Next planned expansion presents robust economics for Plant 3:
Up to C$98.04 Net Present Value Per
Share*
* Estimated Net Present Value after tax of US$3.97 billion, with 8% discount rate and Internal Rate of Return of 560.86%, based on the NI 43-101 Pre-Feasibility Technical Report Cerrado Verde Project elaborated by the Verde in 2022, assuming a potash price at less than a third of current Potassium Chloride. NP and'IR were calculated considering the 10Mtpy production
Scenario, with the K_0 + S + Micronutrients Product composition. Currency exchange rate: US$1.00 = C$1.29.
USS3.97 billion = C$5.12 billion NPV after tax divided by 52,234,844 shares outstanding as of June 30, 2022. The PFS relies on a
KCI CFR Brazil port long term price of US$368.65 per tonne.
For further information, see press release issued by the Company on May 16, 2022: https://investor.verde.ag/w-content/uploads/2022/05/Verde-AgriTech-Press-Release-Pre-Feasibility-Results-May-16-2022.pdf
The PS can be accessed at: https://investor.verde.ag/wp-content/uploads/2022/05/NI-43-101-Pre-Feasibility-Technical-
Report-for-the-Cerrado-Verde-Project.pdf