#1INVESTOR PRESENTATION AFRICA DOWN UNDER 2021 Minbos Resources Limited Minbos Resources Limited (ASX:MNB) ("Minbos" or "the Company") is pleased to provide the following investor presentation which will be given later today at the Africa Down Under Conference being held at the at the Pan Pacific, Perth, Western Australia. Minbos Chief Executive Officer, Mr. Lindsay Reed, will be presenting at 4.45pm (AWST). The Presentation can also be viewed live on Paydirt TV: https://www.youtube.com/channel/UCUgVBIGvMKQj0K3m1A40A6A/featured Following the event, the Presentation will be available on the Company website: minbos.com This announcement has been authorised for release by the Board of Minbos Resources. For further information, please contact: Chris Swallow Corporate Development E: [email protected] Ph: +61 412 174 822 ASX Code: MNB Office: Suite 1, 245 Churchill Avenue, Subiaco WA 6008 T: +61 8 6270 4610 E: [email protected] W: www.minbos.com ABN: 93 141 175 493 1#2THE ROCK THAT STARTS A NATION AFRICA DOWNUNDER - SEPTEMBER 2021 Minbos Resources Limited#3COMPETENT PERSON'S STATEMENT The Competent Person with responsibility for the total Mineral Resources of this report is Mrs Kathleen Body, Pr. Sci. Nat, who is an employee of Red Bush Analytics. Mrs Body was a full time employee of Coffey Mining at the time the original Mineral Resource estimation was completed in 2013. Mrs Body has 25 years' experience in the mining industry and has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves. Kathleen Body consents to the inclusion in the report of the matters based on his/her information in the form and context in which it appears. The information in this announcement that relates to the Mineral Resources contained within the Production Target, complies with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) and has been compiled, and assessed by Mr Ross Cheyne BEng (Hons), Mining, a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM) and Technical Director at Orelogy Mine Consulting Pty Ltd, consultants to the Company. Mr Cheyne has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the JORC Code. Mr Cheyne is the competent person for the Mineral Resources contained within the Production Target and the Production Target itself and has relied on provided information and data from the Company, including but not limited to the Resource model and database. Mr Cheyne consents to the inclusion in this announcement of matters based on his information in the form and context in which it appears. DISCLAIMER Some of the statements appearing in this announcement may be in the nature of forward-looking statements. You should be aware that such statements are only predictions and are subject to inherent risks and uncertainties. Those risks and uncertainties include factors and risks specific to the industries in which Minbos operates and proposes to operate as well as general economic conditions, prevailing exchange rates and interest rates and conditions in the financial markets, among other things. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement. No forward-looking statement is a guarantee or representation as to future performance or any other future matters, which will be influenced by a number of factors and subject to various uncertainties and contingencies, many of which will be outside Minbos's control. Minbos does not undertake any obligation to update publicly or release any revisions to these forward looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of Minbos, its Directors, employees, advisors or agents, nor any other person, accepts any liability for any loss