Brazil Potash Corp. · AMEX:GRO
Brazil Potash — Investor Presentation (2026)
18 slides from Brazil Potash's investor presentation, 2026
Slide 1: Brazil Potash Investor Presentation
Brazil Potash NYSE-A: GRO B3: GROP31 Investor Presentation Q3 2026
Slide 2: Disclaimer
Disclaimer GRO GROP31 General This presentation is provided solely for informational purposes and has been prepared by Brazil Potash Corp. (the "Company") to assist interested parties in evaluating the Company. No representations or warranties, express or implied, are given in, or with respect to, t
Slide 3: Brazil Potash's Investment Thesis
Brazil Potash’s Investment Thesis GRO GROP31 Potash1 is one of three Potash has no Brazil is the world's largest essential nutrients to substitutes and is a potash importer efficiently grow food critical mineral2 1 ~52% of world’s current potash supply located in countries a in conflict3, leading to
Slide 4: Market Snapshot
Market Snapshot GRO GROP31 Peer EV/EBITDA Multiple1 Capitalization Summary2 14x Ticker NYSE-A: GRO 11.8x Share Price $2.52 12x Basic Shares Outstanding + 84.5M 10x Pre-Funded Warrants 8.2x Warrants, Options, DSUs & RSUs 22.3M 8.0x Median: 7.8x 8x 7.7x Fully Diluted Shares Outstanding 106.8M 6.4x 6x
Slide 5: Key People
Key People GRO GROP31 Mayo Schmidt Executive Chairman ▪ Former Chairman and CEO of Nutrien Ltd., world’s largest fertilizer manufacturer ▪ Former CEO of Hydro One and Viterra (sold to Glencore in 2012) ▪ Worked in executive positions for Fortune 100 companies including General Mills and ConAgra Matt
Slide 6: Brazil: Critical for Global Food Security
Brazil: Critical for Global Food Security GRO GROP31 1 2 Brazil's abundant land, water and warm Brazil produces <1% of global potash supply while year-round climate can boost global food also being the largest importer4 security (1 of 3 main fertilizers to grow food) # 1 Brazil is the largest net ex
Slide 7: Brazil remains the largest potash importer in a changing environment
Brazil remains the largest potash importer in a changing environment GRO GROP31 Opportunity to tap ~52% of world’s current potash supply, currently in jeopardy Global Potash Supply Profile % of Global Global Demand: Imports by Country (2021) KCl Exports (% of Global Exports) KCl Exports Others Brazi
Slide 8: Enabling Supply Security with Shorter Supply Chain
Enabling Supply Security with Shorter Supply Chain GRO GROP31 A shorter supply chain means shorter delivery times The total transit time when purchased from Brazil Potash could be 20x shorter Primary Global Potash Routes Panama Canal Canpotex Purchase Order to Load Vessel 2.5 Days Sea Freight to Bra
Slide 9: Brazil Potash's Location Enables Key Farming Regions Access
Brazil Potash’s Location Enables Key Farming Regions Access GRO GROP31 Logistics footprint for Brazil Potash to access domestic market Potash Basin Vila do Conde Legend: Roads from Miritituba/Porto Velho Miritituba Roads from Vila do Conde Porto Velho Balsas Uruçuí Blenders from Miritituba/Porto Vel
Slide 10: Strategic Value: In-Country Delivered Cost Advantage
Strategic Value: In-Country Delivered Cost Advantage GRO GROP31 Comparison of CFR1 costs to Mato Grosso, Brazil (in nominal $/ton (2024))2,3,4 Brazil Potash CIS (Uralkali and BPC) ICL (Sdom) Canpotex K+S (Zielitz) Site Costs (Ex Works) Costs Associated With International Shipping Inland Freight Sour
Slide 11: Brazil Potash: Autazes Project Snapshot
Brazil Potash: Autazes Project Snapshot GRO GROP31 Project Highlights Project Attributes 2.4M tons per annum USD 1 bn 23 Years Long-life underground mine in early construction Projected Production Estimated annual Project life, with substantial (~17% Brazil’s consumption) run-rate EBITDA upside pote
Slide 12: Permitted, Modular Construction to Minimally Impact Environment
Permitted, Modular Construction to Minimally Impact Environment GRO GROP31 Initial Land Status Adapted for cattle ▪ Plan to build large modules for grazing decades ago assembly at site by prior landowners ▪ Construction in climate-controlled warehouses mitigates weather delays ▪ Few restrictions on
Slide 13: Agreements with AAA third parties
Agreements with AAA third parties GRO GROP31 Offtake contracts cover 91% of Brazil Potash’s nameplate capacity Offtake Agreement 1 Offtake Agreement 2 Offtake Agreement 3 Offtake Agreement 3 + Marketing & Transportation Agreement ▪ Binding take or pay terms & ▪ Signed definite offtake agreement for
Slide 14: World Class Size and Quality of Amazonas Potash Basin
World Class Size and Quality of Amazonas Potash Basin GRO GROP31 Amazonas – Brazil Saskatchewan – Canada Urals – Russia 90 miles Comparison at same scale: ▪ Brazil Potash basin potentially has similar scale and geology as largest South Carolina basin in Canada State ▪ Brazil Potash has drilled over
Slide 15: Brazil Potash's ESG Stewardship
Brazil Potash’s ESG Stewardship GRO GROP31 Environmental, Social & Governance Avoided Emissions from Significant Emissions Savings Support Brazil Decarbonization Displaced Imports Brazil Potash is using electricity ~80% generated by renewables1 Community Support +2,300 food/hygiene baskets provided
Slide 16: Compelling Investment Highlights
Compelling Investment Highlights GRO GROP31 1 Food Security: Brazil is one of the largest net exporters of food with largest amount of land & freshwater. Domestic, in-market source of potash secures agricultural output & mitigates risk of global food and supply shocks 2 Economics: Brazil Potash aims
Slide 17: Achieved Milestones and What to Expect
Achived Milestones and What to Expect GRO GROP31 Major project recent achievements: Major upcoming milestones: Negotiate inclusion on tax concessions with federal Award of Shaft Sinking Contract ✓ and state government officials Award of Front-End Engineering and Design (FEED) ✓ Potential Equity part
Slide 18: Thank You
Thank You NYSE-A: GRO B3: GROP31 Investor Relations Contact: info@brazilpotash.com brazilpotash.com