SCHEDULE 13G/A 0002053758 XXXXXXXX LIVE 2 Common Stock, no par value per share 02/12/2026 0001472326 BRAZIL POTASH CORP. 10586A1084 198 Davenport Road Toronto A6 M5R 1J2 Rule 13d-1(b) CD Capital Asset Management Ltd X0 10446999 0 10446999 0 10446999 N 19.58 IA Carmel Daniele X0 11437124 0 11437124 0 11437124 N 21.43 IN BRAZIL POTASH CORP. 198 Davenport Road, Toronto, Ontario M5R 1J2 Canada This statement is filed by CD Capital Asset Management Ltd, a United Kingdom limited company, which serves as the investment advisor to CD Capital Natural Resources BPC LP, a Cayman Islands exempted company ("CD CNR BPC"), with respect to the shares and stock options directly held by CD CNR BPC. Carmel Daniele The address of the principal business office for each Reporting Person: 105 Piccadilly London, W1J 7NJ United Kingdom CD Capital Asset Management Ltd is a United Kingdom limited company Carmel Daniele is a United Kingdom citizen N FI The Reporting Person is an investment advisor registered with the United Kingdom's Financial Conduct Authority. Amount beneficially owned: See Item 9 of the cover page for each Reporting Person. As of February 12, 2026, 11,437,124 Common Shares represent 10,446,999 Common Shares held directly by CD CNR BPC, and 990,125 Common Shares held directly by Ms. Carmel Daniele. Ms. Daniele is the founder and Chief Investment Officer of CD CNR BPC, and, as such, Ms. Daniele has voting and investment power over the Common Shares beneficially held by CD CNR BPC. Ms. Daniele disclaims beneficial ownership of the Common Shares held by CD CNR BPC, except for any pecuniary interests therein. See Item 5 of the cover page for each Reporting Person. See Item 6 of the cover page for each Reporting Person. See Item 7 of the cover page for each Reporting Person. See Item 8 of the cover page for each Reporting Person. Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. CD Capital Asset Management Ltd /s/ Carmel Daniele 03/04/2026 Carmel Daniele /s/ Carmel Daniele 03/04/2026