Verde Agritech Ltd · TSX:NPK
Verde Agritech — FY2025 Earnings Presentation
17 slides from Verde Agritech's earnings presentation, March 2026
Slide 1: Q4&FY 2025 Earnings Results
Q4&FY 2025 Earnings Results March 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 16.00% 15.00% 14.00% 14.25% 13.75% 13.75% • On March 18, 2026, the Central Bank of 12.00% 12.50% 12.25% 12.50% 10.75% 11.75% Brazil reduced the Selic to 14.75% from 11.00% 10.50% 10.00% 10.00% 15.00%, but financing conditions remain 9.25% 10.
Slide 5: Brazilian agricultural market
Brazilian agricultural market_ TSX: NPK Agribusiness judicial recovery requests 2500 1990 2000 • Brazil’s agricultural input market remained under significant 1500 financial pressure throughout 2025. Serasa Experian reported 1272 +56.4% 1,990 agribusiness judicial recovery requests in 2025, up 56.4%
Slide 6: Q4 & FY 2025 results
Q4 & FY 2025 results_ AGRITECH
Slide 7: Fourth Quarter And Full Year 2025 Financial Highlights
Fourth Quarter And Full Year 2025 Financial Highlights_ TSX: NPK FY 2025 was a year of disciplined credit-risk management in a highly stressed Brazilian agricultural input market. Q4 2025 provided early evidence of improved commercial quality, with higher revenue per ton and materially lower expecte
Slide 8: Q4 & FY 2025 Financial and Operational Results
Q4 & FY 2O25 Financial and Operational Results_ TSX: NPK All amounts in CAD $’000 Q4 2025 Q4 2024 %Δ 2025 FY 2024 FY %Δ Tons sold ‘000 45 48 (6%) 258 319 (19%) Average Revenue per ton sold $$ 68 60 13% 64 68 (6%) Average Production cost per ton sold $ (25) (21) 19% (18) (20) (10%) Average Gross Prof
Slide 9: Operational summary
Operational summary_ TSX: NPK All amounts in CAD $’000 Q4 2025 Q4 2024 %Δ 2025 FY 2024 FY %Δ Tons sold ‘000 45 48 (6%) 258 319 (19%) Average Revenue per ton sold $ 68 60 13% 64 68 (6%) Average Production cost per ton sold $ (25) (21) 19% (18) (20) (10%) Average Gross Profit per ton sold $ 43 39 10%
Slide 10: Sales, general and administrative expenses
Sales, general and administrative expenses_ TSX: NPK All amounts in CAD $’000, except Q4 2025 Q4 2024 %Δ 2025 FY 2024 FY %Δ percentages Sales expenses Sales and marketing expenses (735) (740) (1%) (2,986) (3,246) (8%) Fees paid to sales agents (78) (102) (24%) (476) (440) 8% Total Sales expenses (81
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: March/2026 Q&A
March/2026 Q&A_
Slide 17: Thank you
March/2026 Thank you_