<SEC-DOCUMENT>0001308179-18-000126.txt : 20180404
<SEC-HEADER>0001308179-18-000126.hdr.sgml : 20180404
<ACCEPTANCE-DATETIME>20180403180713
ACCESSION NUMBER:		0001308179-18-000126
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		7
FILED AS OF DATE:		20180404
DATE AS OF CHANGE:		20180403
EFFECTIVENESS DATE:		20180404

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FMC CORP
		CENTRAL INDEX KEY:			0000037785
		STANDARD INDUSTRIAL CLASSIFICATION:	CHEMICALS & ALLIED PRODUCTS [2800]
		IRS NUMBER:				940479804
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-02376
		FILM NUMBER:		18734974

	BUSINESS ADDRESS:	
		STREET 1:		2929 WALNUT STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19104
		BUSINESS PHONE:		215-299-6668

	MAIL ADDRESS:	
		STREET 1:		2929 WALNUT STREET
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FOOD MACHINERY & CHEMICAL CORP
		DATE OF NAME CHANGE:	19670706

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BEAN SPRAY PUMP CO
		DATE OF NAME CHANGE:	19670706
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>lfmc2018_defa14a.htm
<DESCRIPTION>FMC CORP - DEFA14A
<TEXT>
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<TITLE>FMC CORPORATION - DEFA 14A</TITLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNITED&nbsp;STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Washington,&nbsp;D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SCHEDULE 14A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Proxy Statement Pursuant to Section&nbsp;14(a)
of the Securities<BR>
Exchange Act of 1934 (Amendment No. )</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt/normal Times New Roman, Times, Serif; width: 99%; font-size-adjust: none; font-stretch: normal">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 1%"><IMG SRC="check.jpg" ALT=""></TD>
    <TD STYLE="width: 42%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;Filed by the Registrant</FONT></TD>
    <TD STYLE="width: 1%"><IMG SRC="uncheck.jpg" ALT=""></TD>
    <TD STYLE="width: 42%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;Filed by a Party other than the Registrant</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 99%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="background-color: #E6FCE3; font-size: 12pt">
    <TD COLSPAN="2" STYLE="vertical-align: top; padding-left: 2pt; border: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; font-size: 12pt; background-color: rgb(234,242,237)"><B>Check the appropriate box:</B></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 6%; text-align: center; border-left: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; border-bottom: Black 1px solid"><IMG SRC="uncheck.jpg" ALT=""></TD>
    <TD STYLE="vertical-align: bottom; width: 94%; padding-left: 2pt; border-left: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt">Preliminary Proxy Statement</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center; border-left: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; border-bottom: Black 1px solid"><IMG SRC="uncheck.jpg" ALT=""></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 2pt; border-left: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt"><B>Confidential, for use of the Commission only (as permitted by Rule&nbsp;14a-6(e)(2))</B></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center; border-left: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; border-bottom: Black 1px solid"><IMG SRC="uncheck.jpg" ALT="" STYLE="width: 21px; height: 21px"></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 2pt; border-left: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt">Definitive Proxy Statement</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center; border-left: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; border-bottom: Black 1px solid"><IMG SRC="check.jpg" ALT=""></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 2pt; border-left: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt">Definitive Additional Materials</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center; border-left: Black 1px solid; border-bottom: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt"><IMG SRC="uncheck.jpg" ALT=""></TD>
    <TD STYLE="vertical-align: bottom; padding-left: 2pt; border-left: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt">Soliciting Material Pursuant to ss.240.14a-12</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><IMG SRC="companylogo.jpg" ALT=""></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 22pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; color: rgb(1,160,82)"><B>FMC CORPORATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><I>(Name of Registrant as Specified In
Its Charter)</I></B></P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><I>(Name of Person(s) Filing Proxy Statement,
if other than the Registrant)</I></B></P>

