NVX Chart, page-12

Cloud
Not 6 months behind !!!- please read full Announcement of 22 December re changed arragements, see excerpt below:

As previously advised, Novonix is in the process of expanding its production capacity for batterygrade synthetic graphite material. The initial phase target capacity is 2,000 tons/annum and will
utilize proprietary new furnace technology developed under Novonix’s strategic alliance with
US-based Harper International Corporation (“Harper”)1.

In this context, Novonix and Samsung SDI have agreed that the full production qualification
program should be based around material produced in the 2,000 ton per year expansion.

Executives at Samsung, Samsung SDI and Board members of NOVONIX have also mutually
agreed that the collaboration between the two companies will expand to include next generation
technologies and that the US-sourced supply of these materials will be a key priority for
Samsung SDI.