Slide 1: Fast Tracking the Development of the Banio Potash Project
P O T A S H CORPORATE PRESENTATION 2026 FAST TRACKING THE DEVELOPMENT OF THE BANIO POTASH PROJECT TSX-V: MLP | OTCQB: MLPNF | FRANKFURT: X0D
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This Presentation includes, and is based on, forward-looking information and statements including “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act. These Forward-Looking Statements include references to or assump
Slide 3: Our Vision and Strategy
OUR VISION AND STRATEGY MARKET VISION STRATEGY VIEW EXECUTION Potash – Develop quality potash Strong team to build the Fertilizer critical assets with low-cost project: right industry, to Food security structure and good right country, right infrastructure project TSX-V: MLP | OTCQB: MLPNF | FRANKFU
Slide 4: Potash – Critical Mineral to Global Food Security
POTASH – CRITICAL MINERAL TO GLOBAL FOOD SECURITY Indispensable Fertilizer Growing Demand in Africa, for crop yields Asia and Latin America - little or no local Potash production Geostrategic Risks – Russia, Belarus, Israel and Jordan Producing 40% of Global Potash TSX-V: MLP | OTCQB: MLPNF | FRANKF
Slide 5: Potash – Now on U.S. Critical Mineral List
POTASH – NOW ON U.S. CRITICAL MINERAL LIST • The U.S. has added potash (potassium) to its Critical Minerals list as it imports 97% of it’s requirements for domestic agriculture. Primarily sourced from Canada the U.S. the supply is vulnerable to disruption, and the U.S. may seek to lessen its relianc
Slide 6: US DFC Backed Large Potash Deposit with Low-Cost Economics
US DFC BACKED LARGE POTASH DEPOSIT WITH LOW-COST ECONOMICS DFS Initiated 275% Increase in Measured Strong Team Track-Record: United States DFC PEA Completed: and Indicated Resource: Over C$3 Billion in M&A Strategic Partnership: exits: After-tax NPV (10): $1.07 Billion Covering only 3.5% of the proj
Slide 7: Millennial Expands Property by 20%
MILLENNIAL EXPANDS PROPERTY BY 20% • Haute Banio exploration permit covers 261.39 km2 MLP now holds approximately 1,500 km2 of exploration ground covering a significant portion of the potash basin in Gabon. • Contiguous with Mayumba exploration permit, covers a gap between the Mayumba permit and the
Slide 8: 275% Increase in Measured and Indicated
275% INCREASE IN MEASURED AND INDICATED: +100 meters thick cumulative potash Updated NI 43-101 compliant Mineral Resource Estimate completed Q4 2025 based on 4 potash specific drillholes covering a small part of the North Target. Resources include carnallitite and sylvinite at North Target only, Sou
Slide 9: Substantial Upside for Resource Expansion
SUBSTANTIAL UPSIDE FOR RESOURCE EXPANSION Approximately 96% of Licenses Unexplored Significant Resource Outlined on Only 3.5% of Licenses M+I = 2.45B Tonnes @ 15.6% KCl Inferred = 3.56B Tonnes @ 15.6% KCl TSX-V: MLP | OTCQB: MLPNF | FRANKFURT: X0D 9
Slide 10: US DFC Strategic Development Financial Support - Banio Potash Project
US DFC STRATEGIC DEVELOPMENT FINANCIAL SUPPORT- BANIO POTASH PROJECT • US International Development Finance Corporation (DFC) has committed up to USD $3M (approx. CDN $4.08M) in project development funding for Banio in the form of a no-interest, conditionally repayable loan • Political Support: DFC
Slide 11: Right Management Team – Replicating Past Success
RIGHT MANAGEMENT TEAM – REPLICATING PAST SUCCESS Most Recent Exits: Millennial Lithium (TSXV: ML - $490M), Allana Potash (TSX: AAA - $170M), Potash One (TSX: KCL - $430M) Farhad Abasov, MBA Jason Wilkinson M.Sc. Paul Matysek, M.Sc. Rick Lacroix, B.Sc. Chairman, Director Chief Executive Officer Senio
Slide 12: Gabon, Solid Jurisdiction
GABON, SOLID JURISDICTION • Stable country with low sovereign risk, 3rd highest per capita GDP in Africa; joined the British Commonwealth (June 2022) • Transparent mining jurisdiction, proactive in diversification from mainstay oil and gas industries • Recently revised investor-friendly mining law •
Slide 13: A Proven Potash Basin
A PROVEN POTASH BASIN • The Millennial Potash Project covers approx. 1,500 km2 and is located approx. 450 km south of Libreville along the Atlantic coast of Gabon • West Africa Potash Basin is a proven potash basin • Previous operator completed 3 potash core drillholes in 2017 at the North Target in
Slide 14: Phase 1,2,3 Drilling – +100m of Potash Thickness
PHASE 1,2,3 DRILLING – +100M OF POTASH THICKNESS Phase 1-2 drill program completed with the extension of BA-001, BA-002 ,and new holes BA-004 and 006. Phase 3 drilling, BA—005,007, 008 underway to expand resource west of current drilling and potentially convert Inferred resources to Indicated and Me
