ATOME chair Peter Levine on director and management incentives; solar power push in Paraguay

Management Incentives & Alignment

• 💡 ATOME implemented a "carrot and stick" incentive program for management, rewarding achievements and ensuring commitment.
• 🎯 The "carrot" rewards management for positioning ATOME as a leader in green fertilizer within four years.
• 🔑 The "stick" includes a share premium significantly above the current price, a lock-in period until Final Investment Decision (FID) or six months, and requiring 100% of bonuses to be converted into shares to align interests.

Launch of ATOME Power

• 🚀 ATOME announced a new ATOME Power division to develop large-scale solar and battery projects in Paraguay.
• 💡 This initiative addresses Paraguay's rapidly growing power demand, particularly from the crypto and data center sectors, which consume 15-20% of the country's electricity.
• 🌱 Despite existing hydro abundance, solar power is underdeveloped in Paraguay, and ATOME aims to become a major independent power supplier by leveraging its land, water, and infrastructure.

Villeta Project Progress

• ⚠️ The Villeta fertilizer project has experienced delays due to complex negotiations involving multiple parties for equity, funding, and contracts.
• ✅ Despite delays, the power supply for the Villeta project is guaranteed due to its status as a national priority industry.
• 🧠 ATOME Power is being developed independently with separate management, ensuring it does not distract from the Villeta project's progress towards FID.

Future Outlook

• 📈 ATOME aims to be a leader in both green fertilizer and power provision in Paraguay.
• 🚀 The company is actively pursuing a pipeline of opportunities, intending to progress from its first project to subsequent ones.