#1VERDE AGRITECH First Quarter 2020 Results Presentation May 27, 2020 TSX: NPK OTCQB: AMHPF Improving your health and the planet's health#2Disclaimer If you are risk averse don't buy our stock. Don't rely on anything on this presentation. VERDE AGRITECH This presentation contains certain forward-looking information, which includes but is not limited to, statements with respect to Verde AgriTech Plc's (the Company's) strategy, the commercial production of Super GreensandⓇ, K Forte, Silício Forte®, TK47 and Alpha ("Products"), design and building of a manufacturing facility, receipt of environmental permits, and the generation of cash flow. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to differ materially from the forward-looking information. Material risk factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the failure to obtain necessary regulatory approvals, risks associated with the mining industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), commodity price, demand for the products in Brazil, exchange rate fluctuations and other risk factors set out in the Company's most recently filed Annual Information Form under the heading "Risk Factors". Currently, the Products are commercially produced and sold in Brazil, but the Company has no concrete guarantee that it will be able to reach the sale of 25 million tonnes of Product in the market. Should commercial demand for the Products fail to develop, the Company's business model may not be appropriate. Accordingly, readers should not place undue reliance on such forward- looking information. Material factors or assumptions used to develop such forward-looking information include, but are not limited to, the demand for the Products in Brazil, the ability to secure necessary permits, the ability to secure financing, and other assumptions set out in the Company's current technical report. The Company does not currently intend to update forward-looking information in this presentation except where required by law. Total resources include all categories unless otherwise stated. The grades detailed in this presentation are conceptual in nature. The Company has filed on SEDAR a NI 43-101 compliant updated pre-feasibility study, published date December 22, 2017. All technical information should be reviewed according to this pre-feasibility study. Readers are cautioned not to rely solely on the summary of such information contained in this presentation and are directed to complete information posted on Verde's website (www.investor.verde.ag) and filed on SEDAR (www.sedar.com) and any future amendments to such. Readers are also directed to the cautionary notices and disclaimers contained herein. Potential investors should conduct their own investigations as to the suitability of investing in securities of Verde AgriTech Plc. 2#3Agenda Financial Highlights COVID-19 Business Response Development and Exploration Q&A Presented by Cristiano Veloso (Founder, President and CEO) & Felipe Paolucci (CFO). * All figures are in Canadian dollars, unless otherwise expressed. Exchange rate: 1.00 CAD = 3.31 BRL EAT CAT 3200 VERDE AGRITECH CAT Excavator in the mine pit. 3#4Financial Highlights VERDE AGRITECH#501 2020 Consolidated Results VERDE AGRITECH All amounts in CAD $'000 Q1 2020 Q1 2019 Variance Revenue 510 154 231% Production costs (331) (49) (576%) Gross Profit 178 105 70% Selling and General Administrative expenses (842) (561) (50%) Operating Profit/(Loss) before non-cash events (664) (456) (46%) Share Based Payments (Non-Cash Event)* (40) (384) 90% Depreciation and Amortisation (12) (12) 0% Operating Profit/(Loss) after non-cash events (716) (852) 16% Corporation tax (18) (8) (125%) Interest Income/Expense (58) (13) (346%) Net Profit/(Loss) (792) (873) 9% Although revenue increased by 231% in Q1 2020, Verde presented a Net Loss of 792,000. This was already expected in the budget, since Q1 is the low season for the fertilizers market in Brazil, due to the country's climate. Key variances and comments in the next charts, as follows. * Included under administrative expenses in the financial statements. 