META-Q4:23 Preliminary Highlights

METAⓇ Go Beyond. CORE LINE: BATTERY MATERIALS (NCORE) Total Addressable Market: $7.3B in 2022 $18.6B in 2026 NCORE™ METAL-POLYMER COMPOSITE CURRENT COLLECTOR • • Replaces traditional metallic foil current collectors with a metal-polymer composite (Cu and Al), offering the world's 1st through-plastic-core conductivity. Ultra Lightweight and Thin: Reduced weight (-85% for current collector, -5% at cell level) • Increased energy and power densities • . • . Added Safety: Fuse-like protection from thermal runaway, chemistry agnostic. Scalable Manufacturing: Roll-to-roll manufacturing using proprietary PLASMAfusionⓇ Costs: Comparable to metallic foil APPLICATIONS: Higher energy density cells, mobile phone safety, next generation batteries, high-silicon anode manufacturing © 2024 Meta Materials Inc. All rights reserved MITSUBISHI ELECTRIC Changes for the Better DuPont Teijin Films™ Innovation Partnerships Sustainability 6

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