Investor Presentaiton

200 190 180 170 160 150 140 130 01/04/2022 Commodities prices in Brazil Soybeans (Paranaguá) price has declined by 33% over the past 12 months, with a significant drop of 21% in the last three months. Potash prices have significantly declined, with a 67% decrease over the past year, and a sharp 22% decline in the first three months of 2023. Soybeans price - Paranaguá (R$) 1 2 KCI CFR Brasil average spot price (US$)² TSX: NPK | OTCMKTS: VNPKF 17/05/2022 29/06/2022 10/08/2022 22/09/2022 07/11/2022 20/12/2022 Source: 1 - CEPEA - ESALQ / USP. Available at: https://www.cepea.esalq.usp.br/br/indicador/soja.aspx 2- Acerto Limited Report. 01/02/2023 17/03/2023 03/05/2023 со 0 600 400 200 abr/22 1200 1000 800 mai/22 jun/22 jul/22 ago/22 set/22 out/22 nov/22 dez/22 jan/23 fev/23 mar/23 abr/23 mai/23 6

View entire presentation