NPK

In the past quarter, National Presto Industries, Inc. reported second-quarter 2026 sales of US$146.6 million, up from US$120.45 million a year earlier, with net income rising to US$15.86 million from US$5.15 million and basic EPS from continuing operations increasing to US$2.21 from US$0.72. For the first half of 2026, the company’s sales reached US$265.25 million versus US$224.09 million a year ago, while net income and basic EPS from continuing operations more than improved to US$22.49 million and US$3.14, respectively, highlighting stronger profitability alongside higher revenue. We’ll now look at how this sharp earnings improvement, especially the jump in net income, shapes National Presto Industries’ investment narrative. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 17 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. To own National Presto Industries today, you need to believe in a fairly conservative, cash‑generative business that can translate steady demand in defense and consumer products into resilient earnings and ongoing dividends. The recent second‑quarter release, with a sharp jump in net income and EPS, helps reset the near‑term narrative after a 2025 where profit growth lagged revenue. It suggests that margin pressure, which had been a key short‑term concern, may be easing, at least for now. That could support sentiment after the stock’s very strong year‑to‑date move and its addition to multiple Russell growth indices, both of which raise the stakes for sustaining performance. The flip side is that insider selling and a historically modest return on equity remain live risks that this one strong quarter does not resolve. However, one risk in particular could matter more than the recent earnings jump. National Presto Industries' shares have been on the rise but are still potentially undervalued by 37%. Find out what it's worth. With only one Simply Wall St Community fair value estimate clustered near US$227, investor opinions are still thin, while the recent earnings rebound and insider selling highlight why you may want to compare several viewpoints before deciding how much conviction to have in National Presto’s current trajectory. Explore another fair value estimate on National Presto Industries - why the stock might be worth as much as 58% more than the current price! Don't just follow the ticker - dig into the data and build a conviction that's truly your own. A great starting point for your National Presto Industries research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision. Our free National Presto Industries research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate National Presto Industries' overall financial health at a glance. Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay: AI is about to change healthcare. These 40 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. This technology could replace computers: discover 24 stocks that are working to make quantum computing a reality. The latest GPUs need a type of rare earth metal called Terbium and there are only 28 companies in the world exploring or producing it. Find the list for free. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NPK. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Shares of National Presto Industries, Inc. NPK have gained 13.3% since the company reported its earnings for the quarter ended July 5, 2026, outperforming the S&P 500 index’s 3.8% change over the same period. Over the past month, National Presto shares have advanced 11.7% compared with a 2.5% increase for the S&P 500. National Presto reported second-quarter 2026 earnings per share of $2.21, which rose 206.9% from 72 cents a year earlier. Net sales of $146.6 million indicated a 21.7% rise from $120.5 million in the year-ago quarter. Net earnings increased 207.9% to $15.9 million from $5.2 million. National Presto Industries, Inc. price-consensus-eps-surprise-chart | National Presto Industries, Inc. Quote The Defense segment was the principal contributor to National Presto's top-line growth during the quarter. Defense sales increased $27.1 million, or 27.2%, from the comparable 2025 quarter, reflecting higher shipments from backlog. In contrast, Housewares/Small Appliances sales declined $1.2 million, or 6.2%. Safety segment sales remained relatively small but increased $0.2 million, or 91.7%, year over year. Defense also recorded a substantial improvement in profitability. The segment's operating earnings increased $4.9 million, or 33.5%, from the second quarter of 2025. Housewares/Small Appliances generated operating earnings of $2.2 million, reversing the segment's loss in the prior-year quarter. The Safety segment, meanwhile, reported a loss, which management said was anticipated. President Maryjo Cohen attributed the Defense segment's sales increase to greater shipments from the company's backlog. The segment manufactures products including medium-caliber training and tactical ammunition, energetic ordnance items, fuzes, cartridge cases and metal parts. Its higher quarterly volume also drove the 33.5% increase in Defense operating earnings. Management linked the decline in Housewares/Small Appliances sales largely to the impact of Trump tariffs on retail order timing. According to Cohen, retailers accelerated orders in 2025 to secure lower pre-tariff pricing. Increased retail prices resulting from the tariffs have subsequently weighed on consumer demand. The sharp improvement in quarterly earnings reflected more than National Presto's revenue growth. Higher Defense volume boosted that segment's operating profit, while Housewares/Small Appliances swung from a year-ago operating loss to a $2.2 million operating profit. Management said most of the Housewares/Small Appliances profit resulted from a refund of a portion of tariffs previously paid by the segment that the Supreme Court declared unauthorized in its February decision. Consequently, the tariff refund provided a meaningful benefit to second-quarter profitability even as tariff-related retail pricing and order timing pressured Housewares/Small Appliances sales. At the same time, the Defense segment's higher backlog shipments provided an operating driver for both consolidated sales and earnings growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Presto Industries, Inc. (NPK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

