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Investor Presentaiton

Potash demand in Brazil In 2022, Brazil's 30-year trend of increasing potash consumption was disrupted. A 15% decrease in KCl consumption YoY led to a reduction of 10% in KCl imports and a 13% decrease in Brazilian KCl production. K2O consumption in Brazil per year (million tonnes) 2,3 8.00 7.72 7.00 6.00 5.00 4.00 3.00 2.00 K20 Consumption (million tonnes) 2.71 3.99 KCl production, imports and consumption ('000 tonnes) 2,000 4,000 6,000 6,000 8,000 10,000 12,000 14,000 1 6.57 335 Nacional production 290 1.20 1.00 0.00 1990 2000 2010 2021 2022 Year Imports Consumption 2021 2022 Source: 1 - Brazilian Fertilizer Mixers Association (from "Associação Misturadores de Adubo do Brasil", in Portuguese) 2- Brazilian potash consumption, Statistical Yearbook of the National Association for the Dissemination of Fertilizers ("ANDA", from Associação Nacional para Difusão de Adubos) 3- Brazilian Fertilizer Mixers Association (from "Associação Misturadores de Adubo do Brasil", in Portuguese). CORPORATE PRESENTATION - TSX: NPK | OTCMKTS: VNPKF со 12,529 11,288 12,868 10,948 6
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