Mr. Paul Guedes reports

NANO ONE ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Nano One Materials Corp. has released the results of the annual general meeting of shareholders adjourned July 26, 2022, and reconvened today in Vancouver, B.C.

A total of 24,138,258 common shares were represented at the meeting, representing 25.25 per cent of the total issued and outstanding common shares of the company.

All matters presented for shareholder approval at the meeting were approved, as follows:

1. Increase the number of directors to seven;
2. Election of the directors of the company for the ensuing year;
3. Appointment of Davidson & Company LLP as auditor of the corporation for the ensuing year and authorizing the directors to fix their remuneration.

Election of directors

The seven nominees listed in the company's management information circular dated June 17, 2022, were elected directors as set out herein.

Detailed voting results for each of the matters voted on at the meeting will be available for viewing on SEDAR.

About Nano One Materials Corp.

Nano One Materials is a clean technology company with a patented, scalable and low-carbon-intensity industrial process for the low-cost production of high performance lithium-ion battery cathode materials. The technology is applicable to electric vehicle, energy storage, consumer electronic and next generation batteries in the global push for a zero-emission future. Nano One's One-Pot process, its coated nanocrystal materials and its metal to cathode active material (M2CAM) technologies address fundamental performance needs and supply chain constraints while reducing costs and carbon footprint. Nano One has received funding from various government programs and the current scaling of advanced battery materials project is supported by Sustainable Development Technology Canada (SDTC) and the Innovative Clean Energy (ICE) Fund of the Province of British Columbia.