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NOU.TO ·

NMG Announces Grant of Stock Options

Share Capital & Compensation

NMG Announces Grant of Stock Options

MONTRÉAL--(BUSINESS WIRE)--March 28, 2022--Nouveau Monde Graphite Inc. (“NMG”,

“Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) announces the grant of

547,500 stock options to the directors and certain officers of the Company. These stock options

are granted in accordance with the terms of the stock option plan of the Company. Each option

entitles the holder thereof to purchase one common share of the Company at a price of $8.20 per

common share for a period expiring on March 28, 2027.

About Nouveau Monde

Nouveau Monde is striving to become a key contributor to the sustainable energy revolution. The

Company is working towards developing a fully integrated source of carbon-neutral battery

anode material in Québec, Canada for the growing lithium-ion and fuel cell markets. With low-

cost operations and enviable ESG standards, Nouveau Monde aspires to become a strategic

supplier to the world’s leading battery and automobile manufacturers, providing high-performing

and reliable advanced materials while promoting sustainability and supply chain traceability.

www.NMG.com

Cautionary Note Regarding Forward-Looking Information

All statements, other than statements of historical fact, contained in this press release including,

but not limited to, the “About Nouveau Monde” paragraph which essentially describe the

Company’s outlook and objectives, constitute “forward-looking information” or “forward-

looking statements” within the meaning of certain securities laws, and are based on

expectations, estimates and projections as of the time of this press release. Forward-looking

statements are necessarily based upon a number of estimates and assumptions that, while

considered reasonable by the Company as of the time of such statements, are inherently subject

to significant business, economic and competitive uncertainties and contingencies. These

estimates and assumptions may prove to be incorrect. Moreover, these forward-looking

statements were based upon various underlying factors and assumptions, including the current

technological trends, the business relationship between the Company and its stakeholders, the

ability to operate in a safe and effective manner, the timely delivery and installation of the

equipment supporting the production, the Company’s business prospects and opportunities and

estimates of the operational performance of the equipment, and are not guarantees of future

performance.

Forward-looking information and statements are subject to known or unknown risks and

uncertainties that may cause actual results to differ materially from those anticipated or implied

in the forward-looking information and statements. Risk factors that could cause actual results

or events to differ materially from current expectations include, among others, delays in the

scheduled delivery times of the equipment, the ability of the Company to successfully implement

its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the

availability of financing or financing on favorable terms for the Company, the dependence on

commodity prices, the impact of inflation on costs, the risks of obtaining the necessary permits,

the operating performance of the Company’s assets and businesses, competitive factors in the

graphite mining and production industry, changes in laws and regulations affecting the

Company’s businesses, political and social acceptability risk, environmental regulation risk,

currency and exchange rate risk, technological developments, the impacts of the global COVID-

19 pandemic and the governments’ responses thereto, and general economic conditions, as well

as earnings, capital expenditure, cash flow and capital structure risks and general business

risks. Unpredictable or unknown factors not discussed in this Cautionary Note could also have

material adverse effects on forward-looking statements.

Many of these uncertainties and contingencies can directly or indirectly affect, and could cause,

actual results to differ materially from those expressed or implied in any forward-looking

statements. There can be no assurance that forward-looking statements will prove to be

accurate, as actual results and future events could differ materially from those anticipated in

such statements. Forward-looking statements are provided for the purpose of providing

information about management’s expectations and plans relating to the future. The Company

disclaims any intention or obligation to update or revise any forward-looking statements or to

explain any material difference between subsequent actual events and such forward-looking

statements, except to the extent required by applicable law.

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 release.

Further information regarding the Company is available in the SEDAR database

(www.sedar.com), and for United States readers on EDGAR (www.sec.gov), and on the

Company’s website at: www.NMG.com.

Contacts

Julie Paquet

VP Communications & ESG Strategy

+1-450-757-8905 #140

[email protected]