Neo Performance Materials

We're looking forward to participating in the J.P. Morgan Natural Resources Conference: An Energy, Power, Renewables & Mining Event on Tuesday, June 23, in New York.

At 2:25 P.M. ET, our President and Chief Executive Officer, Rahim Suleman, will provide an overview of the company’s strategy, followed by a question and answer session with Bill Peterson, J.P. Morgan’s Executive Director of North America Equity Research for Metals & Mining.

We hope you'll join us.

Watch the live webcast here: https://jpmorgan.metameetings.net/events/naturalresources26/sessions/319237-neo-performance-materials-inc/webcast/public

Today, Neo held its 2026 Annual General and Special Meeting of Shareholders in Toronto, with 60.58% of outstanding common shares represented in person or by proxy.

Every matter put forward was approved, and every director nominee was elected — a clear signal of alignment with Neo's strategy to deliver the advanced materials that power the net-zero transition.

To our shareholders: thank you for your continued trust and partnership.

Full voting results are available in today's news release: https://www.neomaterials.com/neo-announces-voting-results-from-annual-general-special-meetings-of-shareholders/

Neo Performance Materials will be at this year's 2026 REIA Conference, June 9–11, joining the conversation on the future of rare earth supply chains. REIA brings together the full REE value chain, producers, refiners, policymakers, and end-use industries to tackle the supply and technical challenges that define the critical materials landscape.

Swipe to meet the Neo team on the ground. If you're attending, find us there. The conversations that define what comes next happen in the room.

More information: https://www.reia2026.org/

Last week, Neo’s Silmet team hosted the International Energy Agency (IEA) for its Critical Minerals Country Review of Estonia.

The IEA delegation visited both of our Estonian operations — NPM Silmet in Sillamäe and our permanent magnet plant in Narva — to see Neo's "molecules to magnets" model firsthand: one of Europe's few integrated rare earth value chains.

The takeaway: Estonia is the EU's most understated rare-earth asset and a real anchor for European supply chain resilience.

Thank you to the IEA's energy security team, our guests from Norway and Finland, and our partners across Estonia's Ministry of Economic Affairs and Communications, Ministry of Climate, and Enterprise Estonia.

Pleased to welcome India’s Minister of Commerce & Industry, Piyush Goyal, to Toronto! Our CEO, Rahim Suleman, and SVP, Vasileios Tsianos, met with the Minister and his delegation to discuss opportunities for Canada and India in clean-tech supply chains.

The Government of India has a deep understanding of critical raw materials and is developing impressive policy tools. It is important for both the public and private sectors to work together to meet the growing global demand for critical materials for electric mobility, renewable energy, and microelectronics. We look forward to India's growth, industrial developments, and increased trade.

Mark your calendar: Tuesday, June 2 at 2:00 PM EST

President & CEO Rahim Suleman will walk through the Neo story - our advanced materials platform, growth strategy, and where we're headed - followed by a live Q&A.

If you're an investor, analyst, or simply following the rare earth and advanced materials space, this is a chance to hear the NEO story and put your questions on the table.

Register here: https://www.renmarkfinancial.com/events/renmark-virtual-non-deal-roadshow-tsx-neo-otcqx-nopmf-8k2WZGmM32

Neo is pleased to announce the successful completion of our bought-deal treasury offering, which raised gross proceeds of approximately C$115 million.

Read the full announcement: https://www.neomaterials.com/neo-performance-materials-announces-completion-of-c115-million-bought-deal-treasury-offering-of-common-shares/

Neo announces a C$100 million bought deal public offering, reinforcing our commitment to growth across advanced materials and magnetics.

Proceeds are expected to support automation and equipment upgrades in Europe, expansion of our bonded magnetics business, and broader corporate priorities.

This marks another step in strengthening Neo’s position as a global supplier of critical materials enabling next-generation technologies.

Read more: https://www.neomaterials.com/neo-performance-materials-announces-c100-million-bought-deal-treasury-offering-of-common-shares/

Neo has entered into a strategic partnership with Greenland Mines to advance the Sarfartoq rare earth project.

This transaction reinforces Neo’s focus on its midstream and downstream strategy while maintaining equity exposure and future offtake potential in a promising rare-earth development.

A disciplined approach to capital allocation—positioning Neo to create long-term value across the supply chain.

Read more: https://www.neomaterials.com/neo-partners-with-greenland-mines-to-advance-sarfartoq-rare-earth-project

Record quarter. Raised guidance.

Neo delivered an exceptional quarter in Q1 2026 — with Adjusted EBITDA more than doubling year-over-year to $36.2 million, driven by disciplined ex*****on and favourable pricing across our critical materials portfolio.

On the strength of these results and a healthy demand outlook, we've raised our full-year Adjusted EBITDA guidance to $100–$110 million.

Highlights from the quarter:
✅ Produced our one-millionth magnet at our European Permanent Magnet facility
✅ Commissioned a heavy rare earth separation line at our Silmet facility in Estonia — with all processing completed in Europe
✅ Announced a multi-year AI research partnership with TalTech - Tallinn University of Technology
✅ All three business segments — Magnequench, Chemicals & Oxides, and Rare Metals — improved year over year
As the world accelerates its focus on supply chain security for critical materials, Neo is positioned at the centre of the solution.

Read the full Q1 2026 results here: https://www.neomaterials.com/neo-performance-materials-reports-first-quarter-2026-results/