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Advancing the District-Scale Minas Americas Global Alliance Magnetic Rare Earths Discovery in Brazil_ January 2026 TSX: NPK | OTCQX: VNPKF
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2 If you are risk aversedon’t buy our stock. Don’t rely on anything in this presentation. This presentation contains “forward-looking information” and “forward-looking statements” (together, FLI) within the meaning of applicable Canadian securities laws. FLI herein includes, but is not limited to, statements regarding: the Company’s strategy and objectives; the nature, scope, timing and success of exploration, trenching and drilling programs at the Minas Americas Global Alliance rare earths project in Brazil; metallurgical test work (including ion-exchange/ionic-adsorption and ANSTO programs) and expected recoveries; the preparation, timing and results of any mineral resource estimate and any preliminary economic assessment (PEA); the design, construction, commissioning, expansion or performance of facilities; receipt of environmental and other regulatory approvals and permits; production levels, product quality and market acceptance; business model, costs, capital requirements, sources and uses of funds; and sales targets or other illustrative outcomes (including any discussion of multi-year product tonnage targets). Statements regarding the Company’s potash and related products and their commercialization in Brazil are also FLI. Such FLI reflects management’s current expectations and assumptions and is provided as of the date of this presentation, October 21, 2025. Assumptions. Material assumptions underlying the FLI include, among others: the availability of financing on acceptable terms; the availability of equipment, laboratories and skilled personnel; successful execution of planned exploration and metallurgical programs; the representativeness of sample results; the continuity of mineralization; the timing of, and ability to obtain, required permits, licenses, land access and other approvals; general economic, market and political conditions in Brazil; commodity prices (including REE pricing) and exchange rates; demand for the Company’s products; and the accuracy of current technical data and models. Risks. FLI is inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. These include, without limitation: failure to obtain or maintain required permits and approvals; exploration, development, operating and metallurgical risks (including that test work may not translate to commercial recoveries, or that deleterious elements may be encountered at scale); changes to plans, budgets or timelines; results of drilling that differ from current expectations; cost inflation and supply-chain constraints; commodity-price and currency volatility; competition; environmental, health and safety risks; community and stakeholder relations; infrastructure and logistics risks; reliance on third-party laboratories and contractors; ability to recruit and retain personnel; financing and liquidity risks; and the other risks described under “Risk Factors” in the Company’s most recent Annual Information Form and in its other continuous disclosure filings available under the Company’s profile on SEDAR+. Nothing in this presentation guarantees that any targeted sales volumes (including illustrative targets such as 25 million tonnes) will be achieved. FOFI/Financial Outlook. To the extent this presentation includes “future-oriented financial information” or a “financial outlook” (together, FOFI) within the meaning of Canadian securities laws (including, without limitation, illustrative production, revenue, cost, margin or capital figures), such FOFI is provided to illustrate the potential context and scale of the Company’s business and project plans and may not be appropriate for other purposes. Actual results may vary materially. The Company disclaims any intention or obligation to update or revise any FOFI except as required by applicable law. No undue reliance; qualification. Readers are cautioned not to place undue reliance on FLI. Although management believes the assumptions and expectations reflected in the FLI are reasonable as of the date hereof, there can be no assurance that they will prove correct. All FLI in this presentation is expressly qualified in its entirety by this cautionary note. Updating policy. Except as required by applicable securities laws, the Company does not undertake to update any FLI contained in this presentation whether as a result of new information, future events or otherwise. Currency. Unless otherwise indicated, all dollar figures are in Canadian dollars. Additional information. Further information, including risk factors and technical reports (e.g., the Company’s May 26, 2022 PFS), is available under the Company’s profile on SEDAR+ and on the Company’s website. Qualified Person. This scientific and technical information in this presentation has been reviewed and approved by José Márcio Matta Machado Paixão, FAusIMM, who is a Qualified Person as defined by NI 43-101 and is independent of the Company within the meaning of NI 43-101. Mr. Paixão has verified the data disclosed herein by reviewing laboratory certificates, QA/QC performance (blanks/CRMs/duplicates) and analytical procedures. 2 Cautionary note_
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3 Investment highlights_ Strategic location: Our new rare earths project is based in Minas Gerais, Brazil, located near major cities, with excellent access to infrastructure and a skilled workforce and strong government support. High-grade magnetic rare earth discovery: 75 surface/trench samples average magnetic rare earth oxides (“MREO”) 743 ppm, with 54/75 ≥400 ppm, 22/75≥1,000 ppm and 7/75 ≥1,500 ppm MREO. 1 2 3 4 5 District scale project: The new rare earths project offers future growth opportunities within underexplored land package, building long-term value through exploration and resource identification. Near-term self-funded growth: Near-term exploration program to be funded from Verde’s current balance sheet, which has C$11.5 million in cash and receivables. Near-term catalysts: complete mobilization of 3rd rig; confirm ionic clay mineralization and impurities; provide drilling update and results; release ANSTO test; and publish MRE and PEA.
