Slide 1: Investor Presentation
Investor Presentation Fast-forwarding Energy & Digital Transformation Technologies TSX: NEO.TO | OTCQX: NOPMF August 12, 2025
Slide 2: Disclaimer
Investor Presentation • 2 Disclaimer Forward-Looking Information Non-IFRS Financial Measures The following presentation contains “forward-looking information” within the meaning of applicable securities laws in Canada. This presentation refers to certain specified financial measures, including non-I
Slide 3: Rare Earth & Magnets Industry in Crisis
In the About Why Value Quarterly Investor Presentation • 3 Financials Appendix News Neo Invest Creation Highlights Rare Earth & Magnets Industry in Crisis Fact: When an automotive plant experiences an unplanned shutdown due to supply chain disruption, it incurs millions of dollars in daily losses.
Slide 4: The Solution: History in the Making
In the About Why Value Quarterly Investor Presentation • 4 Financials Appendix News Neo Invest Creation Highlights The Solution : History in the Making > 85% of EV/ HEV traction motors use permanent RE magnets (~1-2 kg/motor) EU President Ursula von der Leyen, at the G7 2025 Summit in Canada: “Today
Slide 5: Neo is... Fast Forwarding Critical Technologies
In the About Why Value Quarterly Investor Presentation • 5 Financials Appendix News Neo Invest Creation Highlights By the Numbers Neo is… • A global leader in energy-saving permanent magnets and critical materials, with established technologies and geographically diverse midstream and downstream Rev
Slide 6: Navigating Neo's business units and applications
In the About Why Value Quarterly Investor Presentation • 6 Financials Appendix News Neo Invest Creation Highlights Navigating Neo’s business units and applications Magnequench (MQ) Chemicals & Oxides (C&O) • Rare earth magnetic • Rare earth midstream powders separation • Rare earth bonded • Specialt
Slide 7: 30+ years of rare earth magnetics: strategic collection of assets
In the About Why Value Quarterly Investor Presentation • 7 Financials Appendix News Neo Invest Creation Highlights Electric Vehicles AI / Semi- China’s strong position (incl. Traction conductors / Motors) in rare earth processing and magnetics Computer Power today creates uncertainty around the glob
Slide 8: 1. Macro Trends Driving Strong Growth in Neo's Products
In the About Why Value Quarterly Investor Presentation • 8 Financials Appendix News Neo Invest Creation Highlights New Energy Vehicle 1. Macro Trends Driving Strong Growth in Neo’s Products Permanent Magnets for Magnets Critical Traction Motor (both Sintered Materials and HREE-Free Bonded) EV & Ener
Slide 9: 2. Geopolitical Forces & Public Policy Tailwinds
In the About Why Value Quarterly Investor Presentation • 9 Financials Appendix News Neo Invest Creation Highlights 535K Global Forecasted Demand 2. Geopolitical Forces & Public Policy Tailwinds (Mt of NdFeB Magnets) Neo’s global presence and parallel supply chain uniquely position it to Fast-Growing
Slide 10: 3. Current rare earth supply chain, outside of China
In the About Why Value Quarterly Investor Presentation • 10 Financials Appendix News Neo Invest Creation Highlights 3. Current rare earth supply chain, outside of China Neo has one of the most integrated presence in the value chain with non-captive assets: Mining Separation Metals & Alloys Magnets N
Slide 11: 3. Unique Asset Base & Technical Expertise
In the About Why Value Quarterly Investor Presentation • 11 Financials Appendix News Neo Invest Creation Highlights 3. Unique Asset Base & Technical Expertise Why Neo is Best Positioned to Win Leading Market Positions Across Multiple End Markets Select End Markets NEO Differentiation Extensive and p
Slide 12: Delivering Growth & Capital Returns to Shareholders
In the About Why Value Value Quarterly Investor Presentation • 12 Financials Appendix News Neo Invest Creation Creation Highlights Delivering Growth & Capital Returns to Shareholders Neo is strategically positioned to capitalize on mega-trends and the growing demand for secure critical materials sup
Slide 13: 1. Financial Strength & Resilience
In the About Why Value Value Quarterly Investor Presentation • 13 Financials Appendix News Neo Invest Creation Creation Highlights 1. Financial Strength & Resilience ADJUSTED EBITDA(3): Q2 2025 Adjusted EBITDA(3) grew ~ 42% y-o-y Strong Balance Sheet(1) Robust Cash Flows (2) $80M Cash $52M Cash Prov
Slide 14: 2. Strong Growth Prospects in Permanent Magnets
In the About Why Value Value Quarterly Investor Presentation • 14 Financials Leadership News Neo Invest Creation Creation Highlights 2. Strong Growth Prospects in Permanent Magnets Permanent Magnet Market Size in Europe and US (US$) of permanent magnets >90% made in China Chinese + Export ban on per
Slide 15: European Permanent Magnet Facility
In the About Why Value Value Quarterly Investor Presentation • 15 Financials Appendix News Neo Invest Creation Creation Highlights European Permanent Magnet Facility One of the most important critical materials projects in Europe and among a select few globally Strategically positioned to meet growi