Slide 15: Proven Solution Mining Method – Advantages
PROVEN SOLUTION MINING METHOD – ADVANTAGES • Several solution mining potash operations in Canada and Germany, proven technology • Environmentally friendly, smaller surface footprint • Lower CAPEX, Sustaining CAPEX and OPEX • Highly amenable to modular development TSX-V: MLP | OTCQB: MLPNF | FRANKFUR
Slide 16: Strong Preliminary Economic Assessment: North Target
STRONG PRELIMINARY ECONOMIC ASSESSMENT: North Target DCFM yielded robust results including: Line Item Unit ➢ $1.07B after-tax NPV(10) and 32.6% IRR ➢ $480M initial CAPEX estimate Production Rate MOP t/a 800 k TPY ➢ $62M Contingency ➢ $61/T gMOP OPEX Total Initial CAPEX US$ million 480 Capital Intens
Slide 17: PEA – Millennial Stands Out in the Sector
PEA – MILLENNIAL STANDS OUT IN THE SECTOR When compared to its peers, Capital Intensity for project construction shows that Banio is at the very low end of the cost curve *Source: Company reports and websites, data sources vary from PEA to DFS, BMO Capital Markets Banio demonstrates Lower Operating
Slide 18: Local Infrastructure Summary
LOCAL INFRASTRUCTURE SUMMARY Road access to Mayumba and then easy boat/barge access to site Exploration camp for 50 people, power generation, and air-conditioned accommodation, workshop and offices Grande Mayumba constructing new port at Mayumba with storage/ industrial park to service mining and ag
Slide 19: Infrastructure Build Up – Port Development Progressing
INFRASTRUCTURE BUILD UP – PORT DEVELOPMENT PROGRESSING PORT DEVELOPMENT PHASES: • Phase 1 – Completed April 2025 - 130m quay - 10 ha logistics area - Can support barges and LCTs with draft of 3m ~ 1,000t - Completed and in use, barges with turbines for the natural gas power plant delivered mid-April
Slide 20: Infrastructure – Power Build Up Underway
INFRASTRUCTURE– POWER BUILD UP UNDERWAY • Government of Gabon, Perenco Oil and Gas Gabon (POGO) and Gabon Power Company sign MOU to construct thermal power plant in Mayumba. • Thermal power plant is now operational (Jan. 2026) at 8.5MW and can ramp up to 50MW. • A 20 KV distribution line and a trans
Slide 21: Millennial Initiates DFS and ESIA
MILLENNIAL INITIATES DFS AND ESIA • Millennial has initiated an AACE Class 3 Definitive Feasibility Study on its Banio Potash Project based on its recent MRE update. • The DFS mining plan for the Banio Potash Project will build from the PEA’s production scenario of 800,000 Tonnes Per Year (TPY) and
Slide 22: Significant Advantages in Potash Markets
SIGNIFICANT ADVANTAGES IN POTASH MARKETS MAIN FOCUS IS ON AFRICA Russia and Belarus produce almost 35% of global potash, Canada produces about 30% Millennial Potash advantages include to proximity to major potash Brazil remains a significant importer markets; shipping time particularly to of MOP, 12
Slide 23: Millennial Potash Development Plan
MILLENNIAL POTASH DEVELOPMENT PLAN Phase 1-2 drilling completed Q4 2025. MRE update completed Feasibility Study and ESIA initiated end of Q4, 2025 Phase 3 drilling , followed by another MRE, marketing studies and permitting. Completion of a positive Feasibility Study and ESIA to be followed by stage
Slide 24: Millennial Potash Capital Structure
MILLENNIAL POTASH CAPITAL STRUCTURE TSX-V: MLP Structure Share Capital | OTCQB:– MLPNF Board, Aug 2026| Frankfurt: X0DManagement, Other Insider Ownership > 40% Price Shares Cash (Jan. 2026) Issued and Outstanding Common Shares 123,108,123 ~$30,000,000 Warrants: Expiring 2026 $0.40 1,983,000 Expiring
Slide 25: Millennial Potash Research Coverage
MILLENNIAL POTASH RESEARCH COVERAGE Mike Kozak Millennial Potash Corp. Equity Research Analyst, Metals & Mining Ranked 3rd on the 2026 TSX Venture50 TSXV, a ranking of the top- performing companies in Justin Chan 2025. Head of Research 950% Share Price Appreciation 1405% Market Cap Growth Sid Rajeev
Slide 26: Millennial Potash Project – Investment Opportunity
MILLENNIAL POTASH PROJECT– INVESTMENT OPPORTUNITY Robust potash project with positive US DFC provides financial Ideal time to invest in the PEA indicating CAPEX at $480M, OPEX support for Feasibility Study potash sector as global supplies at $61/T for 800K T/Y MOP, plus and political support for the
Slide 27: Have Questions?
HAVE QUESTIONS? GET IN TOUCH WITH MILLENIAL POTASH CORP. Millennial Potash Corp. Suite 300 – 1455 Bellevue Ave. West Vancouver, BC Canada V7T1C3 E-Mail: info@millennialpotash.com Website: www.millennialpotash.com Farhad Abasov – Chairman Email: Farhad@millennialpotash.com Jason Wilkinson – Chief Exe