Neo Extends Strategic Partnership for High-Performance Magnets with Bosch
NEWS
Neo Extends Strategic Partnership for High-Performance Magnets
with Bosch
TORONTO, Canada, September 19, 2025 – Neo Performance Materials Inc. (" Neo" or the " Company")
(TSX: NEO) (OTCQX:NOPMF) today announced the signing of a multi-year Memorandum of Understanding
with Robert Bosch GmbH ("Bosch"), a leading global supplier of technology and services.
Given this extended supplier partnership and in conjunction with Neo’s new capacity launch planning , Neo
will reserve significant annual magnet production capacity for its customer Bosch, with a clear mutual target
for both partners to transition the capacity reserve into definitive projects.
By reserving capacity with Neo, Bosch is taking a proactive step to ensure a stable supply chain network and
to foster supply chains that develop localized production, through competition and innovation. For Neo, a
commitment like this from a global technology leader continues to hasten the roadmap to plan and optimize
the design and construction of the next phase of its magnet manufacturing facility in Estonia . This further
solidifies Neo’s role as a strategic supplier-of-choice for magnets both to automotive applications and beyond.
"Entering this extended partnership with Bosch is a n important step in building a resilient and sustainable
supply chain for our customers," said Rahim Suleman, President and CEO of Neo. "This secures a significant
portion of our future production and speaks to our strategy of prioritizing partnerships with the world's largest
and most innovative companies."
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 critical 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, Can ada; 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, Thailand and the United Kingdom, as
well as a dedicated research and development center in Singapore. For more information, please visit
www.neomaterials.com.
Cautionary Statements Regarding Forward Looking Statements
This news release may contain "forward-looking information" within the meaning of applicable Canadian
securities legislation. Generally, but not always, forward -looking information and statements can be
identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such
words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will
be taken", "occur" or "be achieved" or the negative connotation thereof. Specific forward-looking statements
in this news release include, but are not limited to, launch of the new project award, operational expectations
resulting from the project award , revenue expectations and other matters relating thereto . In making the
forward-looking information in this news release, the Company has applied certain factors and assumptions
that are based on its current beliefs as well as assumptions made by and information currently available to
the Company. Although the Company considers these assumptions to be reasonable based on information
currently available to it, they may prove to be incorrect, and the forward-looking information in this release
are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially
from those expressed or implied in such forward-looking information. There are many risk factors associated
with the launch and operations of the new project platform . A number of factors could cause actual results
to differ materially from those anticipated by the Company , including but not limited to the risks and
uncertainties inherent in the nature of operations including the risks of a material adverse change in the
Company's assets or revenues, or risks of unknown liabilities that may arise.
Readers are cautioned not to place undue reliance on forward-looking information. The Company does not
intend, and expressly disclaims any intention or obligation to, update or revise any forward -looking
information whether as a result of new information, future events or otherwise, except as required by law.
For more information on Neo, investors should review Neo's continuous disclosure filings that are available
under Neo's profile at www.sedarplus.ca.
Information Contacts
Investor Requests: Media Requests:
Jonathan Baksh Vasileios Tsianos
EVP, Chief Financial Officer VP, Corporate Development
(416) 367-8588 ext. 7318 (416) 367-8588 ext. 7335
email: [email protected] email: [email protected]
Website: www.neomaterials.com