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April 14, 2025

Genesis Fertilizers Partners with thyssenkrupp Uhde to Revolutionize Ammonia Production for Sustainable Agriculture

April 11th, 2025 – Saskatoon, SK – Genesis Fertilizers is thrilled to announce the signing of a Process Design Package (PDP) and License agreement with thyssenkrupp Uhde, a global leader in ammonia production technology. This partnership represents a critical step in Genesis Fertilizers’ mission proposing to construct Western Canada’s first low-carbon nitrogen fertilizer facility, prioritizing sustainability, innovation, and farmer-focused solutions.

At the heart of nitrogen fertilizer production lies ammonia, the essential building block for sustainable agriculture. thyssenkrupp Uhde’s advanced uhde® ammonia technology integrates groundbreaking innovations that maximize energy efficiency, minimize emissions, and ensures consistent nitrogen yields being based on well referenced and reliable design. This technology is central to Genesis Fertilizers’ vision of providing a stable, locally sourced fertilizer supply to farmers across Western Canada.

“Our collaboration with thyssenkrupp Uhde exemplifies the caliber of innovation and expertise that Genesis Fertilizers is bringing to this transformative project,” said Jason Mann, CEO of Genesis Fertilizers. “Their advanced uhde® ammonia technology not only enhances operational efficiency but also supports our commitment to sustainability, ensuring Canadian farmers have reliable access to high-quality fertilizer.”

thyssenkrupp Uhde’s proprietary uhde® ammonia technology revolutionizes ammonia synthesis by combining nitrogen from the air with hydrogen sourced from natural gas. Their systems are designed to reduce energy consumption, stabilize production costs, and limit emissions—key benefits for Canadian agriculture.

For Western Canadian farmers, this partnership directly addresses critical challenges:

· By reducing reliance on volatile global markets, the proposed facility offers a consistent local source of nitrogen fertilizers.

· Enhanced production efficiency ensures more stable pricing for farmers, helping them plan and manage costs effectively.

· Reduced carbon emissions align with the environmental commitments of farmers and the broader agricultural sector.

By integrating thyssenkrupp Uhde’s technology, Genesis Fertilizers is laying the foundation for a sustainable agricultural future in Western Canada. This partnership is more than a technological milestone—it’s a transformative step toward creating a resilient fertilizer supply chain that directly benefits farmers.

Genesis Fertilizers remains on track for future development phases, with commercial operations targeted to commence by 2029. The company will continue to share updates as it achieves critical milestones, reinforcing its commitment to transparency and farmer engagement.

About Genesis Fertilizers
Genesis Fertilizers is proposing to finance, design and construct a new, highly efficient nitrogen fertilizer production and distribution system that serves today’s modern farmer. This will be comprised of a central production facility constructed near low-cost raw materials serving a Western Canadian network of strategically located farmer-centric distribution centres. Genesis Fertilizers’ is a privately held limited partnership, and its securities do not trade on any exchange.

About thyssenkrupp Uhde
thyssenkrupp Uhde combines unique technological expertise and decades of global experience in the engineering, procurement, construction and service of chemical plants. We develop innovative processes and products for a more sustainable future and thus contribute to the long-term success of our customers in almost all areas of the chemical industry. Our portfolio includes leading technologies for the production of base chemicals, fertilizers and polymers as well as complete value-chains for green hydrogen and sustainable chemicals. www.thyssenkrupp-uhde.com

Media Contacts

Genesis Fertilizers
Jody Stadnyk
(639) 480-3026
jstadnyk@genesisfertilizers.com

thyssenkrupp Uhde
Christian Dill
+49 231 547 3334
christian.dill@thyssenkrupp.com

Advisory Regarding Forward-Looking Statements

This press release contains certain information and statements (“forward-looking statements”) that constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future results or events, are based upon internal plans, intentions, current expectations and reasonable beliefs, and are subject to risks and uncertainties that may cause actual results or events to differ materially from those indicated or suggested therein. All statements other than statements of current or historical fact constitute forward-looking statements. Forward-looking statements are typically, but not always, identified by words such as “anticipate”, “assume”, “estimate”, “expect”, “intend”, “forecast”, “continue”, “contemplate”, “propose”, “may”, “can”, “will”, “if”, “to be”, “aim”, “should”, “could”, “would”, “believe”, “plan”, “target”, “objective”, “project”, “potential”, “outlook”, “subject to”, “working toward” and similar or other expressions indicating or suggesting future results or events.

Forward-looking statements are not promises of future outcomes. There is no assurance that the results or events indicated or suggested by the forward-looking statements, or the plans, intentions, expectations or beliefs contained therein or upon which they are based, are correct or will in fact occur or be realized (or if they do, what benefits Genesis Fertilizers or limited partners of Genesis Fertilizers may derive therefrom). In particular, but without limiting the foregoing, this press release contains forward-looking statements pertaining to: the construction of the Genesis Fertilizer’s fertilizer plant; design options and use of latest technologies available for the fertilizer plant; the fertilizer plant’s products; minimizing emissions from the fertilizer plant and sustainability; the existence and sustainability of any competitive advantage that Genesis Fertilizers may be able to offer; the commercial operations date of the fertilizer plant; and the benefits of the foregoing on the investment of limited partners in Genesis Fertilizers.

The forward-looking statements contained herein reflect management’s current views, but the assessments and assumptions upon which they are based may prove to be incorrect. Although Genesis Fertilizers believes that its underlying assessments and assumptions are reasonable based on currently available information, undue reliance should not be placed on forward-looking statements, which are inherently uncertain, depend upon the accuracy of such assessments and assumptions, and are subject to known and unknown risks, uncertainties and other factors, both general and specific, many of which are beyond Genesis Fertilizers’ control, that may cause actual results or events to differ materially from those indicated or suggested in the forward-looking statements. As Genesis Fertilizers is currently in the capital raising phase of the project, such risks and uncertainties are numerous and include, but are not limited to, access to the significant amounts of required capital and debt financing for construction and initial operation of the fertilizer plant and distribution facilities; general economic, business and industry conditions; the state of the economy and the agricultural crop input business; business prospects and opportunities; variance of Genesis Fertilizers’ actual capital costs versus projections and estimates, operating costs and economic returns from those anticipated; the availability of government grants and programs; and risks related to the sourcing of feedstock and the manufacturing of nitrogen fertilizer.

This press release is not a solicitation to invest in Genesis Fertilizers.

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