senior management and independent directors.
We keep the market abreast of the Company’s performance by publishing quarterly operational and financial results that are made available to investors via press releases, presentations, conference calls and webcasts. On top of that, we take every opportunity to answer investors’ questions and gather feedback from market players by participating in conference calls.
Our strong engagement programme enables us:
To raise investor awareness of the Company’s potential value and long‑term sustainability
To update investors on PhosAgro’s strategic priorities and progress we have made
To attract a wider pool of investors to improve liquidity, share price and borrowing costs
To increase our access to a variety of capital market instruments
To provide transparency on how our corporate governance systems work
To generate new ideas through a dialogue with investors
To clarify the Company’s contribution to the UN Sustainable Development Goals

Why we interact
Four main purposes for which PhosAgro interacts with the invesmtent community:
Each building on each other
Facilitating an ongoing exchange of information
Ensuring greater business transparency
How we interact
The Company interacts with the investment community in a variety of ways
Roadshows
Virtual non‑deal roadshows covering general topics for broader investor audiences and deal roadshows relating to Eurobond offerings and ESG disclosures, etc.
One‑on‑one calls
One‑on‑one calls with investors
Meetings of Shareholders
Annual General Meetings of Shareholders and formal reporting
Work with members of the analyst
Selective communication with members of the analyst community to raise their awareness of the Company’s operations
Work with rating agencies
Interaction with credit and ESG rating agencies
Press releases
Regulatory press releases
Online conferences
Online investor conferences
Corporate website
Corporate website of the Company
Work with investors
A dedicated in‑house investor relations team
Key topics and outcomes in 2023
Cooperation
In 2023, closer contacts of the Company with shareholders, debt investors and analysts (primarily in the form of online meetings) were of critical importance due to the impact of external challenges.
Proactive approach
PhosAgro’s proactive approach to communication with debt market players guaranteed successful replacement of two Eurobond issues worth more than
Information disclosure
were made in line with Russian disclosure regulations via the Interfax Corporate Disclosure Centre
Bond issue
The Company offered two exchange bond issues on the Moscow Exchange for
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