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Neo Announces Voting Results from Annual General Meeting of Shareholders

Shareholder Meetings

NEWS

Neo Announces Voting Results from

Annual General Meeting of Shareholders

TORONTO, Canada , June 26, 2025 – Neo Performance Materials Inc. (" Neo" or the " Company")

(TSX:NEO) reports, in accordance with the policies of the Toronto Stock Exchange, the results of the

matters put before shareholders for consideration and approving at the Company's annual general meeting

of shareholders, as described in the management information circular dated May 21, 2025 are set out below.

A total of 25.6 million common shares were voted in person or by proxy, representing 61.2% of the

outstanding common shares.

Shareholders voted as follows:

Brief Description of Matter Voted Upon Outcome of

Vote

Common Shares Voted

For Withheld

1. Election of Directors

In respect of the election of the following directors of the

Company to serve until next annual meeting of the shareholders

of the Company:

Edgar Lee Elected 92.83% 7.17%

Eric Noyrez Elected 94.70% 5.30%

Rahim Suleman Elected 94.87% 5.13%

G. Gail Edwards Elected 83.67% 16.33%

Hua Du Elected 94.45% 5.55%

Jonathan Evans Elected 94.89% 5.11%

Paul Mascarena Elected 94.61% 5.39%

2. Re-Appointment of Auditors

In respect of the re-appointment KPMG LLP, Chartered

Accountants, as the auditors of the Company until the close of

next annual meeting and authorizing the directors of the

Company to fix their remuneration

Approved 99.78% 0.22%

Cautionary Statements Regarding Forward Looking Statements

This news release contains “forward -looking information” within the meaning of applicable securities laws

in Canada. Forward -looking information may relate to future events or future performance of Neo. All

statements in this news release, other than statements of historical facts, with respect to Neo’s objectives and

goals, as well as statements with respect to its beliefs, plans, objectives, expectations, anticipations, estimates,

and intentions are forward -looking information. Often, but not always, forward -looking information can be

identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”,

“continues”, “forecasts”, “projects”, “predicts”, “intends”, “anticipates” or “believes”, or variations of, or the

negatives of, such words and phrases, or state that certain actions, events or results “may”, “could”, “would”,

“should”, “might” or “will” be taken, occur or be achieved. This information involves known and unknown

risks, uncertainties and other factors that may cause actual results or events to di ffer materially from those

anticipated in such forward -looking information. Neo believes the expectations reflected in such forward -

looking information are reasonable, but no assurance can be given that these expectations will prove to be

correct and such forward-looking information included in this discussion and analysis should not be unduly

relied upon. For more information on Neo, investors should review Neo’s continuous disclosure filings

available under its profile at www.sedarplus.ca. Information contained in forward-looking statements in this

press release is provided as of the date hereof and Neo disclaims any obligation to update any forward-looking

information, whether as a result of new information or future events or results, exce pt to the extent required

by applicable securities laws.

About Neo Performance Materials

Neo manufactures the building blocks of many modern technologies that enhance efficiency and

sustainability. Neo’s advanced industrial materials – magnetic powders, rare earth magnets, magnetic

assemblies, specialty chemicals, metals, and alloys – are crit ical to the performance of many everyday

products and emerging technologies. Neo’s products fast-forward technologies for the net-zero transition. The

business of Neo is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals. Neo

is headquartered in Toronto, Ontario, Canada; with corporate offices in Greenwood Village, Colorado, United

States; Singapore; and Beijing, China. Neo has a global platform that includes manufacturing facilities located

in China, Germany, Canada, Estonia, T hailand and the United Kingdom, as well as one dedicated research

and development centre in Singapore. For more information, please visit www.neomaterials.com.

Information Contacts

Irina Kuznetsova Vasileios Tsianos

Investor Relations Media Requests

(416) 367-8588 ext. 7334 (416) 367-8588 ext. 7335

[email protected]

[email protected]

Website: www.neomaterials.com