Neo Performance Materials

Last week, Neo’s Silmet team hosted the International Energy Agency (IEA) for its Critical Minerals Country Review of Estonia.

The IEA delegation visited both of our Estonian operations — NPM Silmet in Sillamäe and our permanent magnet plant in Narva — to see Neo's "molecules to magnets" model firsthand: one of Europe's few integrated rare earth value chains.

The takeaway: Estonia is the EU's most understated rare-earth asset and a real anchor for European supply chain resilience.

Thank you to the IEA's energy security team, our guests from Norway and Finland, and our partners across Estonia's Ministry of Economic Affairs and Communications, Ministry of Climate, and Enterprise Estonia.

Pleased to welcome India’s Minister of Commerce & Industry, Piyush Goyal, to Toronto! Our CEO, Rahim Suleman, and SVP, Vasileios Tsianos, met with the Minister and his delegation to discuss opportunities for Canada and India in clean-tech supply chains.

The Government of India has a deep understanding of critical raw materials and is developing impressive policy tools. It is important for both the public and private sectors to work together to meet the growing global demand for critical materials for electric mobility, renewable energy, and microelectronics. We look forward to India's growth, industrial developments, and increased trade.

Mark your calendar: Tuesday, June 2 at 2:00 PM EST

President & CEO Rahim Suleman will walk through the Neo story - our advanced materials platform, growth strategy, and where we're headed - followed by a live Q&A.

If you're an investor, analyst, or simply following the rare earth and advanced materials space, this is a chance to hear the NEO story and put your questions on the table.

Register here: https://www.renmarkfinancial.com/events/renmark-virtual-non-deal-roadshow-tsx-neo-otcqx-nopmf-8k2WZGmM32

Neo is pleased to announce the successful completion of our bought-deal treasury offering, which raised gross proceeds of approximately C$115 million.

Read the full announcement: https://www.neomaterials.com/neo-performance-materials-announces-completion-of-c115-million-bought-deal-treasury-offering-of-common-shares/

Neo announces a C$100 million bought deal public offering, reinforcing our commitment to growth across advanced materials and magnetics.

Proceeds are expected to support automation and equipment upgrades in Europe, expansion of our bonded magnetics business, and broader corporate priorities.

This marks another step in strengthening Neo’s position as a global supplier of critical materials enabling next-generation technologies.

Read more: https://www.neomaterials.com/neo-performance-materials-announces-c100-million-bought-deal-treasury-offering-of-common-shares/

Neo has entered into a strategic partnership with Greenland Mines to advance the Sarfartoq rare earth project.

This transaction reinforces Neo’s focus on its midstream and downstream strategy while maintaining equity exposure and future offtake potential in a promising rare-earth development.

A disciplined approach to capital allocation—positioning Neo to create long-term value across the supply chain.

Read more: https://www.neomaterials.com/neo-partners-with-greenland-mines-to-advance-sarfartoq-rare-earth-project

Record quarter. Raised guidance.

Neo delivered an exceptional quarter in Q1 2026 — with Adjusted EBITDA more than doubling year-over-year to $36.2 million, driven by disciplined ex*****on and favourable pricing across our critical materials portfolio.

On the strength of these results and a healthy demand outlook, we've raised our full-year Adjusted EBITDA guidance to $100–$110 million.

Highlights from the quarter:
✅ Produced our one-millionth magnet at our European Permanent Magnet facility
✅ Commissioned a heavy rare earth separation line at our Silmet facility in Estonia — with all processing completed in Europe
✅ Announced a multi-year AI research partnership with TalTech - Tallinn University of Technology
✅ All three business segments — Magnequench, Chemicals & Oxides, and Rare Metals — improved year over year
As the world accelerates its focus on supply chain security for critical materials, Neo is positioned at the centre of the solution.

Read the full Q1 2026 results here: https://www.neomaterials.com/neo-performance-materials-reports-first-quarter-2026-results/

Neo today announced a multi-year research partnership with TalTech - Tallinn University of Technology to advance AI and machine learning across our product development and manufacturing operations. Anchored by 30 years of rare earth leadership and a deep proprietary dataset, this collaboration will help drive measurable improvements in process optimization, yield, and magnetic performance.

🔗 Read more: https://www.neomaterials.com/neo-accelerates-advanced-ai-initiatives-through-partnership-with-tallinn-university-of-technology/

Neo will release its first quarter 2026 financial results before the Toronto market opens on Tuesday, May 12, 2026.

Join our earnings conference call and webcast at 10:00 AM ET / 7:00 AM PT to hear updates on the quarter and the business.

Learn more: https://www.neomaterials.com/media-advisory-first-quarter-2026-earnings-release-conference-call

On Saturday, April 11th, members of our Neo's Peterborough team proudly participated in the One Million Meals Peterborough Community Event for the second year in a row. This year marks the 10th anniversary of One Million Meals Peterborough, and we're thrilled that with the support of sponsors and volunteers, the organization reached its milestone goal of packaging 1,000,000 meals!

Through strong teamwork and collaboration, our Neo team packaged more than 450 meals to support individuals and families in need within our community and around the world. Building on last year's momentum, several employees were once again joined by their children and partners, reflecting the shared commitment to giving back that defines who we are at Neo. Neo Performance Materials is proud to be an official sponsor of One Million Meals Peterborough — Impacting Lives One Meal At A Time.