Investor Presentaiton

NAC NICKEL ASIA CORP. OUR SUSTAINABILITY PERFORMANCE AND TARGETS ESG is at the forefront of our priority to address material risks with our medium- to long-term targets Our Sustainability Performance and Targets SDGs CLEAM WATER AND SAMITIATION 7 AFFORDABLE AND CLEAN ENERGY CONSUMPTION AND PRODUCTION 12 RESPONSIBLE Environment 14 ELLEN WAVER Social 3 GOOD HEALTH AND WELL-BEING DECENT WORK AND ECONOMIC GROWTH 13 CUPATE ACTION 15 0 INLAND 5 GENDER EQUALITY REDUCED 10 INEQUALITIES 11 SUSTAINABLE CITIES AND COMMUNITIES IIII Governance 5 GENDER EQUALITY 16 PEACE. JUSTICE AND STRONG INSTITUTIONS 9 INDUSTRY, INNOVATION AND INFRASTRUCTURE Metric Renewable Energy Generation GHG Emissions (Scope 1 & 2) Biodiversity Protection Safe Workplace Health Care Mental Health Gender Equality Sustainable Communities Diversity and Inclusion Transparency Zero Bribery Governance Mechanism Board Commitments 2022 Achievements 100 MW Operational Capacity 389,149 tCO2e Total Greenhouse Gas Emissions in Scopes 1 and 2 1,192 hectares of terrestrial habitat protected and restored Zero (0) Lost Time Accidents 100% Employees Covered by Annual Physical Exam All Subsidiary Companies with Access to Mental Health Care 33% Women in Supervisory and Managerial Positions 22% of Total Households with Access to Level 3 Water System 24% Average Women Representation in Top Level Management Positions $87mn Taxes & Royalties Paid Zero (0) Bribery Incidents Created Board-level Sustainability Committee and Appointed a Chief Sustainability Officer ESG External Assessment 2025 Targets 650 MW by 2025 10% Reduction in Scopes 1 and 2 GHG Emissions 10,376 hectares of terrestrial habitat protected and restored Zero (0) Lost Time Accidents 100% Employees Covered by Annual Physical Exam All Subsidiary Companies with Access to Mental Health Care At least 30% Women in Supervisory and Managerial Positions 64% of Total Households with Access to Level 3 Water System 30% Average Women Representation in Top Level Management Positions $101mn Taxes & Royalties Paid Zero (0) Bribery Incidents Incorporate ESG strategy with Risk Management Framework Evaluation and Updating of Roadmap based on Accomplishment and Assessment Our Long-Term Targets Increase Renewable energy capacity to >1GW 42% reduction in scopes 1 & 2 GHG emissions by 2030 vs 2021 baseline* O waste to landfill by 2030 Net Zero Carbon by 2050 *Subject to SBTI's certification. ! Our efforts will help minimize material risks and I promote sustainable development Secure resources while managing regulatory risks Satisfy downstream customers Establish sustainable relationships with ecosystem / stakeholders Minimize risks of malpractice and catastrophes Set path to Net Zero Carbon by 2050 Optimize capital allocation with EV/RE exposure 31

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