VERDE RESOURCES Business Summary

Verde Resources, Inc. (VRDR) operates as a sustainable infrastructure and carbon-sequestration technology company, primarily generating revenue through an asset-light model centered on licensing proprietary road construction materials and the sale of verified carbon removal credits. The company’s primary business segments include the licensing of its proprietary pyrolysis technology, the trading and production of biochar-based building materials, and the management of real property assets. Its flagship products, BioAsphalt™ and the Verde V24 emulsifying agent, enable carbon-negative road construction by sequestering CO2 into pavement structures, a process recently validated by the National Center for Asphalt Technology (NCAT) and certified for carbon credits by Puro.earth. Within the competitive landscape, Verde Resources competes with firms such as Bioceres Crop Solutions, American Vanguard, and Intrepid Potash, positioning itself as a specialized technology and licensing layer that integrates carbon-negative solutions into existing global asphalt supply chains. Originally founded in 2010, the company underwent a comprehensive strategic restructuring starting in 2020 to pivot from mining to green infrastructure. The current leadership team is headed by President and CEO Jack Wong, who previously led The Wision Project and has spearheaded the company's Nasdaq uplisting efforts. Key executives include Chief Operating Officer Eric Bava, who manages strategic partnerships and operational growth, and Chief Financial Officer Sherina Chui, a finance veteran with over 20 years of experience in international corporate restructuring. Technical and strategic oversight is bolstered by Director of Biochar Karl Strahl, a recognized expert from Oregon Biochar Solutions, and Independent Director Dr. Raymond "Buzz" Powell, a nationally renowned asphalt technology expert formerly with NCAT. The company is significantly supported by its strategic partner and investor, Ergon Asphalt & Emulsions, Inc., which holds an exclusive 10-year licensing agreement for Verde’s technologies across North America.