Investor Presentaiton

KCl CFR Ports delivered to the farmer The table below shows a breakdown of KCI CFR Ports price delivered to the farmer in Brazil. (+) (+) (+) (+) (+) KCI CFR Brazilian Ports Marine brokerage and (US$/t) insurance (US$) Demurrage and Storage (port costs) (US$/t) ¹ 1,2 Freight from the port to Blender/dealer's costs the blender (US$/t) 2,3 (US$/t) Blender/dealer's margin (US$/t) (+) (=) Freight from the blender to the farm (US$/t) KCl's price delievered to the farmer (US$/t) 100 1 51 35 25 22 29 263 200 300 23 2 52 35 25 35 29 378 53 53 36 25 47 29 493 400 4 54 37 25 59 29 608 500 5 55 38 25 72 29 723 The analysis is based on the following assumptions: 0.8% rate charged for brokerage and 0.17% rate charged for insurance rate, according to KCI CFR Ports price, 25% rate charged for sea freight, US$25 (blender / dealer costs) + 12% (from KCl delivered to the blender) rate charged by blender/dealer, which includes taxes and profit margin (source Tec-Fértil). Diesel price = US$1.08. Currency exchange rate: US$1.00 = R$5.25. 1 - Port costs weighted average include storage plus stevedorage and other related charges. 2 - Source: Acerto Limited Report, as of December 12, 2022. 3- The variation in freight from the port to the blender is due to a 1% charge (from KCI CFR Ports price) regarding transportation losses and damages (source Tec-Fértil). TSX: NPK OTCMKTS: VNPKF со 33

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