Nano One Advances One-Pot LFP Buyer Sampling with Sumitomo Steel Mining

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Sure info contained herein could represent “forward-looking info” and “forward-looking statements” inside the which means of relevant securities laws. All statements, aside from statements of historic truth, are forward-looking statements. Typically, forward-looking info will be recognized by means of terminology akin to ‘consider’, ‘anticipate’, ‘anticipate’, ‘plan’, ‘intend’, ‘proceed’, ‘estimate’, ‘could’, ‘will’, ‘ought to’, ‘ongoing’, ‘goal’, ‘purpose’, ‘potential’ or variations of such phrases and phrases or statements that sure actions, occasions or outcomes “will” happen.

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Ahead-looking info on this information launch contains, however just isn’t restricted to: the Firm’s collaboration with Sumitomo Steel Mining Co., Ltd. (“SMM”), together with SMM’s continued validation of the One-Pot™ course of by financial modelling, product testing and the availability of One-Pot LFP samples to its prospects; the anticipated constructive suggestions from, and engagement with, SMM’s cell manufacturing and automotive prospects on One-Pot LFP samples; the readiness of the Firm’s latest-generation LFP cathode materials samples for analysis by lithium battery cell producers and a Japanese automotive buyer; the estimated potential conversion price financial savings of as much as US$1 million per yr for each thousand tonnes of annual capability based mostly on SMM’s modelling; the anticipated advantages of the One-Pot course of as a high-quality, cost-effective and complementary manufacturing resolution for LFP cathode supplies; the product qualification pathway and the Firm’s means to advance towards eventual industrial offtake; the potential enhancement of the Firm’s worth proposition to prospects, licensees and three way partnership companions; the potential collaboration between SMM and Nano One on a large-scale LFP manufacturing facility in Canada, together with the securing of buyer offtake, challenge financing and authorities funding assist; SMM’s continued participation as a challenge associate below the Firm’s NRCan-funded applications; and anticipated demand and progress for LFP within the lithium battery power storage section.

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Ahead-looking statements are based mostly on the present opinions and estimates of administration as of the date such statements are made and usually are not, and can’t be, a assure of future outcomes or occasions. Ahead-looking statements are topic to recognized and unknown dangers, uncertainties and different elements that will trigger the precise outcomes, stage of exercise, efficiency or achievements of the Firm to be materially completely different from these expressed or implied by such forward-looking statements or forward-looking info, together with however not restricted to: the end result of buyer pattern evaluations and the danger that constructive suggestions doesn’t end in profitable product qualification, industrial offtake or definitive agreements; the accuracy of SMM’s and the Firm’s financial modelling and price financial savings estimates, that are topic to assumptions that will differ materially from precise outcomes; SMM’s continued curiosity in and dedication to its collaboration with the Firm; the Firm’s means to safe buyer offtake, challenge financing and authorities funding on acceptable phrases or in any respect; receipt of the whole quantity of introduced anticipated funding from NRCan and different authorities associated grants and loans; the continued development of SMM’s personal LFP enterprise and solid-phase course of, which can compete with or cut back the necessity for the One-Pot course of; the well timed execution of the Firm’s enterprise plans; the event of expertise, provide chains and cathode manufacturing amenities; the Firm’s means to realize its said targets and commercialize its expertise and patents by way of license, three way partnership, DevCo or impartial manufacturing; normal and international financial, geopolitical and regulatory adjustments; commerce and export controls; anticipated international demand and projected progress for LFP batteries; and different threat elements as recognized in Nano One’s Annual Info Type dated March 25, 2026, for the yr ended December 31, 2025, its MD&A for the yr then ended, and in current securities filings for the Firm which can be found at

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. Though administration of the Firm has tried to establish necessary elements that might trigger precise outcomes to vary materially from these contained in forward-looking statements or forward-looking info, there could also be different elements that trigger outcomes to not be as anticipated, estimated or supposed. There will be no assurance that such statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers shouldn’t place undue reliance on forward-looking statements and forward-looking info. The Firm doesn’t undertake any obligation to replace any forward-looking statements or forward-looking info that’s integrated by reference herein, besides as required by relevant securities legal guidelines.

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