CANADIAN PHOSPHATE LIMITED — AGM Information 2024

May 28, 2024

ASX ANNOUNCEMENT 29 May 2024

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P U T T I N G C A R B O N B A C K I N T O T H E S O I L

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Amended AGM Presentation
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Fertoz Limited ( Fertoz or the Company ) (ASX:FTZ) wishes to advise of a minor amendment to the AGM Presentation ( Presentation ) as released to ASX prior to the Annual General Meeting today.

The currency on page 9 of the presentation should have been in AUD not USD.

The amended AGM Presentation is attached to this announcement.

Approval

This release has been approved by the Company Secretary Kamille Dietrich.

For further information, please contact:

Daniel Gleeson CEO & Managing Director Fertoz Limited Ph: +1 630 269 6276

Nathan Ryan Investor & Media Enquiries

NWR Communications Ph: +61 (0) 420 582

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ASX : FTZ
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office@fertoz.com

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Sustainable Farm Inputs

Annual General Meeting May 2024

www.fertoz.com

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Our Company

Focused on regenerative and sustainable agriculture in North America & Australia Owner of high-quality rock phosphate mines and stockpiles in North America containing high P2O5 and low heavy metals Successfully launched Fertify all-in-one NPKS fertilizer plant in Montana, USA in 2023 Securing partnerships to scale Fertify business across North America Rapidly expanding rock phosphate use in regenerative fertilizers 2 | www.fertoz.com

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Our Leadership & Structure

Experienced Board And Management Stuart Richardson Non-Executive Chairman

Daniel Gleeson MD & Group CEO Greg West Non-Executive Director Ben Bussell Chief Financial Officer Dylan Treadwell Mines and Operations Les Szonyi Australasia Manager

Capital Structure

Shares on issue Share Price Market Cap Cash (at 31 March 24) Debt note % Held by Top 20 % Held by BoD

250M $0.04 A$10M A$1.1M A$0.3M 57% 6.75%

15 Nov 2023 - Fertoz raised $1.23M via a convertible note. This note converts to fully paid ordinary shares at 10 cents per share on or before 17 Nov 2026. Maximum number of shares to be issued under convertible note is 1,230,000. Coupon is payable to note holders – 10% per annum paid quarterly in arrears.

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3 | www.fertoz.com

Phosphate Reserves

JORC Assessments – 2024

Wapiti – Canada Fernie - Canada Fertoz owned Fertoz owned JORC Inferred (2015): 1.54 Large portfolio of permitted Mt exploration licences held Only 20% of exploration Multiple permits awaiting licence explored approval H2 2024 Lodging industrial mine permit ~150,000 tpa in 2024 Deerlodge - Montana Monterrey - Mexico Privately owned Privately owned 10yr extension granted Dec Exclusive USA marketing 2022 agreement Estimated 40,000 tons Highest quality P2O5 available available 4 | www.fertoz.com

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Wapiti
Fernie
Deerlodge
Monterrey
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ACHIEVEMENTS IN 2023
• • • •
Pioneers with high value Identification of new key Alignment of process with Gross profit increase from •
$3.05M sales (-30%)
Fertify product customers regulators/First Nations 4.5% to 23% •
Reduced demand of $1M
• • • •
Built & Run to Nameplate Growth of existing Simplification for bulk Reduction of C&B by
in Australia
by August 2023 customer demand and industrial permits $740,000 recognized in •
Stopped unprofitable
• • • 2024
First sales and brand Reduction in COGS Advancement of 3
sales in Nth America
•
awareness made • Prepared 4,000 tons in permits totaling 150,000 Impairment on granulator •
Limited stock in Canada
• Achieved in ≈ 12 mths storage for winter tonnes - $441,000
•
Prepaid $0.7M Fertify
ROCK
FERTIFY PERMITTING FINANCIALS
SALES
PHOSPHATE
5 | www.fertoz.com
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2024 OUTLOOK Regenerative Ag Macros

Soil health is a key focus for every type of farmer

Multiple fertilizer products entering market with RP as base ingredient Rock Phosphate remains most cost-effective source for regen

Soil amendment companies value adding with RP. Gypsum, Manure, etc

Multinationals becoming more focused on retailing regenerative products

• FERTOZ – Strategic Western Nth America Supplier

FERTIFY - 2024

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Continue the sales and product development momentum of Fertify across Nth America Compost is becoming a standard practice in many farming operations, but needs pellet form moving forward

Dual application – Pelleted or Bulk blended for local farmers with spreaders More companies becoming focused on recycling composted waste and adding rock phosphate. “A Rising Tide Lifts all Ships”

Soil Health from Cost Benefits over Waste conventional Management organic matter, microbes, etc fertilizer Strategy

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Value adding compost with rock phosphate and other elements is key to overcoming freight costs and reducing number of field passes

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| www.fertoz.com

Rock Phosphate

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Retailers : Major corporates beginning to stock our customers regenerative products on shelves

Fertoz Customers: Growth from existing customers and newly identified ones through 3 key avenues.

