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Investor Presentaiton

NAC NICKEL ASIA CORP. LEADING AND STABLE MINING BUSINESS Nickel Asia is the largest Philippine nickel ore producer 9 And we are an established supplier. Philippines nickel mine production by major operator, (In kt Ni) Nickel Asia Ore output (In mWMT) 450 400 350 19.4 300 17.7 18.8 18.2 17.9 2.2 250 2.0 1.7 15.9 2.5 1.8 2.6 200 2.8 3.0 1.9 3.0 9:4 150 2.1 100 7.6 8.8 9.2 8.5 8.3 50 7.9 0 2016 2017 2018 2019 2020 2021 2022 5.8 5.7 4.9 5.0 4.8 4.2 2017 2018 2019 2020 2021 2022 NAC ■SR metals Adnama Mining Agata Mining ■ Others ■Global Ferronickel CTP ■Citinickel Mines ■ CNC ■Marcventures NAC is on of the largest suppliers of lateritic nickel ore globally and the largest nickel ore producer in the Philippines. Its ore production was -16Mt nickel ore (~144kt Ni) in 2022. Source: CRU Taganito Cagdianao Hinatuan Dinapigue -Total ■ Stable long-term nickel ore output due to long remaining mine life of its operating mines and substantial exploration programs in Bulanjao and Manicani that will see them in operation by 2024.
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