Compliance with California Transparency in Supply Chains Act of 2010

Phibro Animal Health Corporation and its subsidiaries (“PAHC”) abhors slavery and human trafficking, and such activities would be inconsistent with PAHC’s Code of Business Conduct and Ethics. PAHC expects all of its suppliers to comply fully with requirements of applicable law in performing their contractual obligations to PAHC. PAHC has not determined a need to implement formal, affirmative steps to enforce or monitor compliance in this area by its suppliers.