Investor Presentaiton

NAC NICKEL ASIA CORP. SHIPMENTS AND REVENUES BY ORE TYPE 1Q2023 YoY COMPARISON Sales Volume (In mWMT) Average Ore Sales Prices (In US$/WMT) Revenue (In PHPbn) +3% YoY change 1.74 1.79 +7.4% YoY change 50.4 Ore Exports 3.3 3.5 14 +5.7% YoY change 1.8 46.9 1.7 -3.8 YoY change 18.8 +4.4% YoY change HPAL Deliveries 1.6 1.7 0.65 -8% YoY change 19.6 0.60 1Q'22 1Q'23 Ore Exports HPAL Deliveries 1Q'23 ■1Q'22 1Q'22 ■ Ore Exports 1Q'23 HPAL Deliveries

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