Investor Presentaiton

VERDE 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

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