Mr. Gervais Jacques reports

5N+ AWARDED US$14.4 MILLION BY U.S. DEPARTMENT OF DEFENSE

5N Plus Inc. has been awarded $14.4-million (U.S.) by the United States Department of Defense for the production of space-qualified materials for solar cells under its Defense Production Act Investment (DPAI) program.

5N Plus manufactures and customizes high-purity, dislocation-free, electrically uniform and space-qualified germanium wafers, which are vital for solar cells powering commercial and national-security satellites. Based on meeting certain conditions, over the next four years, this award will enable 5N Plus to upgrade and increase its manufacturing capabilities at its St. George, Utah, facility while supporting the U.S. Department of Defense's domestic sources of supply.

"This is a testament to the quality of our high-purity specialty semiconductors and our standing as a trusted supplier of critical materials for critical applications," said Gervais Jacques, president and chief executive officer of 5N Plus. "Our enabling materials are frequently in orbit powering commercial and defence satellites, and we are proud to have been recognized once again as a key supplier to the U.S. Department of Defense."

About 5N Plus Inc.

5N Plus is a leading global producer of specialty semiconductors and performance materials. The company's ultrapure materials often form the core element of its customers' products. These customers rely on 5N Plus's products to enable performance and sustainability in their own products. 5N Plus deploys a range of proprietary and proven technologies to develop and manufacture its products. The company's products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial. Headquartered in Montreal, Que., 5N Plus operates R&D (research and development), manufacturing and commercial centres in strategically located facilities around the world, including Europe, North America and Asia.

We seek Safe Harbor.