Investor Presentaiton

NAC NICKEL ASIA CORP. SUSTAINABILITY – AT THE CORE OF NAC KEY BUSINESSES - Our businesses have always been built on a practice of social responsibility – towards our people, towards our communities and towards our environment Nickel as a key part of the global energy transition ■ As the world moves towards green energy, the need for lithium-ion batteries for use in Electric Vehicles (EV) will continue to increase ■ In 2021, nickel-based cathodes powered 80% of the battery capacity deployed in new plug-in EVs ■ The key ingredients in the batteries of Electric Cars are the New Energy Metals Typical EV battery composition NMC 811 NMC523 80% Nickel 50% Nickel Developing a significant renewable energy business In line with our vision, we have increased our commitment to developing a significant renewable energy generation business through Emerging Power, Inc. (EPI), an 86.29%-owned subsidiary On July 1, 2022, EPI and Shell signed a Joint Venture (JV) to develop, own, operate, and maintain onshore renewables projects in the Philippines EPI's current operation capacity is 100 MW with a target of 1 GW by 2028, which is boosted by our Joint Venture with Shell 10% Manganese 20% Manganese 10% Cobalt 30% Cobalt With NAC's main business in Nickel mining, we will be an enabler for the growth in demand for EV batteries, supporting the decarbonization of the transportation and automobile industry The renewable energy business represents diversification for NAC and is important towards the pivot towards clean energy which further enhances the company's push for a cleaner and sustainable future 30

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