Nouveau Monde Graphite (NMG) Registration Filing summary

Company overview and business model

• Integrated mining and advanced processing operations focused on carbon-neutral graphite concentrate and anode material for EVs and energy storage systems in Québec, Canada.

• Phased development plan for Matawinie Mine and Bécancour Battery Material Plant, with a Phase-3 Uatnan Mining Project planned for expansion.

• Strategic supplier to global lithium-ion battery and EV manufacturers, emphasizing ESG standards and local supply chain.

Financial performance and metrics

• No history of revenues from operating activities; negative cash flow from operations expected to continue until commercial production.

• Cash and cash equivalents: $106.3M (Dec 31, 2024); working capital: $67.0M; current liabilities: $47.0M.

• Net loss and comprehensive loss for 2024: $73.3M; average monthly cash expenditure: $5.5M in 2024.

Use of proceeds and capital allocation

• Net proceeds from securities sales will fund construction, commissioning, working capital, and reserves for Matawinie Mine, Bécancour Battery Material Plant, and Uatnan Mining Project, as well as general corporate purposes.