Mr. Rocco Marinaccio reports

NANOXPLORE ANNOUNCES SUPPLY AGREEMENT WITH CLUB CAR AT NEWLY COMMISSIONED FACILITY, EXPANDING INTO RECREATIONAL PRODUCTS MARKET

Nanoxplore Inc. has entered into an exclusive, long-term supply agreement with Club Car.

Nanoxplore is pleased to announce the successful onboarding of Club Car, a leading name in the recreational products industry at the company's newly launched, state-of-the-art manufacturing facility in Statesville, N.C. This partnership will support the production of graphene-enhanced, high-performance solutions, underscoring Nanoxplore's commitment to innovation and advanced materials. The addition of Club Car to Nanoxplore's growing customer portfolio marks a significant milestone in the company's diversification strategy, expanding the company's reach and revenue opportunities beyond Nanoxplore's traditional focus in the transportation sector.

This multiyear agreement showcases Nanoxplore's leadership in providing customers with graphene-enhanced solutions, starting with virgin polypropylene (PP) to produce lightweight, durable components for recreational equipment. In the next phase, Club Car will transition to graphene-enhanced recycled PP sourced from Nanoxplore's Canuck Compounders, combining performance with sustainability.

This forward-thinking approach supports circular economy principles, restoring and strengthening recycled materials, improving their durability, recyclability and life-cycle performance. This project illustrates Nanoxplore's commitment to developing innovative, high-performance solutions that incorporate environmental considerations.

"Securing a leading customer in the recreational products sector represents a key milestone in our growth strategy," said Rocco Marinaccio, current chief operating officer and incoming chief executive officer of Nanoxplore. "Expanding into this dynamic market allows us to diversify beyond transportation revenues and reinforces our position as a versatile provider of high-performance, eco-friendly, graphene-enhanced solutions. Our graphene-enhanced recycled PP technology demonstrates how sustainability can be a true competitive advantage-delivering products that perform like new while reducing environmental impact."

The agreement is projected to generate approximately $15-million in annualized revenues for Nanoxplore, with production already launched in October.

The commissioning of the company's new state-of-the-art facility and the addition of a key customer in the recreational products sector highlight Nanoxplore's continuing growth momentum. This milestone reflects Nanoxplore's progress in developing graphene-enhanced technologies that improve product performance and resource efficiency. By integrating measurable sustainability practices, such as reducing energy consumption and material waste, Nanoxplore aims to strengthen long-term revenue streams and responsibly contribute to the future of high-performance manufacturing.

About Nanoxplore Inc.

Nanoxplore is a graphene company, a manufacturer and supplier of high-volume graphene powder for use in transportation and industrial markets. Also, the corporation provides standard and custom graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics and other industrial sectors. The corporation is also a silicon-graphene-enhanced lithium-ion battery manufacturer for the energy storage, defence and industrial markets. Nanoxplore is headquartered in Montreal, Que., with manufacturing facilities in Canada, the United States and Europe.

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