Ann: NVX TO PARTICIPATE IN CITIs LITHIUM & BATTERY VIRTUAL DAY, page-39

They are uniquely placed being spread between Nova Scotia and Tennessee.

Canadian grants and funding is not off the table either. Both US and Canadian governments have provided funding in the past to Novonix. As Novonix commercialises at scale across their multiple divisions, I expect to see additional support to the company moving forward.

If the grants and loan program can get us another year or two of funding to keep the company scaling and on target, we will have multiple contracts for anode and advancements on the Cathode division, in theory, the SP should be much higher then and any CR shouldn't be as dilutive.