Slide 1: Tech Materials for Global Ingenuity
TSX-V: GPH OTCQX: GPHOF Tech Materials for Global Ingenuity. A U.S.-based Supply Chain Solution to Meet the Tech Sectors’ Rising Graphite Demand Q2 2025 GRAPHITEONEINC.COM
Slide 2: Forward-Looking Statements
Forward-Looking Statements All statements in this presentation, other than statements of historical facts, including those related to the timing and completion of future production, establishment of a processing plant and a graphite manufacturing plant, and events or developments that the Company in
Slide 3: About Graphite One Inc.
About Graphite One Inc. • Developing the Graphite One Project (the “Project”) to become an American producer of synthetic and natural anode active materials (“AAM”) that is integrated with America’s largest natural graphite resource. • The Project: a vertically-integrated, enterprise-to-mine, proces
Slide 4: Management Team
Management Team Anthony Huston Doug Smith P.Eng., ICD.D Founder, CEO & Director Executive Chair & Director Successful entrepreneur with a background in tech, 35+ years in international coal industry. Former President & business development, and finance. Experienced as a CEO of First Coal (acquired b
Slide 5: Outstanding Share Data
Outstanding Share Data Market Capitalization (as of May 14, 2025) CAD - $114.1 million @ CA$0.78 per share USD - $81.9 million @ US$0.56 per share GRAPHITE ONE | TSX-V: GPH OTC: GPHOF 5
Slide 6: Strategy
Strategy 1. Develop artificial graphite facilities • Built in stages (backwards from the end of the process) 1. Finishing & blending plant - Built close to battery manufacturing facilities in U.S. and Canada 2. Graphitization plant – Built in areas with low cost/green energy 3. Precursor pilot plant
Slide 7: Major Milestones - Natural Graphite
Major Milestones - Natural Graphite 1 2 3 Preliminary Economic Analysis Preliminary Feasibility Study Awarded US$37.5 Million completed in 2017 completed in August 2022 Department of Defense Grant in July 2023 4 5 6 Bering Straits Native Corporation Awarded US$4.7 Million DLA Technology Licence & to
Slide 8: Major Milestones - Artificial Graphite
Major Milestones - Artificial Graphite 1 2 3 Modified company strategy in Preliminary plant design Technology license signed with 2020 to include artificial included in PFS with Sunrise New Energy to purchase graphite production. purchased precursors - precursors and transfer August 2022 technology
Slide 9: Lucid Motors Supply Chain Agreement
Lucid Motors Supply Chain Agreement Event @ U.S. Capitol Lucid Motors Supply Chain Agreement Event @ U.S. Capitol MARCH 2024 Signs non-binding 5-year off-take agreement for 5,000 tpa of AG AAM JUNE 2025 Signs non-binding 5-year off-take agreement for natural graphite AAM GRAPHITE ONE | TSX-V: GPH OT
Slide 10: Approval for FAST-41 Federal Permitting Dashboard
Approval for FAST-41 Federal Permitting Dashboard • FAST-41 Streamlines the permitting process by providing improved timeliness and predictability by establishing posted timelines and procedures for federal agency • Graphite One Project is the first Alaskan mining project listed on the Permitting Da
Slide 11: Presidential Actions: Executive Orders that Support Graphite One
Presidential Actions: Executive Orders that Support Graphite One – January 20, 2025 ORDER NO. 14156 Sec. 2: Emergency Approvals Declaring a National Energy Sec 3. Expediting the Delivery of Energy Infrastructure Emergency ORDER NO. 14154 Sec 2: Unleashing Energy Dominance through Efficient Permittin
Slide 12: Strategic Investment from Bering Straits Native Corporation
Strategic Investment from Bering Straits Native Corporation • Initial Investment of $2 million and an option to invest an additional $8.4 million, including exercise of warrants • Graphite One and Bering Straits to partner on continued regional and community development • Bering Straits, one of the
Slide 13: Export-Import Bank Financing
Export-Impact Bank Financing $325 million non-binding letter of interest • Financing will facilitate the build-out of Ohio AAM Facility • EXIM application to be submitted in 2025 • Path to Revenue Generation – Sale of anode battery materials • Synthetic Graphite AAM first, followed by Natural Graphi