<P STYLE="font: 3pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 99%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="background-color: #E6FCE3">
    <TD COLSPAN="3" STYLE="vertical-align: top; border: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt; background-color: rgb(234,242,237)"><FONT STYLE="font-size: 12pt"><B>Payment
    of Filing Fee (Check the appropriate box):</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center"><IMG SRC="check.jpg" ALT=""></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt"><B>No fee required.</B></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; border-right: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center"><IMG SRC="uncheck.jpg" ALT=""></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt"><B>Fee computed on table below per Exchange Act Rules&nbsp;14a-6(i)(4) and 0-11.</B></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 6%; border-left: Black 1px solid; border-right: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 3%; border-bottom: Black 1px solid; vertical-align: top; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">(1)</TD>
    <TD STYLE="vertical-align: bottom; width: 91%; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">Title of each class of securities to which transaction applies:</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; border-right: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1px solid; vertical-align: top; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">(2)</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">Aggregate number of securities to which transaction applies:</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; border-right: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1px solid; vertical-align: top; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">(3)&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule&nbsp;0-11<BR>
(set&nbsp;forth&nbsp;the&nbsp;amount on which the filing fee is calculated and state how
    it was determined):</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; border-right: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1px solid; vertical-align: top; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">(4)</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt"> Proposed maximum aggregate value of transaction:</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; border-right: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">(5) </TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">Total fee paid:</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center"><IMG SRC="uncheck.jpg" ALT=""></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-right: Black 1px solid; border-bottom: Black 1px solid; border-top: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt"><B>Fee paid previously with preliminary materials.</B></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; border-right: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center"><IMG SRC="uncheck.jpg" ALT=""></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: left; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt"><B>Check box if any part of the fee is offset as provided by Exchange
    Act Rule&nbsp;0-11(a)(2) and identify the filing for which the&nbsp;offsetting fee was paid previously. Identify the previous
    filing by registration statement number, or the Form or&nbsp;Schedule and the date of its filing.</B></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; border-right: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1px solid; vertical-align: top; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">(1)</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">Amount Previously Paid:</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; border-right: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1px solid; vertical-align: top; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">(2)</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">Form, Schedule or Registration Statement No.:</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; border-right: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1px solid; vertical-align: top; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">(3)&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">Filing Party:</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-left: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-top: 1pt; padding-bottom: 1pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1px solid; vertical-align: top; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">(4)</TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-left: 2pt; padding-top: 1pt; padding-bottom: 1pt">Date Filed:</TD></TR>
</TABLE>


