Francisco De

Itafos

Itafos Inc. (TSX-V: IFOS) is a phosphate and specialty fertilizer company. Itafos' businesses and projects are as follows: - Conda: a vertically integrated phosphate fertilizer business with production capacity of approx. 550kt per year of MAP, MAP with micronutrients (MAP+), SPA, MGA and APP located in Idaho, US; - Arraias: a vertically integrated phosphate fertilizer business with production capacity of approx. 500kt per year of SSP, SSP with micronutrients (SSP+), and approx. 40kt per year of excess sulfuric acid located in Tocantins, Brazil; - Farim: a high-grade phosphate mine project located in Farim, Guinea-Bissau; - Santana: a vertically integrated high-grade phosphate mine and fertilizer plant project located in Pará, Brazil; - Araxá: a vertically integrated rare earth elements and niobium mine and extraction plant project located in Minas Gerais, Brazil; - Paris Hills: a phosphate mine project located in Idaho, US (wind down in process); and - Mantaro: a large phosphate mine project located in Junin, Peru (wind down in process). The Company is a Delaware corporation that is headquartered in Houston, TX. The Company's shares trade on the TSX-V under the ticker symbol "IFOS". Itafos' principal shareholder is CL Fertilizers Holding LLC ("CLF"). CLF is an affiliate of Castlelake, L.P., a global private investment firm. Learn more at: www.itafos.com