Slide 1: Investor Presentation
Investor Presentation An established global platform in rare earth magnetics and critical materials TSX: NEO.TO | OTCQX: NOPMF September 2026
Slide 2: Investor Presentation
Nn e om Investor Presentation = 2
Slide 3: Disclaimer
Investor Presentation ¥ 3 Disclaimer Forward-Looking Information Non-IFRS Financial Measures This presentation contains Òforward-looking informationÓ, within the meaning of applicable securities laws in Canada. Forward- This presentation refers to certain specified financial measures, including non-
Slide 4: Rare Earth Magnetics Supply Crisis Meets Growing Demand
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 4 News Neo Invest Creation Highlights Rare Earth Magnetics Supply Crisis Meets Growing Demand Top Global auto executives are warning of an imminent shortage of rare-earth magnets from China, essential components in systems lik
Slide 5: The Solution: Greater Strategic Rare Earth Magnetic Independence
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 5 News Neo Invest Creation Highlights The Solution: Greater Strategic Rare Earth Magnetic Independence EU President Ursula Prime Minister of Canada, Mark Carney, holding a Neo magnet at von der Leyen, at the G7 2025 G7 2025 Su
Slide 6: Neo is… Fast Forwarding Critical Technologies
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 6 News Neo Invest Creation Highlights By the Numbers Neo isÉ ¥ A global leader in energy-saving permanent magnets and critical materials, with established technologies and geographically diverse midstream and downstream Revenu
Slide 7: Highest Quarterly Adjusted EBITDA in Neo's History
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 7 News Neo Invest Creation Highlights Highest Quarterly Adjusted EBITDA in NeoÕs history Strength across all segments, strong operational execution and a sustained favourable pricing environment. (1) Adjusted EBITDA(1) Trendin
Slide 8: Navigating Neo's business units and applications
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 8 News Neo Invest Creation Highlights Navigating NeoÕs business units and applications Magnequench (MQ) Chemicals &Oxides (C&O) ¥ Rare earth magnetic powders ¥ Rare earth separation ¥ Rare earth bonded magnets ¥ Specialty mixe
Slide 9: Macro Trends Driving Strong Growth in Neo's Products
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 9 News Neo Invest Creation Highlights Macro Trends Driving Strong NeoÕs Unique Asset Base & Growth in NeoÕs Products Technical Expertise • 30+ years of Rare Earth • Existing Customer Base Electric AI / Magnets experience for b
Slide 10: Existing Producers
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 10 News Neo Invest Creation Highlights Neo captures value across separation, metals and magnets with integrated optionality, not dependency Mining Separation Metals Magnets Global Market China ROW China ROW China ROW China ROW
Slide 11: Success Factors for a Rare Earth Magnetic Company
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 11 News Neo Invest Creation Highlights Success Factors for a Rare Earth Magnetic Company Neo has 10,000 Mt of Rare Earth Magnetic Capacity Globally Customer Proven Operational Access to Secure Raw Capital and Cost Relationship
Slide 12: One Platform, Two Magnet Technologies: Bonded and Sintered
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 12 News Neo Invest Creation Highlights One Platform, Two Magnet Technologies: Bonded and Sintered KEY ATTRIBUTES SIMILAR PRODUCTION PROCESS OUR GLOBAL MAGNETICS FOOTPRINT BONDED SINTERED BONDED SINTERED SIMILARITIES Feedstock
Slide 13: Global Demand for Permanent Magnets Continues to Grow
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 13 News Neo Invest Creation Highlights Global Demand for Permanent Magnets Continues to Grow Global Forecasted Demand (Mt of NdFeB Magnets) The existing magnet market is comprised of approximately 92% sintered and 8% bonded ma
Slide 14: Rare Earth Magnets in Humanoid Robotics
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 14 News Neo Invest Creation Highlights Rare Earth Magnets in Humanoid Robotics Humanoid Robotics Camera/LiDAR Linkage-Driven Hands Magnet Growth Forecast* Bonded NdFeB Coreless Motors /Stepper Motors Mt Sintered NdFeB 52,200 T
Slide 15: Rare Earth Magnets in Consumer & Commercial Drones
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 15 News Neo Invest Creation Highlights Rare Earth Magnets in Consumer & Commercial Drones Consumer & Commercial Drone Magnet Growth 21,500 Cooling Fan Forecast* Bonded NdFeB Mt 6,900 2025 2035 *Source: "Rare Earth Magnet Marke
Slide 16: Our New Rare Earth Magnet Facility in Europe
