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IFOS.V ·

Itafos Announces Release Date FOR Q1 2026 Results and Business Update Webcast

Financials

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TSX-V: IFOS, OTCQX: ITFS

News Release

ITAFOS ANNOUNCES RELEASE DATE FOR Q1 2026 RESULTS AND BUSINESS UPDATE WEBCAST

HOUSTON, TX – April 17, 2026 – Itafos Inc. (TSX-V: IFOS) (OTCQX: ITFS) (“Itafos” or “the Company”) today announces that its financial

results for Q1 2026 will be released after market close on Wednesday, April 29, 2026. An on-demand recorded webcast of management

commentary that reviews the Q1 2026 financial results, provides an update on the business, and addresses analysts’ and investor s’

recent frequently asked questions will be available on Monday, May 4, 2026, at 4:30 p.m. ET. The webcast will be available on t he

Presentations & Events page of the Company’s website www.itafos.com/investors/presentations-fact-sheets/ and will be available for 90

days.

About Itafos

Itafos is a phosphate and specialty fertilizer company with businesses and projects spanning three continents:

 Conda – a vertically integrated phosphate fertilizer business lo cated in Idaho, US, with the following production capacity:

- approximately 550kt per year of MAP, MAP+, SPA, merchant grade phosphoric acid (“MGA”) and APP

- approximately 27kt per year of hydrofluorosilicic acid (“HFSA”)

 Arraias – a vertically integrated phosphat e fertilizer business located in Tocant ins, Brazil, with the following production ta rgets

(following the proposed restart of the beneficiation circuit:

- approximately 275kt per year of singl e superphosphate (“SSP”), PAPR and DAPR

o approximately 170kt per year of SSP, 60kt per year of PAPR and 45kt per year of DAPR

- approximately 40kt per year of excess sulfuric acid (220 kt per year gross sulfuric acid production capacity)

 Farim – a high-grade phosphate mine project located in Farim, Guinea-Bissau; and

 Santana – a vertically integrated hi gh-grade phosphate mine and fertilizer plant project located in Pará, Brazil

The Company is a Delaware corporation headquartered in Houston, Texas, with shares trading on the TSX Venture Exchange under the

ticker “IFOS”. The Company’s shares also trade in the US on the OTCQX® Best Market (“OTCQX”) under the ticker symbol “ITFS”. The

Company’s principal shareholder is CL Fertilizers Holding LLC (“CLF”), an affiliate of global private investment firm Castlelake, L.P.

For more information, or to join the Company’s mailing list, please visit www.itafos.com.

Forward-Looking Information

Certain information contained in this news release constitutes forward-looking information. All information other than information of

historical fact is forward-looking information. Statements that address activities, events or developments that the Company

believes, expects or anticipates will or may occur in the future include, but are not limited to, statements regarding estimates and/or

assumptions in respect of the Company’s financial and business outlook are forward-looking information. The use of any of the

words “intend”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “would”, “believe”, “predict” and

“potential” and similar expressions are intended to identify forward-looking information.

The forward-looking information contained in this news release is based on the opinions, assumptions and estimates of management,

some of which are set out herein, which management believes are reasonable as at the date the statements are made. Those

opinions, assumptions and estimates are inherently subject to a variety of risks and uncertainties and other known and unknown

factors that could cause actual events or results to differ materially from those projected in the forward-looking information.

Although the Company has attempted to identify crucial factors t hat could cause actual actions, events or results to differ materially

from those described in the forward-looking information, there may be other factors that cause actions, events or results not to be as

anticipated, estimated or intended. Additional risks and uncertainties affecting the forward-looking information contained in this news

release are described in greater detail in the Company’s Annual Information Form and current Management’s Discussion and

Analysis available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.itafos.com.

There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ

materially from those anticipated in such information. The reader is cautioned not to place undue reliance on forward-looking

information. The Company undertakes no obligation to update fo rward-looking statements if ci rcumstances or management’s

estimates, assumptions or opinions should change, except as required by applicable securities law. The forward-looking information

included in this news release is expressly qualified by this cautionary statement and is made as of the date of this news release.

NEITHER THE TSX-V NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE

TSX- V) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

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Contacts:

For Investor Relations:

Matthew O’Neill

Executive Vice President & Chief Financial Officer

[email protected]

713-242-8446

For Media:

Alliance Advisors IR

Fatema Bhabrawala

Director, Media Relations

[email protected]

647-620-5002