Verde Agritech Ltd · TSX:NPK
Verde Agritech — Q1 2026 Earnings Presentation
17 slides from Verde Agritech's earnings presentation, May 13, 2026
Slide 1: Q1 2026 Earnings Results
Q1 2026 Earnings Results May 2026
Slide 2: We are not good enough for you to invest if you:
If you are risk averse don’t buy our stock. Don’t rely on anything on this We are not good enough for you to invest if you: TSX: NPK presentation. This presentation contains certain forward-looking information, which includes but is not limited to, statements with respect Are risk averse. to Verde A
Slide 3: Macroeconomic and Market Overview
Macroeconomic and Market Overview_
Slide 4: Brazilian economic scenario
Brazilian economic scenario_ TSX: NPK Selic Exchange Rate • Q1 2026 was shaped less by agronomic need than by credit transmission. The Selic (%) Selic rate remained at 15.00% for most of 16.00% the quarter, was reduced to 14.75% on 14.25% 14.50% 14.00% 13.75% 13.75% March 18, 2026, and was further r
Slide 5: Brazilian agricultural market
Brazilian agricultural market_ TSX: NPK Agribusiness judicial recovery requests 2500 • Financing conditions therefore remained restrictive for growers, 1990 2000 distributors and cooperatives. Serasa Experian reported 1,990 agribusiness judicial recovery requests in 2025, up 56.4% from 1500 1272 +56
Slide 6: Q1 2026 results
Q1 2026 results_ AGRITECH
Slide 7: Q1 2026 Financial Highlights
Q1 2026 Financial Highlights_ TSX: NPK • Revenue in Q1 2026 was $1.7 million compared to $2.9 million in Q1 2025 and sales volume totaled 26,795 tons in Q1 2026 compared to 47,829 tons in Q1 2025. • Allowance for expected credit losses declined to $0.02 million in Q1 2026 from $0.5 million in Q1 202
Slide 8: Q1 2026 financial statements
Q1 2O26 financial statements_ TSX: NPK 3 months ended 3 months ended All amounts in CAD $’000 %Δ Mar 31, 2026 Mar 31, 2025 Tons sold ‘000 27 48 (44%) Average Revenue per ton sold $ 62 59 5% Average Production cost per ton sold $ (23) (16) 44% Average Gross Profit per ton sold $ s 39 44 (11%) Gross M
Slide 9: Operational summary
Operational summary_ TSX: NPK All amounts in CAD $’000 Q1 2026 Q1 2025 %Δ Tons sold ‘000 27 48 (44%) Average Revenue per ton sold $ 62 59 5% Average Production cost per ton sold (23) (16) 44% Average Gross Profit per ton sold 39 44 (11%) Gross Margin 63% 73% N/A Operational summary – excluding freig
Slide 10: Sales, general and administrative expenses
Sales, general and administrative expenses_ TSX: NPK All amounts in CAD $’000, except percentages Q1 2026 Q1 2025 %Δ Sales expenses Sales and marketing expenses (642) (768) (16%) Fees paid to sales agents (85) (83) 2% Total Sales expenses (727) (851) (15%) General expenses General administrative exp
Slide 11: Minas Americas Global Alliance Rare Earths Project Overview
Minas Americas Global Alliance Rare Earths Project TSX: NPK | OTCQX: VNPKF Overview_
Slide 12: Rare Earths Project Investment Highlights
Rare Earths Project Investment Highlights_ 1 Strategic location: Our new rare earths project is based in Minas Gerais, Brazil, located near major cities, with excellent access to infrastructure and a skilled workforce and strong government support. District scale project: The new rare earths project
Slide 13: Drill Result Highlights
Drill Result Highlights_ 1 Recent drilling continues to show thick, high-quality rare earth mineralization near surface, including MAV_AD_0028 returning 10.0 m at 0.84% TREO including 5.0 m at 1.10% TREO, following the previously reported 13.0 m at 0.83% TREO including 8.0 m at 1.01% TREO. The miner
Slide 14: Project Infrastructure in Place
Project Infrastructure in Place_ The project’s mineralized zone lies within concessions that form part of Verde’s long held potash property package, where the Company has operated for over 15 years—a platform that materially reduces start up friction, specifically as it related to: 1 People: In hous
Slide 15: Upcoming Catalysts
Upcoming Catalysts_ 1 Continue resource definition drilling following Board-approved expansion of the resource definition footprint 2 Drilling program underway and expanding, with the drill-confirmed footprint now exceeding 3.5 km² and drilling ongoing across eight additional targets. 3 Ionic clay m
Slide 16: Q&A
May/2026 AGRITECH
Slide 17: Thank you
May/2026 Thank you_ AGRITECH