Updated Mineral Resource - Crawford

Nickel Demand A Leader Among Metals CANADA NICKEL COMPANY Nickel demand a leader among metals over the last decade (5%) driven by continued strong growth in stainless steel (5.4%) with little contribution from electric vehicles to date. Base Metals & Other Metals Demand CAGR% (2007-2017) 5.2% 5.0% 3.8% 5.4% 2.4% 2.2% 2.1% 4.2% 1.8% Aluminum Nickel Lead Copper Zinc Stainless Carbon Steel Cobalt Molybdenum Source: Macquarie www.canadanickel.com 5

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