Investor Presentaiton

26 Q&A QUESTIONS Inventory levels at the end of June 30, 2021 were reported at $727,000 versus $567,000 in 2020. How much of this represented finished product ready to be sold (at approximately $15.57 per tonne), versus raw material awaiting processing (at approximately $0.24 per tonne)? Sulphur additons to greensand - how is that working out? Is this Sulphate of Potash (SOP) v MOP? Assuming the inventory was mostly finished product at $15.57, this works out to a finished goods inventory of about 46,700 tonnes. This would increase the Q3 sales capacity to approximately 196,700 tonnes assuming a 50,000 tonne per month maximum current production capacity. Based on production and sales during the 56 days of Q3 already known, are you on track to break the 150,000 tonne level by the end of Q3. While overall revenue growth looks very exciting, a lot of this seems to have come out of pricing. Any additional comments you want to provide on the 35% underlying growth in tonnage sold? Hi Cris - It's undeniable that your products are leaps and bounds above traditional potash on a health/environment perspective, and that in itself should be enough to get farmers interested in trying your product. Sadly, some farmers may be strictly motivated by cost. Given your geographically advantage over imported product, have you considered a strategy of undercutting your competitors price? Of course this may not be relevant until such time that you have excess capacity... The time and expense spent on logistics management - transporting the product to farmers doorstep, selling on CIF basis - does this provide any competitive advantage versus selling it FOB basis? What are your thoughts on offering your product at a small discount (say pegged at 5% below the Potash price), with slightly lower margins replaced by increased farmer uptake and faster and higher growth profits. BHP is proceeding with the Jansen Sask project. Of course many years will pass before this potash will hit in the market. Will increased global output be an impact to Verde? VERDE AGRITECH

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