Mr. Paul Guedes reports

NANO ONE ANNUAL GENERAL SHAREHOLDER MEETING

Nano One Materials Corp. is reminding shareholders about the coming annual general meeting (AGM) to be held on Thursday, June 29, 2023, at 1:30 p.m. Pacific Time.

Materials for the AGM were mailed to shareholders of record the week of June 5, 2023, and may also be found on the Nano One website and on SEDAR. Shareholder votes must be received by 1:30 p.m. Pacific Time on June 27, 2023. Your feedback and your vote are important, regardless of the number of shares you own. You can vote by proxy at the AGM, and by proxy on the Internet, by phone or by fax as per the instructions included in the meeting materials. If you have not received your materials yet, please contact your bank of financial institution directly to relay you voting instructions, or if your shares are held in your name, please contact the company at info@nanoone.ca for assistance.

Letter to shareholders

In advance of the AGM, management has issued a letter to shareholders which outlines its outlook on the accomplishments of the past year as well as its vision and evaluation of the company looking forward to 2024. The letter will be available to all stakeholders on the company's website and filed on SEDAR.

About Nano One Materials Corp.

Nano One 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. With strategic collaborations and partnerships, including automotive OEMs (original equipment manufacturers) and strategic industry supply chain companies like BASF, Umicore and Rio Tinto, Nano One's technology is applicable to electric vehicles, energy storage and consumer electronics, reducing costs and carbon intensity while improving environmental impact. The company aims to pilot and demonstrate its technology as turnkey production solutions for license, joint venture and independent production opportunities, leveraging Canadian talent and critical minerals for emerging markets in North America, Europe and the Indo-Pacific region. Nano One has received funding from Sustainable Development Technology Canada and the governments of Canada and British Columbia.

We seek Safe Harbor.