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Investor Presentaiton

NAC NICKEL ASIA CORP. 32 0-10 ESG SCORE IMPROVED TO 34.8 FROM 43.7 Nickel Asia Corp. Rating Report Score and Risk Category 34.8 High Risk Negligible Low 10-20 Medium High 20-30 30-40 Severe 40+ Material ESG Issues Issue Name ESG Risk Exposure Score | Category ESG Risk Management Score | Category 41.2 Average ESG Risk Rating Score | Category Contribution to ESG Risk Rating Community Relations Emissions, Effluents, and Waste 8.1 High 5.1 Medium 14.7% 8.6 High 45.7 Average 5.0 Medium 14.5% The company is at high risk of experiencing material financial impacts from ESG factors, due to its high exposure and strong management of material ESG issues. Notably, its overall risk is higher since it is materially exposed to more ESG issues than most companies in our universe. The company has experienced a moderate level of controversies. Resource Use Carbon -Own Operations Occupational Health and Safety Human Capital Corporate Governance 9.0 High 47.2 Average 4.8 Medium 13.7% 7.2 Medium 48.5 Average 4.4 Medium 16.0% 5.6 Medium 50.6 Strong 3.3 Low 9.6% 8.1 High 71.9 Strong 2.9 Low 8.2% 4.5 Medium 39.9 Average 2.8 Low 8.0% ESG Risk Rating Distribution Bribery and Corruption Land Use and 5.4 Medium 60.0 Strong 2.3 Low 6.7% 3.8 Low 53.4 Strong 1.8 Negligible 5.1% Biodiversity 0.8 68% Business Ethics 64% Overall 2.7 Low 63.0 High 57.0 Strong 1.2 Negligible 3.6% 49.2 Strong 34.8 High 100.0% 0.7 0.6 0.5 0.4 0.3 23%22% 0.2 12% 9% 0.1 ΙΟΙ ΙΟ 1% 1% 0 Negligible Low Medium High Severe Legend Industry (Diversified Metals) Subindustry (Diversified Metals Mining) Rank | Percentile (1st Top Score) = 60/223 | 27th 40/184 | 22nd Rated P MORNINGSTAR SUSTAINALYTICS
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