    <DIV STYLE="margin-bottom: 6pt; border-bottom: Silver 4px solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Arial, Helvetica, Sans-Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 75%"><IMG SRC="lfmcx1x1.jpg" ALT=""></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt"><B>FMC Corporation</B></FONT><BR>
<FONT STYLE="font-size: 8pt">Pierre Brondeau</FONT><BR>
<FONT STYLE="font-size: 8pt">President, CEO</FONT><BR>
<FONT STYLE="font-size: 8pt">Chairman of the Board</FONT><BR>
<FONT STYLE="font-size: 8pt">2929 Walnut Street</FONT><BR>
<FONT STYLE="font-size: 8pt">Philadelphia, Pennsylvania 19104</FONT><BR>
<FONT STYLE="font-size: 8pt">USA</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 8pt">215.299.6000</FONT><BR>
<FONT STYLE="font-size: 8pt">fmc.com</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">April 2, 2018</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify;">Dear FMC Shareholder,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">I would like to address
you directly regarding FMC&rsquo;s Advisory Vote on Executive Compensation at the 2018 shareholder meeting. In response to our
extensive shareholder outreach and our increased disclosures in our proxy statement, Glass Lewis has recommended a vote in support
of FMC&rsquo;s compensation programs and all its Directors, after two years of recommending against. ISS, however, has relied on
factual errors in its analysis and therefore come to the conclusion it should recommend a vote against FMC&rsquo;s compensation
programs and against all four Directors on our Board&rsquo;s compensation committee. We raised these factual errors with ISS prior
to the release of their report, but they did not incorporate any of the corrected data into the final report, and we therefore
believe FMC shareholders should consider the ISS recommendations as highly unreliable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">The
most glaring error is that ISS claims FMC lowered its short-term incentive targets from 2016 to 2017. We pointed out that in fact
we removed $193 million EBIT from the original 2017 targets to account for the removal of the Health and Nutrition business from
FMC ownership in 2017. The Health and Nutrition business was moved to discontinued operations effective January 1, 2017 under an
agreement of sale as of March 31, 2017. The fact that it was held for sale during most of the year meant that it was no longer
appropriate to include Health and Nutrition in the 2017 compensation targets. This treatment is consistent with how we have historically
dealt with acquisitions and divestitures during any given year. As pointed out in the attached letter to ISS, on a like-for-like
basis, we significantly raised our STI targets in 2017 compared to 2016. Specifically, the Agricultural Solutions (excluding the
acquired businesses from DuPont) and Lithium segment earnings targets were raised by 16% and 190% respectively, and the Adjusted
Earnings After Tax target was raised by 34%. It is unclear to FMC why ISS has dismissed this suggested factual correction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">Further, in applying
its quantitative filters to determine whether the 2017 CEO pay raised a problematic level of concern, ISS did not take into account
that the Company had moved in 2016 to a performance share component from a cash component for its Long Term Incentive program.
The SEC requires that performance awards and cash awards be reported differently in the Summary Compensation Table. Performance
shares are valued when granted, so a value for each of the 2016 and 2017 grants appears in the respective Summary Compensation
Table. However, cash awards are valued at the end of the three year measurement period based on actual TSR results. In effect,
this results in double counting in years that both a cash award from prior years is delivered and a Performance shares award is
granted. The 2016 cash award yielded a 0 payout for the 2014-2016 period, due to the underperformance of FMC TSR compared to peers
during that period, whereas the 2017 cash award yielded a $3.3M payout for the 2015-2017 period, reflecting outperformance of FMC
TSR compared to peers during that period. This created double counting in 2017 but not in 2016, thus artificially inflating the
difference between the 2016 and 2017 Summary Compensation totals, which are supposed to reflect targeted compensation for the year.
The inflated difference triggered an unwarranted level of concern on the part of ISS. If the cash component payouts were excluded
for each year to show the true targeted compensation, the 2017 CEO compensation actually decreased from 2016, despite the significant
outperformance shown in ISS&rsquo;s 1-year and 3-year TSR measurement periods.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">In addition to ISS&rsquo;s
factual errors used in its process, we believe ISS has wholly ignored the feedback that you, our shareholders, have given directly
to us, which is that our compensation programs work well and do not require major changes. For some reason, ISS is asking for more
significant changes than we have already made, despite the fact that our shareholders are not demanding these changes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">Since 2016, FMC has reached out to hundreds of investors to gather feedback on our executive compensation
programs for the compensation committee to consider. Our compensation committee has truly appreciated the feedback gathered from
these direct engagements with shareholders, and we will continue to do this type of outreach on an annual basis. This past December
and January, we conducted our most extensive shareholder outreach program yet, reaching out to over 100 investors, representing
over 80% of our shareholder base, to offer them a chance to speak directly with our Directors. We connected directly with 65% of
our shareholder base, while the remaining 15% did not respond to multiple invitations. Considering the feedback from these conversations,
we made additional disclosures in our proxy so shareholders would better understand certain parts of our compensation program and
the process and rigor that the compensation committee exercises in setting metrics and targets, and in issuing equity. We have
outlined the results of our shareholder outreach and the changes we have made based on shareholder input on pages 24-26 of the
proxy statement.</P>







    <DIV STYLE="margin-bottom: 6pt; border-bottom: Silver 4px solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">As you are aware, on
November 1, 2017 FMC made a transformative acquisition of a significant portion of DuPont&rsquo;s crop protection business at a
very low multiple. Our legacy Agricultural Solutions business significantly outperformed the market in Brazil in 2017 because our
pro-active response in 2015 and 2016 set us up to succeed in that market. We expect to significantly outperform the agricultural
chemicals market in 2018, and for at least the next few years, due to our improved product portfolio and new product formulations.</P>

<P STYLE="font: 7pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">In Lithium, we successfully
doubled our lithium hydroxide production by opening a new facility in China, on time and under budget. This expansion, along with
much higher prices due to the very high demand for our high-quality products, led to segment earnings jumping from $85mm in 2016
to $142mm in 2017. We expect a further 34% increase in segment earnings in 2018 to a range of $180mm to $200mm.</P>