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About Verde Agritech_ We are a proven mineral explorer focused on repeating past successes by advancing our new rare earths project in Brazil. This experience will be leveraged to systematically de-risk the Minas Americas Global Alliance project from discovery and exploration, through development and permitting and into production. 4 Verde Agritech is advancing a District-Scale Magnetic Rare Earths Discovery – the Minas Americas Global Alliance Project –in Brazil .
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5 Magnet rare earths demand and supply_ • Global demand for magnetic rare earth elements is projected to triple—from 59 kilotons in 2022 to 176 kilotons by 2035 driven by EV adoption and wind power1, representing ~35% shortfall in 2035 supply • Magnetic REEs make up only 30% of REE volume, but they account for over 80% of market value2 • Demand for magnet REEs are driven by: o EV adoption o Wind turbines o Consumer electronics o Industrial motors o Consumer appliances o Other 1. https://www.mckinsey.com/industries/metals-and-mining/our-insights/powering-the-energy-transitions-motor-circular-rare-earth-elements#/ 2. https://carboncredits.com/rare-earth-demand-to-triple-by-2035-can-the-u-s-catch-up-with-china/?utm_source=chatgpt.com
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6 Richer, cleaner, magnet-REE system_ Minas Americas Global Alliance Project Minas Americas exhibits a richer, cleaner, magnet-REE system with confirmed ionic- adsorption behavior, positioning Verde as an emerging leader among emerging South American ionic-clay REE developers. 1. Average grades of assay results released – see news release dated October 6, 2025. 2. https://cdn.prod.website-files.com/67b9c5dc15db73b34fcf2bf3/68dce56c790aa25b1f6cbf05_Carina_Project_Resource_Update_Oct1%2020205.pdf 3. https://investor.verde.ag/verde-agritech-confirms-ionic-adsorption-with-high-value-magnet-rare-earths-leachate-mreo-up-to-300-mg-kg-with-no-uranium-contaminant/ 4. Aclara Resources NI 43-101Preliminary Economic Assessment Update Carina Rare Earth Element Project (pg 72) 5. As of October 21, 2025. Project Minas Americas Global Alliance Carina Location Minas Gerais, Brazil Goias, Brazil Stage Early exploration PFS Land package ~5,000 ha. ~6,000 ha. Mineralization Ionic clay hosted Ionic clay deposit MREO Grade 743ppm1 342ppm/283ppm2 (Indicated/Inferred) 2x higher Leachate (MREO) Up to 278 mg/kg ~152 mg/kg > 80% higher TREO Grade 3,557 ppm1 1,572 ppm2/1,288 ppm2 (Indicated/Inferred) ~ 2-3x higher NdPr % of TREO ~19-24% ~ 20% Comparable Impurities Low/no impurities (U/Th at or below detection)3 U/Th near detection levels4 Cleaner leachate Enterprise value (C$)5 C$130M C$620M
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7 A closer look_ 0 100 200 300 400 500 600 700 DREO NdPr Disordable REO results (ppm) Verde's Sample PT-36 Aclara's Preliminary Economic Assessment 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% TREO NdPr in DREO (%) Verde's Sample PT-36 Aclara's Preliminary Economic Assessment Figure 1 – Minas Americas vs. Carina - Head REO Results Figure 2 – Minas Americas vs. Carina - Disordable Results Figure 3 – Minas Americas vs. Carina – NdPr in DREO Results 0 1000 2000 3000 4000 5000 6000 7000 8000 9000 TREO NDPr Head REO Results (ppm) Verde's Sample PT-36 Aclara's Preliminary Economic Assessment Head REO, DREO and NdPr % of DREO
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8 Project trenching results_ • Verde’s assays demonstrate consistent enrichment in the heavy rare earths dysprosium (Dy) and terbium (Tb) that underpin high temperature, high coercivity magnets. • In the 10 highest grade MREO trench samples (1,306–2,182 ppm MREO; 6,081–8,930 ppm TREO), dysprosium oxide ranges 35–60 ppm and terbium oxide 8–13 ppm, with standout samples at trench PT-34 pairing >2,100 ppm MREO with dysprosium oxide 53–60 ppm and terbium oxide 12–13 ppm. • This persistent Dy/Tb presence alongside elevated NdPr strengthens the overall magnet rare earth basket quality. • The 13 mineral claims are held by Verde and overlap with the Company’s potash resources, which have been a part of the portfolio for more than a decade.
