Minbos Resources Limited · ASX:MNB
Minbos Resources — 121 Conference Dubai 2025
23 slides from Minbos Resources's conference presentation, Nov 27, 2025
Slide 1: Corporate Presentation – 121 Conference Dubai
CORPORATE PRESENTATION 121 Conference Dubai November 2025 ASX:MNB
Slide 2: Executive Summary
Executive Summary CABINDA PHOSPHATE PROJECT CAPANDA GREEN AMMONIA PROJECT MARKET POSITIONING – Located in the exclave province of – Located in the Malange province – Export sales to bring scale and USD. Cabinda where the government is where the government is focussing – Local sales to capture Africa
Slide 3: Project and infrastructure map
© @®) Grow to Export fa. Cabinda Democratic Republic ~~ ©@ Grow to Eat A (al, : Phosphate Project of the Congo AINBOS gi — Major Road Tenke Fungurume ; on {oust #Kamoa Lobito Corridor pinay Fertiafrica —~Min R . RR Granulation Plant Sentinel Lumwana Mine Mine { ; Zambia Namibe ¢- ean ASX:MNB | 3
Slide 4: Disclaimer
Disclaimer So me o f th e sta tem en ts a pp e ari n g i n th is a nn o un ce me n t m ay b e i n th e n a ture o f fo rw ard -l oo ki ng state me n ts . Y ou sh ou ld b e a wa re tha t s uch sta te me n ts are o nl y pr ed ic ti o ns a n d a re s ub je ct to i nh e re nt ri sks a nd un ce rta in ti
Slide 5: Company Overview
Company Overview Capital Board & Management Structure Agribusiness Consultant to 3 million hectares in Western Australia Paul McKenzie - Chairman 25,000 Hectare farm of his own 975M Agronomist to KPMG Australia. Shares on Issue A Mining Engineer with 40 years’ experience in exploration, development,
Slide 6: Cabinda Phosphate Project
Cabinda Phosphate Project P ASX:MNB | 6
Slide 7: Cabinda Phosphate Rock
CabindaPHOSPHATE CACATA Phosphate Rock MINE Free digging, low strip ratio, 500m from highway to port with US$9.5m spent to date High Phosphate grade 30.1% P2O51 High Reactivity 8.7 to 9.5% P2O52 Long-life Project 20-year mine life3 7 Employment Mining 50 persons Commencement Date H1 2026 (with MIC)
Slide 8: Subantando Export & Fertilizer Factory
SUBANTANDO EXPORT & FERTILIZER FACTORY Civils near complete, plant equipment on site, finance term sheet in place, A$23.5M spent to date Plant: Crushing, Drying, Dust Extraction and Storage of Phosphate Rock Area: 18 hectares Capacity: 400.000 tpa Employment: ~100 persons Production Start: ~9 months
Slide 9: Porto do Caio Deepwater Port
PORTO DO CAIO DEEPWATER PORT Targeting first shipments 1H 2026 Port: 18km from the factory Detail: Deepwater container port designed to accommodate 16m draft Area: Quay area for 2000 Phosphate Rock rotainers allocated already Schedule: Targeting first shipment in 1H 2026 Management: Cabinda Port Aut
Slide 10: 68 Field Trials
PROSPER PRIMERIO 68 FIELD TRIALS M37.1. Grupo S ARIS , Congo M30.1 Cacongo, Cabinda Ensaio de Mandioca aplicação de F osfato de Cabinda e plantação. M28.2. Coop. Kalandula, Malanje Ens ai o de Amen doim na fase fenológica em Kaland ula - na Pro ví nci a de Malanje. M36,2. Fazenda Biocom, Malanje Ens
Slide 11: Staged Forward Strategy
ACCELERATED PRODUCTION Export and Local customers will take some high moisture uncrushed product for a short time Staged - Mining -> Dewatering -> Screening -> Shipping - "Off the shelf" stockpile dewatering technology to remove most moisture Forward - Existing screen equipment to produce <5mm produ
Slide 12: Funding
ACCELERATED PRODUCTION FULL IMPLEMENTATION STRATEGY – Investigate pre-payments or export warehouse finance in the interim FULL IMPLEMENTATION Funding IDC $16M FACILITY – Credit Committee approved Term Sheet – Borrower Mauritian Subsidiary Phobos Ltd – Key CP Banco BAI Facility BANCO BAI $12M FACILIT
Slide 13: Phosphate Pricing
Phosphate Pricing GENERAL EXPORT SALES REFERENCE PRICE LOCAL SALES REFERENCE PRICE – China, high grade phosrock resources – In the export market our product is a – In the local market our product (30% P2O5) is a are depleting at the same time demand feedstock commodity for SSP or substitute for Trip
Slide 14: Capanda Green Ammonia Project
Capanda Green Ammonia Project N ASX:MNB | 14
Slide 15: Talus' distributed network of modular green ammonia systems
Talus’ distributed network of modular green ammonia systems Local Small enough to be installed on-site or near- site, displacing unreliable global supply chains. Modular Innovative IP Containerized system is rapidly deployable, easily upgradable and immediately scalable Patented synthesis loop has N
Slide 16: The partnership is a collaboration between Minbos and Talus
The partnership is a collaboration between Minbos and Talus Capanda Green Ammonia Project (CGAP) • Experience developing capital- • Jointly-owned SPV to be • Experience pioneering green intensive projects in Angola established in Angola for the ammonia projects in Africa, • Strong relationships and
Slide 17: CGAP composed of talusTens and ISO loading
CGAP composed of up to up to 17 talusTens and ISO loading ASX:MNB | 17 Source: Company Analysis
Slide 18: Aim to serve three markets
Aim to serve three markets 3 • Upgrade ammonia to nitrophosphates with Long-term focus Minbos for rapidly emerging ag sector is the Angolan • Demand for AN in growing mining sector for domestic market blasting 1 • SA imports 300k TPA of Ammonia – potential| Medium-term among coastal sugar growers in
Slide 19: Creating Markets In Angola
Creating Markets In Angola ASX:MNB | 19
Slide 20: Fertiafrica Granulation Plant - Benguela
FERTIAFRICA GRANULATION PLANT - BENGUELA MOU to produce NPK granules using Cabinda Phosphate Rock, 100t trial starts today Plant: Milling, blending, granulation, drying and storage facility operated by FertiAfrica a subsidiary of Noble Group a dominant player in Angola food packaging and supermarket
Slide 21: Connecting the Market
CONNECTING THE MARKET Angola needs Phosphate but more importantly it needs an Organised Market ASX:MNB | 21
Slide 22: Our Vision
GROW TO EAT – ALLEVIATE POVERTY – Today 3 million smallholders on 5M ha yielding 1t/ha – Target 3M ha yielding 3t/ha Our Vision – 6Mt increase, total economic value 1 $4 BILLION GROW TO SELL – FOOD SECURITY – Today 500 commercial farmers on 500,000 ha yielding 5t/ha – Target 10 tonnes on 750,000M ha
Slide 23: Pequeno Projeto – Grande Impacto
Pequeno Projeto – Grande Impacto ASX:MNB | 23