Nouveau Monde Graphite Welcomes Chantal Sorel to Board

Introducing Chantal Sorel to Nouveau Monde Graphite’s Board

Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE: NMG) has recently appointed Chantal Sorel to its Board of Directors in place of Dr. Jürgen Köhler. This change signifies an exciting new chapter for NMG as it continues its pivotal journey towards developing sustainable graphite solutions.

A Visionary Leader Joins the Team

Chantal Sorel brings with her a wealth of experience and a proven track record as an accomplished executive and board director. Her expertise encompasses project management, financing, and operations which are critical at this stage of NMG's evolution. As the Company moves forward with its updated feasibility study, Chantal's insights will be invaluable in finalizing plans ahead of significant investment decisions regarding the Phase-2 Matawinie Mine and the Bécancour Battery Material Plant.

Emphasizing Growth and Strategic Development

Arne H. Frandsen, Chair of NMG, expressed enthusiasm for Chantal's appointment, highlighting her deep understanding of the Québec infrastructure sector and her strategic business development skills as enriching assets to the Company’s governance. He notes that this year will be crucial for NMG’s growth trajectory, and having Chantal on board will enhance the roadmap towards becoming a leader in the North American natural graphite market.

CEO’s Perspective on New Addition

Eric Desaulniers, Founder, President, and CEO of NMG, welcomed Chantal Sorel with open arms, indicating that her extensive experience will significantly contribute to NMG's future. "Bienvenue to Team Nouveau Monde, Chantal! Your diverse background and approach will greatly aid us as we tackle the exciting prospects on the horizon," he stated excitedly.

Chantal Sorel’s Impressive Background

With a career spanning over 35 years, Sorel has held various high-level strategic roles in major corporations, overseeing business units with comprehensive accountability. Her experience spans sectors such as power, infrastructure, rail and transit, and industrial facilities, including significant exposure to mining and metallurgy.

Chantal's breadth of experience is complemented by her academic credentials, holding a Bachelor’s degree in architecture from the University of Montréal and a Master’s degree in Project Management from the University of Québec in Montréal. Furthermore, she has completed a Director's Education Program offered by prominent Canadian institutions, which underscores her commitment to effective governance.

Recognizing Board Contributions

The Company extends its gratitude to Dr. Köhler for his leadership and dedication throughout his tenure on the Board. His contributions have greatly influenced NMG's development, and he will be missed.

About Nouveau Monde Graphite

Nouveau Monde Graphite is dedicated to establishing responsible mining and advancing manufacturing operations to provide the global market with carbon-neutral active anode materials essential for powering electric vehicles and renewable energy storage solutions. The Company is proactively creating a comprehensive ore-to-battery-material supply chain in Québec, with a strong commitment to sustainable practices.

With high ESG standards, NMG has established crucial partnerships with key customers, positioning itself as a strategic supplier for the leading lithium-ion battery and EV manufacturers. The Company is focused on delivering high-performing, reliable advanced materials while promoting sustainability and ensuring supply chain transparency.

Frequently Asked Questions

Why is Chantal Sorel’s appointment important for NMG?

Chantal Sorel's extensive experience and strategic insights are expected to strengthen NMG's governance and enhance its growth trajectory as the Company solidifies its market position.

What sectors does Chantal Sorel have experience in?

Chantal has vast experience across various sectors, including infrastructure, project management, power, and mining, making her a valuable asset to NMG.

What does NMG aim to achieve with this leadership change?

NMG aims to leverage Chantal’s expertise to navigate essential investment decisions and advance sustainable practices in graphite production.

What are NMG’s commitments regarding sustainability?

NMG is dedicated to developing responsible mining operations while ensuring the environmental impact is minimized through its carbon-neutral active anode material production.

How does Chantal's education contribute to her role?

Chantal's educational background in architecture and project management, combined with her governance training, equips her with the knowledge to make informed decisions on the Board.

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