Neo Performance Materials, Inc. · TSX:NEO
Neo Performance Materials — Q3 2026 Earnings Presentation
16 slides from Neo Performance Materials's earnings presentation, Nov 10, 2026
Slide 1: Third Quarter 2026 Results
Rahim Suleman CEO & President & Director Jonathan Baksh EVP & CFO Third Quarter 2026 Results TSX: NEO.TO | Earnings call | November 10, 2026
Slide 2: Disclaimer
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-IFRS financial measures lo
Slide 3: Q3 Caps An Exceptional First Nine Months
Q3 Caps An Exceptional First Nine Months Strong positive momentum across all three dimensions simultaneously Financial & Operational Short-Term Tactical Execution Mid-Term Strategic Objectives 1 Record results; guidance raised 2 Commercial production in Europe 3 €126M EU grant; EU Strategic Project
Slide 4: Commercial Production in Europe
Commercial Production in Europe Now shipping to a European Tier 1 EV traction motor customer SHORT-TERM TACTICAL EXECUTION Every automotive magnet program moves through three stages Development Full automotive Commercial & sampling qualification production 3 years 2Ð3 20,000mt from initially breakin
Slide 5: Neo Wins $126M Euro Grant for European Integrated Magnet Project
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 5 News Neo Invest Creation Highlights Neo Wins $126M Euro Grant for European Integrated Magnet Project Building the most vertically integrated rare earth magnetics value chain in Europe Separation Metallization Magnets Magnet
Slide 6: Silmet 2.0 Designated as an EU Strategic Project
In the About Why Value Annual Financials Appendix Investor Presentation ¥ 6 News Neo Invest Creation Highlights Silmet 2.0 Designated as an EU Strategic Project EU Strategic Project Named under the EU Critical Raw Materials Act: the only rare earth processing project selected. Paves the way for vert
Slide 7: Continuing to Secure Feedstock
Continuing to Secure Feedstock Two new collaborations add to a broader network of diversified, higher-value feedstock sources Binding term sheet | August 2026 MOU | September 2026 Lacq, France: rare earth recycling and heavy rare earth separation facility South Africa: rare earths recovered from sto
Slide 8: Long-Term Demand Drivers Remain Strong
Long-Term Demand Drivers Remain Strong Growing end markets for rare earth magnets and rare metals, with a clear need for secure supply RARE EARTH MAGNETS: END MARKETS RARE METALS: END MARKETS Vehicle Wind Robotics Data centres Jet engines & Semiconductors Telecom & power Rare earth electrification f
Slide 9: Q3 2026 Financial Results
Q3 2026 Financial Results Healthy demand, favourable pricing and operating discipline across the portfolio YTD ADJUSTED NET SALES ADJUSTED EBITDA(1) ADJUSTED EPS(1) EBITDA(1) $194M $47M $140M $0.40 Q3Õ25: $122M Q3Õ25: $19M YTDÕ25: $55M Q3Õ25: $0.14 +58% y/y +145% y/y +154% y/y +186% y/y (1) Non-IFRS
Slide 10: Magnequench
Magnequench Volume (t) Revenue ($000s) Operating Income ($000s) Adjusted EBITDA ($000s) (1) 1,649 1,660 2,512 77,885 10,122 54,859 8,140 (2,802) Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2026 Highlights • Volume: Record bonded magnet volumes, up 17% year-over-year, led by se
Slide 11: Chemicals & Oxides
Chemicals & Oxides Volume (t) Revenue ($000s) Operating Income ($000s) Adjusted EBITDA ($000s) (1) 1,814 6,848 4,811 1,359 28,834 27,268 4,072 2,463 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2026 Highlights • Adjusted EBITDA: $6.8 million, up 68% year-over-year, reflecting s
Slide 12: Rare Metals
Rare Metals Volume (t) Revenue ($000s) Operating Income ($000s) Adjusted EBITDA ($000s) (1) 88,467 84 85 34,519 35,183 39,326 10,828 11,514 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2026 Highlights • Revenue: $88.5 million, up 125% year-over-year, driven by robust volumes am
Slide 13: Balance Sheet and 2026 Outlook
Balance Sheet and 2026 Outlook Continued flexibility to fund our growth while managing risk Q2 2026 Q3 2026 2026 ADJ. EBITDA (1) GUIDANCE $96M Cash → $78M $180M Ð $185M Raised from $140M Ð $150M $157M Gross debt → $144M FY2025 actual $76M Prior 2026 guidance $140Ð150M $277M Inventory → $303M New 202
Slide 14: Closing Remarks
Closing Remarks Rahim Suleman
Slide 15: Q&A
Q&A Q&A
Slide 16: 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 company updates: Jim Fitzpatrick SVP, Investor Relations & Communications ir@neomaterials.com
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