<P STYLE="font: 7.5pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">Both the environment
we operated in and the actions we took were reflected in how we have constructed our Executive Compensation programs. From aligning
targets for earnings AND cash flow, to setting of personal objectives, our short-term programs are designed to give Company the
flexibility it needs to align management incentives to the areas that create the most shareholder value. And our long-term programs
clearly align management and shareholders, using a mix of restricted shares, options and performance shares to appropriately align
management incentives with those of shareholders, namely both near and long term shareholder value creation.</P>

<P STYLE="font: 7pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">FMC&rsquo;s actions
over the past few years have led to the creation of significant shareholder value in an extremely complex operating environment.
FMC&rsquo;s total shareholder return in 2017 was 65%, following up on 2016 when TSR was 57%. Even including a very difficult 2015
in the equation, our 3-year TSR was 71%.</P>

<P STYLE="font: 7pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">In our view, ISS has
failed to correct errors in its modeling or to account for our business performance in reaching their recommendations, instead
focusing on narrow measures of shareholder return and incidental aspects of the incentive programs and executive awards.</P>

<P STYLE="font: 7pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">We sincerely hope
you will consider these factors while considering how you vote at FMC&rsquo;s shareholder meeting, and particularly on the
Advisory Vote on Executive Compensation and on the directors on our compensation committee.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Sincerely,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><IMG SRC="lfmcx2x1.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Pierre Brondeau</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><I>FMC Chairman, President and CEO</I></P>



    <DIV STYLE="margin-bottom: 6pt; border-bottom: Silver 4px solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 75%">&nbsp;<IMG SRC="lfmcx1x1.jpg" ALT=""></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt"><B>FMC Corporation</B></FONT><BR>
<FONT STYLE="font-size: 8pt">Andrea Utecht</FONT><BR>
<FONT STYLE="font-size: 8pt">Executive Vice President,</FONT><BR>
<FONT STYLE="font-size: 8pt">General Counsel and Secretary</FONT><BR>
<FONT STYLE="font-size: 8pt">2929 Walnut Street</FONT><BR>
<FONT STYLE="font-size: 8pt">Philadelphia, Pennsylvania 19104</FONT><BR>
<FONT STYLE="font-size: 8pt">USA</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 8pt">215.299.6000</FONT><BR>
<FONT STYLE="font-size: 8pt">fmc.com</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">March 29, 2018</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Institutional Shareholder Services<BR>
U.S. Research Team<BR>
1177 Avenue of Americas<BR>
2nd floor<BR>
New York, NY 10036</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Dear U.S. Research Team,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">Thank you for providing
us with the opportunity to respond to the draft ISS Proxy Analysis (the &ldquo;draft Analysis&rdquo;). While we are pleased that
the content of much of the draft Analysis appears correct in the areas outside of the say-on-pay proposal and Compensation Committee
nominee evaluation sections, we are concerned that there is a factual misunderstanding with regard to the impact of the DuPont
transaction<SUP>1</SUP>, and in particular the sale of one of our businesses, on not only the short-term incentive (&ldquo;STI&rdquo;)
goals and related payouts, but also on the metrics utilized by ISS in the supplemental Financial Performance Assessment (&ldquo;FPA&rdquo;)
evaluation. It seems that this misunderstanding is driving not only the apparent elevated concern on the quantitative scoring
under the FPA, but is also the key criticism related to our incentive programs in the corresponding formal qualitative review
under the CEO Pay-for-Performance Policy.</P>

<P STYLE="font: 7pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">Additionally, any conclusion
of perceived unresponsiveness by the Compensation Committee to the shareholders is unwarranted relative to ISS&rsquo; own published
policy on Board Responsiveness, based upon the disclosure in the CD&amp;A of the comprehensive shareholder outreach effort we undertook
in response to the 2017 say on pay results, and the actions that were taken in direct response to the concerns noted by our shareholders
during those outreach efforts.</P>

<P STYLE="font: 7pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">We are hopeful that
once you take into account the disclosed context of these matters on a more holistic basis (as more fully explained below), you
will reverse your existing draft negative vote recommendations for the say-on-pay proposal and the Compensation Committee nominees
and publish full support for all proxy ballot items.</P>

