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]

Core Insights - ITAFOS INC. has successfully upgraded to the OTCQX Best Market from the Pink market, allowing for more transparent trading for U.S. investors [1][3] - The company will begin trading under the symbol "ITFS" on the OTCQX market [2] - OTCQX Market requires companies to meet high financial standards and adhere to best practice corporate governance [3] Company Overview - ITAFOS INC. is a phosphate and specialty fertilizer company with operations in the U.S. and Brazil [4] - The company's production capacity includes approximately 550,000 tons per year of monoammonium phosphate (MAP) and related products in Idaho, U.S. [4] - In Brazil, ITAFOS operates a phosphate fertilizer business with a production capacity of approximately 500,000 tons per year of single superphosphate (SSP) [4] - ITAFOS also has projects in Guinea-Bissau and Pará, Brazil, focusing on high-grade phosphate mining and fertilizer production [4] Industry Context - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, providing a platform for companies like ITAFOS to access U.S. financial markets [5] - The OTCQX Best Market is designed for companies that meet stringent financial and governance standards, enhancing investor confidence [3][5]

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 the company is CL Fertilizers Holding LLC, an affiliate of Castlelake, L.P., a global private investment firm [3] Annual General Meeting Highlights - All items of business were approved at the annual general meeting of shareholders held on June 18, 2025 [1] - Six incumbent directors were overwhelmingly re-elected: Anthony Cina, Ricardo De Armas, G. David Delaney, Ronald Wilkinson, Stephen Shapiro, and Isaiah Toback [1] Auditor Appointment - The appointment of PricewaterhouseCoopers LLP as the Company's auditor was ratified by shareholders [2] Production Capacity - The company operates several vertically integrated phosphate fertilizer businesses with significant production capacities: - Conda, Idaho, US: approximately 550kt per year of various phosphate products and 27kt per year of hydrofluorosilicic acid [7] - Arraias, Tocantins, Brazil: approximately 500kt per year of single superphosphate and 40kt per year of excess sulfuric acid [7] - Farim, Guinea-Bissau: a high-grade phosphate mine project [7] - Santana, Pará, Brazil: a vertically integrated high-grade phosphate mine and fertilizer plant project [7]