5#601 2020 Consolidated Results All amounts in CAD $'000 Tonnes sold Revenue per tonne sold $ Production cost per tonne sold $ Gross Profit per tonne sold $ Gross Margin Q1 2020 10,170 50 (33) 18 Q1 2019 1,093 141 (45) 97 35% 68% VERDE AGRITECH Revenue Production costs Gross Profit Gross Margin 510 154 (331) (49) 178 105 35% 68% Sales increased by 830% with a total of 10,170 tonnes, compared to 1,093 in Q1 2019. Revenue increased by 230% to $509,532, compared to $154,279 in Q1 2019. Gross Profit per tonne reduced because most of Q1 2019 sales were exported to international markets, where the product achieves higher Gross Margin per tonne compared to the domestic market. Overall export volume grew by 124%, but the export share on total sales was proportionally reduced. 6#7012020 Consolidated Results +830% Q1-2019 TONNES SOLD Export Domestic 01-2020 141 REVENUE PER TONNE 01-2019 -65% 50 01-2020 PRODUCTION COST PER TONNE -27% Sales Volume (t) 01 2019 % of Total 012020 % of Total Export 148 14% 331 3% 45 Domestic 945 86% 9839 97% 33 Total 1,093 10,170 Q1-2019 Q1-2020 VERDE AGRITECH 7#8Selling & General Administrative Expenses CAD $'000 Sales and marketing expenses Q1 2020 Q1 2019 (260) (115) General administrative expenses (219) (241) Distribution expenses (157) (25) Legal, professional, consultancy and audit costs (169) (162) IT/Software expenses (22) (5) Taxes and licenses fees (15) (13) Total S&GA (842) (561) 561 TOTAL S&GA 842 +50% VERDE AGRITECH Q1-2019 Q1-2020 8#9VERDE AGRITECH Selling & General Administrative Expenses • Sales and marketing expenses increased by 126% due to additional 23 sales and marketing professionals being hired in Brazil during 2019 as full time staff, in order to achieve the Company's 2020 goals. • Distribution Expenses increased in 2020, because Verde expanded CIF (Cost Insurance and Freight) sales to the domestic market as well as export sales, which increased by 124% (from 148 tonnes in Q1 2019 to 331 tonnes in Q1 2020), mainly to China. SALES AND MARKETING EXPENSES DISTRIBUTION EXPENSES 157 260 115 +126% 25 +528% 01-2019 Q1-2020 Q1-2019 Q1-2020 9#102020 Guidance VERDE AGRITECH Increasing Sales Profile Climate driven agricultural cycle: Most sales expected to take place from June to September. SALES VOLUME (TONNES) 100,000 Sales Volume per Quarter (Tonnes) Year Q1 Q2 Q3 Q4 Full Year - 80,000 2018 9,007 20,641 29,648 62,895 60,000 2019 1,093 23,600 62,895 32,221 119,809 40,000 2020 10,170 10,170 32,221 20,000 10,170 23,600 2020 Targets 1,093 01 02 03 04 Sales Volume 222,000 tonnes 2019 2020 Revenue R$ 32,000,000 85% growth expected in Full Year 2020 Sales Volume, compared to Full Year 2019. 76% growth expected in Full Year 2020 Revenue, compared to Full Year 2019. 10#11VERDE AGRITECH Liquidity and Cash Flows ⚫ Net cash generated from operating activities improvement of $1,063,000, mainly due to a decrease of $663,000 in receivables and an increase of $530,000 in payables, which reflects changes in working capital. Investing activities increase of $556,000, mainly related to investment in the factory expansion started in 2019 which were recognised during Q1 2020. • Net cash generated from financing activities decrease of $1,606,000 due to the issuance of a non-brokered private placement in March 2019. (356) Operating activities Investing activities (162) (718) 706 1828 Financing activities 222 (800) (300) 200 700 1,200 1,700 01-2019 01-2020 Cash received from/(used for) Q1 2020 Q1 2019 Operating activities 706 (356) Investing activities (718) (162) Financing activities 222 1,828 11 ===#12Strategy Solid Balance Sheet Ability to generate significant free cash flow. ⚫ Credit facilities totaling R$ 21.8 million approved by financial institutions in Brazil. Average interest rate: 1% per month. Reduced cash liquidity risk for 2020. Operational Improvement • ISO 9001 and 14001 implementation underway; certification audit expected for Q1 2021. • Focused on improving safety for our . workforce. SOLG VITORIA VE VERDE AGRITECH Wheel Loader used to load trucks with the Product and feed the production line. VER VERDE VER 12#13VERDE AGRITECH Agribusiness in Brazil Brazilian Institute of Geography and Statistics increases forecast of the agricultural harvest in 2020 to a record 247 million tonnes. According to the IBGE, rice, corn and soy are the three main foods of the Brazilian harvest and, together, they represent 92.6% of the production estimate and 87.4% of the area to be harvested.' Ministry of Agriculture estimates agricultural turnover for 2020 of R$ 697 billion, the best result obtained in 31 years. If confirmed, it exceeds the result of 2019 by 8.6%, which was also a record. 