Investor Presentaiton

12 000 BATTERY RAW MATERIAL DEMAND GROWTH (kt) 11 078 GRAPHITE DEMAND GROWTH IS EXPECTED TO OUTPACE OTHER BATTERY METALS 11 000 10 000 9 000 8 000 7 000 415 BATTERY GIGAFACTORIES IN THE PIPELINE FOR A 6 000 COMBINED CAPACITY OF 5 000 ~9.4 TWH BY 2030 4 000 2 947 3.000 ~4x growth for graphite through 2030, the strongest demand increase of all key battery raw materials 2000 1 000 0 2023 NMG.com + NYSE: NMG | TSXV: NOU | FSE: NM9A Source: Benchmark Mineral Intelligence, February 2024 +19 + 5 706 2025 2030 Cobalt Nickel Lithium Graphite PROPRIETARY & CONFIDENTIAL MMG

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