<P STYLE="font: 8.5pt/normal Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; "><B>Critical Factual
Error in the Draft Analysis</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif;  margin-top: 0; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 10pt; text-align: left">&bull;</TD><TD STYLE="text-align: justify">Goals in the STI Program Were Adjusted for Expected Divestiture Rather than Lowered:
It appears that ISS did not account for the fact that FMC sold a large business in November 2017 (Health and Nutrition), and moved
that business into discontinued operations in January 2017 (further note: the move to discontinued operations was announced when
the Q1 earnings were announced in May). This means that the goals for Health and Nutrition and the performance of that unit were
adjusted out of the STI program calculations for 2017. As described in the table below if Health and Nutrition were in both the
2016 and 2017 numbers the Target STI for corporate participants reflected a 34% increase in earnings. We, therefore, adjusted
our earnings goals in the STI targets on page 2 downward by $193 million to remove the portion that had been expected of that
Health and Nutrition business. This impacts the goals and payouts for the participants with a portion on Corporate performance.
In addition, since we did not know the exact timing of the acquisition from DuPont, we left the Agricultural Solutions EBIT target
at $405 million. At the end of the year, the compensation committee used a full-year estimate of the legacy Agricultural Solutions
EBIT (approximately $435 million) to determine Mark Douglas&rsquo; performance on segment EBIT and for the net income calculation.
We note that the target for the segment was 16% higher in 2017 versus the $350 million target in 2016. We also raised the target
for Lithium EBIT from $32.5 million in 2016 to $95 million in 2017, an increase of 190%. If you normalize the goals from</TD>
</TR></TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 10pt; text-align: left">1</TD><TD STYLE="text-align: justify">On March 31, 2017, we entered into a definitive Transaction Agreement (the &ldquo;Transaction
                                                Agreement&rdquo;) with E. I. du Pont de Nemours and Company (&ldquo;DuPont&rdquo;). On November 1, 2017, pursuant to the terms and
                                                conditions set forth in the Transaction Agreement, we completed the acquisition of certain assets relating to DuPont&rsquo;s Crop
                                                Protection business and research and development organization (&ldquo;DuPont Crop Protection Business&rdquo;) (collectively, the &ldquo;DuPont
                                                Crop Protection Business Acquisition&rdquo;). In connection with this transaction, we sold to DuPont our FMC Health and Nutrition
                                                segment and paid DuPont $1.2 billion in cash. See Item 1, &ldquo;DuPont Crop Protection Business&rdquo; on page 4 of the latest Form
                                                10-K.</TD>
</TR></TABLE>


