Brazil Potash Expects Access To SUFRAMA-Administered Federal Tax Incentive Regimes To Result In Up To ~$94M In Estimated Tax Savings Over Construction Phase

• Company receives official SUFRAMA registration, enabling access to federal tax incentives
• Milestone demonstrates strong Brazil federal government support and de-risks key project assumptions

MANAUS, Brazil, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Brazil Potash Corp. ("Brazil Potash" or the "Company") (NYSE-American: GRO), a mineral exploration and development company with a critical mineral potash agriculture project, the Autazes Project, announced today that its wholly-owned Brazilian subsidiary, Potássio do Brasil Ltda., received official registration from SUFRAMA (Superintendência da Zona Franca de Manaus), the federal agency responsible for managing tax incentives regimes under the Manaus Free Trade Zone (ZFM) framework in the Western Amazonas Region. SUFRAMA registration means the Company is eligible to operate under SUFRAMA-administered tax incentive procedures, subject to applicable rules, approvals and project-specific authorizations

The Company estimates that access to SUFRAMA-administered federal tax incentive regimes could result in up to ~US$94 million in estimated tax savings over the construction phase, subject to compliance with applicable requirements and individual authorizations. This milestone validates key financial assumptions underlying the project's economic model and demonstrates continued strong support from Brazilian federal authorities.