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9 Minas Americas Global Alliance rare earths project_ District scale high-grade magnetic rare earths discovery in Minas Gerais, Brazil Located in Alto Paranaiba, Minas Gerais, Brazil and covers ~5,500 hectares. • Continuous clay hosted rare earth element (“REE”) mineralized zone across 13 permits • REE mineralized zone delineated via integrated geological mapping, geochemistry and spectral/geophysical datasets, and confirmed by trench sampling. • Recent work returned: • High-grade NdPr-rich samples return up to 8,930 ppm TREO and 2,182 ppm MREO. • 22 samples return > 1,000 ppm MREO
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10 Initial exploration highlights_ Dominated by NdPr, with contributions from Dy and Tb • High-grade magnet rare earth tenor across a broad sample base: 75 surface/trench samples average magnetic rare earth oxides (“MREO”) 743 ppm, with 54/75 ≥400 ppm, 22/75≥1,000 ppm and 7/75 ≥1,500 ppm MREO. • Total rare earths at meaningful surface tenor: Total rare earth oxides (“TREO”) averages 3,532 ppm, median 3,148 ppm, with peak assays up to 8,930 ppm and 2,182 ppm MREO. Channel From To UTMN UTME Oxide Total Grade (ppm) TREO MREO Dy2O3 Nd2O3 Pr6O11 Tb4O7 PT-34 1 2 7841160.46 384496.15 8615 2182 60 1644 464 13 PT-34 0 1 7841160.46 384496.15 8930 2118 53 1592 461 12 PT-08 0 1 7863699.87 401672.16 8276 1816 48 1330 428 11 PT-12 0 1 7871455.52 404413.96 7669 1705 46 1251 398 10 PT-18 1 2 7865477.78 404446.44 7202 1676 46 1231 389 10 PT-36 0 1 7845380.34 384873.08 7181 1593 37 1198 350 9 PT-21 1 2 7867642.38 405141.50 7250 1507 49 1102 347 10 PT-45 0 1 7856478.40 382570.77 6418 1372 37 1026 300 8 PT-05 0 1 7862246.40 401300.48 6161 1327 35 972 313 8 • Heavy rare earths confirmed: Top 10 MREO samples carry dysprosium oxide ~35 –60 ppm and terbium oxide ~8–13 ppm, reinforcing high coercivity magnet potential alongside NdPr. • Magnet critical balance: Neodymium and praseodymium (NdPr) typically contribute on average ~19% of TREO within the samples tested, peaking at 24%, with dysprosium and terbium present in higher grade samples — supportive of high coercivity magnet feed. Table: Top 10 samples by MREO (incl. TREO, Nd, Pr, Dy, Tb)
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11 Project trenching results_ • Verde’s assays demonstrate consistent enrichment in the heavy rare earths dysprosium (Dy) and terbium (Tb) that underpin high temperature, high coercivity magnets. • In the 10 highest grade MREO trench samples (1,306–2,182 ppm MREO; 6,081–8,930 ppm TREO), dysprosium oxide ranges 35–60 ppm and terbium oxide 8–13 ppm, with standout samples at trench PT-34 pairing >2,100 ppm MREO with dysprosium oxide 53–60 ppm and terbium oxide 12–13 ppm. • This persistent Dy/Tb presence alongside elevated NdPr strengthens the overall magnet rare earth basket quality. • The 13 mineral claims are held by Verde and overlap with the Company’s potash resources, which have been a part of the portfolio for more than a decade.
