Nickel Industries Limited · ASX:NIC
Nickel Industries — Investor Presentation (June 2026)
6 slides from Nickel Industries's investor presentation, Jun 24, 2026
Slide 1: Sampala Project monetisation and HPAL integration
NICKEL INDUSTRIES LIMITED · ASX:NIC For personal use only INVESTOR PRESENTATION Sampala Project monetisation and HPAL integration 24 June 2026
Slide 2: Strategic rationale of combined transactions (TMI, CNE & Sampala)
Strategic rationale of combined transactions (TMI, CNE & Sampala) For personal use only 1 Approximately 17,000t of Ni in MHP (nameplate) for US$169m cash consideration 2 TMI funded from existing cash and operating cash flow (with debt backstop from Tsingshan, if required) TMI HPAL CNE HPAL 3 CNE dea
Slide 3: HPAL asset overviews (TMI & CNE)
HPAL asset overviews (TMI & CNE) Two near-term, low-cost MHP additions with cost, timeline and production certainty For personal use only TMI (Teluk Metal Industry) CNE (Chengsheng New Energy) Valuation US$965 million US$671 million NIC equity interest 17.5% 36% NIC investment US$169m cash in Novemb
Slide 4: CNE / Sampala share swap overview
CNE / Sampala share swap overview Near-term, no-cash MHP production addition whilst monetising the Sampala Project limonite ore body For personal use only CNE corporate structure (post Transaction) Share swap and Sampala value realisation Local Partner JAYA (Indonesia) (Indonesia) 42% 28% 30% NIC GI
Slide 5: HPAL – our transition to Class 1 nickel products for the EV supply chain
HPAL – our transition to Class 1 nickel products for the EV supply chain Further HPAL diversification of our product mix, broadening our customer base – 58,606 tonnes of Class 1 nickel attributable to NIC For personal use only HNC · Huayue Nickel Cobalt ENC · Excelsior Nickel Cobalt Watch progress 2
Slide 6: For more information, please contact
Nickel Industries Limited (ASX:NIC) For personal use only For more information, please contact: Justin Werner Managing Director jwerner@nickelindustries.com +61 2 9300 3311 Andrew Coleman Investor Relations acoleman@nickelindustries.com +62 811 1938 331 www.nickelindustries.com
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