This article first appeared on GuruFocus. Release Date: May 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Nampak Ltd (JSE:NPK) achieved a 33% reduction in net finance costs due to sustained debt reduction and lower interest rates. Net debt decreased by 30% to $2.2 billion, improving the net debt to EBITDA ratio to 2.2 times, excluding Angola. Beverage Angola delivered strong results with a 30% revenue and 28% EBITDA uplift, now representing 23% of group normalized EBITDA. The company reported a 9% increase in normalized headline earnings, despite challenges in the diversified segment. Nampak Ltd (JSE:NPK) has a sound balance sheet with a significant reduction in gearing, creating capacity for future growth and potential dividend resumption. Revenue for the period was 1% lower at $5.6 billion, with a 6% decrease in normalized EBITDA, highlighting challenges in the diversified segment. The diversified business experienced a significant volume decline and profit deleveraging due to structural and seasonal challenges. The sale of Nampak Zimbabwe Limited is still in process, following an unsuccessful transaction earlier in the year. The company faced sporadic raw material outages and an 8% depreciation of the Rand, impacting performance. There is increased competition in the market, with some loss of business in the beer segment and export markets. Warning! GuruFocus has detected 5 Warning Signs with JSE:NPK. Is JSE:NPK fairly valued? Test your thesis with our free DCF calculator. Q: Are you insulated from the global aluminum shortage, and does this open up any export opportunities? A: At this point, we don't see any disruption in supply. The biggest driver of the move in LME pricing has been smelter capacity outside of the Middle East. We don't see any supply disruption currently, and we have extended our raw material position in Angola. Export opportunities are limited due to shipping dynamics and costs. Q: What capacity is Angola running at, and what does the ramp-up of the line arriving in South Africa look like? A: In Angola, we have significant capacity north of 40%. The new line in Springs, South Africa, will be commercially available from August, primarily for small cans. The real capacity gain will come after converting Line 1 by the end of 2026, with full benefits expected in 2027. Q: Can you give any further color on the Zimbabwe disposal timeline? A: We are engaging with interested parties for both the whole and parts of the business. While the transaction may not be completed by September 30, we remain confident in concluding it, either as a whole or in parts. Q: What gearing ratio are you aiming at, and what dividend cover do you anticipate? A: We aim for a net debt to EBITDA ratio between 1.3 and 1.8 times. Dividend distribution will depend on the debt position rather than specific ratios. We are focused on resuming dividends, potentially with the full-year results. Q: Can you provide an update on the CapEx expectations for the full year and an estimate for 2027? A: For FY26, we forecast around 500 million in capital expenditure for continuing operations, concluding the expansionary spend. Going forward, we expect CapEx to be in the range of 250 to 300 million to sustain the business. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Shares of National Presto Industries, Inc. NPK have declined 0.5% since the company reported earnings for the quarter ended April 5, 2026, compared with a 2.3% gain for the S&P 500 index over the same period. Over the past month, the stock fell 3.1%, underperforming the broader market’s 9.6% advance. National Presto reported first-quarter 2026 earnings per share of 93 cents, which dropped from $1.07 in the prior-year quarter. Net sales of $118.6 million denoted a 14.5% rise from $103.6 million in the year-ago quarter. However, net earnings declined 12.9% to $6.6 million from $7.6 million a year earlier. The company attributed the mixed performance to strength in its Defense segment offset by operational and demand-related challenges in its Housewares/Small Appliance and Safety businesses. National Presto Industries, Inc. price-consensus-eps-surprise-chart | National Presto Industries, Inc. Quote The Defense segment was the primary contributor to the quarter’s sales increase. Segment sales rose by $18.6 million, or 23%, reflecting higher shipments from backlog orders, according to President Maryjo Cohen. Operating earnings in the segment also increased by $1.1 million, or 8.2%, supported by the higher shipment volume. Despite the revenue gains, profitability in the Defense business faced pressure from several factors. Management cited a less favorable product mix, lower manufacturing absorption and increased allocation of corporate overhead expenses. The lower absorption was tied largely to a two-week shutdown at the government-operated facility responsible for load assembly and pack operations for most 40mm rounds. National Presto’s Housewares/Small Appliance segment experienced a sharp decline in sales during the quarter. Revenue in the segment fell by $3.4 million, or 15.6%, primarily because startup issues at a new warehousing facility disrupted shipments during part of the quarter. Management also pointed to weaker demand tied to tariff-driven price increases that negatively affected sales volumes. The decline in shipment volume, combined with costs associated with launching the new warehouse and a less favorable sales mix, resulted in what management described as a “sizable loss” for the segment. The Safety segment also reported weaker results. Because the segment distributes products from the same warehouse facility, it experienced shipment disruptions similar to those affecting the Housewares business. As a result, the Safety segment recorded reduced shipments and reported a loss