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12 Ionic adsorption confirmation_ • Best leachates (0.5M (NH₄)₂SO₄, 30 min): up to 667 mg/kg of DREO (total desorbable rare earth oxide (“DREO”)) and up to 278 mg/kg of magnetic rare earth oxide (“MREO”) (Nd+Pr+Dy+Tb), showing ionic adsorption behaviour and demonstrating strong magnet-REE proportion in these initial tests. • NdPr in leachate up to 268 mg/kg (PT-36), with Dy+Tb up to 9 mg/kg; multiple trenches exceed 150 mg/kg MREO in PLS. • High head grades and laterally continuous: top MREO samples range 1,306–2,182 ppm, within 6,081–8,930 ppm TREO. • Ultra-low contaminants in PLS: Th and U not detected in the best intervals; Fe and Al minimal, supporting selective ion -exchange. Project/Source Basis Head TREO (ppm) Head MREO (ppm) DREO in PLS (mg/kg) MREO in PLS (mg/kg) Nd₂O₃ (mg/kg) Pr₆O₁₁ (mg/kg) Dy₂O₃ (mg/kg) Tb₄O₇ (mg/kg) Key impurity notes PT-36 Trench (0–1 m) 7,181 1,593 667 278 209 59 7 2 Th & U ND; Fe ND PT-34 Trench (1–2 m) 8,615 2,182 578 240 187 45 7 2 Th & U ND; Fe ND PT-42 Trench (0–1 m) 4,605 1,096 383 167 129 33 4 1 Th ND (~3 mg/kg Th max); Fe ND Table 1 - Top Disordable Intervals Notes: DREO and element grades above are measured directly in the primary leach solution (PLS) from ion-exchange tests; Head grades are from the same trench intervals. ND = not detected. Table 2 - Weight Percent (Wt%) of Key Impurities in PLS for Top Disordable Intervals Project/Source Basis Al (Wt%) Ca (Wt%) Fe (Wt%) Ni (Wt%) Th (Wt%) U (Wt%) PT-36 Trench (0–1 m) 0,00391 0,01508 <0,0002 0,000266 0,000259 <0,000004 PT-34 Trench (1–2 m) 0,00158 0,06842 <0,0002 0,00054 <0,00002 <0,000004 PT-42 Trench (0–1 m) 0,00338 0,00968 <0,0002 0,000781 0,000292 <0,000004
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13 First SGS screen is conservative_ • What we did: To keep that diagnostic clean and comparable, a short leach was run (0.5 M ammonium sulfate, ~30 minutes) on the screened material and then read the dissolved rare earths in the solution to answer the question “Are the rare earths ion ads orbed and therefore readily exchangeable?” It did not attempt to maximize extraction. • What this test demonstrates: The test shows the rare earths come off the clay under very gentle conditions, and “bad” elements like uranium and thorium barely show up. • Why the numbers look conservative: This was a single, short wash at one recipe—no multi-stage leaching, no tuning of pH, time, temperature, or reagent strength, and no special prep to expose more sites. In real plants, you run several washes in sequenc e and tune all those knobs, which typically lifts recoveries. What’s next: Stage two metallurgical work for Verde’s PEA will therefore implement multi-stage, counter current leaching and washing sequences, pH/ionic strength profiling, residence time optimization, and dispersion control. The objective is to translate the first SGS screen, which is conservative, into materially higher extractions of NdPr, Dy and Tb in line with commercial ionic clay practice—while preserving the clean impurity profile indicated by the SGS screen.
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14 Project accelerated timeline_ The project’s mineralized zone lies within concessions that form part of Verde’s long held potash property package, where the Company has operated for over 15 years—a platform that materially reduces start up friction, specifically as it related to: • People: In house, multidisciplinary teams ready for mapping, sampling and drilling; rapid field to decision cadence. • Equipment: Drill rigs, vehicles, field equipment and integrated IT systems for fast data capture. • Laboratory: Verde’s lab supports sample preparation, scout assays and metallurgical screening in parallel with external labs—shortening cycles and de risking flowsheet choices. • Execution Experience: In the same region, Verde has brought two mines into production and built two large scale industrial plants that are operating today. • Regional infrastructure: Roads, bridges and high voltage power to site have been significantly upgraded by Verde, avoiding years of typical infrastructure lead time
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15 Project next steps_ “This discovery demonstrates a rare earth mineralized zone of considerable size and coherence across our mineral rights. The combination of TREO and MREO enrichment highlights a compelling growth opportunity. We are now preparing to advance the project through a Board review to identify the best path forward to unlocking the project’s full potential.” Cristiano Veloso Founder and CEO • Commenced initial drill program, 3 drill rigs planned. • Flowsheet test work are underway. • Report initial drill and trench results.
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16 Capital structure_ The following securities are outstanding, as of June 30, 2025: Exchanges – TSX: NPK | OTCQX - VNPKF Shares - basic 52,669,724 Stock options 4,836,308 Shares – fully diluted 57,506,032 Share price (Oct. 21, 2025) C$1.90 Market cap (Oct. 21, 2025) C$91.6 million Cash and receivables ~ C$11 million 52-week high/low C$0.44/C$2.73 30-day average volume 227k 16
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17 Upcoming catalysts_ Complete Board review of MAGA rare earths project (Q4 2025) Confirm ionic clay mineralization together w/ leachate impurity and radiological screening (Q4 2025) Complete initial drill program and trenching and release assays (Q4 2025) 1 2 3 4 5 7 Announce initial drill exploration program and mobilize drills to site (Q4 2025) Why Verde, and why now? Complete initial drill program and trenching, release assays (Q4 2025) and ANSTO test (Q1 2026) Publish maiden mineral resource estimate (Q1 2026) Publish preliminary economic assessment (PEA) (Q2 2026) 6 7
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TSX: NPK | OTCQX: VNPKF Thank you_