Plantro Calls on Ag Growth International to Commence a Formal Sale Process of the Company to Maximize Value for Shareholders

Executive Summary

• Plantro Ltd., a shareholder of Ag Growth International Inc. (TSX: AFN), publicly urged the AGI board to launch an immediate, formal sale process for the entire company.
• The request follows AGI’s Q4 2025 earnings release and restructuring plan, which Plantro views as insufficient to restore shareholder value in a public‑market environment.
• Plantro also offered to help appoint qualified individuals to AGI’s board to stabilize operations and facilitate the sale.

Key Details

• Call to Action: Plantro asked AGI’s Board of Directors to commence a formal solicitation of bids to acquire 100 % of AGI.
• Rationale:
• AGI’s recent Q4 2025 earnings and restructuring plan indicate ongoing transparency issues and an uncertain go‑forward vision.
• Expected operational transformation and balance‑sheet repair are unlikely to be completed within a timeframe acceptable to public shareholders.
• Cost‑cutting measures and piecemeal asset sales may impair growth prospects and are not expected to be materially accretive.
• Strategic View: Plantro believes AGI remains an attractive target for strategic or financial buyers due to its global market‑leader position in grain infrastructure products and favorable macro tailwinds (rising food consumption, population growth).
• Board Support: Plantro identified multiple qualified individuals ready to join the refreshed board to help stabilize the business and lead a successful sale process.
• Engagement Offer: Plantro stands ready to work constructively with AGI’s Board on appointing these directors and initiating the sale.

Notable Quotes

(No direct quotes were provided in the release.)