Mr. Cristiano Veloso reports

VERDE ANNOUNCES CEO'S DECISION TO END AUTOMATIC SECURITIES DISPOSITION PLAN

Verde Agritech Ltd.'s president and chief executive officer, Cristiano Veloso, has terminated the automatic securities disposition plan (ASDP) previously announced in the company's press release dated Sept. 28, 2023.

Mr. Veloso was not in possession of material non-public information at the time the securities broker was provided with notice to terminate the ASDP. In accordance with the terms of the ASDP, the termination will become effective on Jan. 24, 2025, being 30 days following the date notice of termination was provided. This decision relates to personal financial planning and confirms Mr. Veloso's confidence in the company's future prospects.

About Verde Agritech Inc.

Verde Agritech is dedicated to advancing sustainable agriculture through the innovation of specialty multinutrient potassium fertilizers. The company's mission is to increase agricultural productivity, enhance soil health and significantly contribute to environmental sustainability. Utilizing its unique position in Brazil, Verde Agritech harnesses proprietary technologies to develop solutions that not only meet the immediate needs of farmers but also address global challenges such as food security and climate change. Verde Agritech's commitment to carbon capture and the production of ecofriendly fertilizers underscores the company's vision for a future where agriculture contributes positively to the health of the planet.

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