First Phosphate $PHOS | $FRSPF: Investing in a Critical LFP Battery Supply Chain Bottleneck Lithium iron phosphate (LFP) batteries are projected to grow from $82B to $160B by 2030, and high purity phosphate is a key input for this chemistry. See how @FirstPhosphate is positioning itself as a potential North American supplier of battery grade phosphate for the LFP market in our 30-second overview. $PHOS $FRSPF $MOS $NTR $VALE $IFOS $DAN $CXM

First Phosphate Corp CSE: $PHOS – OTCQX: $FRSPF – OTCQX-ADR: $FPHOY – FSE: $KD0 continues advancing its Bégin-Lamarche project as a differentiated North American phosphate platform focused on the growing LFP battery supply chain. 🔹 Recent high-grade infill drilling confirmed broad, continuous phosphate mineralization across multiple zones, further de-risking the project ahead of feasibility-level advancement 🔹 Unlike traditional fertilizer-focused phosphate peers, FRSPF is positioning Bégin-Lamarche as a vertically integrated source of battery-grade purified phosphoric acid (PPA) for North American LFP batteries 🔹 Strong project economics, improving balance sheet strength, and expanding downstream partnerships continue supporting the company’s long-term strategic positioning Read Dmitry Silversteyn's full report for more detail on drilling results, project economics, strategic partnerships, and valuation outlook. $FRSPF #BatteryMaterials# #LFP# #EVs# #CriticalMinerals# #Phosphate# #EnergyTransition# #Mining# #NorthAmerica# #SmallCaps# #WaterTowerResearch# @FirstPhosphate

Q1 2026 Shareholder Update We continued to make meaningful progress on the build out of the infrastructure & AI software that underpins our Robotaxi & future robotics businesses in Q1. That meant commencing the ramp of new factories across AI compute, battery & battery materials, as well as preparing lines for start of production of Megapack 3, Cybercab & Tesla Semi. Demand for our vehicles continued to grow in APAC & South America markets, with a rebound of demand in EMEA markets & North America. As trade and geopolitics become more uncertain, we're further regionalizing and vertically integrating critical supply chains to ensure access to key materials & componentry in each region across vehicle, energy & AI. Automotive – Optimizing our vehicle product portfolio with an emphasis on vehicles designed for a fully autonomous future – More affordable trims of Model 3/Y & rollout of Model Y L in markets outside of China – Began deliveries of Cybertruck in the UAE – Volume production of Cybercab & Tesla Semi this year Energy Generation & Storage – Good progress with new Megafactory outside Houston (will produce Megapack 3 for Megablock). Start of production on track for later this year – We began meaningful customer deployments of Tesla’s first in-house designed solar panel produced at Giga New York Robotics – Preparations for our first large-scale Optimus factory will begin shortly in Q2. First-gen line designed for 1M robots/year will replace Model S/X lines in Fremont Factory, second-gen line is being prepared at Giga Texas (long-term annual capacity of 10M robots/year) AI Training Compute – Cortex 2 is now online & has started running training workloads – Also ramping on-site training infrastructure to ensure sufficient compute resources for AI products & services – Continuing with custom silicon development (Dojo 3) to reduce training cost over time Battery – Ramping new battery & material factories, including LFP cells in Nevada, cathode material & lithium refining in Texas – Battery vendor cell availability continues to be a limiting factor on ramping vehicle production, so we're working on initiatives to de-bottleneck, including using 4680 cells at Giga Berlin Other Supporting Infrastructure – Giga New York is now producing V4 Supercharging cabinets (3x power density & 2x the number of stalls vs V3) – Alongside the ramp of Tesla Semi, we're deploying public Megachargers, including our first one in SoCal – Over 2,200 new Supercharger stalls, growing the network 19% YoY AI Software – FSD 14.3 launched in April – Upgraded Reinforcement Learning (RL) stage to better handle long-tail edge cases, enhanced the neural network vision encoder for sharper perception in low-vis scenarios & rewrote the AI compiler to accelerate model iterations & cut inference latency by 20% (faster reaction time for FSD!) This accelerates our efforts to eventually deploy unsupervised autonomy to both the Robotaxi fleet & customer owned vehicles – Digital Optimus: our next evolution of AI development. We're working on automating digital workloads, building an intelligence layer that will complement real-world AI in vehicles & robots AI Inference Compute – Expanding our scope of manufacturing to include semiconductor fabrication (coinciding with Robotaxi & Optimus ramps) = step towards ensuring sufficient & resilient chip supply – Partnership with SpaceX aims to build the largest chip fab ever, vertically integrating logic, memory & advanced packaging to allow for rapid iteration – Completed final chip design of AI5 (our next-gen inference processor) in April Automotive & Other Software – Rolled out Spring Update which includes a new Self-Driving app with tutorials & stats, "Hey Grok" wake word w/ location-based reminders, accent lights for blind spot alerts, updated Pet Mode & more Robotaxi – Paid Robotaxi miles doubled sequentially in Q1 – Cybercab will begin replacing Model Y fleet once in production & be the largest volume vehicle in the fleet over time – Continuing to lay the groundwork for expanding into new cities (testing, permitting), so we can launch quickly once ready. Safety remains top priority – Expanded unsupervised ops in Austin & launched in Dallas & Houston in April FSD Supervised – Record net new FSD subscriptions in Q1 – Received approval to deploy FSD Supervised in the Netherlands in April, clearing the path for potential approval in other EU countries – Continuing to make progress on approval in China Automotive Services – Safety Score v3.0 enables every mile driven with FSD Supervised engaged to receive a score of 100. Higher Safety Score over time = lower premiums for Tesla Insurance customers