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 16 News Neo Invest Creation Highlights Our New Rare Earth Magnet Facility in Europe (Opened in September 2025) Neo Annual Permanent Magnet Capacity Target 10,000 Mt Furnace operations inside the European permanent magnet Exter
Slide 17: Europe as the Choice for Neo's First Sintered Magnet Plant
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 17 News Neo Invest Creation Highlights Europe as the Choice for NeoÕs First Sintered Magnet Plant Existing Ecosystem & Magnet Capacity Demand Growth Drivers Europe is home to some of the largest motor makers in the world: Exis
Slide 18: European Rare Earth Separation Capabilities
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 18 News Neo Invest Creation Highlights European Rare Earth Separation Capabilities • One of the only non-captive operators of a large-scale light rare earth separation facility, strengthening Western supply chains LRE separati
Slide 19: Unique Asset Base & Technical Expertise
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 19 News Neo Invest Creation Highlights 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 profita
Slide 20: Rare Metals & Critical Materials
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 20 News Neo Invest Creation Highlights Rare Metals & Critical Materials Gallium Hafnium Tantalum Niobium Demand Drivers: The largest, most Geopolitical experienced gallium These critical metals are on most EXPORT CONTROL Most
Slide 21: Critical Metals – Supply Constraints & Export Restrictions Driving Higher Prices
In the About Why Value Annual Investor Presentation ¥ 21 Financials Appendix News Neo Invest Creation Highlights Critical Metals Ð Supply Constraints & Export Restrictions Driving Higher Prices Gallium Hafnium Tantalum (USD/kg) (USD/kg) (USD/kg) $13,500 $800 $2,500 216% 286% 137% 12-month increase 1
Slide 22: LTM $133M Adjusted EBITDA: Additional Growth Opportunities From Here
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 22 News Neo Invest Creation Highlights LTM $133M Adjusted EBITDA: Additional Growth Opportunities From Here 1 Base 2 European Rare Earth Permanent Magnets • Additional HREE-Free Traction Motor Programs • Phase 1A Ramp Underway
Slide 23: 2026 Priorities
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 23 News Neo Invest Creation Highlights 2026 Priorities Commission Heavy Rare Earth SX Line in Europe Launch 2-3 programs for magnets in Europe Win additional awards to match launch windows in Europe Planning toward 5,000mt of
Slide 24: An Established, Profitable Rare Earth Magnetics Platform
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 24 News Neo Invest Creation Highlights Investment Highlights TSX: NEO.TO | OTCQX: NOPMF • Established, Operating Platform Commercial rare earth separation, metals and permanent magnet An Established, production in place today
Slide 25: Quarterly Updates & Financials
Quarterly Updates & Financials
Slide 26: Financial Performance by Business Unit
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 26 News Neo Invest Creation Highlights Financial Performance by Business Unit Year-over-Year Year-Over-Year Magnequench Year-to-Date Quarter Highlights: Quarterly Comparison Comparison • Volume: Decreased 6.3%, driven by Bonde
Slide 27: Consolidated Financial Statements
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 27 News Neo Invest Creation Highlights Consolidated Financial Statements Income Statement Selected Data Shareholder Capital Returns Year-over-Year Year-Over-Year Year-over-Year Year-Over-Year Year-to-Date Quarterly Comparison
Slide 28: Appendix
neo Appendix
Slide 29: Case Study: First-of-kind commercialized Rare Earth magnetics in HEV Traction Motor
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 29 News Neo Invest Creation Highlights Case Study: First-of-kind commercialized Rare Earth magnetics in HEV Traction Motor without heavy rare earths • NeoÕs Magnequench division co-developed with Daido a 0% Heavy Rare Magnetic
Slide 30: Board of Directors: Independent Directors
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 30 News Neo Invest Creation Highlights Board of Directors: Independent Directors NeoÕs Board is comprised of current & former senior executives, with backgrounds in law, government, accounting, finance, material science, and r
Slide 31: Executive Management
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 31 News Neo Invest Creation Highlights Executive Management NeoÕs Executive team is comprised of experienced executives in general management, finance, operations, sales & marketing, law, and engineering Rahim Suleman Jonathan
Slide 32: For further investor information and company updates
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 company updates: Jim Fitzpatrick SVP, Investor Relations & Communications ir@neomaterials.com