H3PO4 is a tribasic acid, thus ionising in three steps: I. H3PO4H++H2PO4− II. H2PO4−H++HPO42− III. HPO42−H++PO43− Conjugate base is formed when an acid loses its proton. Thus HPO42− is the conjugate base of H2PO42− (which is an acid in step II, but is the conjugate base of H3PO4 in step I).