LSB Industries, Inc.

Financial Statements and Supplementary Data of this report. Capitalized terms not otherwise defined herein shall have the meanings ascribed thereto under the heading Special Note Regarding Forward-Looking Statements Defined Terms . LSB is a Delaware corporation, formed in 1968, and headquartered in Oklahoma City, Oklahoma. LSB is committed to playing a leadership role in the production of low and no carbon products that build, feed and power the world. We seek to accomplish this goal through the manufacture and marketing of essential products for the agricultural and industrial markets, and in the future, low and no carbon products, all with an emphasis on a culture of excellence in customer experience. The Company manufactures ammonia and ammonia-related products in El Dorado, Arkansas (the El Dorado Facility ), Cherokee, Alabama (the Cherokee Facility ), and Pryor, Oklahoma (the Pryor Facility ), and operates a facility on behalf of Covestro LLC ( Covestro ) in Baytown, Texas (the Baytown Facility ). Our products are sold through distributors and directly to end customers, such as farmers, ranchers, and fertilizer dealers, throughout the United States and parts of Canada, and to explosives manufacturers in the United States and other parts of North America. Our Business Our business manufactures products for two principal markets: (a) Industrial and (b) Agricultural. The chart below highlights representative products and applications in each of our end markets. The products we manufacture at our facilities are primarily derived from natural gas (a raw material).