    <DIV STYLE="margin-bottom: 6pt; border-bottom: Silver 4px solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 10pt; text-align: right">&nbsp;</TD><TD STYLE="text-align: justify">one year-to-the next by stripping out the Health and Nutrition business, you can see that the
                                                                                  Committee actually set the goals materially higher than the previous year for each segment, and for total Adjusted
                                                                                  Earnings:</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="background-color: rgb(83,84,86)">
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 9pt; color: White"><B>2016
    Target</B></FONT></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 9pt; color: White"><B>2017
    Target</B></FONT></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 9pt; color: White"><B>Target
    % Change</B></FONT></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 9pt; color: White"><B>2017
    Adj. Target</B></FONT></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 9pt; color: White"><B>2017
    Actual</B></FONT></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="color: White"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(227,228,230)">
    <TD STYLE="width: 28%; font: 9pt Times New Roman, Times, Serif">Agricultural Solutions--EBIT</TD><TD STYLE="width: 3%; font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 3%; font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="width: 6%; font: 9pt Times New Roman, Times, Serif; text-align: right">350M</TD><TD STYLE="width: 1%; font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="width: 3%; font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 3%; font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="width: 6%; font: 9pt Times New Roman, Times, Serif; text-align: right">405M</TD><TD STYLE="width: 1%; font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="width: 3%; font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 3%; font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font: 9pt Times New Roman, Times, Serif; text-align: right; background-color: rgb(207,208,210)">16%</TD><TD STYLE="width: 1%; font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="width: 3%; font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 4%; font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="width: 8%; font: 9pt Times New Roman, Times, Serif; text-align: right">405M</TD><TD STYLE="width: 1%; font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="width: 3%; font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 3%; font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="width: 6%; font: 9pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-size: 9pt">487M </FONT></TD><TD STYLE="width: 1%; font: 9pt Times New Roman, Times, Serif; text-align: left"><SUP>(1)</SUP></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 9pt Times New Roman, Times, Serif">Lithium--EBIT</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">32.5M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">95M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right; background-color: rgb(207,208,210); border-top: White 1px solid; border-bottom: White 1px solid">190%</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">95M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">125M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(227,228,230)">
    <TD STYLE="font: 9pt Times New Roman, Times, Serif">Health &amp; Nutrition--EBIT</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">200.0M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">193M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 9pt Times New Roman, Times, Serif"><B>TOTAL</B></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">582.5M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">693M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">19%</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">500M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(227,228,230)">
    <TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(227,228,230)">
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"><B>CORP, INT., TAX</B></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">(262.5)M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">(263)M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">(199)M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left"></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(227,228,230)">
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left; border-bottom: rgb(83,84,86) 1px solid"><B>ADJUSTED
    EARNINGS AFTER TAX</B></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; border-bottom: rgb(83,84,86) 1px solid">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right; border-bottom: rgb(83,84,86) 1px solid">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right; border-bottom: rgb(83,84,86) 1px solid">320M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left; border-bottom: rgb(83,84,86) 1px solid"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; border-bottom: rgb(83,84,86) 1px solid">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right; border-bottom: rgb(83,84,86) 1px solid">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right; border-bottom: rgb(83,84,86) 1px solid">430M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left; border-bottom: rgb(83,84,86) 1px solid"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; border-bottom: rgb(83,84,86) 1px solid">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left; border-bottom: rgb(83,84,86) 1px solid">&nbsp;</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right; background-color: rgb(207,208,210); border-bottom: rgb(83,84,86) 1px solid">34%</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left; border-bottom: rgb(83,84,86) 1px solid"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; border-bottom: rgb(83,84,86) 1px solid">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right; border-bottom: rgb(83,84,86) 1px solid">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right; border-bottom: rgb(83,84,86) 1px solid">301M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left; border-bottom: rgb(83,84,86) 1px solid"></TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; border-bottom: rgb(83,84,86) 1px solid">&nbsp;</TD>
