COMPASS MINERALS INTERNATIONAL INC

Development Of Business Compass Minerals International, Inc. through its subsidiaries is a leading provider of essential minerals, primarily salt and plant nutrition. Our production sites are located in the United States ( U.S. ), Canada and the United Kingdom ( UK ). The Company also provides records management services in the UK. Back-to-Basics Strategy Our back-to-basics strategy focuses on improving cash flow generation and returns on capital in our core Salt and Plant Nutrition businesses through cost management and appropriate flexibility in capital intensity. We are committed to continually balancing inventory volumes, improving our cost structure, and enhancing profitability, leveraging our unique assets with durable competitive advantages and strong leadership positions in our respective marketplaces. We believe this strategy will enable us to create meaningful, long-term shareholder value and strengthen our financial performance. To achieve the strategy of improving cash flow generation and returns on capital in the core Salt and Plant Nutrition businesses, we have taken the following specific actions: Cost management. Implementing cost control measures to reduce expenses and to improve our cost structure and profitability. Debt reduction. Reducing levels of indebtedness to create long-term shareholder value. Continually balancing inventory volumes. Optimizing inventory volumes and associated cash impacts, while ensuring market opportunities are met. Flexibility in capital intensity . Optimizing our capital expenditures to enhance cash flow and returns on capital.