arising from the use of the information contained in this announcement. You are cautioned not to place undue reliance on any forward-looking statement. The forward-looking statements in this announcement reflect views held only as at the date of this announcement. This announcement is not an offer, invitation or recommendation to subscribe for, or purchase securities by Minbos. Nor does this announcement constitute investment or financial product advice (nor tax, accounting or legal advice) and is not intended to be used for the basis of making an investment decision. Investors should obtain their own advice before making any investment decision. Minbos Resources Limited ASX:MNB | 2#4M Our Vision TO BUILD A HIGH-IMPACT NUTRIENT PRODUCTION & DISTRIBUTION BUSINESS FOR CENTRAL AFRICA#5HIGH IMPACT FERTILIZER BUSINESS NUTRIENT BUSINESS WITH INHERENT ESG CONTRIBUTION 容 Cabinda Phosphate Project NPK Blending & Distribution Zero-Carbon Green Ammonia' IFDC AFFPP Program Zero-Carbon Green Ammonia forms part of the Company's NPK for Angola Strategy, targeting local production of all primary nutrients for NPK fertilizer. PRIMARY NUTRIENTS CARBON HYDROGEN OXYGEN NITROGEN (N) PHOSPHORUS (P) POTASSIUM (K) Minbos Resources Limited SECONDARY NUTRIENTS... SULFUR MICRONUTRIENTS Boron, copper, molybdenum, zinc, chlorine & manganese CALCIUM MAGNESIUM ASX:MNB | 4#6CABINDA PHOSPHATE PROJECT HIGH-GRADE PHOSPHATE ROCK FERTILIZER Phosphate Granulation Plant Cácata Phosphate deposit 6.5Mt @ 30% P₂O5' * Phosphate Rock trucked to Futila Granulation Plant Futila Industrial Zone has access to stable grid power, the water network, gas and diesel Close to the Ports of Caio and Cabinda for regional shipping Surging Phosphate price (US$780/tonne) Porte de Caio Cabinda Port Cabinda Phosphate Project Scoping Study (26 August 2020) Airport Granulation Plant site Futila 65km sealed dual carriageway to futila Minbos Resources Limited Cacata Mining License Area ASX:MNB | 5#7FUTILA GRANULATION PLANT FLEXIBLE PRODUCTION STRATEGY Minbos Resources Limited Phosphate rock Water soluble phosphate * Secondary nutrients Micronutrients Minbos Rece#8NPK FOR ANGOLA BRAZIL-STYLE GROWTH POTENITAL "Fertilizer sector development is a national priority. It requires commercial investments in phosphate mining and fertilizer production capacity, expertise to develop the national fertilizer market to boost productivity" Rob Groot, IFDC Director of Commercial developments International Fertilizer Development Center, Angola Fertilizer and Farm Productivity Program Presentation, Luanda (5 August 2021) Minbos Resources Limited GROW TO EAT • 1-5yr market potential: 200,000Mti Expand to 1M smallholders within 5 years GROW TO SELL Existing and commercial farm sector 5-10yr market potential: 400,000Mt/ GROW TO EXPORT Mega farms on infrastructure corridors 10yr market potential: +650,000Mt'#9NPK DISTRIBUTION CORRIDORS Cabinda Corridor DRC & ROC Malanje Corridor Grow to Export Benguela Corridor Grow to Eat GABON Pointe-Noire REPUBLIC OF THE CONGO Cabinda Matadi Luanda Cuanza Sul Grow to Sell Namibe Corridor Grow to Eat Namibe Lobito Kinshasa ANGOLA Minbos Resources Limited DEMOCRATIC REPUBLIC OF THE CONGO Diamond Mines Copper Mines ● Kolwezi ZAMBIA ASX:MNB | 8#10BENGUELA - NAMIBE CORRIDORS GROW TO EAT IFDC AIMS TO INCREASE Luanda SMALLHOLDER YIELDS BY 3 TIMES. Benguela Lobito (+ Corridor 3 Million Smallholder Farmers Namibe EX Corridor Namibe (+ ANGOLA Minbos Resources Limited ● Kolwezi E ZAMBIA ASX:MNB | 9#11MALANJE CORRIDOR GROW TO EXPORT Malange Corridor Luanda f A Analogous to Brazil Cerrado Same latitude, same rainfall, 1500km closer to the