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Investor Presentaiton

2022 Market Overview Brazilian KCl imports ('000 tonnes) 1 1600 1400 1200 1000 800 600 400 200 0 January February March April May June 2021 2022 2023 July August September October CORPORATE PRESENTATION - TSX: NPK | OTCMKTS: VNPKF November December 1400 1200 1000 800 600 400 200 0 January 2 KCI CFR Brasil average spot price (US$)² February March April May June July August February 2022: Russo-Ukrainian war onset. March-July 2022: 154% surge in the average price of potash YoY, combined with a 45% increase in potash imports YoY by Brazil. March 2023: 47% decrease in 2022 average KCl price, compared to the current price. Sources: 1 - Brazilian Comex Stat, available at: http://comexstat.mdic.gov.br/en/geral 2- Acerto Limited Report. со 2021 2022 2023 September October November December S
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