Evion Group (EVG) Corporate presentation summary

Strategic positioning and operations

• Vertically integrated graphite producer with operations spanning mining in Madagascar and downstream processing in India.

• Revenue generation underway from a 50:50 JV in India producing expandable graphite since March 2025.

• Maniry Project in Madagascar features a high-grade flake graphite resource and is advancing toward production.

• Battery Anode Material (BAM) project in Germany aims to process Maniry graphite for lithium-ion batteries.

• Global demand for graphite is rising due to electrification and battery sector growth.

Maniry Graphite Project highlights

• Ore reserve of 16.2Mt at 6.6% TGC (100% Probable) with an 18-year reserve life.

• Total resource of 40Mt at 6.5% TGC, with a mine life exceeding 21 years and expansion potential.

• Exploration target of 260–380Mt at 6–8% TGC, indicating significant upside.

• Pre-tax NPV of US$263M, post-tax NPV of US$205M, and EBITDA of US$857M.

• Located 350km from Toliara Port, with infrastructure upgrades supported by the World Bank.

Project development and support

• Definitive feasibility study completed, confirming strong business case for Maniry.

• Permitting and licensing well advanced; offtake partnerships and JV planning ongoing.

• EU engagement includes grant funding, financing assistance, and advisory support.

• Community development and CAPEX needs partially funded by EU grants.