Q4 Shareholder Update → — Highlights 2025 marked a critical year for Tesla as we further expanded our mission & continued our transition from a hardware-centric business to a physical AI company. We also laid the foundation for the future of Tesla by further advancing FSD Supervised, launching our Robotaxi service, beginning to install production lines for Cybercab & fine-tuned our production-primed Optimus design while expanding our AI training infrastructure. In 2026, we will further invest in the infrastructure needed to support clean energy + transport as well as autonomous robots. This includes the ramp of 6 new production lines across vehicle, robots, energy storage & battery manufacturing. We're building a world of amazing abundance. LFG! Automotive – APAC region continues to show strength across multiple markets & set a record for deliveries this quarter – Preparations in North America continue for the production ramps of Tesla Semi & Cybercab, both commencing in the first half of 2026 & production of the next gen Roadster Energy generation + storage – Highest quarterly energy storage deployments, driven by record Megapack deployments – Total gross profit = $1.1 billion, marking our 5th consecutive record quarter! – Megapack 3 & Megablock production starting at Megafactory Houston this year – In 2025, Powerwall network supported more than 89k Virtual Power Plant events across >1 million installed units, saving homeowners >$1 billion in electricity bills Robotics – Planning to unveil Optimus Gen 3 in Q1 this year, our first design meant for mass production – Start of production planned by end of 2026, with eventual planned capacity of 1 million robots/year AI Training Compute – Currently building Cortex 2 at Giga Texas to further increase our AI training compute capacity – In the first half of 2026, we're planning to more than double the size of onsite compute in Texas (in terms of H100 equivalents) Battery – Our lithium refinery started pilot production. It is the first spodumene to lithium hydroxide refinery in North America, with a simpler, cheaper & more environmentally friendly process – Started producing battery packs for certain Model Ys with our 4680 cells, unlocking an additional vector of supply – We now produce dry electrode for 4680 cells with both anode + cathode made in Austin – We expect both domestic cathode material in Austin & LFP lines in Nevada to begin production this year AI Software – Shipped latest version of FSD Supervised (V14), which will drive you to your destination, find a free spot & park AI Inference Compute – Development of our in-house, custom designed AI5 & AI6 inference chips for autonomy progressed during Q4, with production planned for 2027 & 2028 respectively – Targeting a 50x improvement for AI5 compared to AI4, thanks to 10x raw compute, 9x memory capacity & 5x hardened block quantization & softmax function (= enabling efficient low precision computing without sacrificing model accuracy) Automotive + Other Software – Robotaxi app no longer has a waitlist in the areas we serve – Our vehicles keep getting better with over-the-air software updates: Grok w/ navigation commands, Photobooth, Supercharger Site Maps, Automatic HOV Routing, & more Robotaxi – Began testing driverless Robotaxis in Austin in December & began removing safety monitor from customer rides in January – Our Bay Area ridehailing service now serves SJC, with plans to expand to other Bay Area airports upon receiving required permitting – Cumulative paid Robotaxi miles have now exceeded 600k FSD Supervised – Launched in Korea, where customers drove >1 million kilometers in just one month – We continue to pursue regulatory approval in China & Europe – FSD Supervised subscriptions more than doubled in 2025

