- Brazil Potash Corp. (GRO) announced its **third and final definitive commercial offtake agreement** with Kimia Solutions Ltda. on **October 28, 2025**.  **[1472326_0001193125-25-256302_d228823dex991.htm:0]** **[1472326_0001193125-25-256302_d228823d6k.htm:1]**  This agreement commits Kimia to purchase between **23% and 32% of annual potash production**, up to **704,000 tons per year**, for a **10-year term** on a take-or-pay basis.  **[1472326_0001193125-25-256302_d228823dex991.htm:0]** **[1472326_0001193125-25-256302_d228823d6k.htm:1]** **[1472326_0001193125-25-256302_d228823dex101.htm:4]** 
- With this latest agreement, Brazil Potash has now pre-sold approximately **91% of its planned production**, securing over **2 million tons of sales annually** for contracts ranging from **10 to 17 years**.  **[1472326_0001193125-25-256302_d228823dex991.htm:0]** 
- The completion of these commercial agreements is a **key step to obtain project finance for construction** of the Autazes Project, which has an initial planned annual potash production of up to **2.4 million tons per year**.  **[1472326_0001193125-25-256302_d228823dex991.htm:0]** **[1472326_0001193125-25-256302_d228823dex991.htm:1]**

Brazil Potash Secures 91% of Future Production, Advancing Financing Phase

- Brazil Potash Corp. (GRO), through its subsidiary Potássio do Brasil Ltda. (PDB), signed a **definitive ten-year take-or-pay offtake agreement** with Keytrade Fertilizantes Brasil Ltda. on **August 20, 2025**.  **[1472326_0001193125-25-188699_d39221d6k.htm:1]** **[1472326_0001193125-25-188699_d39221dex991.htm:1]** 
- The agreement commits Keytrade to purchase **30% to 37%** of PDB's annual potassium chloride production, up to a maximum of **814,000 tonnes per year**.  **[1472326_0001193125-25-188699_d39221d6k.htm:1]** **[1472326_0001193125-25-188699_d39221dex101.htm:1]** 
- This contract, along with existing agreements, secures **~1.45 million tons annually** in binding commitments, representing approximately **60% of Brazil Potash's planned annual production capacity** of **up to 2.4 million tons**.  **[1472326_0001193125-25-188699_d39221dex991.htm:1]** **[1472326_0001193125-25-188699_d39221dex991.htm:2]** 
- The agreement is designed to provide **long-term revenue visibility** and support the company's **project financing strategy**.  **[1472326_0001193125-25-188699_d39221d6k.htm:1]** **[1472326_0001193125-25-188699_d39221dex991.htm:1]**

Brazil Potash (GRO)