during the quarter. During the quarter, the Safety segment expanded its Rely FX line of specialty commercial fire extinguishers. The company introduced eight new dry chemical extinguishers and four heavy-duty mounting brackets, completing a 10-product lineup that includes extinguishers introduced in late 2025. Management emphasized the products’ durability and compliance with a broad range of standards, including Underwriters Laboratories, Department of Defense, Coast Guard, Department of Transportation, Mine Safety and Health Administration, and National Fire Protection Association requirements. The extinguishers are designed for use in demanding environments such as military, mining, marine, and emergency-response applications. The company also noted that the extinguishers are engineered to withstand temperatures ranging from minus 65 degrees Fahrenheit to 160 degrees Fahrenheit and can tolerate impact shocks of up to 200 G’s when mounted using the company’s heavy-duty brackets. Production and marketing of the new products are scheduled to begin in May. The company continued operational expansion efforts within its Safety segment through the launch of the full Rely FX fire extinguisher product line and the ongoing implementation of its new warehousing facility. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Presto Industries, Inc. (NPK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

All figures are in Canadian dollars unless otherwise stated. BELO HORIZONTE, Brazil and SINGAPORE, March 26, 2026 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: NPK | OTCQX: VNPKF) ("Verde” or the “Company”), today reported its operating and financial results for the fourth quarter and fiscal year ended December 31, 2025 (“Q4 2025” and “FY 2025”). “The Great Brazilian Agriculture Crisis continued to weigh on sales throughout 2025, and the sharp rise in judicial recovery filings across Brazil’s agribusiness sector shows how stressed the market remains. Since the crisis began in 2023, Verde has maintained a highly restrictive credit approval policy, prioritizing receivables quality, liquidity preservation and commercial discipline over volume at any cost. We believe this has been the right approach to protect the Company and preserve its ability to grow when sector credit conditions begin to normalize” stated Cristiano Veloso, Founder and CEO of Verde AgriTech. Fourth Quarter And Full Year 2025 Financial Highlights FY 2025 was a year of disciplined credit-risk management in a highly stressed Brazilian agricultural input market. Q4 2025 provided early evidence of improved commercial quality, with higher revenue per ton and materially lower expected credit losses. Revenue in FY 2025 was $16.6 million compared to $21.6 million in FY 2024. In Q4 2025 revenue increased to $3.1 million from $2.9 million in Q4 2024. Sales Volume totaled 258,432 tons in FY 2025 compared to 318,870 tons in FY 2024 and 45,113 tons in Q4 2025 versus 47,888 tons in Q4 2024 as deteriorating credit conditions across Brazilian agriculture and the Company's tighter credit approvals reduced higher-risk sales, with Verde prioritizing receivables quality and liquidity over volume. Gross margin remained resilient at 72% in FY 2025 compared to 71% in FY 2024. In Q4 2025 Gross Margin was 63% compared to 65% in Q4 2024. Allowance for expected credit losses declined to $0.9 million in FY 2025 from $2.3 million in FY 2024. In Q4 2025, allowance for expected credit losses declined to $0.3 million from $1.3 million in Q4 2024. EBITDA before non-cash events remained stable year over year at $(2.8) million despite lower FY 2025 revenue. In Q4 2025, EBITDA improved to $(1.3) million from $(2.1) million in Q4 2024. Net loss narrowed to $(11.7) million in FY 2025 from $(12.6) million in FY 2024. In Q4 2025, net loss was $(3.4) million compared to $(2.8) million in Q4 2024. As of December 31, 2025, the Company held $3.0 million in cash and $5.3 million in short-term receivables. Subsequent to year-end, the Company completed a brokered private placement for gross proceeds of $4.5 million1. ________________________________ 1 Learn More at: Verde AgriTech Announces Closing of $4.5 Million LIFE Financing With Majority Subscribed by Leading Resources Institutional Investor. Q4 2025 and FY 2025 Sustainability Results In Q4 2025, product sold by Verde had the potential to capture up to 5,414 tons of CO₂ through Enhanced Rock Weathering, with an estimated net carbon removal of 3,940 tons, while also avoiding 2,373 tons of CO₂e emissions by replacing potassium chloride fertilizers. Since production began in 2018, the combined potential carbon removal and avoided emissions total approximately 337,719 tons of CO₂. Additionally, 3,571 tons of chloride were prevented from entering soils in Q4 2025, bringing the cumulative total avoided since inception to 192,313 tons. Magnetic Rare Earth Program Highlights Since first disclosing its district-scale clay-hosted rare earth discovery in Minas Gerais, Brazil in October 2025, and formally naming it the Minas Americas Global Alliance Project later that month, Verde has advanced a growing drill-confirmed clay-hosted rare earth discovery, with the footprint now exceeding 3.5 km² within a mapped and surface-sampled geological unit exceeding 15 km² and drilling ongoing across eight additional targets. Metallurgical work has confirmed ionic-adsorption behaviour, with leach tests returning up to 667 mg/kg of DREO and 278 mg/kg of MREO in primary leach solution, while thorium and uranium were at or below detection in the best intervals. Drilling has consistently intersected shallow mineralization from surface, including 14.2 metres averaging 6,858 ppm TREO and 1,673 ppm MREO, 13.0 metres averaging 0.83% TREO including 8.0 metres at 1.01% TREO, and, most recently, 10.0 metres averaging 8,439 ppm TREO and 1,965 ppm MREO, including 5.0 metres averaging 11,032 ppm TREO and 2,717 ppm MREO. These results are supporting 3D modelling, representative metallurgical composites and continued advancement toward a maiden resource. Strategic Initiatives And