Itafos Upgrades to OTCQX® Best Market

Company Overview - Itafos Inc. is a phosphate and specialty fertilizer company headquartered in Houston, Texas, and trades on the TSX-V under the ticker symbol "IFOS" [3] - The principal shareholder of Itafos is CL Fertilizers Holding LLC, an affiliate of Castlelake, L.P., a global private investment firm [3] Recent Developments - Itafos has been approved to trade on the OTCQX® Best Market, upgrading from the Pink® market, and will begin trading under the symbol "ITFS" [1][2] - Trading on the OTCQX provides Itafos with an efficient and cost-effective way to access US capital markets, ensuring transparent trading for US investors [2] Production Capacity - The company operates several vertically integrated phosphate fertilizer businesses: - Conda in Idaho, US: Approximately 550,000 tons per year of monoammonium phosphate (MAP) and related products, and 27,000 tons per year of hydrofluorosilicic acid (HFSA) [7] - Arraias in Tocantins, Brazil: Approximately 500,000 tons per year of single superphosphate (SSP) and related products, and 40,000 tons per year of excess sulfuric acid [7] - Farim: A high-grade phosphate mine project located in Farim, Guinea-Bissau [7] - Santana: A vertically integrated high-grade phosphate mine and fertilizer plant project located in Pará, Brazil [7]