    <TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right; border-bottom: rgb(83,84,86) 1px solid">$</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: right; border-bottom: rgb(83,84,86) 1px solid">332M</TD><TD STYLE="font: 9pt Times New Roman, Times, Serif; text-align: left; border-bottom: rgb(83,84,86) 1px solid"></TD></TR>
</TABLE>
<P STYLE="font: 3pt/normal Times New Roman, Times, Serif; margin: 0; color: rgb(35,31,32); text-align: justify">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 8pt Times New Roman, Times, Serif">
<tr style="vertical-align: top">
    <TD STYLE="width: 18pt;">(1)</td>
    <TD STYLE="text-align: justify">The actual
    results reported include EBIT for the acquired portion of DuPont&rsquo;s crop protection business for the last two months
    of the year, as adjusted in accordance with footnote (3) from page 29 of our proxy. However, in determining Mr. Douglas&rsquo;
    BPI rating for this metric, the Compensation Committee used its best efforts to base such rating on the legacy Agricultural
    Solutions business EBIT only, which was approximately &nbsp;$435 million.</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; "><B>Additional Mitigating
Factors under the ISS CEO Pay-For-Performance (&ldquo;PFP&rdquo;) Policy that Should Be Taken Into Account</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">There are a variety
of isolated factors that appear to drive ISS&rsquo; perception of a pay-for-performance disconnect. From our perspective, all of
these items should be viewed as related, and not in isolation, when reviewing the appropriateness of our 2017 pay decisions. However,
when we read the content of the say-on-pay evaluation section of the draft Analysis, ISS notes or recognizes some of these factors
separately, but does not sufficiently tie the facts together to appropriately determine that: (i) the quantitative inputs under
the default P4P policy application neglects to take into account a one-time effect resulting from how legacy long term cash awards
(which have been replaced by shareholder-preferred performance equity) are reported, and the higher 3-year TSR performance that
drove such payouts, and (ii) an out of context comparison of our short-term incentive targets from one year to the next is invalid,
in that it compares apples and oranges ( i.e. targets for a company that consisted of 3 business segments in 2016, but consisted
only of 2 of those business segments in 2017 (as a result of the DuPont transaction)) and therefore incorrectly assumes that the
2017 targets are lower than 2016 on a like-for-like basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; "><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 10pt; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif; "><b>&bull;</b></font></td>
    <TD STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif; "><b>Inflated Pay is Driving the Perceived Quantitative Disconnect in the ISS Filters: </b>From a quantitative filters perspective, FMC triggering a next-step FPA review rests entirely on the fact that the disclosed Summary Compensation Table amount for the CEO in 2017 contains a $3.3 million long-term cash incentive payout for the 2015-2017 performance period (i.e., due to SEC reporting rules which require long-term cash incentive payouts to be reported when earned, as opposed to when granted&mdash;as is the case with equity awards). As noted in the draft Analysis, if you exclude this amount from the 2017 CEO pay total (i.e., as a true reflection of the regular targeted total pay level intended &nbsp;to be provided to the CEO for 2017), the CEO&rsquo;s actual granted pay decreased from $10.4 million in 2016 to $9.8 million in 2017. Further, if this $3.3 million cash award were excluded from the 2017 pay total, using the new 2018 Multiple of Median scoring thresholds for S&amp;P 500 index companies, the Company would not have triggered a borderline low/medium for the Multiple of Median. This is an important factor to consider, as it underscores the point that the Company should not be considered as having outlier pay relative to the peer median, especially when TSR outperformance &nbsp;relative to ISS, industry and S&amp;P 500 index company peers (also noted separately in the draft Analysis) is factored in. In short, true 2017 CEO pay actually decreased despite the significant outperformance over the 1- and 3-year TSR measurement periods discussed in the draft Analysis. The foregoing should indicate to ISS that pay and performance are actually aligned from a quantitative perspective.</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; "><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 10pt; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif; "><b>&bull;</b></font></td>
    <TD STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif; "><b>FPA Application: </b>The timing of the calculation of the metrics used for the secondary FPA analysis relative to the closing of our DuPont transaction may provide an inaccurate picture of our pay-for-performance &nbsp;story. Specifically, per ISS&rsquo; own published &nbsp;Pay-for-Performance White Paper/FAQs, each of these metrics is calculated over the trailing 12 quarters as of a quarterly download date2. For FMC, this quarterly download date is 12/1/2017. &nbsp;The use of the 12 quarters preceding 12/1/2017 means that the FPA metrics do not factor in the closing of the 11/1/2017 sale of our FMC Health and Nutrition &nbsp;segment. While we can understand the need for the quarterly download dates, we hope that you can appreciate how the exclusion of our 4th quarter data and therefore the effects of the DuPont transaction impact the measures used under the FPA assessment. Furthermore, &nbsp;use of unadjusted GAAP metrics for a relative pay-for-performance comparison when FMC has undertaken a major strategic transformation provides an incomplete picture of our pay for performance alignment story. It should be noted that during this period, FMC continued to deliver strong performance to the benefit of its shareholders, as reflected in our stock price appreciation. In any other year where the Company had not undertaken &nbsp;such large scale corporate activities, the FPA comparison might make more sense.</font></td></tr>
</table>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 10pt;"><FONT STYLE="font: 8pt Times New Roman, Times, Serif;">2</FONT></td>
    <TD><FONT STYLE="font: 8pt Times New Roman, Times, Serif;">See
    page 16 of ISS&rsquo; Pay-for-Performance &nbsp;Mechanics White Paper, under <I>&ldquo;Metric Measurement Periods.&rdquo;</I></FONT></td></tr>
</table>