Recent Events Brokered LIFE Financing2 Subsequent to year-end, the Company completed a brokered private placement for gross proceeds of $4.5 million (approximately $4.0 million net after commissions, transaction fees and offering-related costs). The Company intends to use the net proceeds raised from the Offering to accelerate work at its Minas Americas Global Alliance rare earth project, including resource definition drilling, metallurgy optimization, and other technical de-risking required for maiden NI 43-101 and for working capital and general corporate purposes. Fertilizer Market Conditions and 2026 Outlook Brazil’s agricultural input market remained under significant financial pressure throughout 2025. On March 18, 2026, Central Bank of Brazil reduced the Selic rate to 14.75% from 15.003%, but financing conditions remain highly restrictive for growers and agricultural distributors. Serasa Experian reported 1,990 agribusiness judicial recovery requests in 2025, up 56.4% from 2024, underscoring the degree of financial stress across the sector4. In this environment, credit availability became the principal commercial constraint, as purchasing decisions were driven by liquidity preservation, restricted financing and lower willingness to assume credit risk across the distribution chain. Farm economics were also pressured by an unfavorable spread between costs and crop prices. The World Bank reported that fertilizer prices increased nearly every month during 2025, while food commodity prices were 5% lower than a year earlier5. This divergence compressed profitability across several crops and reduced producers’ capacity to commit cash to input purchases. In soybeans, one of Brazil’s key farm-economics benchmarks, recent analysis indicates that margins are approaching breakeven as lower soybean prices, elevated production costs and weak port premiums continue to pressure returns6. The agronomic backdrop itself remains constructive, with the Companhia Nacional de Abastecimento (Conab) projecting a record Brazilian grain harvest in 2025/26. However, stronger production does not immediately repair producer balance sheets after two years of tighter credit, higher financing costs and weaker cash generation. Conab has also indicated that soybean trading entered 2026 at a slow pace and under defensive demand conditions7, reinforcing the view that many growers may continue to shorten purchasing windows and delay commercial decisions despite solid crop fundamentals. Taken together, these indicators suggest that the near-term constraint is credit availability and growers' ability to finance purchases, rather than agronomic demand. Looking ahead, Verde believes market conditions are likely to remain challenging in the near term, with tighter agricultural credit continuing to constrain fertilizer sales. According to Agrinvest Commodities Consultoria, fertilizer purchases for the 2026/27 season in the Company’s key markets are running at roughly half the historical pace for this point in the season. Against this backdrop, the Company expects Q1 2026 sales volumes to remain below the prior year. In response, Verde is implementing strategic adjustments across the business, including workforce reductions, contract reviews and other cost-efficiency initiatives, which are expected to generate over BRL 6 million in savings over 12 months. Together with a sharper commercial focus on higher-margin regions and assuming the current fertilizer price environment is sustained, these actions are expected to support positive EBITDA in 2026, even at sales volumes broadly in line with 2025. ________________________________ 2 Learn More at: Verde AgriTech Announces Closing of $4.5 Million LIFE Financing With Majority Subscribed by Leading Resources Institutional Investor. 3 Source: Banco Central do Brasil – Copom Minutes and Selic Rate Decisions. 4 Source: Serasa Experian. Judicial Reorganization: Agribusiness closes 2025 with almost 2,000 requests for this recourse and registers the highest accumulated total in the historical series, reveals Serasa Experian (March 9, 2026). 5 Source: World Bank. Food Security Update 119. 6 Source: Conab. Logistics Bouletin (February 26, 2026). 7 Source: Conab. Grain-harvest survey release (March 13, 2026). Q4 2025 AND FY 2025 FINANCIAL RESULTS The following table provides information about the three and twelve months ended December 31, 2025, as compared to the three and twelve months ended December 31, 2024. (1) Non-GAAP measure. EBITDA before non-cash events is calculated as operating loss before depreciation, amortization and non-cash events. (2) Included within General and Administrative expenses in the financial statements. For FY 2025, this amount includes the accounting recognition associated with the transfer of mineral rights to Oby Rare Earths and expenses related to stock options granted during the period. Comparative period amounts relate to non-cash items recognized in the respective periods. (3) Included within General and Administrative expenses and Cost of Sales in the financial statements. Sales Performance Revenue for FY 2025 was $16.6 million compared to $21.6 million in FY 2024. The decline was primarily driven by lower volumes in a market where growers faced tighter credit conditions and weaker near-term cash generation. Verde maintained a rigorous credit approval process, particularly for specialty fertilizer sales that include third-party raw materials and chose to limit higher-risk exposure rather than extend terms that were not adequately compensated. General and administrative expenses Expenses decreased to $4.2 million in FY 2025 from $4.4 million in FY 2024, primarily reflecting lower legal, professional and consulting expenses over the course of the year. In Q4 2025, G&A increased to $1.2 million from $1.0 million in Q4 2024, mainly due to the recognition of a provision for success-based legal fees associated with the Company’s debt renegotiation and restructuring efforts. Allowance for expected credit losses The allowance for expected credit losses decreased from $2.3 million in 2024 