Atlantic Nickel Strategic Positioning

7 2 Diligent and responsible restart of the Atlantic Nickel operations One of the very few Nickel Sulphide mines in operation ◉ Sulphide deposits are rare ■ Sought-after product with the increased demand for electrification Defensive position in the long term Significant upside potential - LoM 34 years ▪ Revised operating strategy enabled safe, sustainable and low-cost operations Strategically located Significant contribution to a mining-friendly jurisdiction ■ Favorable logistics to ship material Easy access to infrastructure and qualified labour WANA ATLANTIC NICKEL STRICTLY PRIVATE AND CONFIDENTIAL

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