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Investor Presentaiton

Logistics FOB vs CIF (tonnes) Sales Channels (% of total sales) 250,000 70% 59% 202,255 60% 53% 200,000 50% 150,000 107,816 100,000 73,348 64,722 50,000 34,468 137,533 40% 37% 32% 30% 20% 9% 10% 0 0% Q2 2023 Q2 2022 FOB CIF ■Total Q2 2023 ■Direct Sales Sales Agents Q2 2022 Distributors . Volume Sales FOB CIF Total YOY (47%) (47%) (47%) 9% The sales channels mix between had a reduction of 6% in Q2 2023, which was offset by a 5% increase in sales made through sales agents. The volume sold as CIF by the Company as a percentage of the total sales in Q2 2022 remained stable at 68% during Q2 2023. • Product delivery freight expenses decreased by 47% in Q2 2023, to $3,723,000 compared to $7,040,000 in Q2 2022. . Average freight cost per tonne remained stable in Q2 2023 compared to Q2 2022, at approximately C$34.50. TSX: NPK OTCMKTS: VNPKF со 18
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