to $0.9 million in 2025, primarily reflecting lower delinquency levels following the implementation of stricter credit policies. Financial Results and Profitability EBITDA before non-cash events for FY 2025 was $(2.8) million compared to $(2.8) million in FY 2024. Net loss for FY 2025 was $(11.7) million, compared to a net loss of $(12.6) million in FY 2024. Results continued to reflect elevated net finance expense in a high-interest rate environment. Basic loss per share totaled $(0.22) in FY 2025, compared to $(0.24) in FY 2024. Liquidity, Debt and Working Capital As of December 31, 2025, the Company held $3.0 million in cash and $5.3 million in short-term receivables. Total loan balance was $47.4 million, of which $5.4 million was due within 12 months and $42.0 million was due thereafter, with an average interest rate of 17% per annum. The Company ended FY 2025 with positive working capital of $2.1 million. The year-over-year increase in current liabilities primarily reflects the scheduled reclassification of borrowings into the current portion as repayments come due following the renegotiated debt profile, rather than a deterioration in underlying liquidity. Net cash used in operating activities narrowed materially to $(0.03) million in FY 2025, compared to $(1.9) million in FY 2024, primarily reflecting tighter credit underwriting and working capital management, which helped stabilize cash flow despite weaker sales. Q4 & FY 2025 Financial Results Conference Call The Company will host a conference call to discuss Q4 & FY 2025 results and provide an update on its magnetic rare earth program. Subscribe using the link below and receive the conference details by email. The Company’s financial statements and related notes for the year ended December 31, 2025 are available to the public on SEDAR+ at www.sedarplus.ca and the Company’s website at www.investor.verde.ag/. About Verde AgriTech Verde AgriTech is a Brazil‑focused specialty fertilizer company listed on the TSX and OTCQX. The Company is advancing the Minas Americas Global Alliance rare earth project in Minas Gerais, Brazil, leveraging its operational platform and regional experience to accelerate exploration and technical de‑risking. For more information on how we are leading the way towards sustainable agriculture and climate change mitigation in Brazil, visit our website at https://verde.ag/en/home/. For additional information please contact: Cristiano Veloso, Chief Executive Officer and Founder Tel: +55 (31) 3245 0205; Email: [email protected] www.verde.ag | www.investor.verde.ag Cautionary Language and Forward-Looking Statements Cautionary Note Regarding Mineral Resources and Reserves (NI 43-101 / CIM) Unless otherwise indicated, all scientific and technical information in this news release has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards (May 10, 2014). Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Inferred Mineral Resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that any part of an Inferred Mineral Resource will be converted into Measured or Indicated Mineral Resources or into Mineral Reserves. The results of any preliminary economic assessment (“PEA”) or pre-feasibility study (“PFS”), to the extent referenced, are preliminary in nature and include inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves; there is no certainty that the PEA or PFS results will be realized. Cautionary Note to U.S. Investors The terms “Mineral Resource,” “Inferred Mineral Resource,” “Indicated Mineral Resource,” and “Measured Mineral Resource,” and “Mineral Reserve,” as used herein, are defined in accordance with NI 43-101 and the CIM Definition Standards, which differ in certain respects from the requirements of the U.S. Securities and Exchange Commission (“SEC”), including Subpart 1300 of Regulation S-K (“S-K 1300”). Accordingly, information contained herein may not be comparable to similar information made public by U.S. companies subject to the SEC’s reporting and disclosure requirements. Forward-Looking Information and Forward-Looking Statements This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). Forward-looking statements are made as of the date of this news release and relate to future events or performance. Often, but not always, forward-looking statements can be identified by words such as “expects,” “anticipates,” “plans,” “projects,” “estimates,” “envisages,” “assumes,” “intends,” “strategy,” “goals,” “objectives,” or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results “may,” “could,” “would,” “might,” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, without limitation, statements with respect to: (i) estimates of the tonnage and grades of Mineral Resources and Mineral Reserves; (ii) the potential amount of CO₂ removal per ton of rock and the development, verification, issuance and sale of carbon-removal credits; (iii) the PFS representing a viable development option for the Project and the timing of related disclosures; (iv) estimates of initial and sustaining capital costs, operating and total costs, payback periods, net cash flow, net present value and economic returns; (v) future production volumes (produced and sold), near-term sales volumes, sales assumptions and the expected effects of restructuring initiatives; (vi) the Company’s competitive position in Brazil and potash market demand; (vii) recommendations of any special committee; (viii) the terms, timing, court approval and financial impact of any debt restructuring; and (ix) the potential outcomes of re-assaying certain core samples. These forward-looking statements are based on the Company’s and its consultants’ reasonable assumptions, estimates and opinions as of the date hereof, including, without limitation: (i) the presence and continuity of Mineral Resources and Mineral Reserves at estimated grades; (ii) geotechnical, hydrological and metallurgical characteristics of rock consistent with sampled results; (iii) capacities, availability and performance of equipment and personnel at estimated costs and timelines; (iv) foreign exchange rates; (v) realized