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NOU.TO ·

Nouveau Monde Has Successfully Been Admitted and Will

Corporate Updates

PRESS RELEASE

For immediate release

NOUVEAU MONDE HAS SUCCESSFULLY BEEN ADMITTED AND WILL

COMMENCE TRADING ON THE NYSE ON MONDAY, MAY 24, 2021

MONTRÉAL, QUÉBEC, May 19, 2021 – Nouveau Monde Graphite I nc. (“Nouveau Monde” or the

“Company”) (TSXV: NOU, OTCQX: NMGRF, FSE: NM9) is pleased to announce that it has received

approval for the listing of its common shares on the New York Stock Exchange (“NYSE”). The

Company expects its common shares will open for trading on the NYSE on May 24, 2021, under the

symbol “NMG”.

Arne H Frandsen, Chairman of Nouveau Monde, commented: “An extraordinary journey has just

achieved another milestone. As Chairman, I am so proud of the Nouveau Monde team, and how

we have so promptly secured a listing on the world’s largest and most important capital market,

namely the New York Stock Exchange. This comes as we have commenced the work on our Phase

1 beneficiation plant, which early in 2022 is expected to start produc ing battery grade shaped,

purified and coated graphite. We remain committed to becoming North America’s largest fully

integrated anode material production facility, and ultimately delivering our critical materials with

zero carbon footprint from our Québec-based facilities.”

Eric Desaulniers, President and CEO of Nouveau Monde, added: “As the Western World’s economy

is on the verge of a major industrial shift driven by the electrification of transportation and energy

storage systems, t he entire Nouveau Monde team is thrilled to play a meaningful role in the

sustainable extraction and transformation of an essen tial battery material to help make this

revolution possible. Nouveau Monde is a true North American story of local security of supply, full

traceable verticalization, carbo n-neutrality, lot- by-lot consistency and long-term cost structure

resilience. We are striving to advance , one milestone at a time, toward s our objective of

establishing our company as a leading supplier of battery material.”

Additional Information for Shareholders

In addition to listing and trading on the NYSE in U.S. dollars, Nouv eau Monde’s common shares

continue to be listed and trade on the TSX Venture Exchange (“TSXV”) in Canadian dollars under

the symbol “NOU”. Shareholders that purchased their Nouveau Monde common shares on the

TSXV and, in connection with the NYSE listing, wish to trade in U.S. dollars are advised to contact

their broker for more information.

Shareholders that purchased their Nouveau Monde common shares “over -the-counter” or OTC,

including shareholders whose shares are denoted in their institution/broker acco unt with the

symbol “NMGRF”, are advised to monitor their account to ensure their holdings are updated to

reflect the NYSE listing and trading symbol, as the Company expects OTC quotations for Nouveau

Monde common shares to cease in connection with the NYS E listing. Shareholders are advised to

contact their broker for more information if they have questions in this regard.

Nouveau Monde’s common shares will als o continue to trade on the Frankfurt Stock Exchange

under the symbol “NM9”.

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 aspi res 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.

Media Investors

Julie Paquet

Director, Communications

+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 statements with respect to the timing of commencement of trading of the

Company’s securities on the NYSE, the anticipated benefits of listing on the NYSE, the treatment of

the Company’s OTC quotations, the timeline of the Company’s Phase 1 beneficiation plant, and

those statements which are discussed under the “About Nouveau Monde” paragraph and

elsewhere in the press release 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 impleme nt

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

availability of financing or financing on favourable 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 Company is available in the SEDAR database (www.sedar.com) and

on the Company’s website at: www.NouveauMonde.group