Intrepid Potash Inc.

09/26/2024 | Press release | Distributed by Public on 09/26/2024 14:32

Specialized Disclosure Report - Form SD

Resource Extraction Payment Report

Project-Level Disclosure

The table below sets forth our payments made to governments for the fiscal year ended December 31, 2023, by project and type of payment.

For the year ended December 31, 2023

Project Name

Country/ Major
Subnational
Jurisdiction

Government

Resource

Extraction
Method

Taxes (1)

Royalties

Fees

Production
Entitlements

Bonuses

Dividends

Payments for
infrastructure
improvements

Community and
social
responsibility
payments

Total

IPNM HB Solution Mine

U.S

Federal Government

Sylvinite

Solar Solution

$

-

$

2,267,844

$

-

$

-

$

-

$

-

$

-

$

-

$

2,267,844

IPNM HB Solution Mine

U.S

Federal Government

Salt

Solar Solution

-

516,067

-

-

-

-

-

-

516,067

IPNM HB Solution Mine

U.S

Federal Government

Magnesium Chloride

Solar Solution

-

130,080

-

-

-

-

-

-

130,080

IPNM East Mine

U.S

Federal Government

Langbeinite

Underground

-

2,904,641

-

-

-

-

-

-

2,904,641

IPNM East Mine

U.S

Federal Government

Salt

Underground

-

18,354

-

-

-

-

-

-

18,354

IPNM West Mine

U.S

Federal Government

Sylvinite

Underground

-

111,687

-

-

-

-

-

-

111,687

Moab Mine

U.S

Federal Government

Sylvinite

Solar Solution

-

-

-

-

-

-

-

-

-

Wendover Mine

U.S

Federal Government

Sylvinite

Solar Solution

-

185,281

-

-

-

-

-

-

185,281

Wendover Mine

U.S

Federal Government

Salt

Solar Solution

-

4,109

-

-

-

-

-

-

4,109

Wendover Mine

U.S

Federal Government

Magnesium Chloride

Solar Solution

-

64,659

-

-

-

-

-

-

64,659

$

6,202,722

$

6,202,722

Government-Level Disclosure

The table below sets forth our payments made to governments for the fiscal year ended December 31, 2023, by government and type of payment.

For the year ended December 31, 2023

Country/ Major Subnational Jurisdiction

Government

Taxes (1)

Royalties

Fees

Production
Entitlements

Bonuses

Dividends

Payments for
infrastructure
improvements

Community and
social
responsibility
payments

Total

U.S

Federal Government

$

-

$

6,202,722

$

-

$

-

$

-

$

-

$

-

$

-

$

6,202,722

(1)The Company files a consolidated income tax return in the U.S., which includes all entities of the Company. The U.S. Federal Government levies corporate income taxes at the consolidated group level rather than on a per-project basis. The Company did not make any U.S. federal tax payments during 2023. If the Company had made federal tax payments, such payments would not relate to a particular project, but the consolidated U.S. income of the Company.