Q2 2025 was a seminal point in Tesla’s history: the beginning of our transition from leading the electric vehicle and renewable energy industries to also becoming a leader in AI, robotics & related services (hi @robotaxi) We officially launched our Robotaxi service in Austin in June, with our camera-only architecture with neural networks trained on data from our global fleet of millions of vehicles. Q2 Highlights North America – Test drives in North America are up 20% sequentially (as you know, butts in seats ...) – Model Y is becoming more accessible with the recent launch of Model Y RWD, which starts at under $45k with 357 miles of range APAC – We achieved record delivery volumes in South Korea 🇰🇷 (@Tesla_Korea), Malaysia 🇲🇾, the Philippines 🇵🇭 & Singapore 🇸🇬 – In July, we launched the Model Y in India 🇮🇳, marking our entry into the world’s third-largest car market @Tesla_India – New Model 3 earned a 5-star Overall Safety Rating from ANCAP, achieving 95% in the Child Occupant Protection pillar – the highest result recorded to date against ANCAP’s 2023-2025 criteria – We continue to prepare for broader release of FSD Supervised in China 🇨🇳 this year (pending regulatory approval) EMEA – Model Y was the best-selling vehicle in Norway 🇳🇴 year-to-date & in Türkiye🇹🇷 , the Netherlands 🇳🇱, Switzerland 🇨🇭 & Austria 🇦🇹 in June – New Model 3 achieved a 5-star Overall Safety Rating from EuroNCAP & is the safest car in Europe (based on the latest EuroNCAP test scores) – We continue to prepare for the launch of FSD Supervised in Europe this year (pending regulatory approval) AI Software & Hardware @Tesla_AI – World's first autonomous delivery to a customer with a new production Model Y driving itself ~30 minutes from the factory across town to its new owner's home, including on highways – We expanded AI training compute with an additional 16k H200 GPUs at Gigafactory Texas, bringing Cortex to a total of 67k H100 equivalents Battery, Powertrain & Manufacturing – Our lithium refining & cathode production plants remain on track to begin production in 2025, on-shoring production of critical battery materials to the US – We are on course to begin domestic production of our first LFP cells for our energy storage products later this year Energy generation & storage – Record Powerwall deployments for the fifth consecutive quarter – Gross profit increased sequentially & year-over-year, reaching a record of $846 million – We started deploying @Tesla_Megapack from Megafactory Shanghai as the ramp continues as planned Services & other – We added over 2,900 net new Supercharging stalls, growing the network 18% year-over-year @TeslaCharging 🔋

Q4 & Full Year 2024 Shareholder Update → Highlights – We expect Model Y to become the world's bestselling car of any kind for the 2nd year in a row – And it's become even better, with the New Model Y now launched in all markets. Production will begin ramping at all factories with deliveries following in all regions later in Q1 – 2025 will be a seminal year in Tesla's history as Full Self-Driving continues to rapidly improve & ultimately exceed human levels of safety We're also expecting to launch Robotaxi services in parts of the US later this year & continue to work on launching FSD Supervised in Europe & China in 2025. Vehicle US @tesla_na – Semi factory construction continues, with first truck builds scheduled for end of 2025 & ramp in early 2026 – Cybercab lines are being prepared at Giga Texas with volume production planned for 2026 – We expect @Cybertruck to be eligible for the IRA consumer tax credit, helping improve affordability & access APAC @Tesla_Asia – Record deliveries in China in Q4 thanks to Model Y 🇨🇳 – Fastest growing brand in Korea 🇰🇷 – Launched vehicle sales in the Philippines 🇵🇭 Europe @teslaeurope – Model Y was also the bestselling vehicle of any kind in Norway 🇳🇴, Sweden 🇸🇪, Denmark 🇩🇰, Switzerland 🇨🇭 & The Netherlands 🇳🇱 – Most sold brand in Norway for the 4th year in a row 🇳🇴 AI/Hardware @tesla_AI – Completed deployment of Cortex, our ˜50k H100 training cluster at Giga Texas 🧠 – FSD Supervised can now start from park & perform unpark, reverse & park capabilities – New Q4 record for miles driven between accidents in 2024: Teslas using Autopilot technology drove 5.94 million miles vs US average of .70 million miles Vehicle & Other Software – Holiday Release brought native Apple Watch support, viewing & saving Sentry/Dashcam clips directly in the Tesla app, precipitation forecast on vehicle screen & more Battery, Powertrain & Manufacturing – Processed our first spodumene through the front end of our Lithium Refinery only 18 months after groundbreaking. Much faster than any plant outside of Asia that we know of – 4680 cell production hit rate exceeding 2.5k Cybertrucks/week Tesla Energy @teslaenergy – Energy business achieved another record in Q4 2024 with its highest ever gross profit generation – Record deployments of Powerwall & Megapack combined at 11GWh – Construction of Megafactory Shanghai was completed in Dec & will begin ramping this quarter – Powerwall deployments achieved another record with Powerwall 3 launching in new markets Charging @TeslaCharging – Added over 3k Supercharger stalls to the network & delivered 1.4TWh of energy in Q4 – Unveiled V4 Cabinet, which supports 400V-1000V vehicle architectures & charges up to 500kW for passenger vehicles & 1.2MW for Tesla Semi – Launched Battery Heating at Superchargers, a feature that gets vehicles with LFP battery packs back on the road up to 4x faster – In 2024, we launched Superchargers in 3 new countries, added over 10k new stalls & grew the network by 19% YoY – now at 65k+ Superchargers worldwide 🌎 More to come in 2025...LFG