Mr. Spencer Huh reports

NEO BATTERY APPOINTS DR. PATRICK C. LEE, PROFESSOR AT UNIVERSITY OF TORONTO, FOR BATTERY & DRONE STRATEGIC INITIATIVES

Neo Battery Materials Ltd. has appointed Dr. Patrick C. Lee as senior scientific adviser to the company.

Dr. Lee is an accomplished material scientist and a recognized expert in nano-structured polymers and composite materials with applications in electronics, automotive and aerospace technologies. He is currently tenured as associate professor at the University of Toronto department of mechanical and industrial engineering. Earlier in his career, Dr. Lee spent several years at The Dow Chemical Company in core research and development, in which he has held senior leadership roles. He received his PhD in mechanical engineering from the University of Toronto and performed postdoctoral research at the University of Minnesota.

In recognition of his research and professional endeavours, Dr. Lee has received fellow of the Canadian Society for Mechanical Engineering in 2024, the G.H. Duggan medal from the CSME in 2020 and the U.S. National Science Foundational Faculty early career award in 2018. He has published and refereed more than 100 research publications in high-impact journals such as Nature Communications, Advanced Functional Materials, Progress in Polymer Science and many others with more than 30 filed or issued patents.

With Neo, Dr. Lee will provide strategic and technical guidance in the development of lightweight composite materials for battery packs and drone airframes to improve energy density and system efficiency. Collaborative initiatives in optimizing thermal interface materials for enhanced battery heat dissipation will further support safer and higher performance across Neo's battery products.

Additionally with Dr. Lee, Neo will expand industry-academia relationships with the University of Toronto through the launch of international innovation hubs and applications to governmental funding opportunities. The company intends to strengthen participation in Canada and North America's advanced materials and clean energy ecosystem.

About Neo Battery Materials Ltd.

Neo Battery Materials is a Canadian battery technology company focused on developing and producing silicon-enhanced lithium-ion batteries in drones, unmanned aerial vehicles, robotics, unmanned systems, electronics, electric vehicles and energy storage systems for artificial intelligence data centres. With a patent-protected, low-cost manufacturing process, Neo Battery enables longer-running and ultrafast-charging batteries, and provides end-to-end battery solutions from material selection, cell architecture and process optimization. The company aims to be a globally leading producer of high performance lithium-ion-battery components and materials, building a secure, robust battery supply chain in North America.

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