MONTRÉAL, November 03, 2025 — Nouveau Monde Graphite Inc. (“NMG” or the “Company”) (NYSE: NMG, TSX: NOU), through its wholly owned subsidiary, NMG Bécancour Inc. (“NMG Bécancour” collectively referred to as “NMG”), and Panasonic Energy Co., Ltd. (“Panasonic Energy”), a wholly owned subsidiary of Panasonic Holdings Corporation (“Panasonic”) (TYO: 6752), have successfully revised and updated their multiyear binding offtake (the “2025 Panasonic Energy Binding Offtake Agreement”) with the objective of advancing the production of active anode material. As a customer and strategic shareholder, Panasonic Energy reaffirm their support for the development of NMG’s Phase-2 integrated ore-to-battery-materials value chain.
Kazuo Tadanobu, President and CEO of Panasonic Energy, announced: “We’re pleased to see our partnership with NMG moving into the next phase. Built on mutual trust and shared goals, this collaboration is an important step toward establishing a more sustainable and reliable battery materials supply chain. Together, we’re combining our expertise and resources to strengthen supply stability, enhance innovation, and meet the growing needs of the industry. This partnership underscores our shared commitment to long-term growth, responsible progress, and building a foundation for future technologies.”
Eric Desaulniers, Founder, President, and CEO of NMG, stated: “Panasonic Energy has been a steady and invaluable partner in the technological development of our business strategy. With this revised offtake, we are setting the path for launching the initial capacity of the Phase-2 Bécancour Battery Material Plant, tailored to Panasonic Energy’s specifications and in tune with the North American gradual market growth. From electric vehicles (“EVs”) to energy storage systems for renewable energies and data centers, Panasonic Energy’s commercial reach provides NMG with solid footings for our market entry.”