sales prices, market size and adoption for the Company’s products; (vi) applicable discount, tax and royalty rates; (vii) availability and cost of acceptable financing; (viii) anticipated mining loss and dilution; (ix) receipt of required permits and other regulatory approvals on acceptable terms; (x) reasonable contingency allowances; (xi) successful execution of operating plans; (xii) the fulfilment of environmental assessment commitments and community arrangements; and (xiii) for carbon-removal activities, the applicability of methodologies, verification, permanence, monitoring and market acceptance. Forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, without limitation: risks related to court approvals and the completion of any debt restructuring; variations in grade or recovery; adverse geotechnical, hydrological or metallurgical conditions; changes in project parameters as plans continue to be refined; cost escalation and inflationary pressures; labour availability; fluctuations in commodity prices and demand (including potash); foreign-exchange volatility (including Brazilian Real–Canadian dollar); availability and terms of financing; changes in agricultural credit conditions, customer insolvencies and collection risk; the Company's ability to implement restructuring measures and realize expected cost savings; changes in tax and royalty regimes; delays in permitting or stakeholder agreements; competitive pressures; infrastructure and operational risks; regulatory changes affecting mining, fertilizers and carbon-removal markets; and, for carbon-removal activities, risks relating to methodology eligibility, additionality, durability/permanence, leakage, monitoring, verification, certification, policy shifts and pricing, any of which could affect the issuance, saleability or value of credits. Additional information about risk factors is described in the Company’s most recent Annual Information Form filed on SEDAR+ (www.sedarplus.ca) and in other continuous disclosure filings. The foregoing list is not exhaustive, and there can be no assurance that forward-looking statements will prove accurate. Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Financial Outlook / Future-Oriented Financial Information This news release may contain future-oriented financial information or financial outlooks (collectively, “FOFI”) within the meaning of applicable securities laws, including, without limitation, management's expectations regarding near-term sales volumes, the effects of restructuring initiatives, liquidity preservation and, where applicable, estimates of capital and operating costs, net present value, internal rate of return, payback and projected revenues or cash flows. Such FOFI is provided to describe management's current expectations regarding the Company's business, market conditions and proposed project development and may not be appropriate for other purposes. The FOFI is based on the assumptions and subject to the risks described above, and actual results may vary materially. Currency, Units and Trademarks Unless otherwise stated, all figures are in Canadian dollars (C$). Tonnages are metric tons. Consolidated Statement Of Profit or Loss8 For the year ended 31 December 2025 All amounts expressed in Canadian Dollars. ________________________________ 8 For important notes and disclosures, please refer to the Company’s Q4& FY full consolidated financial statements and accompanying notes. Consolidated statement of financial position9 As at 31 December 2025 All amounts expressed in Canadian Dollars. ________________________________ 9 For important notes and disclosures, please refer to the Company’s Q4 & FY full consolidated financial statements and accompanying notes.

Shares of National Presto Industries, Inc. NPK have gained 6.2% since the company reported its earnings for the year ended Dec. 31, 2025. This compares to the S&P 500 index’s 1.3% decline over the same time frame. Over the past month, the stock has gained 8.6% compared with the S&P 500’s 2% decrease. The outperformance suggests investors responded positively to elements of the company’s latest financial update despite mixed operational trends in the underlying results. National Presto reported earnings per share of $4.63 in 2025, which dropped from $5.82 recorded in 2024. Net sales of $503.5 million indicated a 29.7% rise from $388.2 million in 2024. However, profitability declined despite the strong revenue growth. Net earnings fell 20.2% to $33.1 million from $41.5 million in the prior year. The company said the sales increase was largely driven by its Defense segment, which benefited from higher shipments tied to a sizable backlog. National Presto Industries, Inc. price-consensus-eps-surprise-chart | National Presto Industries, Inc. Quote The Defense segment was the primary growth engine in 2025. Sales in the division rose by $121.9 million, or 42.9%, reflecting higher shipment volumes supported by the segment’s backlog. The increased shipments translated into stronger operating earnings, which rose by $15.5 million, or 36.2%. Management indicated that the improvement stemmed mainly from volume-driven gains, though the company also cited factors such as product mix, manufacturing efficiencies and material costs as contributing influences on profitability. In contrast, the Housewares/Small Appliance segment faced a challenging environment. Net revenue in this segment declined by $7.2 million, or 7.0%, compared with the prior year. Management attributed the drop largely to tariff-related pressures. Retailers were reluctant to accept tariff-driven price increases, and higher retail prices dampened consumer demand. The segment also recorded a significant operating loss, which the company linked to both declining sales and higher tariff-related costs. Tariffs had an especially pronounced effect on the segment’s cost structure. Because the business uses the LIFO inventory valuation method, tariffs are treated as period costs and expensed as incurred, amplifying the immediate impact on profitability. The Safety segment delivered modest