Itafos Announces Appointment of New Director

Core Viewpoint - Itafos Inc. has appointed Joseph McConnell to its Board of Directors, effective January 16, 2026, replacing Isaiah Toback as a nominee from the principal shareholder, CL Fertilizers Holding LLC [1][2]. Group 1: Appointment Details - Joseph McConnell's appointment is expected to enhance the Board's oversight and guidance capabilities, bringing valuable skills and perspectives to advance the Company's business objectives [2]. - Anthony Cina, Chairman of the Board, expressed gratitude for Isaiah Toback's contributions to the Company [2]. Group 2: Background of Joseph McConnell - Mr. McConnell is a Partner at Castlelake, L.P., an affiliate of CLF, and serves as Deputy Co-Chief Investment Officer, responsible for the firm's global investment strategy across various asset classes [2][3]. - He has been with Castlelake since 2007 and became a partner in 2017, previously holding roles in portfolio management and investment, including co-head of the Aviation and Real Assets businesses [3]. Group 3: Company Overview - Itafos is a phosphate and specialty fertilizer company with operations and projects across three continents, headquartered in Houston, Texas [4]. - The Company's shares are traded on the TSX-V under the ticker "IFOS" and on the OTCQX under the ticker "ITFS" [4].