Brazil Potash (GRO) AGM 2024 summary

Opening remarks and agenda

• Introduced executive team and outlined focus on business highlights from the F-1 Registration Statement during the inaugural investor call as a public company.

• Noted the 25-day Quiet Period post-IPO, restricting Q&A, with plans to engage investors in the new year.

Financial performance review

• Over $200 million invested in the project since inception, with all permits secured and construction underway.

• Strategic investors, including Franco-Nevada and two Brazilian firms, participated in the IPO, indicating strong long-term support.

Board and executive committee updates

• Highlighted the addition of Mayo Schmidt, former CEO of Nutrien, as Advisory Board Chairman, bringing extensive global agriculture and fertilizer sector experience.

• Emphasized the management team's deep experience in Brazil and successful track record in project development.