improvements but remained small relative to the company’s other businesses. It reported increased sales and a smaller comparative loss, though management characterized the segment’s revenue levels as still nominal. Management highlighted tariffs as a major factor shaping the company’s financial results and outlook. According to president Maryjo Cohen, tariffs not only pressured margins in the Housewares/Small Appliance segment but also contributed to reduced demand as retailers and consumers reacted to higher prices. Cohen also addressed the uncertainty surrounding a recent Supreme Court decision that struck down tariffs imposed under the International Emergency Economic Powers Act (IEEPA). She noted that it remains unclear whether or when previously imposed tariffs might be refunded, citing the absence of specific guidance from the Court and the administration’s intention to contest potential refunds in court. At the same time, she warned that new tariffs could continue to emerge, potentially at rates equal to or higher than those imposed in 2025. National Presto’s board announced a regular dividend of $1.00 per share for 2026. The payment will be made on March 20, 2026, to shareholders of record as of March 9. The company emphasized that the dividend continues an 82-year history of uninterrupted payouts. However, management confirmed that, as in 2025, there will be no special dividend this year. Cohen explained that the company must allocate cash to support the inventory required to fulfill the Defense segment’s sizable backlog, limiting flexibility for additional distributions. Several operational developments also affected the company’s results during the year. National Presto is in the process of relocating its Housewares/Small Appliance distribution center from Canton, MS, to Nettleton, MS. During the transition, the company incurred duplicated staffing costs because both facilities needed to operate simultaneously until training and the move are completed. Additional expenses were associated with transporting equipment and inventory. The segment also recorded a sizable capital loss tied to the bankruptcy of a key supplier, adding to the financial pressure already created by tariffs and declining sales. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Presto Industries, Inc. (NPK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Shares of National Presto Industries, Inc. NPK have declined 5.4% since the company reported its earnings for the quarter ended Sept. 28, 2025. This compares to the S&P 500 index’s 2.3% growth over the same time frame. Over the past month, the stock has declined 6.2% compared with the S&P 500’s 2.9% growth, underscoring a period of underperformance relative to the broader market. For the third quarter of 2025, National Presto reported earnings per share (EPS) of 74 cents, which dropped from $1.13 a year ago. Net sales of $115.5 million denoted a 25.7% increase from $91.8 million in the year-ago period. This gain was primarily driven by stronger shipments in the company’s Defense segment. However, despite the sales growth, net earnings fell 34.2% year over year to $5.3 million from $8.1 million. National Presto Industries, Inc. price-consensus-eps-surprise-chart | National Presto Industries, Inc. Quote The Defense segment was the standout performer in the quarter, with revenues climbing by $25.8 million, or 38.6% year over year. This surge was attributed to higher shipments from backlog, leading to improved operating earnings of $1.7 million. The company noted that performance was also influenced by variations in product mix, operational efficiencies, and material costs. Conversely, the Housewares/Small Appliance segment saw its revenues fall by $2.3 million, a 9.2% drop. The decline was mainly due to retailer pushback against tariff-driven price increases. Like the previous quarter, the segment incurred a substantial operating loss, which the company attributes to the impact of tariffs imposed under the Trump administration. These tariffs are expensed as incurred, consistent with the segment's use of the LIFO inventory accounting method. Maryjo Cohen, president of National Presto, acknowledged the diverging performance across business segments. She emphasized that the Defense segment benefited from backlog-driven shipments, while the Housewares segment continued to be hampered by tariff-related headwinds. The company noted that the tariffs were treated as period costs, contributing to the ongoing losses in the Housewares/Small Appliance unit. The Startup Safety segment, which includes smoke and carbon monoxide alarms along with fluorine-free foam fire extinguishers, reported only nominal sales and posted a loss during the quarter. Management offered limited commentary on this segment, suggesting it remains in early-stage development with ongoing investment needs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Presto Industries, Inc. (NPK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Shares of National Presto Industries, Inc. NPK have declined 7.1% since the company reported its second quarter earnings for the period ended June 29, 2025. Over the same time frame, the S&P 500 index remained nearly flat with a 0.1% gain. For the full month, National Presto stock has slipped 3.1%, in contrast to a 3.1% rise in the broader S&P 500, signaling underperformance relative to the market. For the second quarter of 2025, National Presto reported earnings per share (EPS) of 72 cents, which decreased from 85 cents over the same period. Net sales of $120.4 million denoted a 41.6% increase from the $85.1 million posted in the same quarter last year. Despite this robust top-line growth, net earnings declined 15.2% year-over-year to $5.2 million, compared to $6.1 million in the second quarter of 2024. Looking at the first six months of the year, cumulative net sales reached $224.1 million, up 38.6% from $161.7 million in the first half of 2024. Net earnings for the six-month period edged up slightly to $12.8 million from $12.6 million a year earlier, with EPS at $1.79 versus $1.78. National