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OPENING Safe Harbour & Call Agenda Forward-Looking Statements This call includes forward-looking information regarding production ramp-up, facility commissioning, licensing arrangements, future capacity, margins, market opportunities and outlook. Actual results may differ materially. Please refer to the Company’s filings on SEDAR+ for risks and assumptions. All dollar amounts are Canadian dollars unless otherwise noted. 1. Company Overview Replenish, its history, & the platform 2. Q2 Financials Q2 results & operating context 3. SRC Investment Strategic rationale & support 4. Outlook Facilities, capacity, & milestones Replenish Nutrients | Q2 2026 Financial Results 02
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The Result Healthier soil, resilient crops, a cleaner environmental footprint, and a more sustainable, profitable business model for farmers Key Differentiators Our proprietary, patented, zero-waste, pH-balanced, chemical-free manufacturing process preserves and enhances microbial life in every granule and pellet Core Philosophy We create regenerative biofertilizers that provide a balanced mix of essential macro / micronutrients and beneficial biological material, prioritizing soil health and resilience Replenish Nutrients | Q2 2026 Financial Results 03 COMPANY INTRO Our Technology Rebuilds the Soil Ecosystem for Sustainable Profitability
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COMPANY INTRO Eight Years Building the Foundation Field validation and grower education Rock phosphate, sulfur, potash, compost Patented granulation & pelletization Dealer, agronomist, & farmer relationships Replenish Nutrients | Q2 2026 Financial Results 04 Product Efficacy Validated by Science, Proven in the Field Supply Chain Process & IP Distribution
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Replenish Nutrients | Q2 2026 Financial Results 05 1 Distributor Demand Relationships built over years Independent dealers, distributors and co-operatives are already engaged Agriculture is relationship-driven; trust takes years to build Established channels create a base for incremental volumes 2 Farm-level Demand Nutrients farmers already buy Farmers already buy potassium, sulphur, phosphorus and other nutrients every year Replenish adds soil-health and biological benefits without forcing a new fertility program Higher granulated sales and repeat demand show adoption is building 3 Capacity Follows Pull Production matched to sell-through Beiseker, Colony, MJ Ag, FUE and the 150k- tonne expansion add capacity against visible market pull The goal is to avoid building inventory ahead of demand The next phase is filling capacity with repeatable commercial demand COMMERCIAL DEMAND Demand-Led Scale Capacity is being added against established distributor and farmer demand - not simply because Replenish can produce more
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FINANCIALS Q2 2026 Transition Quarter, Stronger Operating Signals Revenue decline was expected and reflects the transition from blended fertilizer sales to commercial- scale granulated and pellet production. +1,200 t Granulated Sales vs Q2 25 +1,600 t YTD Granulated Sales vs H1 25 25-35% Target Gross Margin at Scale vs 19% Q2 26 Replenish Nutrients | Q2 2026 Financial Results 06 $980k Revenue vs $1.5M Q2 25 Q2 margins below target because commissioning costs were spread over relatively low volumes. The Company continues to expect scale economics as Beiseker and Colony move toward full production. Post quarter end, Replenish closed a $15M strategic investment with SRC Agrominerals As owned and licensed revenue streams reach higher utilization into Q4, revenues, margins and cash flows are expected to increase.
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$15M Strategic investment Capital to accelerate the production ramp and support the 150,000-tonne Beiseker expansion. Capital + raw materials + logistics + operating experience CARBONATITE INPUT Mineral-rich rock that complements the Replenish platform Naturally occurring carbonatite can provide calcium, phosphorus, magnesium and trace minerals that support crop nutrition and soil function. Ca Calcium soil stability P Phosphorus root growth Mg Magnesium nutrient uptake + Trace plant health 10-year carbonatite supply agreement WHY IT MATTERS More than $15M of capital Raw material security Long-term access to a strategic mineral input for Replenish formulations. Soil-health fit Mineral nutrients support availability, biology, root development and long-term soil function. Operating expertise Tim Close brings agricultural infrastructure, logistics and capital markets experience. Strategic alignment Supports the move from a small operating company toward a multi-facility platform. STRATEGIC INVESTMENT | RAW MATERIAL SECURITY SRC Agrominerals & Spanish River Carbonatite Strategic funding, long-term mineral input security and operating expertise to support Replenish’s next phase of scale Replenish Nutrients | Q2 2026 Financial Results 07
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OUTLOOK | OWNED AND OPERATED Beiseker Granulation (24,000 Metric Tonnes) 24,000 t annual capacity 2,000 t monthly target 25–35% gross margin target at scale Final stages of commissioning Preparing for 24-hour production runs 08 Beiseker Colony (19,000 Metric Tonnes) Original expectation 1,000 t/month Updated expectation 1,600 t/month Initial production and sales expected in Q4 2026 Creates a template for additional regional production facilities at other Hutterite colonies and agricultural operators. Replenish Nutrients | Q2 2026 Financial Results
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OUTLOOK | LICENSCING Licensing Moves Toward Commissioning 10,000 t annualized capacity Regional licensing proof point. Construction and commissioning continued during Q2, with initial commissioning production expected in Q4. FARMERS UNION | U.S. MIDWEST 50,000 t initial annualized capacity 100,000 t potential with second shift FUE funded the physical facility. Replenish provides formulation, technology and support. Initial commissioning production expected in Q4. Replenish Nutrients | Q2 2026 Financial Results 09 MJ AG | NORTHERN ALBERTA A 50,000 MT fertilizer facility will supply ~550,000 acres out of 70+ million acres controlled by Farmers Union members in the 5-State area A 10,000 MT fertilizer facility will supply ~110,000 acres out of 10+ million acres in the Peace Country agriculture region served by MJ Ag
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OUTLOOK | BEISKER EXPANSION Beiseker Expansion Facility Owned production platform: 24,000 MT granulation + 150,000 MT pellet expansion Replenish Nutrients | Q2 2026 Financial Results 10 Adds 150,000 MTs of annual pellet production to the Leverages existing Beiseker infrastructure Improves potential rail shipping efficiencies via existing siding Targets commissioning in Q1 2028 Existing 24,000 MTs of granulated production capacity Potential scale $90M Projected annual product revenue at full utilization Illustrative only: 150,000 tonnes × $600/tonne Based on the current capital plan, the equity component is already in place, with ERA funding and traditional term debt expected to fund the balance.
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OUTLOOK | CHARTING THE PATH TO GROWTH IN METRIC TONNES Identified Capacity Roadmap Replenish Nutrients | Q2 2026 Financial Results 11 15,000 24,000 19,000 10,000 50,000 50,000 150,000 50,000 50,000 200,000 200,000 Blended (owned) Beiseker Granule (owned) Beiseker Hutterite (owned) MJ Ag (license) FUE Phase 1 (license) FUE Phase 2 (license) Beiseker Pellet (owned) DeBolt Phase 1 (TBD) DeBolt Phase 2 (TBD) Bethune Phase 1 (TBD) Bethune Phase 2 (TBD) - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 Near Term Growth 250k+ t identified annual capacity at initial FUE configuration 300k+ t identified annual capacity with FUE second shift
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CLOSING Replenish Nutrients | Q2 2026 Financial Results 12 Questions Replenish Nutrients Holding Corp. CSE: ERTH | OTC: VVIVF Investor Relations Replenish Nutrients info@replenishnutrients.com Sean Peasgood Sophic Capital sean@sophiccapital.com