Mr. Cristiano Veloso reports

VERDE ANNOUNCES COURT APPROVAL OF DEBT RENEGOTIATION AGREEMENT

The civil court has homologated Verde agritech Ltd.'s debt renegotiation agreement, as disclosed in press releases dated Oct. 2, 2024, and Nov. 11, 2024.

Terms applicable to adherent creditors

The adherent creditors, representing 92.2 per cent of the total outstanding debt, will be subject to the following conditions from the date of filing of the plan.

1. Grace period: all payments are suspended for 18 months;
2. Repayment term: debt to be amortized over 108 months;
3. Principal repayment schedule:
   1. 10 per cent repaid between months 19 and 54;
   2. 30 per cent between months 55 and 90;
   3. 60 per cent between months 91 and 126;
4. Interest payments:
   1. Between months six and 18: fixed monthly payments of 100,000 Brazilian reals;
   2. Thereafter: interest accrues at Certificado de Deposito Interbancario (CDI) plus 1.25 per cent for three years, increasing to CDI plus 2.5 per cent.

Terms applicable to non-adherent creditors

Non-adherent creditors, accounting for 5.3 per cent of the total outstanding debt, mandated by court ruling to comply with the renegotiation plan, are subject to:

1. Debt reduction: 75 per cent reduction of the principal, equating to a reduction of approximately seven million Brazilian reals;
2. Grace period: 18 months on both principal and interest, starting from the court homologation date, April 14, 2025;
3. Repayment term: 108 months following the grace period;
4. Interest rate: Reduced to the Taxa Referencial (TR), currently at around 0.81 per cent per year.

About Verde agritech Ltd.

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 the company's unique position in Brazil, Verde 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. The company's commitment to carbon capture and the production of eco-friendly fertilizers underscores its vision for a future where agriculture contributes positively to the health of our planet.

We seek Safe Harbor.