Presto Industries, Inc. price-consensus-eps-surprise-chart | National Presto Industries, Inc. Quote The strong increase in quarterly sales was primarily driven by the Defense segment, which recorded a revenue gain of $33.7 million, or 50.9%, compared to the prior-year quarter. This increase was attributed to heightened shipments from existing backlog orders. In tandem with this volume growth, operating earnings in the Defense segment rose by $5.5 million, representing a 61% increase from the second quarter of 2024. The Housewares/Small Appliances segment also experienced a revenue increase of $1.7 million, or 9%, year over year. However, this growth did not translate into improved profitability. Instead, the segment posted a sizable operating loss. According to President Maryjo Cohen, the primary cause was the imposition of Trump-era tariffs, which are accounted for as period costs under the LIFO inventory valuation method used in this segment. Additionally, a supplier bankruptcy led to the forfeiture of a deposit, exacerbating the negative impact on earnings. Meanwhile, the Safety segment delivered only nominal sales and, as anticipated, incurred a loss during the quarter. The company did not report any improvements or outlook shifts for this segment, suggesting that its performance remains a drag on consolidated results. President Maryjo Cohen highlighted that the Defense segment remains the company’s key growth driver, supported by backlog execution and new awards. She noted that while Defense benefitted from higher volumes and earnings, the performance of the Housewares/Small Appliances segment was weighed down by external and internal pressures. These included increased tariff costs and supply chain disruptions, such as the supplier bankruptcy. Cohen also noted that the company’s portfolio earnings for the quarter were “nominal,” citing the sizable investments made in inventory to support expanded Defense operations. This suggests that National Presto is prioritizing future revenue realization from government contracts over short-term financial gains from its investment portfolio. While sales growth was substantial, particularly in Defense, the company's overall earnings were pressured by a confluence of challenges. The impact of Trump tariffs on the Housewares segment was significant, reducing earnings through increased period costs. The supplier bankruptcy led to an unrecoverable loss, further eroding segment profitability. Additionally, the decision to tie up capital in Defense-related inventory reduced the company’s ability to generate income from its portfolio, which typically contributes to quarterly earnings. These factors together counterbalanced the positive effects of higher Defense revenue and limited the company’s overall earnings potential. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Presto Industries, Inc. (NPK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Shares of National Presto Industries, Inc. NPK have declined 8.2% since the company reported its earnings for the quarter ended March 30, 2025. This compares to the S&P 500 index’s 0.3% decline over the same time frame. Over the past month, the stock has decreased 4.8% against the S&P 500’s 2.8% growth, suggesting a notable underperformance relative to the broader market. National Presto reported first-quarter 2025 earnings per share of $1.07 compared to 92 cents a year ago. (See the Zacks Earnings Calendar to stay ahead of market-making news.) Net sales reached $103.6 million, marking a 35.2% increase from $76.7 million in the prior-year period. Net earnings rose to $7.6 million, up 15.9% from $6.6 million in the first quarter of 2024. National Presto Industries, Inc. price-consensus-eps-surprise-chart | National Presto Industries, Inc. Quote All three of the company’s segments experienced higher sales during the quarter, but the Defense segment was the standout performer. Defense sales surged $25.9 million, or 47.1%, primarily driven by increased backlog shipments. Operating earnings in the Defense segment also climbed significantly — by $4.9 million or 58.6% — reflecting the sales boost. Meanwhile, sales in the Housewares/Small Appliance and Safety segments showed only nominal gains. However, the Small Appliance business posted an operating loss, attributed to a less favorable product mix and elevated material costs. The Safety segment also recorded a loss, which management had previously anticipated. President Maryjo Cohen emphasized that the growth in Defense was the central driver of overall company performance, citing “increased shipments from its backlog” as the primary catalyst. However, she acknowledged challenges in the consumer-facing segments, particularly in the Housewares business. A key headwind was the implementation of “Trump tariffs” on certain imported goods, which became effective for shipments deemed to have originated from the Orient after Jan. 31. These tariffs, now set at 145%, are recorded as period costs and significantly impacted earnings. In response, the company has paused new product announcements and purchasing activity, a notable shift given its historical emphasis on innovation in the Housewares segment. The company faced a complex cost environment. Elevated material costs and punitive tariff rates weighed heavily on margins, particularly in the Housewares/Small Appliance segment. The tariff-related expenses were not capitalized but rather expensed immediately, further pressuring the bottom line. Additionally, despite improved sales, the Safety segment continued to be a drag on overall profitability. A further dampener on earnings was muted portfolio income. According to the release, the company’s portfolio earnings were “nominal” due to the capital allocation needs of the Defense business. Inventory investments were ramped up to support recently expanded Defense contract awards, limiting the availability of funds for interest or dividend-yielding instruments. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Presto Industries, Inc. (NPK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research