port, and closer to Asian markets. Namibe Diamond Mines Copper Mines Lobito Hydro Power Stations 6 Million Hectares of Underutilised Land Minbos Resources Limited ASX:MNB | 10#12ANGOLAN HYDRO POWER LARGE SCALE HYDRO TO PROPEL ANGOLAN ECONOMY Minbos Resources Limited 1000MW of unutilized hydropower available now in the Malange Corridor.' $US15/MWhr base tariff with concessions available for ammonia industry formation. Ammonia production in the middle of a growing agriculture and mining region. Locally produced ammonia eliminates the cost of shipping, ports and thousands of kilometres of land transport. The International Hydropower Association, 2021 Hydropower Status Report (June 2021) ASX:MNB 11#13AMMONIA - BY THE COLOURS.... GREY BLUE TURQUOISE GREEN Hydrogen from steam reformation of methane Hydrogen from steam reformation of methane Minbos Resources Limited Hydrogen from pyrolysis of methane Hydrogen from electrolysis of water powered by renewable energy Zero CO₂ emissions Emits CO₂ Sequesters CO₂ Low CO2 emissions#14ZERO-CARBON GREEN AMMONIA 100-YEAR-OLD TECHNOLOGY USING WATER, AIR & HYDROPOWER Hydrogen is produced from water using electrolysis Nitrogen is produced from air by refrigeration Ammonia is produced from the Hydrogen and Nitrogen using the Haber-Bosch process Ammonia is the feedstock for Nitrogen Fertilizers, Mining Explosives and a store of Hydrogen Energy Water :0:0: Electrolysis H₂ Hydrogen Minbos Resources Limited Air Sustainable electricity Separation HABER- BOSCH PROCESS N Nitrogen Ammonia ASX:MNB | 13#15ANGOLA'S AGRICULTURAL POTENTIAL VAST TRACTS OF UNOCCUPIED ARABLE LAND MAP AREA 31M population 57M ha arable land 5M ha cultivated land CAMEROON POPULATION (M): 15.40 NPK USE (KG/HA): N/A* 1000-1500mm of rain per year 3 million farm households (~1-2 hectares) 95% smallholder farming 100% of fertilizers is imported EQUATORIAL GUINEA POPULATION (M): 1.30 NPK USE (KG/HA): N/A* SÃO TOMÉ & PRINCIPE POPULATION (M): 2.10 NPK USE (KG/HA): 29.56 GABON POPULATION (M): 2.10 NPK USE (KG/HA): 29.56 ANGOLA WAS ONE OF AFRICA'S LEADING FARMING NATIONS: World's fourth largest coffee producer Exporter of sisal, sugarcane, banana, cotton *Self-sufficient in all food crops except wheat CONGO REPUBLIC POPULATION (M): 5.20 NPK USE (KG/HA): 2.06 Sources: World Bank Group, Country private sector diagnostic, Creating Markets in Angola (May 2021) CHAD POPULATION (M): 15.40 NPK USE (KG/HA): N/A* CENTRAL AFRICAN REPUBLIC POPULATION (M): 15.40 NPK USE (KG/HA): N/A* DEMOCRATIC REPUBLIC OF THE CONGO POPULATION (M): 84.00 NPK USE (KG/HA): 1.13 ANGOLA POPULATION (M): 30.80 NPK USE (KG/HA): 7.46 ASX:MNB | 14#16FERTILIZER USE IN ANGOLA LAGS MOST OF AFRICA NO PRIMARY OR LOCAL MANUFACTURING OF FERTILIZER Minbos Resources Limited Brazil Netherlands 261 250 India 171 Zambia 67 Kenya 52 Ghana 36 Ethiopia 33 Zimbabwe 32 Malawi 31 Mali 24 Côte d'Ivoire 23 Nigeria 17 Burundi 16 Sub-Saharan Africa 15 Tanzania 14 Cameroon 10 Burkina Faso 9 Angola 7 Mozambique Uganda 2 b Niger | 1 Source: FAOSTAT (kg(nutrients)/ha) IFDC#17ANGOLA FERTILIZER & FARM PRODUCTIVITY PROGRAM ESG-INTENSIVE DOMESTIC OFFTAKE Proposed cooperation between the IFDC, Minbos & the Angolan Government ↑↓ Produce fertilizers from local resources Strong Government policies to support fertilizer sector Build farmer knowledge on fertilizer use & soil fertility management Develop input & output markets Minbos Resources Limited#18PROJETO PEQUENO, GRANDE IMPACTO Minbos Resources Limited "THE BEST WAY TO MAKE A DIFFERENCE IS TO HELP SOMEONE ELSE MAKE A LIVING." IFDC GROW TO EAT GROW TO SELL LINDSAY REED CEO - MINBOS RESOURCES LTD GROW TO EXPORT