RESULTS PRESENTATION 3Q25 | 9M25 André Guillaumon CEO Ana Paula Zerbinati IR and Capital Market Head Gustavo Lopez CFO & IRO 9M25 EARNINGS CALL PORTUGUÊS Essa videoconferência será em português, com tradução simultânea para o inglês. Alteração de Idioma: para acessar a tradução simultânea, clique no botão Interpretation, na parte inferior direita da tela, e escolha o idioma "Inglês". Para fazer perguntas: clique no ícone Q&A e escreva seu nome e empresa ou levante a mão para entrar na fila. Ao ser anunciado ...

Market Overview - US farmers face a challenging economic landscape due to potential oversupply of corn and soybeans [1] - Trade disputes exacerbate the situation, leading to negative profit margins for many in the industry [2] Production & Supply - USDA forecasts a record 167 billion bushel corn crop and a 429 billion bushel soybean crop [1] - Potential oversupply of corn and soybeans has pressured prices lower [1] Trade & Export - US tariffs lead to retaliatory tariffs on US agricultural products, making American exports more expensive [2][3] - Trade tensions risk losing crucial export partners to countries like Brazil [3] - New crop soybean commitments from China have plummeted to a 20-year low [3] - US new crop corn exports are the second highest in the past 20 years, driven by strong demand from Mexico [3]

Australia is expecting its fourth-largest wheat harvest on record https://t.co/5vc2OrkWxC ...

US farmers are pulling back on spending in threat to rural economy https://t.co/7FmpYJEs3g ...

Industry Overview - California's agriculture is the largest state producer and exporter of agricultural products, accounting for over a third of the country's vegetables, fruits, and nuts [1] - The agricultural sector in California is a $49 billion industry [3] Labor Force and Immigration - 75% of farm workers in California are immigrants, and a third are undocumented [2] - Immigrant workers possess decades of skills that are difficult to replicate or automate [5] - The industry faces worker shortages that predate changes in immigration policy [5] - Workers express fear and concern about their safety due to immigration raids, but continue working due to financial necessity [4] Policy and Challenges - The Trump administration believes there is no shortage of American workers and aims to create American jobs while enforcing immigration laws [6] - The Department of Labor is working to streamline the visa process for temporary workers [6] - There is a recognized labor shortage in farm work, which is not a job many people want to do [7]

Group 1: Company Overview - Suzhou Pingwang Condiment Company is a century-old enterprise known for its traditional sauce-making techniques, particularly the famous Pingwang chili sauce, which is part of the "Four Famous Specialties of Jiangnan" [1] - The company has embraced innovation while preserving traditional flavors, offering a variety of unique sauce products and immersive experiences for visitors [1] Group 2: Financial Support and Initiatives - Agricultural Bank of China Jiangsu Suzhou Demonstration Zone Branch provided a tailored credit solution of 14.9 million yuan to support the production of traditional Jiangnan condiments [1] - The bank employs a flexible combination of "enterprise flow loans + individual loans" to assist local agricultural businesses, such as providing 2 million yuan low-interest loans to Suzhou Dasheng Family Farm for introducing high-quality seeds [2] - The bank's initiatives include simplifying loan processes and connecting agricultural businesses with technology experts to enhance productivity and sustainability [2] Group 3: Agricultural Development - Wujiang Qidu Town, known as "China's Crab Capital," has a total crab farming area of 21,700 acres, benefiting from a unique aquatic ecosystem [3] - The Agricultural Bank has developed a comprehensive service plan for crab farmers, addressing their financing needs and facilitating access to advanced farming technologies [3] - Local crab farmers are planning to establish an e-commerce platform to expand their market reach and promote Jiangnan delicacies nationwide [3]

Industry Relevance - Farming is often said to be almost irrelevant to the British economy [1] - Farming is barely relevant even to the rural economy [1]

The squabbles and strains of rural life in Britain—over housing developments, farming and solar panels—give the lie to a common claim: that the countryside is of one mind https://t.co/pHWHBJBCiC ...

For decades, Argentina's yerba mate farmers benefited from state intervention. Now they're struggling to survive under a libertarian president https://t.co/ME5zX5SgCF ...

Core Points - Akanda Corp. has completed the share exchange transaction with First Towers & Fiber Corp., making First Towers a wholly owned subsidiary [1][2] - The transaction involved the acquisition of all common shares of First Towers, with Akanda issuing convertible Class A and Class B Special Shares to former First Towers shareholders, pending shareholder approval [1][3] - Akanda reaffirms its commitment to developing its pre-revenue Canadian farming property in British Columbia for THC and CBD facilities [6] Transaction Details - The closing of the transaction was effective on August 21, 2025, and Akanda did not issue any common shares at that time [2][3] - The Class A Special Shares will be convertible into no more than 19.9% of Akanda's common shares, contingent upon shareholder approval at the upcoming special meeting on August 29, 2025 [3] - A promissory note will be issued to one former First Towers shareholder, equal to the value of their shares acquired by Akanda, and Akanda will assume First Towers' existing debts and liabilities [1][3] Future Plans - Akanda plans to hold a second special meeting to seek approval for the issuance of Class B Special Shares, which will be convertible into the remaining common shares for former First Towers shareholders [3] - The company expects its common shares to remain listed on the Nasdaq Capital Market under the ticker AKAN following the transaction [4]