Atlantic Nickel Strategic Positioning

1 Appian Capital Brazil Management Team APPIAN CAPITAL ADVISORY LLP High caliber local team with 100+ years of combined mining experience backed by Appian Capital's technical and financial teams 4 Paulo Castellari Chief Executive Officer Ned Jalil Chief Operating Officer ■ 25+ years in the mining and industrial sectors ■ Formerly employed by Anglo American and Mubadala ■ 20+ years experience in mining operations and business ■ improvement Formerly by employed Freeport McMoran, Cameco and Kinross Milson Mundim Chief Financial Officer ■ 20+ years experience in the finance, private equity and mining sectors ■ Formerly employed by Deutsche Bank, IFC, Patria, Vale and Kinross Silvio Lima Director, Corp Affairs, People & SHE ■ 15+ years experience in the mining and industrial sectors with stakeholder ■ engagement and people management Formerly employed by Anglo American and Kinross Murilo Nagato Director, Business Planning & Delivery ■ 15 years experience in the mining sector with business improvement and planning ■ Formerly employed by Anglo American and Mubadala STRICTLY PRIVATE AND CONFIDENTIAL

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