Fiscal 2025 Fourth-Quarter & // Dec. 8, 2025 Full-Year Business Update Forward-Looking Statements and Other Disclaimers This presentation may contain forward-looking statements, including, without limitation, statements about the outcome of the North American bid season, including pricing and commitment sizes, the execution of the company's back-to-basics strategy, tax rates, and the restoration of certain of the company's facilities and operations; cash generation capability; debt reduction; value creation ...

ContextLogic, previously known as https://t.co/tWx7BXUgC6, acquired US Salt, a provider of evaporated salt products, in a transaction totaling nearly $1 billion https://t.co/1h4cw8j7YB ...

Core Insights - Atlas Salt Inc. has signed a non-binding Memorandum of Understanding with Hatch Ltd. to establish Hatch as the Lead Engineering Partner for the Great Atlantic Salt Project [1] Company Summary - Atlas Salt Inc. is advancing its Great Atlantic Salt Project through a partnership with Hatch Ltd. [1] - The partnership aims to enhance project delivery and engineering capabilities [1] Industry Context - The collaboration with Hatch signifies a strategic move in the salt production industry, focusing on integrated project delivery [1]

Core Viewpoint - Atlas Salt Inc. has filed an independent technical report on its Great Atlantic Salt Project, presenting results from an Updated Feasibility Study in compliance with NI 43-101 standards, with no material differences from previously disclosed results [1] Group 1 - The independent technical report has been filed on SEDAR+ [1] - The report pertains to the Great Atlantic Salt Project [1] - The Updated Feasibility Study was prepared in accordance with National Instrument 43-101 [1] Group 2 - There are no material differences in the report compared to the results disclosed in the news release dated September 30, 2025 [1]

Core Viewpoint - Atlas Salt Inc. has announced a private placement offering with order book interest reaching approximately $8,041,000, surpassing the targeted gross proceeds of $8,000,000 [1] Group 1: Offering Details - The company plans to issue a minimum of 10,000,000 common shares at a price of $0.80 per share, aiming for aggregate gross proceeds of $8,000,000 [1] - The offering is co-led by Raymond James Ltd. and Ventum Financial Corp., along with a syndicate of agents including Desjardins Capital Markets [2] - The Agents have an option to sell up to an additional 1,500,000 common shares for gross proceeds of up to $1,200,000, exercisable up to 48 hours before the closing [3] Group 2: Financial Terms - The company will pay a cash commission of 6.0% on the gross proceeds of the offering and issue compensation options equal to 6.0% of the shares issued [4] - The net proceeds from the offering will be allocated for civil engineering work related to the Great Atlantic Salt Project and for general corporate purposes [7] Group 3: Regulatory and Closing Information - The offering will be available to purchasers in all Canadian provinces except Québec and may also be sold in offshore jurisdictions and the U.S. under certain exemptions [5] - The offering is scheduled to close on or about October 21, 2025, subject to necessary approvals, including from the TSX Venture Exchange [8] Group 4: Insider Participation - Certain insiders are expected to participate in the offering, which will be classified as a related party transaction, relying on exemptions from formal valuation and minority shareholder requirements [9] Group 5: Company Overview - Atlas Salt is focused on developing Canada's next salt mine, emphasizing responsible and sustainable mining practices while aiming to contribute significantly to the North American salt market [12]

Core Viewpoint - Atlas Salt Inc. has announced a private placement offering of up to 10,000,000 common shares at a price of $0.80 per share, aiming to raise gross proceeds of up to $8,000,000 [1][4] Group 1: Offering Details - The company has granted the agents an option to sell an additional 1,500,000 common shares for up to $1,200,000 in gross proceeds [2] - A cash commission of 6% of the gross proceeds will be paid to the agents, along with compensation options equal to 6% of the shares issued under the offering [3] - The minimum amount to be raised in the offering is set at $5,000,000 [4] Group 2: Use of Proceeds - Net proceeds from the offering will be allocated for civil engineering work related to the Great Atlantic Salt Project and for general corporate and working capital purposes [6] Group 3: Regulatory and Closing Information - The offering is expected to close on or about October 21, 2025, subject to necessary approvals, including from the TSX Venture Exchange [7] - The offering will be available to purchasers in all Canadian provinces except Québec, and may also be sold in offshore jurisdictions and the U.S. under certain exemptions [4][9] Group 4: Insider Participation - Certain insiders of the company are expected to participate in the offering, which will be considered a related party transaction [8]