    <DIV STYLE="margin-bottom: 6pt; border-bottom: Silver 4px solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 10pt">&nbsp;</TD>
    <TD STYLE="width: 10pt; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif; ">&ndash;</font></td>
    <TD STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif; ">Note, ISS appears to understand the need for the use of adjusted metrics in the section titled <b><i>&ldquo;Shareholder returns were positive; financial results were mixed,&rdquo; </i></b>where there is an acknowledgement that revenues and net income actually increased year over year when you factor in the effects of the DuPont transaction.</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; "><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 10pt; font: 10pt/115% Calibri, Helvetica, Sans-Serif"><font style="font: 10pt Times New Roman, Times, Serif; "><b>&bull;</b></font></td>
    <TD STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif; "><b>Criticisms over the LTI Design: </b>Despite acknowledging that we have a majority performance-based equity compensation program, there is criticism over the use of the annual measurement periods and our banking &nbsp;approach, &nbsp;as well as the use of a target payout for median performance. While we can appreciate the desire to recommend that all companies set 3-year performance periods, our Committee&nbsp;&nbsp;believes that it is appropriate &nbsp;to use this banked approach with a positive off-setting risk mitigating long-term cumulative TSR component and cap for negative TSR, given that we have largely completed our move to a portfolio that is highly cyclical. Additionally, we believe that our short- and long-term incentive designs are helping to drive the superior TSR outperformance (in the short- and long-term) that even ISS acknowledges is occurring at FMC. An additional point to note is that the number of shares granted to the CEO, as well as the corresponding dollar value of those grants, actually declined year-over-year, despite superior TSR outperformance. This reinforces the previous statement that perceived elevated pay is not being driven by our annual targeted pay levels, but by actual short- and long-term incentives payouts, that are the result of strong short- and long-term performance. This is, in fact, the very definition of pay for performance alignment.</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; "><B>Mitigating Factors
under the ISS Board Responsiveness Policy that Should Be Taken Into Account</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">Given that we finished
with say-on-pay results below the 70% triggering threshold under the ISS Board Responsiveness Policy<SUP>3</SUP> (i.e., at 62%
of votes cast), we undertook a significant post annual shareholders&rsquo; meeting outreach effort, ultimately engaging with investors
representing ~65% ownership, reaching out to all of our top 100 shareholders, which was a deeper pool of shareholders than ever
before. In full compliance with the stated policy we disclosed all of the required information related to: (i) level of engagement;
(ii) who participated; (iii) key items cited; and (iv) actions taken in direct response to shareholder concerns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">However, despite, our
robust disclosure regarding the actions that we undertook in response to the actual concerns noted by our investors (in contrast
to the perceived concerns cited by ISS in the comments on 2017 pay quantum and short-term incentive goals), ISS is recommending
against our Compensation Committee nominees due to what it deems to be unresponsiveness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We outlined in the proxy that the
substantial majority of our investors did not take issue with the overall structure or implementation of our executive
compensation program, and there was no clear, distinct action to take to be responsive with regard to the program generally.
We heard, and we acknowledged in our disclosure, that shareholders took issue with regard to our granting of KMAs, as well as
the corresponding disclosure surrounding those awards. Based upon our communication with investors, we understand that
applying a higher degree of scrutiny to the need for future awards and providing more clarity around their use prospectively
would likely be sufficient to address their concerns prospectively. Current disclosure appears to adequately convey our
communication and our response to investors. We did not grant these types of awards in 2017 and do not plan to do so in 2018
(consistent with what we disclosed), and we added disclosures to better explain the process for granting these awards and the
infrequent usage of these awards for NEOs (9 total awards in 10 years).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; "><B>Conclusion</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; ">We are hopeful that
when you factor in all of the context that we have provided in a more holistic perspective, including how the quantitative filters
under the ISS CEO Pay-for-Performance Policy are distorting quantitative pay-for-performance disconnect, that you will reconsider
your Analysis to see the pay-for-performance linkage and ultimately support the say-on-pay proposal and Compensation Committee
nominees up for re-election. Again, we can appreciate how the default quantitative and qualitative filters are the best way to
analyze the high number of companies ISS evaluates in any given year, but in the context of FMC in 2017, we would suggest the base
inputs for your evaluation should be adjusted to reflect the material impact of the DuPont transaction on our financials (true
both quantitatively and qualitatively&mdash;especially with regard to our STI targets).</P>

<P STYLE="font: 10pt AGaramondPro-Regular,serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Sincerely,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><IMG SRC="lfmcx5x1.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Andrea E. Utecht</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><I>FMC Executive Vice President, General Counsel and Secretary</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 10pt"><FONT STYLE="font: 8pt Times New Roman, Times, Serif">3</FONT></td>
    <TD><FONT STYLE="font: 8pt Times New Roman, Times, Serif">See
    page 13 of 69 of the ISS U.S. Proxy Voting Guidelines.</FONT></td></tr>
</table>


    <DIV STYLE="margin-bottom: 6pt; border-bottom: Silver 4px solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 12pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>


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end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>check.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
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end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>companylogo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
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