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Nouveau Monde Announces Grant of Stock Options

Share Capital & Compensation

PRESS RELEASE

For immediate release

NOUVEAU MONDE ANNOUNCES GRANT OF STOCK OPTIONS

MONTRÉAL, QUÉBEC, May 26, 2021 – Nouveau Monde Graphite Inc. (“Nouveau Monde” or the

“Company”) ( NYSE: NMG; TSXV: NOU; Frankfurt: NM9) announces the grant of 60 5,000 stock

options to directors, officers, employees and a consultant. 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 c ommon share of the C ompany at a price of $16.84 per common share

for a period of five years from May 25, 2021.

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 green battery anode material

in Québec, Canada. Targeting commercial operations by 2023, the Company is developing

advanced carbon-neutral graphite-based material solutions 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 lead ing battery and automobile manufacturers,

providing high performing and reliable advanced materials while promoting sustainability and

supply chain traceability.

Media Investors

Julie Paquet

VP Communications & ESG Strategy

+1-450-757-8905 #140

[email protected]

Christina Lalli

Director, Investor Relations

+1-438-399-8665

[email protected]

Subscribe to our news feed: https://NouveauMonde.group/investors/#news

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 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 strategi c

initiatives will yield the expected benefits, 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, technological developments, the impacts of the global

COVID-19 pandemic and the governments’ responses thereto, and general economic conditions.

Unpredictable or unknown factors not discussed in this Cautionary Disclaimer 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 accur acy of this

release.

Further information regarding Company is available in the SEDAR database (www.sedar.com) and on the

Company’s website at: www.NouveauMonde.group