Slide 14: Hunan Chenyu Fuji New Energy Technology Co., Ltd. (Chenyu)
Hunan Chenyu Fuji New Energy Technology Co., Ltd. ("Chenyu”) 14
Slide 15: Exclusive Access to Leading Anode Manufacturing Technology
Exclusive Access to Leading Anode Manufacturing Technology 1 2 3 Technology License Agreement Consulting Agreement Supply Agreement Grants Graphite One exclusive license Chenyu to provide: Provisions to enter into agreements for to use certain technologies in the U.S., Advice and guidance in designi
Slide 16: Feasibility Study (FS) Results
Feasibility Study (“FS”) Results (Graphite Creek Mine and NG AAM Secondary Treatment Plant) Building a commercial AAM supply chain 15
Slide 17: Summary of Feasibility Study Results
Summary of Feasibility Study Results (Graphite Creek Mine and Secondary Treatment Plant) • Annual production of graphite concentrate increases from 53,000 tpy (PFS) to 175,000 tpy • Pre-tax: $6.4 billion NPV; 30% IRR; 7.3-Year Payback Post tax: 5.0 billion NPV; 27% IRR; 7.5-Year Payback • Total Cape
Slide 18: Graphite Creek Property
Graphite Creek Property Graphite One @)
Slide 19: Graphite Creek: A Generational Resource
Graphite Creek: A Generational Resource • Supported by the US Government • Asset is located on 100% state-owned land and supported by the Alaska state government • Resource is cited as the “largest known graphite deposit in the U.S.” by the USGS. Deposit remains open to West, East and down dip. • Up
Slide 20: 2024 Mineral Resource and Reserve Estimate
2024 Mineral Resource and Reserve Estimate 1 Cutoff grade of 2% 2 Variable cutoff grade of between 2% - 3% Feasibility Study pit and mineral reserve footprint represents just 1.2 miles of the 9.5 miles long electromagnetic anomaly “The largest known graphite deposit in the United States is the Graph
Slide 21: FS Pit versus PFS Pit superimposed on electromagnetic survey anomaly
FS Pit versus PFS Pit superimposed on electromagnetic survey anomaly Note: Two images are facing each other GRAPHITE ONE | TSX-V: GPH OTCQX: GPHOF 21
Slide 22: Ohio AAM Manufacturing Facility: FS Design
Ohio AAM Manufacturing Facility: FS Design Building a commercial AAM supply chain 22
Slide 23: FS AAM Manufacturing Facility Site Plan – Niles, Ohio
FS AAM Manufacturing Facility Site Plan – Niles, Ohio (25,000 tpy Module) Source: Graphite Creek Project NI 43-101 Technical Report and Feasibility Study, Page 297 Effective Date: March 25, 2025 GRAPHITE ONE | TSX-V: GPH OTC: GPHOF 23
Slide 24: Ohio AAM Manufacturing Facility Site
Ohio AAM Manufacturing Facility Site • 50-year lease • Option to purchase • Brownfield site • Previously U.S. Dept. of Defense stockpile site for critical minerals 24
Slide 25: Graphite One's AG AAM Manufacturing Facility: Proven Commercial Design
Graphite One’s AG AAM Manufacturing Facility: Proven Commercial Design Building a commercial AAM supply chain 25
Slide 26: Planned AG AAM Facility
Planned AG AAM Facility 1 Phase 1 - Market Entry • Construct finishing/blending plant, initial capacity of 10,000 tpy: − produce AG AAM from strategically purchased AG and other materials − enables immediate production of AG AAM for testing and qualification • Commissioning by mid-20271. 2 Phase 2 –
Slide 27: Ohio AG AAM Manufacturing Plant
Ohio AG AAM Manufacturing Plant CAPEX(1) Mid-2027 $ 50 M • Commissioning of 10,000 tpy AMM finishing and blending plant Mid-2028 $ 57 M • Commissioning of a graphitization plant, annual production expected at 10,000 tonnes End of 2029 • Commissioning of precursor line - 25,000-tonne annual capacity
Slide 28: Next Steps for Graphite One
Next Steps for Graphite One 1 Pilot plant siting options 2 AAM manufacturing plant siting options 3 Availability of local AG AAM precursors 4 Secure project financing GRAPHITE ONE | TSX-V: GPH OTCQX: GPHOF 28
Slide 29: Contact
Contact Anthony Huston President & CEO 604-889-4251 Ahuston@graphiteoneinc.com Suite 600 777 Hornby Street Vancouver, British Columbia V6Z 1S4 graphiteoneinc.com