Core Viewpoint - Vulcan Minerals Inc. announces that Atlas Salt Inc. has released results from an enhanced Updated Feasibility Study on the Great Atlantic Salt project in western Newfoundland [1] Group 1 - Atlas Salt Inc. is a related company to Vulcan Minerals Inc. [1] - The Updated Feasibility Study pertains to the Great Atlantic Salt project located in western Newfoundland [1]

Financial Performance - The company's net loss for the third quarter of fiscal 2025 was $17 million, improved from a net loss of $43.6 million in the third quarter of fiscal 2024[10] - Total company adjusted EBITDA for the third quarter of fiscal 2025 was $41 million, a 25% increase from $32.8 million in the prior year[10] - Net total debt decreased by 13% year over year and 2% sequentially to $746 million, with liquidity of $389 million as of June 30, 2025[10] - Consolidated revenue increased by 6% year-over-year[17] - Consolidated adjusted EBITDA margin was 19.1%[17] Salt Segment - Salt sales volumes increased by 4% year over year[10] - Salt segment revenue was $166 million, up 3.4% from $160.6 million in 3Q24[21] - Salt segment adjusted EBITDA was $45.8 million, up 10.1% from $41.6 million in 3Q24[21] - Salt adjusted EBITDA margin was 27.6%, an increase of 1.7 percentage points from 25.9% in 3Q24[21] Plant Nutrition Segment - Plant Nutrition sales volumes increased by 21% year over year, reaching 68 thousand short tons[10, 29] - Plant Nutrition revenue was $44.8 million, up 15.5% from $38.8 million in 3Q24[29] - Plant Nutrition adjusted EBITDA increased to $11.4 million from $7.2 million[29, 31] - Plant Nutrition adjusted EBITDA margin was 25.4%, an increase of 6.9 percentage points from 18.6% in 3Q24[29]

Financial Performance (H1/2025) - Revenues reached €1,835.9 million[11] - EBITDA amounted to €310.3 million, with an EBITDA margin of 16.9%[11] - Adjusted free cash flow was €24.3 million[11] Potash Market and Production - K+S expects potash demand to grow at a compound annual growth rate of 2-3%[14] - The company aims to increase potash production by >100,000 tonnes per year at the Bethune plant in Canada[14] - K+S Germany potash production capacity is approximately 5.5 million tonnes eff[194] Salt Market and Production - K+S has a 20% market share in the European salt market[65, 66] - K+S Germany salt production capacity is approximately 5 million tonnes eff[196] Sustainability and Environmental Goals - K+S has reduced CO2 emissions by around 80% since 1990[17] - The company aims for greenhouse gas neutrality at its production sites by 2045, with a 25% CO2 emissions reduction by 2030 compared to 2020[17, 101] - K+S is targeting a 25% reduction in absolute CO2 emissions by 2030, with a 4.4% reduction achieved by 2024 (base year 2020)[106, 145] Agriculture Segment (H1/2025) - Agriculture segment revenues were €1,282.3 million[20] - Sales volumes for the agriculture segment reached 3.84 million tonnes[20] Industry+ Segment (H1/2025) - Industry+ segment revenues were €553.6 million[22] - Sales volumes for the Industry+ segment reached 3.12 million tonnes, including 0.88 million tonnes of de-icing salt[22, 166]

Core Viewpoint - The salt industry is facing challenges from "involution" competition, which is leading to resource waste and declining industry efficiency. A joint action has been initiated to resist this competition and promote high-quality development in the salt industry [1][5][7]. Group 1: Meeting Overview - The meeting was hosted by Li Yaoqiang, Chairman of China Salt Group, and attended by leaders from seven major salt industry enterprises [2][3]. - The participants included executives from Jiangsu Salt Industry, Guangdong Salt Industry, Hunan Salt Industry, and others [2][3]. Group 2: Industry Challenges - Since the implementation of the salt industry reform plan, the industry has made progress, but issues such as overcapacity, low industry concentration, and product homogeneity persist [5]. - The "involution" competition has intensified, leading to resource waste and negatively impacting the industry's efficiency and high-quality development [5]. Group 3: Reform Objectives - The goal of the salt industry reform is to ensure the safety and quality of salt supply while introducing competition to enhance market vitality and achieve effective resource allocation [5]. - The current "involution" competition contradicts the reform objectives, and leading enterprises are encouraged to take the initiative in resisting this competition [5]. Group 4: Joint Action Declaration - Eight enterprises have collectively issued the "Joint Action Declaration to Abandon Involution and Pursue Cooperative Win-Win" to foster a positive environment for high-quality industry development [7]. - Discussions during the meeting included eliminating outdated production capacity, accelerating industry consolidation, promoting low-carbon and green development, and improving salt quality and safety standards [7].