Nouveau Monde Graphite (NMG) Update - Oct 28

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Nouveau Monde Awarded ‘Entrepreneur of the Year’ by the Québec Mineral Exploration Association, as the Company Commissions its Phase-1 Purification Anode Material Production Facility

Nouveau Monde's continuous advancement in the past year culminated yesterday with the Entrepreneur of the Year Award presented by the Québec Mineral Exploration Association as recognition of the Company’s sustained corporate growth, from exploration to phase-1 production with a view to full-scale commercial operations of lithium-ion anode material destined to the electric vehicles (“EVs”) and energy storage markets.

HIGHLIGHTS

Nouveau Monde emerged as the winner of the “Entrepreneur Of The Year” prize at the annual event organized by the Québec Mineral Exploration Association.

The prize was awarded in recognition of the Company’s momentum in developing its integrated and sustainable “ore-to-battery” value chain.

Projected to be the largest and most advanced natural graphite operation in North America, Nouveau Monde is actively implementing its business plan in a disciplined and de-risked approach to serve the growing markets of EVs and energy storage.

This year, Nouveau Monde progressed on its development roadmap by securing the governmental authorization for the Matawinie mining project, launching construction for the commercial mine, building the Phase-1 facility for its proprietary purification technologies for anode material, listing on the NYSE, and raising additional capital to support the delivery of the next project milestones.