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Investor Presentaiton

Year-end stocks of fertilizers in Brazil The YoY increase in the remaining stocks of KCl and overall fertilizers in Brazil by 23% and 16%, respectively, demonstrates a lower demand for these products over the year. Year-end stock in Brazil ('000 tonnes) 2,148 KCl 1,740 Fertilizers 8,441 7,274 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 12022 2021 Source: Brazilian Fertilizer Mixers Association (from "Associação Misturadores de Adubo do Brasil", in Portuguese). CORPORATE PRESENTATION - TSX: NPK | OTCMKTS: VNPKF со 8 00
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