2 600 90 120 580 80 115 110 560 70 105 540 60 100 520 50 95 500 40 90 480 30 85 10-Mar 29-Apr 18-Jun 10-Mar 29-Apr 18-Jun 10-Mar 29-Apr 18-Jun Coffee Price (R$) Corn Price (R$) Soybeans Price (R$) Source: 1: https://q1.globo.com/economia/agronegocios/noticia/2020/05/12/ibge-aumenta-previsao-da-safra-agricola-em-2020-para-o-recorde-de-247-milhoes-de-toneladas.qhtml 2: https://g1.globo.com/economia/agronegocios/noticia/2020/05/13/governo-estima-faturamento-da-agropecuaria-para-2020-de-r-697-bilhoes-melhor-resultado-da-serie-historica.qhtml 3: https://www.cepea.esalq.usp.br/br 13#14Brazilian Real Devaluation and Federal Interest Rate From January to April 2020, the Brazilian Real devalued by 23% in relation to US Dollar' compared with the same period of 2019. Brazilian Federal Interest Rate (SELIC Rate) decreased from 6,5% to 3,0%² from May 2019 to April 2020, its lowest value ever. Interest rate reduction is an opportunity for lower interest rate for loans, to support the Company's cash flow operation. 55 5,3 5.1 4,9 4,7 4,5 4,3 4,1 3,9 3,74 3,73 3,7 35 3,85 3,89 Jan/19 Feb/19 Mar/19 Apr/19 May/19 Jun/19 Jul-19 USD/BRL Exchange Rate 1 USD = 5.48 BRL (May 25, 2020) Source: 1: https://www4.bcb.gov.br/pec/taxas/port/ptaxnpesq.asp?frame=1 2: https://www.bcb.gov.br/controleinflacao/taxaselic 4,34 4,15 VERDE AGRITECH 4,88 Aug/19 Sep/19 Oct/19 Nov/19 Dec/19 Jan/20 Feb/20 Mar/120 Apr/20 14 5,32#15COVID-19 Business Response VERDE AGRITECH#16COVID-19 Business Response • Fertilizer production falls under the food chain category and as such, the Brazilian government have confirmed there will be no restriction on trade for the Company 2020 plans moving forward intact • Low risk to the supply chain due to the simplicity of the operations • Factory in operation No confirmed cases of COVID-19 across Verde's operations or offices • Verde continues to operate under appropriate measures reflecting the latest government and regional health authorities' restrictions and guidelines VERDE AGRITECH Production Line Filters in the plant. 16 A#17VERDE AGRITECH COVID-19 Business Response Measures instituted across the company to help prevent the potential spread of COVID-19: Training on proper hand hygiene and self-protection Home office has been implemented for office staff since beginning of March • Mandatory use of Personal Protective Equipment for employees • Rigid camp and site hygiene protocols have been instituted and are being followed Social distancing practices have been implemented for all meetings, huddles and transportation • Elimination of all non-essential business travel Supplying hand sanitization and hygiene products throughout the property • Verbal and posted reminders about hygiene best practices 17#18Development & Exploration VERDE AGRITECH#19Permits Status - Last 12 Months Mine Pit Date Category Status Event 2 March 30, 2020 Environment Applied 2,500,000 tpy Preliminary and Installation License 2 March 26, 2020 Mining Approved 25,000,000 tpy Feasibility Study 3 March 25, 2020 Mining Applied 2,500,000 tpy Mining Concession Application 2 December 23, 2019 Mining Granted 100,000 tpy Mining Permit 1 September 19, 2019 Environment Applied 233,000 tpy Operating License 1 July 19, 2019 Mining Granted 233,000 tpy Mining Concession 3 July 16, 2019 Mining Granted 49,800 tpy Mining Permit 2 March 11, 2019 Mining Applied 50,000 tpy Mining Permit Application VERDE AGRITECH 19#20Permits Summary Verde is fully permitted to produce a total 199,800 tpy* and has applications pending for an additional 2,733,000 tpy. VERDE AGRITECH Mine Pit Fully Permitted to Produce (tpy) Mining (tpy) Environmental (tpy) Granted Pending Granted Pending 1 0 233,000 0 0 233,000 * 2 150,000 150,000 25,000,000 200,000 2,500,000 3 49,800 49,800 2,500,000 49,800 0 Total 199,800* 432,800 27,500,000 249,800 2,733,000 Verde can reach up to 285,000 tonnes production in 2020 due to 2019 unused mining quota. 20#21Environmental, Social and Governance • Verde's production process is sustainable, with no water or chemical consumption and no dams or waste generation. Recovery rate is 100%. • Mined area is mainly composed of degraded pasture, which is being transformed into tropical forest by Verde. Verde planted 4,300 trees in 2019 and will plant 5,019 more in 2020. Good Environmental Practices Award in 2019, in the category "Best Practice of Mineral Solid Waste Management". VERDE AGRITECH Tree in the mine pit. 21#22APPENDIX VERDE AGRITECH#23Our Directors Dr. Alysson Paolinelli Alysson Paolinelli holds a degree in Agronomy from the Federal University of Lavras (UFLA). He has held positions such as the Brazilian Minister of Agriculture, the President of the National Confederation of Agriculture, and the