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NGC.V ·

Northern Graphite Grants Stock Options to Non-Executive Directors

Share Capital & Compensation

Northern Graphite Grants Stock Options to

Non-Executive Directors

Ottawa, Ontario--(Newsfile Corp. - December 9, 2025) - Northern Graphite Corporation

(TSXV: NGC)

(OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG)

(the "

Company

" or "

Northern

") announces that, as part

of the compensation of its Non-Executive Directors, it has granted a total of 2,860,000 stock options of

the Company to Non-Executive Directors. The stock options will vest immediately, are exercisable at

$0.20 per share and will expire on December 5, 2030.

"Our Board has been steadfast in its support as we position Northern Graphite for growth across our

assets to pursue our integrated mine-to-battery strategy.

The stock option grant recognizes their efforts

and their confidence in the long-term value we are building," said Northern Chief Executive Officer

Hugues Jacquemin.

About Northern Graphite

Northern is a Canadian, TSX Venture Exchange listed company that is the only flake graphite producing

company in North America.

Northern is focused on becoming a world leader in producing natural

graphite and upgrading it into high-value products critical to the green economy, including anode

material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial

technologies. The Company's mine-to-battery strategy is spearheaded by its Battery Materials Group,

which has a fully equipped, state-of-the-art laboratory in Frankfurt. Northern's graphite assets include the

producing Lac des Iles mine in Quebec, where the Company plans to increase output to meet growing

demand from industrial customers and coming demand from North American battery makers. The

Company also owns the large-scale, advanced stage Bissett Creek graphite project in Ontario and the

fully permitted Okanjande graphite mine in Namibia, which is currently on care and maintenance and

represents an opportunity to substantially increase graphite production at a lower cost and with a shorter

time to market than most competing projects. All projects have "battery quality" graphite and are located

close to infrastructure in politically stable jurisdictions.

For Media Inquiries Contact

Pav Jordan, VP of Communications

Email:

[email protected]

For Additional Information

Please visit the Company's website at

northerngraphite.com

, the Company's profile

on

www.sedarplus.ca

our

Social Channels

listed below or contact the Company at (613) 271-2124.

LinkedIn

YouTube

X

Facebook

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain "forward-looking statements" within the meaning of applicable

Canadian securities laws. Forward-looking statements and information are frequently characterized by

words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential",

"possible" and other similar words, or statements that certain events or conditions "may", "will",

"could", or "should" occur. Forward-looking statements in this news release include statements

regarding, among others, plans for extending the mine life and increasing output at LDI, bringing the

Company's Namibian operations back online, advancing other developments projects to production,

developing the capacity to manufacture value added products and raising the financing to complete

any or all of these initiatives. All such forward-looking statements are based on assumptions and

analyses made by management based on their experience and perception of historical trends, current

conditions and expected future developments, as well as other factors they believe are appropriate in

the circumstances. However, these statements are subject to a variety of risks and uncertainties and

other factors that could cause actual events or results to differ materially from those projected

including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by

applicable authorities; the failure of other parties to perform as agreed; social or labour unrest;

changes in commodity prices; unexpected failure or inadequacy of infrastructure and the failure of

ongoing and contemplated studies to deliver anticipated results or results that would justify and

support continued studies, development or operations, and the inability to raise the required

financing. Readers are cautioned not to place undue reliance on forward-looking information or

statements.

Although the forward-looking statements contained in this news release are based on what

management believes are reasonable assumptions, the Company cannot assure investors that

actual results will be consistent with them. These forward-looking statements are made as of the date

of this news release and are expressly qualified in their entirety by this cautionary statement. Subject

to applicable securities laws, the Company does not assume any obligation to update or revise the

forward-looking statements contained herein to reflect events or circumstances occurring after the

date of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

press release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/277424