ESG News For Nouveau Monde Graphite Inc

Issuance of the Updated Feasibility Study that reflects advancement in engineering, project design, and updated financial parameters.Active work on the financing stage via presentation of the Updated Feasibility Study to financial stakeholders and on due diligence workstreams to bring the Phase-2 Matawinie Mine and the Bécancour Battery Material Plant to FID.Engineering underway for the Phase-2 Bécancour Battery Material Plant with the assistance of specialized Asian firms with expertise in the graphite and anode material industry.Continued advancement of procurement and construction preparation for the Phase-2 Matawinie Mine and Bécancour Battery Material Plant in anticipation of FID.Decommissioning of the Phase-1 Purification Demonstration Plant facility in Bécancour initiated in light of technology change.Issuance of the Company’s 2024 ESG Report demonstrating stewardship and leadership in the Company’s management of material issues and performance on ESG metrics.Twelve-month rolling TRIFR rate of 1.77 at the Company’s facilities (severity rate at 2.65); and no major environmental incidents.Period-end cash position of $89 million.Geopolitical tensions between the U.S. and China exacerbate the need for alternative natural graphite sources (Fastmarkets, April 2025).NMG’s Annual General and Special Meeting of Shareholders scheduled for June 17, 2025, via webcast.New nominees for the election of Directors include Paola Farnesi, a senior financial professional and executive, as well as Édith Jacques, a seasoned lawyer specialized in M&A, commercial law, and international law.

» Agreement setting out the significant participation of the Manawan Atikamekw to responsibly develop graphite in the Nitaskinan in a way that respects the environment and provides direct benefits to the community.» Enhanced collaboration on aspects related to Atikamekw culture, the environment, training, employment, business opportunities, and financial benefits.» Agreement signed following a community consultation process.» Commitment to a long-term, mutually beneficial relationship of trust based on respect, inclusion, sustainability and responsibility.

Recap of CSR stories on Business Wire

Issuance of NMG’s 2022 ESG Report demonstrating advancement on climate action, biodiversity management, Indigenous relations, governance, and stakeholder engagement.Recent announcements via Canada’s and Québec’s budgets provide new fiscal measures and levers for investment that strengthen NMG’s Phase-2 financing structure in complement to ongoing activities with export credit agencies and governmental branches.Signature of definitive agreements with Caterpillar that frame the deployment of technology, testing collaboration, as well as procurement of zero-exhaust emission fleet and infrastructure at the Matawinie Mine.Nomination of Stéphane Imbeault as Vice President, Bécancour Project, to lead the engineering, construction, and commissioning of the Bécancour Battery Material Plant as part of the Company’s active preparation for the launch of construction of its Phase-2 facilities.Advancement of technical and commercial parameters definition for a multi-year offtake agreement with Panasonic Energy and simultaneous engagement with other tier-1 potential customers in the EV and battery sector through product qualification and commercial discussions.Offtake MoU signed to explore opportunities for NMG to supply carbon-neutral graphite materials to Caterpillar for the development of its secure, resilient, and sustainable battery supply chain.Upcoming participation to major commercial and investment events to elevate NMG’s visibility in the market and engage with potential customers and investors; The Europe Battery Show, TD Cowen Sustainability Week and Batteries Gigafactories USA.Securing of financial levers via underwritten public financing generating approximately US$22 million and R&D grants of up to CA$3.6 million.Battery and EV markets continue their expansion pushed by consumer demand and environmental legislation; 2023 is set to see battery production reach 1 TWh on a global basis for the first time (Benchmark Mineral Intelligence, Q1-2023).NMG’s Annual General and Special Meeting of Shareholders scheduled for June 19, 2023, via webcast.Continued focus on safe conduct of activities with a year-to-date OSHA rate of 0 at the Company’s facilities and 0 for contractors’ work, with no major environmental incident.Period-end cash position of CA$48.8 million.