Neo Performance Materials, Inc. · TSX:NEO
Neo Performance Materials — Q3 2025 Earnings Presentation
18 slides from Neo Performance Materials's earnings presentation, Nov 14, 2025
Slide 1: Third Quarter 2025 Results
Rahim Suleman CEO & President & Director Jonathan Baksh EVP & CFO Third Quarter 2025 Results TSX: NEO.TO | Earnings call | November 14, 2025
Slide 2: Forward-Looking Information Non-IFRS Financial Measures
Forward-Looking Information Non-IFRS Financial Measures The following presentation contains “forward-looking information” within the meaning of applicable securities laws in Canada. Forward- This presentation refers to certain specified financial measures, including non-IFRS financial measures and r
Slide 3: Introduction
Introduction Rahim Suleman 3
Slide 4: Q3 2025 Key Themes
Q3 2025 Key Themes Executing Growth Momentum Across Delivering Strong Strategy in Rare Earth Core Platforms Driven Financial Magnetics by Global Megatrends Performance 4
Slide 5: Grand Opening of European Permanent Magnet Facility
Grand O pe ning of Eu rope an Neo Annual Permanent Magnet Capacity Target P e rmane nt M agne t Facility 10,000 MT 20,000 MT 5,000 MT 3,000 MT 2,000 MT Phase 1A Phase 1B Phase 2 Phases Total Current Expansion 3&4 Capacity Completed in just 500 days, delivered on-time and on-budget 5
Slide 6: Strong Commercial Momentum Continues
Strong Commercial Momentum Continues Multi year MOU with Bosch – reserving dedicated annual magnet production capacity Contract discussions with additional automotive, industrial, and renewable-energy customers Awarded multiple multi-year programs, strengthening strategic relationships Trusted by mo
Slide 7: Efficiency & Growth Focus
State-of-the-art emissions control catalysts driving significant conversion cost savings Efficiency & Growth Focus Operational Efficiency and Portfolio Focus Fueling EBITDA Growth Advanced rare metal processing capabilities strengthen supply chain security 5
Slide 8: Neo: A Pure-Play Beneficiary of Supply Chain Shifts and Critical Materials Demand
Neo: A Pure-Play Beneficiary of Supply Chain Shifts and Critical Materials Demand Macro Trends Driving Strong Growth in Neo’s Products Macro Trends Geopolitical Driving Strong Forces & Public Growth in Neo’s Policy Tailwinds Products Unique Asset Base Technical Expertise Unique Asset Base & Technica
Slide 9: Financials
neo Financials Jonathan Baksh
Slide 10: Q3 2025 Financial Results
$64-68m Q3 2025 Financial Results to 2025 ADJ. EBITDA (1) OUTLOOK Strong Performance Supported By Resilient Demand, Cost Discipline and Updated Guidance $67-71m Trending Adj. EBITDA(1) ($m) $122m $19m $0.20 $(28)m Q3’25 NET SALES ADJUSTED EBITDA(1) ADJUSTED EPS(1) NET CASH $21 $20 $19 $19 $17 $13 Q3
Slide 11: Magnequench
Magnequench Volume (t) Revenue (US$000) Operating Income (US$000) Adjusted EBITDA1 (US$000) 1,800 1,649 60,000 54,859 2,700 9,000 8,140 2,465 2,512 1,600 1,366 45,573 8,000 1,400 50,000 2,500 7,000 6,424 1,200 40,000 2,300 6,000 1,000 5,000 30,000 2,100 800 4,000 600 20,000 1,900 3,000 400 2,000 10,
Slide 12: Chemical & Oxides
Chemical & Oxides Volume (t) Revenue (US$000) Operating Income (US$000) Adjusted EBITDA1 (US$000) 2,000 30,000 28,834 3,000 4,500 4,072 1,814 29,000 27,920 2,463 2,500 4,000 1,800 1,605 28,000 3,500 27,000 2,000 1,600 3,000 26,000 1,500 1,400 2,500 25,000 1,000 1,200 2,000 24,000 500 1,500 1,301 1,0
Slide 13: Rare Metals
Rare Metals Volume (t) Revenue (US$000) Operating Income (US$000) Adjusted EBITDA1 (US$000) 90 81 84 45,000 18,000 15,852 18,000 16,355 80 38,578 39,326 16,000 16,000 40,000 14,000 14,000 70 10,828 11,514 12,000 12,000 60 35,000 10,000 10,000 50 40 8,000 8,000 30,000 30 6,000 6,000 20 4,000 4,000 25
Slide 14: Strong Balance Sheet
Dividends Strong Balance Sheet YTD 2025: $16.4m NCIB Q2 2025 Q3 2025 YTD 2025 $3.9m $80m Cash $61m Liquidity(1) ($m) $94m Gross debt $90m $6 $(13)m Net cash $(28)m Total: $44 $147m Inventory $161m $111m $61 $190m Property, Plant & $196m Equipment Cash On Hand Undrawn Credit Facilities Grant 1414 1.
Slide 15: Closing Remarks
Closing Remarks Rahim Suleman 15
Slide 16: Delivering Growth & Capital Returns to Shareholders
Delivering Growth & Capital Returns to Shareholders Neo is strategically positioned to capitalize on mega-trends and the growing demand for secure critical materials supply chains 1. Financial Strength 2. Strong Growth 3. Execution & Resilience Prospects Value-added business Long-term growth A track
Slide 17: je) w Cc
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Slide 18: For further investor information and company updates
Performance Materials Corporate Headquarters Suite 1740, 121 King Street West Toronto, Ontario, Canada, M5H 3T9 Phone: (416) 367 8588 For further investor Follow us on: information and A black and white logo Description automatically generated company updates: ir@neomaterials.com
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