Verde AgriTech (NPK) Investor presentation summary

Project overview and strategic positioning

• Advancing a district-scale magnetic rare earths discovery in Minas Gerais, Brazil, with a 5,500-hectare land package and strong government support.

• Project leverages existing potash operations, infrastructure, and in-house teams, reducing startup friction and accelerating timelines.

• Focused on high-grade, clay-hosted rare earth mineralization, with consistent enrichment in NdPr, Dy, and Tb, critical for high-performance magnets.

• Initial exploration is self-funded, supported by C$11.5 million in cash and receivables.

• Board review and multiple technical milestones are planned through 2026.

Exploration results and resource quality

• 75 surface/trench samples average 743 ppm MREO; 22 samples exceed 1,000 ppm, and 7 exceed 1,500 ppm.

• Top samples show up to 8,930 ppm TREO and 2,182 ppm MREO, with high NdPr content (up to 24% of TREO).

• Heavy rare earths Dy and Tb are consistently present in high-grade samples, supporting magnet feed quality.

• Ionic adsorption confirmed, with leachates up to 278 mg/kg MREO and ultra-low impurities (Th, U below detection).

• Conservative initial metallurgical tests indicate potential for higher recoveries with optimized processing.

Market context and competitive advantages

• Global demand for magnetic rare earths is projected to triple by 2035, with a ~35% supply shortfall expected.

• Magnetic REEs account for 80% of market value despite being only 30% of REE volume.

• Project's grades and impurity profile compare favorably to other South American ionic clay REE projects.

• Clean leachate and low contaminants position the project as a premium source for magnet REEs.

• Existing infrastructure and operational experience in the region provide a significant execution advantage.