Soil Amendments : blending with rock phosphate due to compatible application, value add and synergies for release of P2O5

Granulation : combined into a granule with other nutrients for application in seeding equipment or air seeders

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Humic
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Lime

Gypsum

Compost/Manure : including rock phosphate increases P O 2 5 nutrient analysis making it a phosphorous based fertilizer and justifies freight cost.

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| www.fertoz.com

Recent Sales

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Phosphate: 2024 Sales Outlook

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Forecasting growth in 2024 due to strong demand for rock phosphate

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New key customers identified in 2023 – engaged for 2024 sales

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Rock Phosphate inclusion with soil amendments:

• Four key customers including RP in Autumn programs for lime, gypsum or humic

• Collectively > 120,000 tonnes applied by these 4 customers

• Rock Phosphate helps to value add their product and justify freight costs

• Gypsum & humic aid in release of phosphate, while lime is applied to acidic soils where rock phosphate works best

• Fertify inventory created in 2023 to generate AUD$700,000 revenue in 2024

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• Permitting strategy for 2024/25 aligned with regulators and First Nations – bulk sample permit decisions expected in Q3 , increasing sales and profitability

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Targeting further cost reductions, increased gross profit and expanded sales

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| www.fertoz.com

Carbon

Restoration

Continue to sell fertilizers in North America and Australia, with a low carbon footprint i.e. rock phosphate and fused magnesium calcium silicate phosphate, respectively.

Promote the benefits of the low carbon intensity score of Fertify to growers and biofuel plants as a way of increasing fertilizer sales. Continue reforestation in the Philippines by seeking a local investor to fund a minimum of 60% of its reforestation projects in the Philippines.

10 | www.fertoz.com| www.fertoz.com

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Summary

Improvements Achieved Highly effective and dynamic team fit for purpose Costs reduced – targeting cash positive operations Fertify Montana achieves nameplate production – early October 2023 Development of new customer basis that provide volume sales Renewed strategy leveraging existing assets and macro economics

Revenue Growth the Key

FY2024: Significant growth with improved gross margin Accelerating inclusion of RP in soil amendments

Executing Fertify sales on prepaid inventory for positive cash inflows Continued expansion of new customers aligned with Fertoz Positive working relationships with regulators and First Nations for mining in Canada with bulk sample decisions in Q3

Fertoz Potential

Development of a 50,000 tpa business in ≈ 2 years

Capable with existing team and consultant base = high profitability Significantly broader customer base, predominately near our Fernie mine Realizes value of our tenements Rock Phosphate becomes a main ingredient in soil amendments, manure and granulated fertilizer

Continue to seek local ownership up to 60% in Philippines reforestation project to ensure compliance with local foreign investor regulations

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11 | www.fertoz.com

Disclaimer

This presentation has been prepared and issued by Fertoz Ltd (“the Company”) to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background information on the Company and its activities. It does not constitute or contain an offer or invitation to subscribe for or purchase any securities in the Company nor does it constitute an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for or purchase securities in the Company will be entered into on the basis of this presentation.

The information supplied is in summary form and does not purport to be complete. The Company, and directors, officers, employees, agents, affiliates and advisers have not verified the accuracy or completeness of the information, statements and opinions contained in this presentation. Accordingly, to the maximum extent permitted by law, the Company makes no representation and gives no assurance, guarantee or warranty, express or implied, as to, and takes no responsibility and assumes no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission from, any information, statement or opinion contained in this presentation.

You should neither act nor refrain from acting in reliance on this presentation material. You should conduct own and own in order to as to the your investigation perform your analysis satisfy yourself accuracy, and completeness of the information, statements and opinions contained in this presentation . To the extent permitted by law the Company, directors, officers, employees, agents, affiliates and advisers exclude any and all liability (including, without limitation, in respect of direct, indirect or loss or or loss or out of as a consequential damage damage arising negligence) arising result of the use of anything contained in or omitted from this presentation.

without limitation, expansion plans and development objectives of the Company are forward-looking statements. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, they involve subjective judgement, assumptions and analysis and are subject to significant risks, uncertainties and other factors, many of which are outside the control or, and are unknown to the there can be no assurance that such statements or Company. Accordingly, expectations will prove to be accurate and actual results and future events may differ materially from those or described in this Historic information is not an indication or anticipated presentation. representation about the future activities of the Company.

The Company disclaims any obligation or undertaking to disseminate any updates or revisions to any information contained in this presentation and to reflect any change in expectations, events, conditions or circumstances on which that information is based.

This presentation is provided on a strictly private and confidential basis, to be used solely by the recipient. Neither this presentation nor any of its contents may be reproduced or used for any other without the written consent of the In this the purpose prior Company. accepting presentation, recipient agrees that it is provided solely for its use in connection with providing background information on the Company and that it is not used for any other purpose.

Authorised by the Board of Directors.

All statements, other than statements of historical fact, included in the presentation, including

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| www.fertoz.com

12

HIGHLY EXPERIENCED

TEAM

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Daniel Gleeson
TEAM
(CEO)
Ben Bussell
(CFO)
Paul Peterson Sean Gatin Dylan Treadwell Les Szonyi
(USA Sales) (Canada Sales) (Mining Ops) (Carbon Lead)
Consultants
13 | www.fertoz.com
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