Secretary of Agriculture for Minas Gerais State. As the Minister of Agriculture, Dr. Paolinelli established the Brazilian Agricultural Research Corporation (EMBRAPA), the world's leading tropical agriculture research institution. Cristiano Veloso Cristiano Veloso holds a Business Management degree from the Management Training Technical School of SEBRAE, an LLB from the Federal University of Minas Gerais, and a Masters in International Business Law from the University of East Anglia, UK. VERDE AGRITECH 23#24Our Directors Getúlio Lamartine Getúlio Lamartine holds a degree in Economics from the Federal University of Minas Gerais (UFMG). He is a senior economist with over 40 years of government and consulting experience in the Brazilian resource, electrical and power generation sectors, having served as Deputy Minister of the Environment (Brazil) in 1994. Michael St Aldwyn Paulo Sergio R. Machado Michael St Aldwyn holds a Master's degree at King's College London in "Brazil in Global Perspective". He is an executive with strong connections with global investment markets and with long track record in Latin America. Michael served as Chairman of the Anglo-Brazilian Society from 1996-2002 and as a Director of BlackRock Latin American Investment Trust from 1996-2017. He is currently Chairman of Itacaré Capital Investment Ltd. Mr. Machado holds a degree in Mining Engineering and Geology from the Federal University of Minas Gerais (UFMG) and has spent his career developing and operating large mining projects. He has also acted a member of the Board of Directors of CEMIG, one of the largest and most important electric energy utilities in Brazil. Renato Gomes Renato Gomes holds an LL.B. from the Federal University of Minas Gerais (UFMG), an LL.M. from the London School of Economics, UK, and a PhD from Georgetown University, USA. Mr. Gomes is currently President and CEO of Atlantica Mining, which operate iron ore projects in Brazil. VERDE AGRITECH 24#25SupergreensandⓇ vs. Conventional Potash Year of Launch Nutrients: Super GreensandⓇ 2017 K, Mg, Mn, Fe, Si, Co and traces of 60 other minerals including all plant essential macro and micro nutrients Conventional (KCI) 1861 K and Cl VERDE AGRITECH Plant Nutrients concentration Salinity Product's losses in tropical soil Water Holding Capacity 77% 60% 0.17% 116% 0.3% 26% 103% 0 Organic Agriculture Approved Prohibited Impact on soil microorganisms Fosters Kills Retains ammonia Yes No Increases the soil's ability to retain water Yes No and other nutrients Provides Si, proven to increase plant resistance against pests, diseases and abiotic stress Yes No Market Size TBD Average distance traveled to Brazil 0 km (0 miles) 9 Million Tonnes (94% imported and 5,4% domestically produced) 10,000 km (6,2000 miles) 25#26Economic-Financial Analysis Analysis of the Project Item Description VERDE AGRITECH Year Unit -1 1 2 3 4 5 6 7 8 9 to 11 12 to 18 19 to 25 26 to 28 29 to 31 32 to 35 (average) (average) (average) (average) (average) (average) 36 1 Production 1.1 Final Product (dry basis) kt 609 611 5,032 5,007 5,034 5,010 25,021 24,995 25,689 25,156 25,156 25,156 25,156 25,156 25,156 2 Revenue 2.1 Total revenue 106 US$ 23.2 23.3 177.0 176.1 177.1 176.2 628.1 627.5 644.9 631.5 631.5 631.5 631.5 631.5 631.5 3 Production cost 3.1 Total 106 US$ 9.2 9.6 39.5 36.8 35.8 35.1 204.9 195.6 202.0 196.0 198.3 219.1 239.8 240.5 240.5 106 US$ 14 14 138 139 141 141 423 432 443 436 433 412 392 391 391 4 EBTIDA % 60% 59% 78% 79% 80% 80% 67% 69% 69% 69% 69% 65% 62% 62% 62% 5 Operating profit 106 US$ 14 14 138 139 141 141 423 432 443 436 433 412 392 391 391 6 Mining Royalties 106 US$ 0 0 4 4 4 4 13 13 13 13 13 13 13 13 13 7 Depreciation and amortization 106 US$ 0 0 2 2 2 2 35 35 35 35 0 0 0 0 0 8 Profit before income tax 106 US$ 13 13 132 134 136 136 376 384 395 388 421 400 379 378 378 9 Income Tax 106 US$ LO 5 4 45 45 46 46 128 131 134 132 143 136 129 129 129 10 Net profit 106 US$ 9 9 87 88 90 89 248 254 261 256 278 264 250 250 250 11 Royalty Finder's Fee 106 US$ 0.3 0.3 12 Initial Investments 106 US$ 3.1 17 329 13 Sustaining Capital 106 US$ 1.5 1.5 7.5 7.5 7.7 7.5 7.5 7.5 7.5 7.5 14 Working capital 106 US$ 2.3 -2 15 Cash Balance 106 US$ -3 6 -9 89 90 92 -239 281 281 288 283 270 256 243 242 239 16 NPV at 8% per year 106 US$ 1,988 17 IRR % 287% 18 Payback years 0.5 0.2 1.2 Source: NI 43-101 Technical Report - Cerrado Verde Project, Page 201. BNA Consultoria e Sistemas. 26#27VERDE AGRITECH investor.verde.aq | TSX: NPK | OTCQB: AMHPF