Slide 16: First Magnet Delivery to Tier 1 Customer in April 2025
In the About Why Value Value Quarterly Investor Presentation • 16 Financials Appendix News Neo Invest Creation Creation Highlights First Magnet Delivery to Tier 1 Customer in April 2025 Produced and shipped sintered magnet pieces as initial samples The magnets are EV traction motor grade and represe
Slide 17: 2. Strong Growth Prospects: NAMCO - Emissions Control Catalysts
In the About Why Value Value Quarterly Investor Presentation • 17 Financials Appendix News Neo Invest Creation Creation Highlights 2. Strong Growth Prospects: NAMCO - Emissions Control State-of-the-art environmental emissions control catalysts production facility in China Catalysts Highlights Relo
Slide 18: 2. Strong Growth Prospects: Other Critical Materials
In the About Why Value Value Quarterly Investor Presentation • 18 Financials Appendix News Neo Invest Creation Creation Highlights Aerospace | Superalloys Hf Ta 2. Strong Growth Prospects: Other Critical Materials Superalloys Nuclear Space Superalloys “Over the next 20 years Neo’s rare metals are cr
Slide 19: 3. Execution: Delivering on Commitments
In the About Why Value Value Quarterly Investor Presentation • 19 Financials Appendix News Neo Invest Creation Creation Highlights 3. Execution: Delivering on Commitments PROMISE MADE, PROMISE KEPT FUTURE DELIVERY April 2023 December 2023 August 2024 August 2024 September 2024 2025 and Beyond SCALAB
Slide 20: Quarterly Updates & Financials
Quarterly Updates & Financials
Slide 21: Q2 2025 Highlights
In the About Why Value Quarterly Investor Presentation • 21 Financials Appendix News Neo Invest Creation Highlights Q2 2025 Highlights Adjusted EBITDA(1) above expectations and 2025 Guidance Revised Up • ~$19 million Q2 2025 Adjusted EBITDA(1) (~42% YoY increase) • 2025 Adjusted EBITDA(1) guidance r
Slide 22: Capital Projects & Outlook
In the About Why Value Quarterly Investor Presentation • 22 Financials Appendix News Neo Invest Creation Highlights Capital Projects & Outlook Capital Spend Requirements Source of Cash Targets & Outlook for 2025 Emissions Control Catalyst Facility Relocation Cash On Hand Strategic Targets Grand open
Slide 23: Consolidated Financial Statements
In the About Why Value Quarterly Investor Presentation • 23 Financials Appendix News Neo Invest Creation Highlights Consolidated Financial Statements Income Statement Selected Data Shareholder Capital Returns Q-over-Q Year-over-Year Q-over-Q Year-over-Year Comparison Comparison Comparison Comparison
Slide 24: Financial Performance by Business Unit
In the About Why Value Quarterly Investor Presentation • 24 Financials Appendix News Neo Invest Creation Highlights Financial Performance by Business Unit Magnequench Q-over-Q Comparison Year-over-Year Comparison Quarter Highlights: • For the quarter, sales volumes increased by 31% year-over-year, l
Slide 25: Appendix
neo Appendix
Slide 26: Positioned to Win With Diversified, Parallel Supply Chains Amid Shifting Geopolitics
In the About Why Value Quarterly Investor Presentation • 26 Financials Appendix News Neo Invest Creation Highlights Positioned to Win With Diversified, Parallel supply Chains Amid Shifting Geopolitics Strategic Advantage Shifting Geopolitics: Neo is a net U.S. Tariffs beneficiary of shifting geopoli
Slide 27: Positioned to Win With Diversified, Parallel Supply Chains (Cont'd)
In the About Why Value Quarterly Investor Presentation • 27 Financials Appendix News Neo Invest Creation Highlights Positioned to Win With Diversified, Parallel supply Chains Amid Shifting Geopolitics (Cont'd) Unique Magnet Advantage: Neo is the only company Export Controls globally with a heavy-rar
Slide 28: Case Study: First-of-kind Rare Earth magnetics in HEV Traction Motor without heavy rare earths
In the About Why Value Quarterly Investor Presentation • 28 Financials Appendix News Neo Invest Creation Highlights Case Study: First-of-kind commercialized Rare Earth magnetics in HEV Traction Motor without heavy rare earths • Neo’s Magnequench division co-developed with Daido a 0% Heavy Rare Magne
Slide 29: Board of Directors: Independent Directors
In the About Why Value Quarterly Investor Presentation • 29 Financials Appendix News Neo Invest Creation Highlights Board of Directors: Independent Directors Neo’s Board is comprised of current & former senior executives, with backgrounds in law, government, accounting, finance, material science, an
Slide 30: Executive Management
In the About Why Value Quarterly Investor Presentation • 30 Financials Appendix News Neo Invest Creation Highlights Executive Management Neo’s Executive team is comprised of experienced executives in general management, finance, operations, sales & marketing, law, and engineering Rahim Suleman Jonat
Slide 31: Corporate Headquarters
Performance Materials Corporate Headquarters Suite 1740, 121 King Street West Toronto, Ontario, Canada, M5H 3T9 (416) 367 8588 For further investor Follow us on: information and company updates: Irina Kuznetsova Director, Investor Relations ir@neomaterials.com